Rotogravure Printing Machine Market Size, Share, COVID-19 Impact, And Trends By Automation (Manual And Automatic Rotogravure Printing Machine), By Application (Packaging Labels, Publishing), And By Geography - Forecasts From 2019 To 2024

The 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. The 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 machines. 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 the market growth of rotogravure printing machines. However, the presence of substitute printing machines is expected to hinder 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.

Rotogravure Printing Machine Market Scope:

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

Frequently Asked Questions (FAQs)

Q1. What will be the rotogravure printing machine market size by 2024?
A1. The global rotogravure printing machine market is expected to reach a total market size of US$2,032.573 million in 2024.

Q2. What are the growth prospects for the rotogravure printing machine market?
A2. The rotogravure printing machine market is expected to grow at a CAGR of 2.91% over the forecast period.

Q3. What is the size of the global rotogravure printing machine market?
A3. Rotogravure Printing Machine Market was valued at US$1,711.200 million in 2018.

Q4. What factors are anticipated to drive rotogravure printing machine market growth?
A4. The growing packaging industry is expected to be a key factor driving the rotogravure printing machine market.

Q5. Which region holds the largest market share in the rotogravure printing machine market?
A5. Asia Pacific region is projected to hold a significant share in the rotogravure printing machine market owing to the growing print industry in countries like India.