In the coming years, the Middle East and Africa is expected to emerge as the most lucrative market for rotogravure printing machines, exhibiting growth at the highest pace.
Albany, NY -- (SBWIRE) -- 02/01/2018 -- In recent years, printing equipment and machinery have brought essential value to the overall packaging market by enabling packaging manufacturers to supply packaging systems with print capabilities. Presently, rotogravure printing machine is gaining huge momentum, due to its important features such as speed efficiency, low labor cost and easy to operate. Market Research Hub (MRH) has freshly broadcasted a study based on the global demand for these machines, which is titled as "Rotogravure Printing Machine Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017-2025". This is a 325-page study which presents a complete perspective on global rotogravure printing machine market's evolution throughout the above-mentioned forecast period in terms of revenue (in US$ Mn). The readers will also gain access to vital information regarding current trends and future propositions of the market.
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Rotogravure printing machine is a high-speed printing machine which is used for printing constantly on films of different densities while maintaining consistency and accuracy. The report finds that the demand for rotogravure machines has increased steady growth over the past few decades, chiefly owing to the changing lifestyles of the global population. The fast-paced lifestyles of urban residents have compelled them to switch to organized retail outlets such as supermarkets and hypermarkets, thereby giving a boost to the Rotogravure printing machine market.
For a clear understanding of the market, the geographical segmentation is also included in the report which analyzes the scope of the market in different regions including North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Analysts predict that there has been steady growth in the market in developed regions through 2025. According to the study evaluations, the global rotogravure printing machine market projected to expand at a CAGR of 3.5% during the forecast period 2017-2025, rising to a valuation of US$2,208.55 mn by 2025.
Moreover, the market has been analyzed on the basis of number of colors, automation mode, drying Source, substrate, ink and end Use. One of the most important segment is end-user, which includes publishing and packaging industry. The packaging industry covers food & beverages, consumer goods, pharmaceuticals, industrial and others. Of these, the food industry is expected to dominate the market throughout the forecast period. On the basis of automation mode, the rotogravure printing machine market is further segmented into automatic & manual rotogravure printing machine. Among these, the manual rotogravure printing machines are likely to grasp the dominant share of 50.7% in the market in 2017.
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In terms of geography, APAC is expected to surpass the Europe rotogravure printing machine market and dominate the global market by the end of forecast period, in terms of both value and volume.
This global rotogravure printing machine market report also provides vital information on the leading players in the market such as HYPLAS MACHINERY CO LTD, J M Heaford Ltd, QUEEN'S MACHINERY CO., LTD., Bobst Group SA., Windmoeller & Hoelscher Corporation, Comexi Group S.L. DCM-ATN, Jiangyin Lida Printing & Packaging Machinery Co.Ltd, KKA Gmbh, ROTATEK S.A, Uteco Converting SpA, Weijin Machinery Industry Co. Ltd, Shaanxi Beiren Printing Machinery Co., Ltd., Hsing Wei Machine Industry CO.LTD, Pelican Rotoflex Pvt Ltd., Fuji Kikai Kogyo Co Ltd, Officine Meccaniche Giovanni Cerutti SpA.
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