Security Printing Market:
The GMI Research expects the security printing market to expand at a significant rate. From a regional perspective, the Asia-Pacific is predicted to lead the market due to the increasing population and growing forgeries. Macro-economic factors, such as rapid globalization, rising population, and economic advancements, will drive the market growth.
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Security Printing Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)
Key Drivers
The growing security concerns for numerous instruments paired with the increasing cases of forgery globally are the major factors surging the growth of the global security printing market size. Furthermore, the increasing advancements in printing solutions, such as the introduction of RFID marks, will boost the growth of the global security printing market during the forecast period. The security printing method is utilized in several end-use industry verticals, which include birth certificates issuing, passport industry, ticketing sector, personal ID industry, and driving license industry. According to the security printing market report, the strong demand from numerous sectors like banking, government, commercial, and others is expected to fuel the growth of the market. The security method utilizes multiple security printing methods, including holograms, color-shifting ink, intaglio printing, ultraviolet printing, and geometric lathe work. Additionally, the growing demand for brand protection solution is one of the emerging security printing market trends that will accelerate the growth of the market in the upcoming years. The rapid advancements by the major players in the industry for emerging newer solutions as compared to high-security specifications like micro-lettering, intaglio printing, color-changing ink, and other specifications is anticipated to open new doors for the growth of the market. On the other hand, the rapid digitalization paired with the rising use of digital instruments will hinder the market growth in the upcoming years.
Application Segment Drivers
Based on the Application, the bank notes segment is predicted to grow at a higher CAGR over the forecast period due to the rising incidences of forgery that have bolstered the demand for protection of the bank notes.
Security Printing Market’s leading Manufacturers:
• 3M
• Goebel GmbH
• Giesecke+Devrient GmbH
• Gietz
• Leibinger Group
• Thomas Greg & Sons
• Pozzoni S.p.A.
• ROTATEK
• Security Brands Solutions S.r.l
• VINSAK
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 market research and consulting company that provides syndicated research reports, consulting services, and customized market research reports. Our reports are based on market intelligence studies to ensure relevant and fact-based research across numerous sectors, including healthcare, automotive, information technology & communication, FMCG, and other industries. GMI Research’s deep understanding related to the business environment helps us in generating objective strategic insights. Our research teams consisting of seasoned analysts and researchers have hands-on experience in various regions, including Asia-pacific, Europe, North America, and the Rest of the World. The market research report offers in-depth analysis, which contains refined forecasts, a bird's eye view of the competitive landscape, factors impacting the market growth, and several other market insights to aid companies in making strategic decisions. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to help our clients to stay ahead of the curve.
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