The global Rotogravure printing machine market
features a highly fragmented and competitive vendor landscape, with the
leading seven companies collectively accounting for a mere 41% of the
market in 2017, observes Transparency Market Research in a recent
report. Of these leading few, the company Bobst Group SA accounted for a
significant 41.5% of the market in the said year. The dominant spot of
the company in the market is owing to its extensive product and service
portfolio, high investments in research and development activities, and a
strong production and sales network that is spread across the globe.
For companies to gain lucrative returns
in the market, focus on expansion across lucrative regional markets
could be a promising growth strategy. Some of the leading companies in
the market are J M Heaford Ltd, Comexi Group S.L., DCM-ATN, Windmoeller
& Hoelscher Corporation, Uteco Converting SpA, ROTATEK S.A, and KKA
Gmbh.
TMR analysts state that the revenue
generated from sales of Rotogravure printing machines for retail
merchandising has been estimated to be around US$1.63 bn in 2016, and is
projected to expand at a CAGR of 3.5% during forecast period 2017-2025,
rising to a valuation of US$2,208.55 mn by 2025.
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Of the key industries that utilize
Rotogravure printing machines, the food industry is expected to dominate
the market throughout the forecast period. The market is also expected
to see major gains across the pharmaceutical and security printing
industries over the forecast period, which are anticipated to register
impressive CAGRs of 4.6% and 4.0%, respectively, over the report’s
forecast period.
APAC is expected to overtake the Europe
rotogravure printing machine market and dominate the global market by
the end of forecast period, in terms of both value and volume. The
market in the APAC region is estimated to have an annual consumption of
7,533.68 units of rotogravure printing machines in 2017, and is
predicted to up the consumption to 9,578.39 units by the end of the
report’s forecast period.
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