Global Rotogravure Printing Machine Market Analysis & Outlook 2030

The global Rotogravure printing machine market is estimated to be USD 2.3 million in 2021 and is further anticipated to expand at a CAGR of 3% over the period 2022-2030. Rotogravure printing machine refers to a high-speed gravure printing system for printing on product packaging. The gravure printing process is carried out by engraved rotating cylinders. Gravure printing machines are usually used to print on packaging items such as food bags, polyethylene packaging, candy wrappers, soap wrappers and other similar packaging materials. Gravure printing machines are used for mass printing, such as advertising posters such as magazines, greeting cards, and posters. According to the drying source, the gravure printing machine is divided into many types such as gas, electric current, and heat. Gravure printing machines use different types of inks for printing, such as solvent inks, water, and radiation.

COVID-19 scenario analysis:
The demand for gravure printing presses is expected to decline in 2020 due to the governments lockdown and low-cost COVID-19 pandemic that has disrupted the production of various products on the printing press. Gravure printing is mainly due to prolonged clogging in major countries in the world. Since the past few months, this has severely hindered the growth of the gravure printing press market, as it may continue into 2020. COVID-19 has affected the sales of equipment and machinery in the first quarter of 2020, and may have a negative impact on the market. Full-year growth. Prior to this, major manufacturing countries such as the United States, Germany, Italy, the United Kingdom, and China demanded equipment and machinery. With the increase, these countries have been severely affected by the spread of the coronavirus, which has stopped the demand for equipment and machinery. In addition, the potential impact of the blockade is currently unclear, and the financial recovery of companies depends entirely on their cash reserves. Equipment and machinery companies can only withstand a total blockade for a few months, after which players will have to modify their investment plans. Equipment and machinery manufacturers should focus on protecting their labor, operations, and supply chains to deal with the immediate crisis and find new COVID-19 infection cases after the decline in the work style.

The highest influencing factors:
 Market scenario analysis, trends, driving factors And impact analysis increases the consumption of packaged food and beverages in various regions. It has created the packaging industrys demand for gravure printing presses, which in turn has become the main growth engine of the gravure printing press market. High speed, high image quality printing, low operating costs and lower labor participation are some of the key advantages of gravure printing presses to promote the growth of the gravure printing press market. The increasing publicity of products is expected to promote the development of the gravure printing press market.

In addition, the increased awareness of retail companies to establish brand image among customers through banners and posters is expected to promote the development of the gravure printing press market. Due to the high speed and high image quality of gravure printing presses, the increase in magazine output is expected to generate market demand for gravure printing presses. North America is considered to have the largest market share in the gravure printing press market, followed by Europe. However, alternatives such as flexographic printing will hinder the growth of the gravure printing press market. printer.

In September 2019, one of the plants of BOBST, a global leader in gravure printing presses, launched the new NOVA RS 5003 gravure press. The NOVA RS 5003 gravure printing machine uses water-based or solvent-based inks to print various flexible packaging materials. The product uses dual-flow drying technology for high-speed printing to ensure maximum energy saving and low noise. High-demand form applications: Gravure printing machines are used for various applications, such as cardboard printing, aluminum foil, and business magazine printing. , Advertising banners and packaging materials. The gravure printing machine is also used in the field of fine arts and photography due to its large printing density range.

In addition, the gravure printing machine has a strong ability to print films and can print a variety of substrates, such as BOPP, polyester, polyethylene, etc. Gravure printing machines are widely used in the packaging industry and food manufacturing industry to print food logos, brands, labels and other details. In addition, gravure printing presses are used to print newspaper supplements, books and calendars in multiple colors and in large quantities.

 

Geography Analysis:

The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

• North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
• Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
• Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys  & Opportunity Outlook
• Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
• Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook

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