Asia: Gravure Printing Machinery Market 2025

Gravure Printing Machinery Market Size in Asia

The Asian gravure printing machinery market surged to $X in 2022, rising by 68% against the previous year. Overall, consumption, however, saw a relatively flat trend pattern. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Gravure Printing Machinery Production in Asia

In value terms, gravure printing machinery production contracted slightly to $X in 2022 estimated in export price. The total production indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +1.6% against 2020 indices. The growth pace was the most rapid in 2013 when the production volume increased by 112%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Gravure Printing Machinery Exports

Exports in Asia

In 2022, approx. X units of gravure printing machinery were exported in Asia; declining by -13% compared with the previous year. Over the period under review, exports showed a slight downturn. The pace of growth was the most pronounced in 2017 with an increase of 95% against the previous year. The volume of export peaked at X units in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, gravure printing machinery exports reduced to $X in 2022. In general, exports, however, saw a modest increase. The pace of growth was the most pronounced in 2017 when exports increased by 46% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Japan was the largest exporter of gravure printing machinery in Asia, with the volume of exports finishing at X units, which was approx. 43% of total exports in 2022. China (X units) took the second position in the ranking, distantly followed by South Korea (X units). All these countries together held approx. 46% share of total exports. The following exporters - Taiwan (Chinese) (X units), India (X units) and Singapore (X units) - together made up 8.4% of total exports.

From 2012 to 2022, the biggest increases were recorded for Singapore (with a CAGR of +15.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, China ($X) remains the largest gravure printing machinery supplier in Asia, comprising 63% of total exports. The second position in the ranking was held by Japan ($X), with a 13% share of total exports. It was followed by South Korea, with a 12% share.

In China, gravure printing machinery exports increased at an average annual rate of +3.3% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Japan (-7.6% per year) and South Korea (+5.4% per year).

Export Prices by Country

The export price in Asia stood at $X per unit in 2022, growing by 6.6% against the previous year. Export price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, gravure printing machinery export price increased by +71.3% against 2018 indices. The pace of growth appeared the most rapid in 2016 an increase of 45% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2017 to 2022, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was India ($X per unit), while Singapore ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+4.6%), while the other leaders experienced more modest paces of growth.

Gravure Printing Machinery Imports

Imports in Asia

In 2022, approx. X units of gravure printing machinery were imported in Asia; waning by -86.1% on 2021. Over the period under review, imports, however, saw a temperate expansion. The pace of growth appeared the most rapid in 2019 when imports increased by 1,076% against the previous year. As a result, imports reached the peak of X units. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, gravure printing machinery imports skyrocketed to $X in 2022. Overall, imports recorded a noticeable downturn. The most prominent rate of growth was recorded in 2017 when imports increased by 42% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Indonesia represented the main importing country with an import of about X units, which resulted at 52% of total imports. Vietnam (X units) held the second position in the ranking, followed by Qatar (X units), Singapore (X units) and the Philippines (X units). All these countries together held approx. 28% share of total imports. The following importers - India (X units) and Thailand (X units) - each recorded a 5.6% share of total imports.

Indonesia was also the fastest-growing in terms of the gravure printing machinery imports, with a CAGR of +14.7% from 2012 to 2022. At the same time, Vietnam (+9.4%), Singapore (+4.8%), Qatar (+4.4%) and India (+3.3%) displayed positive paces of growth. By contrast, Thailand (-6.0%) and the Philippines (-38.4%) illustrated a downward trend over the same period. While the share of Indonesia (+31 p.p.), the Philippines (+5.8 p.p.) and Vietnam (+3.7 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Thailand (-5.4 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Indonesia ($X) constitutes the largest market for imported gravure printing machinery in Asia, comprising 42% of total imports. The second position in the ranking was taken by Vietnam ($X), with an 8.9% share of total imports. It was followed by India, with a 6.6% share.

From 2012 to 2022, the average annual growth rate of value in Indonesia amounted to +15.8%. The remaining importing countries recorded the following average annual rates of imports growth: Vietnam (+15.1% per year) and India (-2.9% per year).

Import Prices by Country

The import price in Asia stood at $X per unit in 2022, surging by 883% against the previous year. Overall, the import price, however, saw a deep contraction. The most prominent rate of growth was recorded in 2020 when the import price increased by 2,134% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was India ($X per unit), while Qatar ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+10.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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