Gravure Printing Inks Market is anticipated to reach US$2.6 bn in 2024, expanding at a CAGR of 3.98%

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Research
Gravure Printing Inks Market - Global Industry
Analysis, Size, Share, Growth, Trends, and Forecast
2016 - 2024
Published Date
06-Sept-2016
167 Page Report
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Press Release
Latin America to Surpass Asia Pacific to become Leading
Regional Market for Gravure Printing Inks, predicts TMR
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Gravure Printing Inks Market
REPORT DESCRIPTION
Gravure Printing Inks Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast
2016 - 2024
The global gravure printing inks market is immensely fragmented, finds Transparency Market Research, and
the top six companies cumulatively accounted for a share of over 75% in 2015. The production and market
revenue of these players – Sun Chemical Group, Flint Group, Toyo Ink Mfg. Co. Ltd., Sakata INX, Siegwerk
Druckfarben AG & Co. KGaA, and Huber Group – have been adversely impacted due to various economic and
technological developments in the past few years. However, TMR predicts that these vendors are likely to
witness moderate growth during the forecast period.
Increasing their focus on R&D activities, expansion toward digital printing inks, and inorganic expansions are
some of the leading strategies adopted by players in the gravure printing inks market. Toyo Printing Ink’s
launch of Zipcure, an energy-saving UV ink, and Sun Chemical’s acquisition of Druckfarben Hellas are recent
examples of these strategies.
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The opportunity presented by the global gravure printing ink market is expected to be worth US$2.6 bn by
2024, states TMR, rising from US$1.8 bn in 2015 at a 3.98% CAGR therein. In terms of volume, the market is
expected to register a CAGR of 3.4% from 2016 to 2024.
Demand for Gravure Printing Inks Soars in Packaging Industry
On the basis of product type, solvent-based gravure printing ink led the overall market with a revenue of just
over US$1.0 bn in 2015. However, water-based inks are anticipated to witness an accelerated growth of 5.0%
during the forecast period. By application, the packaging industry led the gravure printing inks market in 2015
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on account of rising industrialization in several developing nations. The publication industry, on the other hand,
is witnessing a significant slump owing to the surging demand for e-books and e-papers.
Geographically, Asia Pacific is the leading producer of gravure printing inks and in 2015, the region held almost
40% of the global revenue. The market is estimated to register a modest growth of 3.98% during the forecast
period. “Although Asia Pacific presently leads the overall gravure printing inks market, it is estimated to lose its
dominant position to Latin America in the next eight years,” the lead analyst predicts. This will significantly
change the dynamics of the global gravure printing inks market.
Surge in GDP of Developing Countries Acts as Growth Booster
“Over recent years, there has been a considerable improvement in the GDP of many developing countries and
this has resulted in a major industrial revolution. The packaging and publication industries have received an
impetus following this revolution and as a result, the demand for various raw materials has soared,” the TMR
analyst states. Gravure printing is the most preferred printing process in the packaging industry owing to its
ability to print on thin films such as OPP, polyester, PE, and nylon. This has led to a considerable rise in the
demand for gravure printing inks.
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Growth of e-Commerce a Major Roadblock
The growing application of flexographic printing has emerged as a major threat to the growth of the global
gravure printing inks market. Flexographic printing is past replacing conventional gravure printing owing to its
lower requirement for manpower, reduced ink consumption, and faster changeovers. “Several countries in
North America and Europe have been witnessing this transition in the recent past and this is negatively
impacting the market in these regions,” the author observes.
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The proliferation of e-commerce is another restraint to the gravure printing inks market as it has considerably
reduced paper-based communications. The popularity of e-books and e-papers has soared across the globe,
acting as a key deterrent.
This review is based on the findings of a TMR report titled “Gravure Printing Inks Market - Global Industry
Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024.”
Gravure Printing Market: By Product
•
Solvent-based Gravure Printing Inks
•
Water-based Gravure Printing Inks
Gravure printing ink Market: By Application
•
Food Packaging
•
Wall Papers
•
Wrapping Paper
•
Furniture Laminates
•
Greeting Cards
•
Magazines
•
Newspaper
•
Other
Gravure printing ink Market: By Region
North America
•
The U.S.
•
Canada
Europe
•
The U.K.
•
France
•
Germany
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Gravure Printing Inks Market
•
Spain
•
Italy
•
Rest of Europe
Asia Pacific
•
China
•
Japan
•
India
•
ASEAN
•
Rest of Asia Pacific
Middle East & Africa
•
GCC
•
Egypt
•
South Africa
•
Rest of Middle East and Africa
Latin America
•
Brazil
•
Mexico
•
Rest of Latin America
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TABLE OF CONTENT
1. Preface
1.1 Report Scope and Market Segmentation
1.2 Research Highlights
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1.3 Research Objectives
1.4 Key Questions Answered
2. Assumptions and Research Methodology
2.1 Report Assumptions
2.2 Abbreviations Used
2.3 Research Methodology
3. Executive Summary
3.1 Global Gravure Printing Ink Market Size, by Market Value (US$ Mn) and Market Value Share, by Region
3.2 Key Trends
4. Market Overview
4.1 Product Overview
4.2 Market Indicators: Global Printing Ink
4.3 Drivers, Restraints & Opportunities
4.4 Global Gravure Printing Ink Market Analysis and Forecasts, 2016 – 2024
4.5 Global Gravure Printing Ink Demand-Supply & Price Trend Analysis and Forecasts, 2014 – 2024
4.6 Porter’s Five Force Analysis
4.7 Value Chain Analysis
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4.8 Printing Ink Binder/Resins Analysis – ASEAN Region, 2015 – 2024
5. Global Gravure Printing Ink Market Analysis and Forecasts, by Product Type
5.1 Key Findings
5.2 Introduction
5.3 Key Trends
5.4 Market Size (US$ Mn) (Kilo Tons) Forecast By Product
5.4.1 Solvent-based Gravure Printing Ink
5.4.2 Water-based Gravure Printing Ink
5.5 Product Comparison Matrix
5.6 Market Attractiveness Analysis by Product Type
6. Global Gravure Printing Ink Market Analysis, by Application
6.1 Key Findings
5.2 Introduction
5.3 Key Trends
5.4 Market Size (US$ Mn) (Kilo Tons) Forecast By Product
6.4.1 Food Packaging
6.4.2 Wallpapers
6.4.3 Wrapping Paper
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6.4.4 Furniture Laminates
6.4.5 Greeting Cards
6.4.6 Magazines
6.4.7 Newspaper
6.4.8 Other
6.4.2 Water-based Gravure Printing Ink
5.5 Application Comparison Matrix
5.6 Market Attractiveness Analysis by Application
7. Global Gravure Printing Ink Market Analysis, by Region
7.1 Global Regulatory Scenario
7.2 Gravure Printing Ink Market Forecast by Region
7.3 Price Trend Analysis
7.4 Market Attractiveness Analysis, by Region
8. North America Gravure Printing Ink Market Analysis
8.1 Key Findings
8.2 North America Gravure Printing Ink Market Overview
8.3 North America Market Value Share Analysis, by Product
8.4 North America Market Value Share Analysis, by Application
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8.5 North America Market Value Share Analysis, by Country
8.5.1 The U.S. Gravure Printing Ink Market Analysis
8.5.2 Canada Gravure Printing Ink Market Analysis
8.6 North America Market Attractiveness Analysis
8.6.1 By Product
8.6.2 By Technology
8.6.3 By Application
8.7 North America Market Trends
9. Europe Gravure Printing Ink Market Analysis
9.1 Key Findings
9.2 Europe Gravure Printing Ink Market Overview
9.3 Europe Market Value Share Analysis, by Product
9.4 Europe Market Value Share Analysis, by Application
9.5 Europe Market Value Share Analysis, by Country
9.5.1 The U.K. Gravure Printing Ink Market Analysis
9.5.2 France Gravure Printing Ink Market Analysis
9.5.3 Germany Gravure Printing Ink Market Analysis
9.5.4 Spain Gravure Printing Ink Market Analysis
9.5.5 Italy Gravure Printing Ink Market Analysis
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9.5.6 Rest of Europe Gravure Printing Ink Market Analysis
9.6 Europe Market Attractiveness Analysis
9.6.1 By Product
9.6.3 By Application
9.7 Europe Market Trends
10. Asia Pacific Gravure Printing Ink Market Analysis
10.1 Key Findings
10.2 Asia Pacific Gravure Printing Ink Market Overview
10.3 Asia Pacific Market Value Share Analysis, by Product
10.4 Asia Pacific Market Value Share Analysis, by Application
10.5 Asia Pacific Market Value Share Analysis, by Country
10.5.1 China Gravure Printing Ink Market Analysis
10.5.2 Japan Gravure Printing Ink Market Analysis
10.5.3 India Gravure Printing Ink Market Analysis
10.5.4 ASEAN Gravure Printing Ink Market Analysis
10.5.5 Rest of Asia Pacific Gravure Printing Ink Market Analysis
10.6 Asia Pacific Market Attractiveness Analysis
10.6.1 By Product
10.6.3 By Application
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10.7 Asia Pacific Market Trends
11. Middle East & Africa (MEA) Gravure Printing Ink Market Analysis
11.1 Key Findings
11.2 Middle East & Africa (MEA) Gravure Printing Ink Market Overview
11.3 Middle East & Africa (MEA) Market Value Share Analysis, by Product
11.4 Middle East & Africa (MEA) Market Value Share Analysis, by Application
11.5 Middle East & Africa (MEA) Market Value Share Analysis, by Country
11.5.1 GCC Gravure Printing Ink Market Analysis
11.5.2 Egypt Gravure Printing Ink Market Analysis
11.5.3 South Africa Gravure Printing Ink Market Analysis
11.5.4 Rest of Middle East & Africa (MEA) Gravure Printing Ink Market Analysis
11.6 Middle East & Africa (MEA) Market Attractiveness Analysis
11.6.1 By Product
11.6.3 By Application
11.7 Middle East & Africa (MEA) Market Trends
12. Latin America Gravure Printing Ink Market Analysis
12.1 Key Findings
12.2 Latin America Gravure Printing Ink Market Overview
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12.3 Latin America Market Value Share Analysis, by Product
12.4 Latin America Market Value Share Analysis, by Application
12.5 Latin America Market Value Share Analysis, by Country
12.5.1 Brazil Gravure Printing Ink Market Analysis
12.5.2 Mexico Gravure Printing Ink Market Analysis
12.5.3 Rest of Latin America Gravure Printing Ink Market Analysis
12.6 Latin America Market Attractiveness Analysis
11.6.1 By Product
11.6.3 By Application
12.7 Latin America Market Trends
13. Company Profile
13.1 Gravure Printing Ink Market Share Analysis by Company (2015)
13.2 Competition Matrix
13.3 Key Players
13.3.1 Tokyo Printing Ink Mfg. Co. Ltd.
13.3.1.1 Company Overview
13.3.1.2 Financial Overview
13.3.1.3 Business Strategy
13.3.1.4 SWOT Analysis
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13.3.1.5 Recent Developments
13.3.2 Dainichiseika Color & Chemicals Mfg. Co., Ltd.
13.3.2.1 Company Overview
13.3.2.2 Financial Overview
13.3.2.3 Business Strategy
13.3.2.4 SWOT Analysis
13.3.2.5 Recent Developments
13.3.3 Sun Chemical Corporation
13.3.3.1 Company Overview
13.3.3.2 Financial Overview
13.3.3.3 Business Strategy
13.3.3.4 SWOT Analysis
13.3.3.5 Recent Developments
13.3.4 Flint Group
13.3.4.1 Company Overview
13.3.4.2 Financial Overview
13.3.4.3 Business Strategy
13.3.4.4 SWOT Analysis
13.3.4.5 Recent Developments
13.3.5 Toyo Ink SC Holdings Co., Ltd.
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13.3.5.1 Company Overview
13.3.5.2 Financial Overview
13.3.5.3 Business Strategy
13.3.5.4 SWOT Analysis
13.3.5.5 Recent Developments
13.3.6 Lawter Inc.
13.3.6.1 Company Overview
13.3.6.2 Financial Overview
13.3.6.3 Business Strategy
13.3.6.4 SWOT Analysis
13.3.6.5 Recent Developments
13.3.7 Yansefu Inks and Coatings Pvt. Ltd.
13.3.7.1 Company Overview
13.3.7.2 Financial Overview
13.3.7.3 Business Strategy
13.3.7.4 SWOT Analysis
13.3.7.5 Recent Developments
13.3.8 Siegwerk Druckfarben AG & Co. KGaA
13.3.8.1 Company Overview
13.3.8.2 Financial Overview
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13.3.8.3 Business Strategy
13.3.8.4 SWOT Analysis
13.3.8.5 Recent Developments
13.3.9 Sakata INX Corporation
13.3.9.1 Company Overview
13.3.9.2 Financial Overview
13.3.9.3 Business Strategy
13.3.9.4 SWOT Analysis
13.3.9.5 Recent Developments
13.3.10 Huber Group
13.3.10.1 Company Overview
13.3.10.2 Financial Overview
13.3.10.3 Business Strategy
13.3.10.4 SWOT Analysis
13.3.10.5 Recent Developments
13.3.11 Zeller+Gmelin GmbH & Co. KG
13.3.11.1 Company Overview
13.3.11.2 Financial Overview
13.3.11.3 Business Strategy
13.3.11.4 SWOT Analysis
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13.3.11.5 Recent Developments
13.3.12 ALTANA AG
13.3.12.1 Company Overview
13.3.12.2 Financial Overview
13.3.12.3 Business Strategy
13.3.12.4 SWOT Analysis
13.3.12.5 Recent Developments
13.3.13 Wikoff Color Corporation
13.3.13.1 Company Overview
13.3.13.2 Financial Overview
13.3.13.3 Business Strategy
13.3.13.4 SWOT Analysis
13.3.13.5 Recent Developments
13.3.14 SICPA Holding SA
13.3.14.1 Company Overview
13.3.14.2 Financial Overview
13.3.14.3 Business Strategy
13.3.14.4 SWOT Analysis
13.3.14.5 Recent Developments
13.3.15 Fujifilm Sericol India Private Limited
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13.3.15.1 Company Overview
13.3.15.2 Financial Overview
13.3.15.3 Business Strategy
13.3.15.4 SWOT Analysis
13.3.15.5 Recent Developments
13.3.16 Royal Dutch Printing Ink Factories Van Son
13.3.16.1 Company Overview
13.3.16.2 Financial Overview
13.3.16.3 Business Strategy
13.3.16.4 SWOT Analysis
13.3.16.5 Recent Developments
13.3.17 T&K TOKA CO., LTD
13.3.17.1 Company Overview
13.3.17.2 Financial Overview
13.3.17.3 Business Strategy
13.3.17.4 SWOT Analysis
13.3.17.5 Recent Developments
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Gravure Printing Inks Market
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This review is based on the findings of a TMR report titled “Gravure Printing Inks Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024.” The opportunity presented by the global gravure printing ink market is expected to be worth US$2.6 bn by 2024, states TMR, rising from US$1.8 bn in 2015 at a 3.98% CAGR therein. In terms of volume, the market is expected to register a CAGR of 3.4% from 2016 to 2024.