Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 2.16 Billion | USD 3.14 Billion | 3.82% | 2024 |
The global rotogravure printing machine market size was worth around USD 2.16 Billion in 2024 and is predicted to grow to around USD 3.14 Billion by 2034 with a compound annual growth rate (CAGR) of roughly 3.82% between 2025 and 2034. The report analyzes the global rotogravure printing machine market's drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the rotogravure printing machine industry.
The report analyzes the market’s drivers, opportunities, and the effect they have on the demands during the projection period.
The rotogravure printing machine is a high-speed intaglio system, particularly used for printing the packaging content of the products. The intaglio printing process is executed with the help of engraved rotating cylinders. This printing machine is ideally used for printing purposes on packaging stuff like soap wrappers, confectionery wrappers, polythene packets, food pouches, and other packaging materials. These machines can effectively be used in printing high-volume posters, greeting cards, magazines, and other advertisement banners. Such machines can be categorized into different categories on the basis of drying sources like thermal fluid, electrical, and gas sources. Moreover, these machines make use of a wide number of ink types for printing like radiation ink, water-ink, and solvent ink.
A surge in consumption of packed food & beverages will drive market growth
There is a growing trend among consumers all across the globe to consume flavored and packed food and beverages, which has significantly led to the spike in demand for the rotogravure printing machine. However, the fast-paced and hectic lifestyle of people is further inducing customers to incline toward the package products. The growing number of supermarkets and hypermarkets is inducing more sales of packaged foods and beverages globally. The low operation cost, high image quality, less labor involvement, and high speed are some of the key advantages of such a printing machine which will further complement the growth prospects. The growing requirement for product advertisement is another primary reason augmenting the demand for the product and thereby increasing the market volume and size. Also, the growing awareness among retailers regarding brand loyalty and positioning in the market is likely to further increase the demand for machines because of intensive marketing campaigns adopted by these retailers.
The high cost of machines is likely to restrain the growth of the global market.
The rotogravure printing machine is quite expensive when compared to the other ones, which is likely to hamper the growth of the global rotogravure printing machine market. Due to its high price, many end-users adopt cheaper alternatives available in the market.
New product launches create lucrative growth opportunities in the global market.
The growing sustainability and advanced productivity in the field of rotogravure printing led to the innovation of technologically advanced printing machines. Therefore, different companies are coming up with innovative printing machines to overcome the underlying challenges and drawbacks of traditional machines. This advanced machine can be easily employed for different applications like printing on foil papers, cardboards, etc. These technologically advanced machines are also used in the photography and fine art sector owing to their high-density range.
The lack of skilled professionals is a huge challenge in the global market
Technologically advanced machines require skilled laborers to operate them efficiently. But the lack of such professional and skilled laborers is a huge challenge in the global market.
The global rotogravure printing machine market can be segmented into ink type, application, drying source, and region.
By ink type, the market can be segmented into radiation ink, solvent-based ink, and water ink. By application, the market can be segmented into consumer goods, pharmaceuticals, food & beverages, and others.
By drying sources, the market can be segmented into thermal fluid, electrical, and gas.
Report Attributes | Report Details |
---|---|
Report Name | Rotogravure Printing Machine Market |
Market Size in 2024 | USD 2.16 Billion |
Market Forecast in 2034 | USD 3.14 Billion |
Growth Rate | CAGR of 3.82% |
Number of Pages | 180 |
Key Companies Covered | Cerutti Group, Bobst, Comexi Group Industries, Uteco, Hsing Wei, Toshiba Machine, Huitong, DCM ATN, Sotech, Star Flex, and others. |
Segments Covered | By Machine Type, By Application, By Printing Width, By Automation Type, By End-User Industry, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, The Middle East and Africa (MEA) |
Base Year | 2024 |
Historical Year | 2020 to 2024 |
Forecast Year | 2025 to 2034 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Recent Developments
Bobst in September 2019 introduced a new rotogravure printing machine NOVA RS 5003. It also utilizes a twin flow dryers technology for facilitating fast printing by accruing high energy savings and reduced noise. This printing machine utilizes water or solvent-based ink for printing different flexible packaging materials.
Europe to hold the largest share in the global market.
Europe is a leading region in the global rotogravure printing machine market due to the growing consumption of packed food items in the region. Furthermore, the transforming lifestyle is also inducing consumers to adopt packed food and beverages. Also, the presence of prominent market leaders in the region is another crucial reason for complementing the growth of the regional market in the forthcoming years.
The report provides a company market share analysis to give a broader overview of the key market players. In addition, the report also covers key strategic developments of the market, including acquisitions & mergers, new product launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the rotogravure printing machine market on a global and regional basis.
The global rotogravure printing machine market is dominated by players like:
The global rotogravure printing machine market is segmented as follows;
By Machine Type
By Application
By Printing Width
By Automation Type
By End-User Industry
By Region
FrequentlyAsked Questions
The global rotogravure printing machine market is expected to grow due to increasing demand for high-quality and large-volume printing in the packaging and publishing sectors, the growing preference for flexible packaging solutions, the expansion of the e-commerce sector necessitating appealing packaging, and technological adva.
According to a study, the global rotogravure printing machine market size was worth around USD 2.16 Billion in 2024 and is expected to reach USD 3.14 Billion by 2034.
The global rotogravure printing machine market is expected to grow at a CAGR of 3.82% during the forecast period.
Asia-Pacific is expected to dominate the rotogravure printing machine market over the forecast period.
Leading players in the global rotogravure printing machine market include Cerutti Group, Bobst, Comexi Group Industries, Uteco, Hsing Wei, Toshiba Machine, Huitong, DCM ATN, Sotech, Star Flex, among others.
The report explores crucial aspects of the rotogravure printing machine market, including a detailed discussion of existing growth factors and restraints, while also examining future growth opportunities and challenges that impact the market.
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