In 2023, Germany led the global export market of gravure printing machinery, holding a 30.31% share, closely followed by China at 28.37%. While Germany experienced a slight decline of 0.56% year-on-year, China saw a 4.03% increase. Other significant players included Italy at 20.89%, South Korea at 11.31%, and the United States at 5.62%. Notable growth was observed in Poland with a 245.25% increase, while Switzerland experienced a notable downturn of 13.62%.
Future trends to watch include the potential for continued growth in Asian markets, particularly China and India, driven by technological advancements and increasing regional demand. Conversely, European markets may face challenges due to economic uncertainties and competitive pressures.
Top countries in Export of Gravure Printing Machinery Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 30.31 | 2023 | +1.58% | -0.56% | View data |
| 2 | 2 China | 28.37 | 2023 | +3.42% | +4.03% | View data |
| 3 | 3 Italy | 20.89 | 2023 | -0.41% | -1.48% | View data |
| 4 | 4 South Korea | 11.31 | 2023 | +4.36% | +1.6% | View data |
| 5 | 5 United States | 5.62 | 2023 | -7.82% | +2.8% | View data |
| 6 | 6 India | 5.53 | 2023 | +4.24% | +4.64% | View data |
| 7 | 7 Japan | 3.82 | 2023 | -9.81% | -5.41% | View data |
| 8 | 8 Switzerland | 3.08 | 2023 | -10.54% | -13.62% | View data |
| 9 | 9 France | 2.4 | 2023 | -1.48% | -1.36% | View data |
| 10 | 10 United Kingdom | 1.92 | 2023 | +2.63% | +2.1% | View data |
