Gravure Printing Inks Market - Global Industry
Analysis, Size, Share, Growth, Trends, and Forecast
2016 - 2024
167 Page Report
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
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...