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Gravure Printing Press Market Growth Trends and Technology Advancements Shaping the Industry by 2032

10-25-2024 09:01 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: WiseGuy Reports

Gravure Printing Press Market Growth Trends and Technology

The Gravure Printing Press Market is experiencing significant growth, driven by increasing demand across various industries that require high-quality and high-volume printing. Gravure printing, also known as rotogravure, is a versatile and efficient printing process that uses engraved cylinders to transfer ink directly onto substrates. This method is widely recognized for producing vibrant colors, fine detail, and consistency, making it popular for applications such as packaging, publications, and decorative printing. With global demand for printed materials on the rise, the market for gravure printing presses is expected to grow significantly in the coming years.

Gravure Printing Press Market Size was estimated at 6.08 USD Billion in 2023. The Gravure Printing Press Market Industry is expected to grow from 6.26 USD Billion in 2024 to 7.85 USD Billion by 2032. The Gravure Printing Press Market CAGR is expected to be around 2.88% during the forecast period 2024 - 2032.

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Key Companies in the Gravure Printing Press Market Include:

SOMA

Tisch PMG

Eti Converting

KBAKammann

Heidelberg

W

Uteco

Armour

MPS

Nilpeter

Pulido

Omet

Market Dynamics and Growth Drivers

One of the primary drivers of the gravure printing press market is the growing demand for flexible packaging. As packaging is one of the largest applications of gravure printing, the industry has seen increasing demand from sectors like food and beverage, pharmaceuticals, and consumer goods, where packaging not only serves to protect products but also to attract consumers. Gravure printing is well-suited for packaging due to its ability to deliver high-quality, repeatable images at high volumes, making it ideal for companies that need reliable and efficient production lines. This demand for quality packaging, driven by consumer expectations and brand competition, continues to fuel the growth of gravure printing presses globally.

Another critical factor is the expansion of the e-commerce sector, which has increased the need for effective and aesthetically pleasing packaging solutions. With e-commerce giants focusing on personalized packaging and product branding to enhance customer experience, gravure printing presses offer the capability to produce intricate designs and vibrant colors that can help differentiate products on virtual shelves. Furthermore, the increasing awareness of sustainable practices is prompting packaging manufacturers to choose gravure printing presses that minimize ink wastage, enhance substrate compatibility, and are energy efficient.

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Technological Advancements in Gravure Printing

Technological advancements are further shaping the gravure printing press market, particularly in terms of digital integration, automation, and efficiency improvements. Automation in gravure printing presses allows for faster production speeds, minimized waste, and less operator intervention, which reduces labor costs. Many gravure press manufacturers are investing in research and development to create machines that can deliver quicker turnaround times and improved print quality. Additionally, the integration of Industry 4.0 technologies-such as the Internet of Things (IoT), machine learning, and artificial intelligence-into gravure printing presses allows manufacturers to monitor and optimize production processes, predict maintenance needs, and enhance efficiency.

Further, digitalization within gravure printing presses is enabling rapid, on-demand production and easy customization. With variable data printing, brands can adapt designs to meet market preferences quickly, which is especially valuable in markets like consumer goods, where trends change rapidly. These technological improvements not only boost productivity and reduce operational costs but also increase the appeal of gravure printing in a competitive printing landscape, especially in contrast to other printing methods.

Gravure Printing Press Market Segmentation Insights

Gravure Printing Press Market Print Type Outlook

Packaging Printing
Publication Printing

Gravure Printing Press Market Substrate Type Outlook

Paper
Film
Foil

Gravure Printing Press Market Printing Cylinder Circumference Outlook

Below 1000 mm
1000-1500 mm
Above 1500 mm

Gravure Printing Press Market Speed Outlook

Up to 50 m/min
50-100 m/min
Above 100 m/min

Gravure Printing Press Market Automation Level Outlook

Semi-Automatic
Fully Automatic

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Regional Market Insights

The gravure printing press market is expanding globally, with specific regional markets showing distinctive growth patterns. For instance, the Asia-Pacific (APAC) region dominates the market due to its extensive manufacturing base and growing industries such as consumer goods and e-commerce. Countries like China, Japan, and India are leading adopters of gravure printing presses due to their large-scale packaging and publishing industries. APAC's strong focus on manufacturing and cost-effective production solutions supports the adoption of gravure printing technology, especially as companies seek high-quality printing solutions that can be scaled up to meet rising consumer demands.

In North America and Europe, gravure printing presses are also seeing steady demand, albeit at a different pace and driven by specific market needs. These regions focus more on sustainable practices and high-quality packaging solutions that align with strict environmental standards. The shift towards eco-friendly materials and processes is significant here, leading to the adoption of advanced gravure presses that allow for precise ink application, which minimizes waste. Additionally, both regions see increasing investments in automation and digitalization of gravure printing presses to meet the sophisticated and rapidly changing needs of the retail and packaging sectors.

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About US:

Wise Guy Reports is pleased to introduce itself as a leading provider of insightful market research solutions that adapt to the ever-changing demands of businesses around the globe. We want our clients to have information that can be used to act upon their strategic initiatives. We, therefore, aim to be your trustworthy partner within dynamic business settings through excellence and innovation. By offering comprehensive market intelligence, our company enables corporate organizations to make informed choices, drive growth, and stay ahead in competitive markets.

WiseGuy Reports

Pune Maharashtra, India 411028

+91 20 6912 2998 | +162 825 80070 (US) | +44 203 500 2763 (UK)

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