Europe Water-Based Gravure Ink Market was valued at USD 1.1 Billion in 2022 and is projected to reach USD 1.8 Billion by 2030, growing at a CAGR of 6.4% from 2024 to 2030.
In recent years, the European market for water-based gravure inks has experienced significant growth, driven by a combination of environmental regulations and evolving industry requirements. These inks, known for their eco-friendly properties, have become essential in various sectors, particularly packaging and publishing.
The gravure printing process, esteemed for its high-quality image reproduction, relies heavily on specialized inks that adhere to diverse substrates, including plastics, films, papers, and metals. Water-based gravure inks have emerged as a preferred choice due to their reduced environmental impact compared to solvent-based alternatives. This preference aligns with the European Union's stringent environmental directives, such as the Packaging and Packaging Waste Directive, which aims to recycle 70% of packaging waste by 2030. These regulations have spurred the adoption of sustainable printing solutions, with water-based inks currently accounting for approximately 40% of the overall printing inks market in Europe.
Industries, especially those in the packaging sector, have recognized the advantages of water-based gravure inks. The food and beverage industry, for instance, benefits from these inks' compliance with food safety standards, ensuring that packaging materials do not contaminate products. Additionally, the demand for flexible packaging has surged, owing to its versatility and cost-effectiveness. Water-based inks offer excellent adhesion and color retention on flexible materials, making them ideal for this application. The European Flexible Packaging Association reported a 2.8% growth in the European flexible packaging market in 2023, highlighting the increasing demand for such solutions.
Technological advancements have further bolstered the performance of water-based gravure inks. Innovations in ink chemistry have led to improved adhesion, faster drying times, and enhanced sustainability, meeting both regulatory standards and consumer preferences. These developments have expanded the inks' applications, making them suitable for high-speed printing processes and a variety of packaging materials. As industries strive for eco-friendly solutions without compromising quality, water-based gravure inks have emerged as a viable and attractive option, aligning with both environmental goals and commercial objectives.
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Toyo Ink
DIC Corporation
RUCOINX Druckfarben
Follmann
Mallard Creek Polymers
Siegwerk
SAKATA INX
Flint Group
Zeen Enterprises (ZiNKS)
Huber
Chrostiki S.A.
Fujian Green Spring New Material
Kao Collins
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Europe Water-Based Gravure Ink Market
Flexible Packaging
Labels and Tags
Publishing & Printing
Textiles
Cardboard & Paper
Plastic Films
Paper
Metal Foils
Textile Fabrics
Other Specialty Surfaces
Food and Beverage
Pharmaceuticals
Consumer Goods
Construction
Automotive
Fast-Drying Inks
High-Opacity Inks
Eco-friendly Inks
High-Gloss Finish Inks
Matte Finish Inks
Gravure Printing
Flexographic Printing
Offset Printing
Digital Printing
Screen Printing
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Europe Water-Based Gravure Ink Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Europe Water-Based Gravure Ink Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Europe Water-Based Gravure Ink Market, By Type
6. Europe Water-Based Gravure Ink Market, By Application
7. Europe Water-Based Gravure Ink Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Europe Water-Based Gravure Ink Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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