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.
Growing packaging industry.
Increasing consumption of ready to eat items.
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.
The rotogravure printing machine market has been analyzed through the following
Manual rotogravure printing machine
Automatic rotogravure printing machine
Middle East and Africa