Rotogravure Printing Ink Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Technology (Solvent-Based, Water-Based, Others), By Resin Type (Nitrocellulose, Polyamide, Polyurethane, Acrylic, Others), By Colorants (Pigments Based, Dyestuff Based), By Viscosity of Ink (Liquid Inks, Screening Inks, Paste Inks), By Application (Packaging, Publication, Product, Promotion), By Region, and By Competition, 2019-2029F

Market Overview

Global Rotogravure Printing Ink Market was valued at USD 4.03 billion in 2023 and is anticipated to grow in the forecast period with a CAGR of 3.22% through 2029. The Global Rotogravure Printing Ink Market is a dynamic and evolving sector within the printing industry. Rotogravure printing ink is a critical component in the rotogravure printing process, which involves engraving an image onto a cylindrical surface and then transferring it onto various substrates. Rotogravure printing, also known as gravure printing, is a sophisticated printing technique where images are engraved onto a cylinder, which then transfers ink to the printing substrate. This method is favored for its ability to handle high volumes efficiently and achieve superior print quality, making it ideal for applications like packaging, publishing, and decorative materials. The ink used in rotogravure printing must meet specific requirements to ensure optimal performance. These inks are designed to adhere well to a variety of surfaces including plastics, foils, papers, and films, while also delivering excellent color reproduction and resistance properties. 

The demand for rotogravure printing inks is closely linked to the growth of the packaging industry. With increasing consumer goods consumption and rising demand for packaged products, there is a parallel demand for high-quality, visually appealing packaging materials. Continuous innovations in ink formulations are enhancing the performance of rotogravure inks. Manufacturers are focusing on developing inks that offer improved color intensity, faster drying times, and enhanced durability.

Key Market Drivers

Expanding Packaging Industry

The packaging industry is experiencing an unprecedented surge, driven by the changing dynamics of global commerce and consumer behavior. This growth is creating ripples across various sectors, and one notable beneficiary is the Global Rotogravure Printing Ink Market. The expanding packaging industry places an increasing emphasis on aesthetics and product presentation. As brands vie for consumer attention in a crowded marketplace, the need for high-quality printing solutions becomes paramount. Rotogravure printing, with its ability to produce sharp, detailed, and vibrant images, is emerging as the preferred choice for many packaging applications. The demand for visually appealing packaging materials acts as a catalyst, propelling the growth of the rotogravure printing ink market.

The packaging industry is diverse, catering to a wide range of products and consumer preferences. From food and beverages to pharmaceuticals and electronics, each sector has unique packaging requirements. Rotogravure printing inks offer versatility, making them suitable for various packaging materials such as labels, flexible packaging, corrugated boxes, and more. This adaptability positions rotogravure printing as a go-to solution for industries seeking customized and high-quality packaging, further fueling the demand for compatible inks.

The rise of e-commerce and the continued growth of the consumer goods sector have reshaped the packaging landscape. With an increasing number of products being shipped directly to consumers, there's a growing need for packaging that not only protects the contents but also communicates brand identity effectively. Rotogravure printing, known for its ability to handle large print volumes and deliver consistent quality, aligns with the requirements of the booming e-commerce and consumer goods markets, leading to an uptick in the demand for rotogravure printing inks.

The globalization of markets has opened new avenues for businesses, leading to an expansion of manufacturing and distribution networks. Emerging economies, particularly in Asia-Pacific, are witnessing rapid industrialization, and this growth translates to increased demand for packaging solutions. The rotogravure printing process, capable of delivering high-quality prints at scale, is well-suited to meet the needs of industries in these burgeoning markets. Consequently, the expanding global footprint of businesses contributes significantly to the growth of the rotogravure printing ink market.

Product Innovation and Formulation

In the ever-evolving landscape of the printing industry, the Global Rotogravure Printing Ink Market stands out as a dynamic sector that thrives on innovation. At the heart of this evolution is the relentless pursuit of product innovation and formulation. A key driver in the quest for product innovation within the rotogravure printing ink market is the pressing need to address environmental concerns. As sustainability takes center stage across industries, manufacturers are investing heavily in the development of eco-friendly and sustainable ink solutions. Formulating inks that comply with stringent environmental regulations not only aligns with global initiatives but also opens new avenues for market expansion, as businesses increasingly seek environmentally conscious printing options.

The printing industry is subject to a myriad of regulations aimed at ensuring the safety of both products and the environment. Product innovation in the rotogravure printing ink market is directed towards formulating inks that not only meet but exceed regulatory standards. This commitment to compliance instills confidence in end-users, assuring them of the safety and reliability of the printing inks they use.

In an era where precision and efficiency are paramount, product innovation focuses on enhancing the overall performance of rotogravure printing inks. Manufacturers strive to develop inks that not only produce high-quality prints but also improve the speed and efficiency of the printing process. Formulations that offer excellent adhesion, quick drying times, and color vibrancy contribute to a seamless printing experience, thereby boosting the market's appeal to a wide range of industries.

The synergy between product innovation and technological advancements is a driving force behind the growth of the rotogravure printing ink market. As printing technologies continue to evolve, there is a corresponding need for inks that can keep pace. Innovations such as nanoparticle-based inks, UV-curable inks, and other cutting-edge formulations are making their mark, providing enhanced capabilities that align with the demands of modern printing machinery.

Technological Advancements in Printing

In the rapidly evolving realm of printing, technological advancements have become a driving force, propelling industries toward unprecedented heights. The Global Rotogravure Printing Ink Market is no exception, as it thrives on the cutting-edge innovations that redefine the possibilities of printing technology. One of the key contributions of technological advancements to the rotogravure printing ink market is the remarkable improvement in precision and detail. Advanced printing technologies, equipped with high-resolution capabilities, allow for the reproduction of intricate designs and fine details with unparalleled accuracy. As the demand for high-quality prints rises across industries, the rotogravure printing process, complemented by these technological enhancements, becomes an attractive solution for businesses seeking precision in their printed materials.

Technological advancements have significantly increased the speed and efficiency of the printing process. Modern rotogravure printing machinery incorporates automation, faster drying techniques, and optimized workflows, leading to a substantial increase in production rates. This enhanced efficiency not only meets the demands of a fast-paced market but also contributes to cost-effectiveness, making rotogravure printing a competitive choice for large-scale printing projects.

In the realm of printing, color accuracy and consistency are paramount. Technological advancements in color management systems have revolutionized the way colors are reproduced in the rotogravure printing process. With the ability to achieve precise color matching and consistency across print runs, rotogravure printing inks become the go-to choice for industries where maintaining brand colors and visual appeal are critical.

The integration of digital technologies with traditional printing processes has ushered in a new era for the printing industry. Hybrid printing solutions that combine digital and rotogravure printing offer a versatile approach to address diverse printing needs. This convergence opens up opportunities for the rotogravure printing ink market to adapt to the evolving preferences of businesses, providing a seamless blend of traditional quality and digital flexibility.

Increasing Globalization and Industrialization

The intersection of globalization and industrialization has not only reshaped the business landscape but has also sparked transformative growth in various industries. The Global Rotogravure Printing Ink Market stands as a testament to this phenomenon, leveraging the opportunities presented by increasing globalization and industrialization.

Globalization has dismantled geographical barriers, enabling businesses to tap into new markets worldwide. As industries become increasingly interconnected, the demand for high-quality printing solutions grows proportionally. The rotogravure printing process, renowned for its ability to produce intricate and vibrant prints, becomes a preferred choice for businesses seeking to make an impact on a global stage. The expanding markets, fueled by globalization, create new avenues for the growth of the rotogravure printing ink market.

The surge in industrialization, particularly in emerging economies, is a driving force behind the growing demand for packaging solutions. As manufacturing processes become more sophisticated and industries diversify, the need for advanced printing technologies rises. The rotogravure printing process, well-suited for handling large print volumes with consistent quality, aligns seamlessly with the packaging requirements of industrialized sectors. This symbiotic relationship between industrialization and packaging needs propels the adoption of rotogravure printing inks.

Asia-Pacific, in particular, has emerged as a hub for manufacturing and industrial activities. Countries like China and India are witnessing rapid industrialization, contributing significantly to the growth of their respective economies. This industrial boom translates into an increased demand for packaging materials, spurring the utilization of rotogravure printing inks. The rise of manufacturing hubs in the region plays a pivotal role in shaping the global landscape of the rotogravure printing ink market.

Globalization has given rise to multinational corporations with a presence in diverse markets. These brands often seek consistency in their packaging and promotional materials across different regions. The rotogravure printing process, with its ability to offer precise color matching and consistent quality, becomes an attractive choice for global brands aiming for a unified and professional appearance. This need for standardized printing solutions further propels the growth of the rotogravure printing ink market.

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Key Market Challenges

Environmental Regulations and Sustainability

One of the primary challenges facing the rotogravure printing ink market is the evolving landscape of environmental regulations. As global awareness regarding sustainability rises, there is increasing pressure on the industry to develop eco-friendly and non-toxic ink formulations. Compliance with stringent environmental standards requires significant investments in research and development, posing a challenge for manufacturers in meeting both regulatory requirements and consumer demands for sustainable products.

Competition from Digital Printing Technologies

The advent of digital printing technologies poses a significant challenge to traditional printing methods, including rotogravure. Digital printing offers advantages such as shorter print runs, customization, and quicker turnaround times. The rotogravure printing ink market faces the challenge of staying competitive in the face of the increasing adoption of digital alternatives, necessitating strategies to highlight the unique strengths of rotogravure in terms of quality and large-volume printing capabilities.

Key Market Trends

Increased Emphasis on Sustainability

Sustainability is taking center stage in the printing industry, and the rotogravure printing ink market is no exception. The upcoming trend involves a heightened emphasis on eco-friendly ink formulations. Manufacturers are expected to focus on developing inks that adhere to stringent environmental standards, incorporating bio-based and renewable materials, and reducing the environmental footprint of the printing process.

Digital Integration for Hybrid Printing

As digital printing technologies continue to advance, the rotogravure printing ink market is witnessing a trend towards hybrid printing solutions. The integration of digital and rotogravure printing allows for greater flexibility, customization, and efficiency. This trend caters to the evolving needs of businesses seeking a balance between the high-quality prints associated with rotogravure and the flexibility offered by digital alternatives.

Segmental Insights

Technology Insights

Based on the category of Technology, water-based technology is poised to dominate the Global Rotogravure Printing Ink Market for several compelling reasons. The country's robust packaging industry is a major driver of rotogravure ink demand. Similarly, India's growing economy and increasing urbanization are propelling the adoption of advanced printing technologies across various sectors. water-based inks align with the growing demand for sustainable packaging solutions. As consumers become increasingly conscious of environmental issues, brands are under pressure to adopt eco-friendly packaging practices. Water-based inks, with their minimal environmental impact and ability to adhere to a wide range of substrates, have emerged as an attractive choice for sustainable packaging applications. The shift towards water-based technology is not merely driven by environmental concerns but also by economic factors. While the initial investment in transitioning from solvent-based to water-based systems may seem daunting, the long-term cost savings can be substantial. Water-based inks typically require less maintenance, offer improved print efficiency, and reduce waste, resulting in overall lower production costs..

Resin Type Insights

Nitrocellulose is set to dominate the Global Rotogravure Printing Ink Market as the preferred resin type for various compelling reasons. Firstly, its exceptional film-forming properties contribute to the creation of robust and flexible ink films, ensuring durability and resistance to wear and tear. Nitrocellulose-based inks also exhibit rapid drying characteristics, making them ideal for high-speed rotogravure printing processes and enabling increased production efficiency. Moreover, the resin type facilitates vibrant color development and excellent adhesion to diverse substrates, enhancing the overall print quality. As environmental concerns continue to drive industry practices, nitrocellulose stands out for its sustainable attributes, as it can be derived from renewable resources. This combination of performance, efficiency, and environmental sustainability positions nitrocellulose as the dominant resin type in the global rotogravure printing ink market, meeting the evolving needs of businesses and aligning with the broader industry trends.

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Regional Insights

The Asia-Pacific market is anticipated to experience substantial growth in the rotogravure printing ink sector in the coming years, primarily propelled by the burgeoning lamination and food packaging industries in the region. The increased demand for processed and canned foods in emerging economies like China and India is a key factor contributing to this growth trajectory. Moreover, the rise in disposable income is driving the demand for personalized interior design, particularly with customized wallpapers, further fostering market expansion. Additionally, the Asia-Pacific region has witnessed unprecedented growth in the flexible packaging market in recent years, and this trend is expected to persist in the foreseeable future. China and India, in particular, are driving this growth, supported by the flourishing food and beverage industry. The escalating demand for packaged food, coupled with the expanding purchasing power of consumers, is poised to stimulate the need for flexible packaging, presenting significant opportunities for the rotogravure printing ink market to thrive in the forecast period. Meanwhile, Europe is projected to remain a key regional market, driven by its environmentally friendly practices and the escalating demand in the commercial printing sector.

Recent Developments

• In November 2023, Südpack announced the expansion of its SPQ (sustainable print quality) technology to incorporate rotogravure printing, a method of engraving images onto packaging. This advancement aims to decrease ink and solvent usage while enhancing print quality. Südpack claims that its existing line of technologies already contributes to potential carbon savings in package printing.

Key Market Players

• Flint Group
• DIC Corp.
• TOYO INK SC HOLDINGS CO., LTD.
• Dainichiseika Color & Chemicals Mfg. Co., Ltd.
• Sakata INX Corp
• T&K TOKA CO., LTD.
• Tokyo Printing Ink Manufacturing Co.Ltd.
• Siegwerk Druckfarben AG & Co. KGaA,
• Hubergroup Deutschland GmbH
• Wikoff Color Corp

Report Scope:

In this report, the Global Rotogravure Printing Ink Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

• Rotogravure Printing Ink Market, By Technology:

o   Solvent-Based

o   Water-Based

o   Others

• Rotogravure Printing Ink Market, By Resin Type:

o   Nitrocellulose

o   Polyamide

o   Polyurethane

o   Acrylic

o   Others

• Rotogravure Printing Ink Market, By Colorants:

o   Pigments Based

o   Dyestuff Based

• Rotogravure Printing Ink Market, By Viscosity of Ink:

o   Liquid Inks

o   Screening Inks

o   Paste Inks

• Rotogravure Printing Ink Market, By Application:

o   Packaging

o   Publication

o   Product

o   Promotion

• Rotogravure Printing Ink Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Europe

§  Germany

§  United Kingdom

§  France

§  Italy

§  Spain

o   Asia-Pacific

§  China

§  Japan

§  India

§  Australia

§  South Korea

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

§  Kuwait

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Rotogravure Printing Ink Market.

Available Customizations:

Global Rotogravure Printing Ink market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

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