1. Market Research
  2. > Materials
  3. > Pulp and Paper Market Trends
Security Paper Market by Component, Application And Region - Global Forecast to 2023

Security Paper Market by Component, Application And Region - Global Forecast to 2023

  • December 2018
  • 157 pages
  • ID: 4886763
  • Format: PDF
  • MarketsandMarkets

Summary

Table of Contents

Search Inside

Printing, circulation, and reprinting of banknotes are projected to drive the overall growth of the security paper market across the globe from 2018 to 2023.
The security paper market is projected to grow from USD 11.4 billion in 2018 to USD 14.8 billion by 2023, at a CAGR of 5.42% during the forecast period. Printing, circulation, and reprinting of banknotes and the growth in tourism is projected to increase the demand for passports & visas, which in turn, is driving the growth of the security paper market across the globe. However, increasing digitization acts as a roadblock in the growth of the market. E-Payment solutions are also replacing the use of cheques and banknotes. Further, the stringent laws and regulations, particularly in terms of control of the number of notes in circulation, is projected to hinder the security paper market growth in the near future.

In terms of value, the watermarks segment is projected to grow at the highest CAGR during the forecast period.
The watermarks segment of the security paper market is projected to grow at the highest CAGR during the forecast period, in terms of value.The growth of this segment is attributed to the rising cases of copyright infringements.

They are typically used to trace copyright infringements and for banknote authentication.Watermarks are also widely used in the paper industry.

They are increasingly used in security papers, particularly in postage stamps, currency, and other security documents.

In terms of both, value and volume, the banknotes segment is projected to lead the security paper market from 2018 to 2023.
The banknotes segment is projected to lead the security paper market from 2018 to 2023, in terms of both, value and volume.From the technological viewpoint, banknotes are the most complex as well as prestigious value security papers.

They are generally manufactured with cotton-fiber paper, polymer, or hybrid paper.This makes the banknotes robust and more resistant to wear and tear, as compared to common paper.

Nowadays, special types of polymers are used to manufacture banknotes, as they have a better shelf life than paper notes and are resistant to fire and water.To prevent counterfeiting activities, the government of each country incorporates numerous security features in a single banknote.

Watermarks, holograms, security threads, intaglio printing, and inks are some security features that are inserted in banknotes during the manufacturing process. The constant printing, circulation, and reprinting of banknotes, coupled with the rising number of cases pertaining to counterfeit notes are projected to drive the demand for security papers for banknotes.

In terms of value, the Asia Pacific security paper market is projected to grow at the highest CAGR during the forecast period.
In terms of value, the Asia Pacific security paper market is projected to grow at the highest CAGR from 2018 to 2023 due to the strong demand from countries such as China and India.The demand is also driven by the growing tourism industry, which contributes to the consumption of various security documents such as, identity cards, passports, and visas.

Moreover, increasing population density and the growing cash-based economy in some countries such as India and Indonesia in the region have driven the demand for banknotes, thereby driving the security paper market growth.

In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, other innovation and technology directors, and executives from various key organizations operating in the security paper market.
•?By Company Type: Tier 1: 35%, Tier 2: 40%, and Tier 3: 25%
•?By Designation: C-Level: 25%, D-Level: 35%, and Others: 40%
•?By Region: North America: 20%, Europe: 35%, Asia Pacific: 25%, Middle East & Africa: 15%, and

South America: 5%
The security paper market comprises major manufacturers such as Giesecke+Devrient (Germany), De La Rue plc (UK), Fedrigoni Group (Italy), Security Printing and Minting Corporation of India Limited (India), Real Casa de la Moneda (Spain), Security Paper Limited (Pakistan), Goznak (Russia), China Banknote Printing and Minting Corporation (China), Drewsen Spezialpapiere GmbH & Co. KG (Germany), and Document Security Systems (US).

Research Coverage
The market study covers the security paper market across various segments.It aims at estimating the market size and the growth potential of this market across different segments based on the product type, material, end-use industry, and region.

The study also includes an in-depth competitive analysis of key players in the market, along with their company profiles, key observations related to their products and business offerings, recent developments undertaken by them, and key growth strategies adopted by them to enhance their position in the security paper market.

Key Benefits of Buying the Report
The report is projected to help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers of the overall security paper market and its segments and subsegments.This report is projected to help stakeholders understand the competitive landscape of the market and gain insights to improve the position of their businesses and plan suitable go-to-market strategies.

The report also aims at helping stakeholders understand the pulse of the market and provides them with information on the key market drivers, challenges, and opportunities.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.

ref:plp2018

Reportlinker.com © Copyright 2020. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on