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Global Gravure Printing Inks Market 2019-2023| Advantages of Gravure Printing to Boost Growth| Technavio

September 10, 2019
Global Gravure Printing Inks Market 2019-2023| Advantages of Gravure Printing to Boost Growth| Technavio
Global Gravure Printing Inks Market 2019-2023| Advantages of Gravure Printing to Boost Growth| Technavio

LONDON--(BUSINESS WIRE)--Sep 10, 2019--

The global gravure printing inks market size is poised to reach USD 1 billion by 2023, according to a new report by Technavio, progressing at a CAGR of almost 4% during the forecast period.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190910005663/en/

Technavio has published a new market research report on the global gravure printing inks market from 2019-2023. (Graphic: Business Wire)

“Apart from the use of gravure printing inks in the publication and furniture industry, they are also being used in the packaging industry. This is because they have high retention properties and are resistant to abrasion and moisture. In addition, these inks have robust colors which make the packaging prints brighter and more attractive. These inks can also be applied to paper, plastic, or aluminum foil. Therefore, such advantages of gravure printing will drive market growth during the forecast period,” says a senior analyst at Technavio. Request Free Sample Pages

The market is driven by the advantages of gravure printing. In addition, growth of furniture industry is anticipated to further boost the gravure printing inks market during the forecast period.

Gravure printing has a longer press run time and is thus used for printing large volume of prints with high quality and at high printing speeds. Although the initial printing cylinder set up cost is high, these cylinders are extremely durable and thus require minimum maintenance throughout their operational life. In addition, gravure printing is best suited for porous substrates, which creates detailed prints on applications, such as magazine covers. Therefore, the advantages of gravure printing have increased its demand in different applications, including publications, laminates, and wallpaper printing. This is expected to further drive the market for gravure printing inks over the forecast period.

In the furniture industry, gravure printing inks are used to print laminates of RTA furniture. Moreover, as gravure inks dry quickly and maintain consistence in texture and print quality, they help improve furnishing details and maintain the excellent finishing quality in furniture. In addition, the abrasion resistant properties of these inks maintain the shine on the furniture for a longer duration. The modern furniture industry is growing rapidly with increasing emphasis on home décor solutions. Therefore, the growth of the furniture industry is expected to drive the market for gravure painting inks during the forecast period.

For More Information: Request Free Sample Pages

The report includes detailed profiles of the leading companies & prominent vendors of the market:

Market Segmentation by Category and Product Types:

The Gravure Printing Inks Market can be broadly categorized into the following applications:

Key Regions for the Gravure Printing Inks Market:

Featuring a breakdown of region wise market shares until 2019.

Some of the key topics covered in the report include:

Market Landscape

Market Sizing

Vendor Landscape

Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more.Request a free sample report

Related Reports on Materials Market are:

Seam Tapes Market – Global Seam Tapes Market by material (PU and PVC) and geography (APAC, Europe, MEA, North America, and South America).

Ready-mix Concrete Market – Global Ready-mix Concrete Market by application (non-residential and residential) and geography (APAC, Europe, MEA, North America, and South America).

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team at media@technavio.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190910005663/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

www.technavio.com

KEYWORD:

INDUSTRY KEYWORD: CHEMICALS/PLASTICS OTHER MANUFACTURING MANUFACTURING

SOURCE: Technavio Research

Copyright Business Wire 2019.

PUB: 09/10/2019 09:03 AM/DISC: 09/10/2019 09:03 AM

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