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.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.

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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.

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

• Dainichiseika Color & Chemicals Mfg Co. Ltd.
• DIC Corp.
• Flint Group
• InkTec Co. Ltd.
• SAKATA INX Corp.
• Siegwerk Druckfarben AG & Co. KGaA
• T&K TOKA Co. Ltd.
• Tokyo Printing Ink Mfg Co.Ltd.
• Toyo Ink SC Holdings Co. Ltd.
• Wikoff Color Corp

Market Segmentation by Category and Product Types:

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

• Packaging
• Publication
• Furniture
• Others

Key Regions for the Gravure Printing Inks Market:

Featuring a breakdown of region wise market shares until 2019.

• North America
• Europe
• APAC
• South America
• MEA

Some of the key topics covered in the report include:

Market Landscape

• Market ecosystem
• Market characteristics
• Market segmentation analysis

Market Sizing

• Market definition
• Market size and forecast

Vendor Landscape

• Vendors covered
• Vendor classification
• Market positioning of vendors
• Competitive scenario

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