Rotogravure Printing Machine Market - Forecasts from 2019 to 2024

Global rotogravure printing machine market is expected to grow at a compound annual growth rate of 2.91% to reach a market size of US$2,032.573 million by 2024 from US$1,711.200 million in 2018. Growing packaging industry is expected to be a key factor driving the market. Further, consumer attractiveness towards branded products is anticipated to boost the market for rotogravure printing machine. Asia pacific region is projected to hold a significant market share owing to the growing print industry in countries like India. Europe is also expected to be a prominent region. Additionally, features like high speed and efficient cost are expected to support market growth of rotogravure printing machines. However, presence of substitute printing machines is expected to hinder the market growth.

Drivers

Growing packaging industry.

Increasing consumption of ready to eat items.

Restraints

Presence of substitute machines.

The major players profiled in the rotogravure printing machine market include Jiangyin Lida Printing & Packaging Machinery Co. Ltd., BOBST, and Uteco Converting S.p.A, among others.

Segmentation

The rotogravure printing machine market has been analyzed through the following
segments:

By Automation

Manual rotogravure printing machine
Automatic rotogravure printing machine

By Application

Packaging Labels
Publishing

By Geography

North America
USA
Canada
Mexico
Others

South America
Brazil
Argentina
Others

Europe
Germany
France
United Kingdom
Spain
Others

Middle East and Africa
Saudi Arabia
Israel
Others

Asia Pacific
China
Japan
South Korea
India
Others