Gravure Printing Inks Market: Innovative Packaging Approaches to Bode Well for Revenue Generation, TMR
Transparency Market Research (TMR) states that the global gravure printing inks market is fairly consolidated. “The market is led by top six players, who reportedly held a share of about 75% in the market in 2015,” states the lead author of this research report. However, these players, Flint Group, Sun Chemical Group, Sakata INX, Toyo Ink Mfg. Co. Ltd., Huber Group, and Siegwerk Druckfarben AG & Co. KGaA, are expected to grow at a sluggish rate in the coming years as the industries are being challenged by the radical changes in technology, consumer behavior, and economic developments. To overcome these roadblocks, companies are expected to focus on research and development activities, investments in development and production of digital printing inks, and inorganic expansions. According to the research report, the global gravure printing inks market was worth US$1.8 bn in 2015 and is expected to pace ahead at a CAGR of 3.98% between 2016 and 2024 to...