Mark Twain's blog : Security Printing Market Research Report
Global Security
Printing Market
The GMI Research
forecasts that the Security Printing Market is witnessing an upsurge in demand
over the forecast period. This is mainly due to the rise in domestic and
international polymer simulation, several techniques related to security
features, and rising incidences of forgery and tampering practices.
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Introduction of the Security Printing Market
Security printing refers to the field of the printing
industry. It deals with printing items like banknotes, cheques, passports,
tamper-evident labels, security tapes, product authentication, stock
certificates, postage stamps, and identity cards.
Key Players of the Global Security Printing Market:
·
3M
·
Giesecke+Devrient GmbH
·
Gietz
·
Thomas Greg & Sons
·
ROTATEK
·
Security Brands Solutions S.r.l
·
VINSAK
·
Goebel GmbH
·
Leibinger Group
·
Pozzoni S.p.A.
Security Printing Market Dynamics (including market size,
share, trends, forecast, growth, forecast, and industry analysis)
Several drivers contributing to the growth of the global security
printing market include the increasing modernizations in printing solutions,
like the evolution of RFID marks and their rising implementation across several
end-use industries, such as the passport, driving license, birth certificates
issuing, personal ID, and ticketing sector. In addition, the aggravating demand
concerned with brand protection and the escalating innovations by leading
players to launch new solutions with enhanced features will further supplement
the security
printing market size. The method implies different printing techniques like
intaglio printing, holograms, geometric lathe work, color-shifting ink, and
ultraviolet printing. Also, the surging
apprehension concerned with the mounting cases of counterfeiting is another
factor strengthening the industry's growth.
On the other hand, the security printing market report
stated that rapid digitalization and the acquisition of digital instruments
would hinder market growth.
Security Feature Segment Drivers
Based on the Security Features, the watermark is expected to
hold the largest share in the market during the forecast period. This is
primarily because they are increasingly deployed on currency and other
essential instruments to prevent counterfeiting. Thus, the expanding ecosystem
of currency over other instruments is paving the way for market growth.
Application
Segment Drivers
Based on the Application, banknotes are contemplated to
witness significant growth due to the high occurrence of fraud; raising the
demand for protection of banknotes has propelled the market growth.
End
User Segment Drivers
Based on the End User segment, the commercial sector will
expand at a higher CAGR in the near future. This is primarily attributed to the
product certification, stock certificates, and other essential documents. On
the other hand, government and banking are predicted to lead the market because
of the exacerbating measures taken for the security against the fabrication of
banknotes.
Regional Drivers
Based on the region, Asia-Pacific is forecasted to stand
over in the market over the coming years because of counterfeit and mounting
population cases. Further, other macro-economic factors, including swift
globalization, and economic development, will bolster the market growth.
Security Printing Market Segmentation:
Segmentation
by Security Feature
·
Watermarks
·
Holograms
·
Hybrid Paper
·
Color Pigments
·
Micro Printing
Segmentation
by Application
·
Bank Notes
·
Cheques
·
Tickets
·
Payment Cards
·
Personal ID
·
Others
Segmentation
by End User
·
Government
·
Banking
·
Commercial
·
Others
Segmentation
by Region:
·
North America
o
United States of America
o
Canada
·
Asia Pacific
o
China
o
Japan
o
India
o
Rest of APAC
·
Europe
o
United Kingdom
o
Germany
o
France
o
Spain
o
Rest of Europe
·
RoW
o
Brazil
o
South Africa
o
Saudi Arabia
o
UAE
o
Rest of the world (remaining countries of the
LAMEA region)
About GMI
Research
GMI Research is a consulting company that provides insights
into business and market research reports for every enterprise. The research
team supports clients to comprehend the impact of market dynamics such as size,
share, drivers, growth opportunities, and other market aspects. Our team of
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information about the industry using both internal and external databases. We
provide step-by-step help to our clients through strategic and consulting
services to attain a managerial and actionable decision.
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