Gravure Printing Ink Market Size, Growth Potential Analysis, Porters Analysis, Pricing Trend, Regulatory Landscape & Forecast, 2023 – 2032

Gravure Printing Ink Market size is poised to grow with a lucrative CAGR from 2023 to 2032 due to the fast-growing packaging and lamination sectors across the globe. The increasing consumption of processed food has led to significant strides in the food packaging sector.
 

Gravure inks are mainly fluid inks that have a very low viscosity to allow them to be drawn into the engraved cells within the cylinder and then transferred onto the substrate. Considering their superior UV light and moisture-resistant properties, the inks find extensive application across various printing needs.
 

Furthermore, the emergence of novel cylinder & press technologies, coupled with the higher adoption of rotogravure printing inks in flexible packaging applications, is set to enhance the market dynamics.
 

Recently, the Russia-Ukraine war impeded the product supply across the world as both countries are considered the leading producers of printing inks. Ukraine is a major exporter of titanium dioxide, which dropped notably due to continuous threats and conflicts at the Russian-Ukrainian borders, leading to shortages and price hikes for gravure printing inks.
 

One of the crucial factors impeding gravure printing ink market expansion is growing environmental concerns and a positive inclination toward digital printing methods. As gravure inks emit a large amount of volatile organic compounds and work against regulatory norms for printers, along with the emergence of digital technologies for printing, the market is projected to witness a negative impact on product demand.
 

Based on type, the market size from solvent-based gravure printing inks will expand considerably with increasing adoption as they are swift and take less time to dry. These inks are gaining widespread popularity across the globe on account of their ability to adapt to various substrates. However, the presence of various environmental regulations and raw material price volatility will obstruct market growth.
 

On the contrary, the water-based segment of the market will witness an upsurge in revenue on account of soaring consumer inclination owing to their eco-friendly benefits and adherence to several environmental regulations. Prominent technological advancements, along with increasing mass production, are other factors supporting segment adoption.
 

The demand for gravure printing ink materials in the packaging sector will rise with the booming preference for online shopping, mainly across emerging countries. The growing penetration of labels, plastic bags, and invoices in packaging will drive segment growth.
 

Asia Pacific gravure printing ink market will gain significant traction through 2032 on account of the escalating disposable incomes and rising acceptance of interior designing with customized wallpapers. The growing intake of processed and canned food, particularly in China and India, has led to the expansion of the food packaging sector in the region. The improved standards of living and booming packaging sector have resulted in higher product demand. Additionally, the presence of favorable government regulations in India has contributed to the influx of medium and small enterprises. Factors including the increasing number of production facilities and mounting investments by foreign companies are likely to benefit APAC market growth.
 

Some of the leading players in the gravure printing ink market are DIC Corporation, Technocrafts India, Siegwerk Druckfarben, Dainichiseika Color & Chemicals Mfg. Co., Ltd, Mac-Mixu Coating & Chemicals, Sun Chemical (Sun Chemical Group CoÖPeratief Ua), Worldtex Speaciality Chemicals, Hubergroup Deutschland GmbH (Mhm Holding Gesellschaft Mit BeschrÄNkter Haftung), Wikoff Color, Flint Group, CHEMICOAT, MITSU Inks Pvt. Ltd., and Sakata, among others.
 

These market participants are constantly resorting to persistent efforts, such as novel product launches, and are working on partnership-oriented strategies, to expand their portfolio and customer base. They are also focusing on capacity expansions to bolster sales.
 

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