Security Paper Market to grow by USD 7.05 billion between 2022 to 2027, Ciotola s.r.l., De La Rue PLC, DIPA Zrt, and more among key companies - Technavio

NEW YORK, Oct. 19, 2023 /PRNewswire/ -- The security paper market size is expected to grow by USD 7.05 billion from 2022 to 2027. In addition, the growth momentum of the market will progress at a CAGR of 6.66% during the forecast period, according to Technavio. Growing global banknote market is notably driving the security paper market. However, factors such as Rising global e-passport market may impede market growth. The market is segmented by Product (Currency note, Passport, and Others), Type (Hybrid paper, Watermark, Hologram, and Thread and UV fiber), and Geography (APAC, North America, Europe, South America, and Middle East and Africa). We provide a detailed analysis of 20 companies operating in the security paper market including Ciotola s.r.l., De La Rue PLC, DIPA Zrt, DREWSEN SPEZIALPAPIERE GmbH and Co. KG, EPL House, FEDRIGONI Spa, FNMT RCM, Gemini Graphics Pvt. Ltd., Giesecke Devrient GmbH, HG Technology Sdn Bhd, Joint Stock Co. Goznak, Pura Group, Rolland Enterprises Inc., Security Paper Mill Inc., Security Papers Ltd., Security Printing and Minting Corp. Of India Ltd., and Simpson Security Papers Inc..  This report provides a full list of key companies, their strategies, and the latest developments. Buy Now for detailed company information

Security Paper Market 2023-2027: Company Analysis

• Security Printing and Minting Corp. Of India Ltd.: The company offers security paper applications such as bank note papers, educational certificates, and financial documents. 

The report offers an up-to-date analysis of the market, and to know the exact growth variance and the Y-O-Y growth rate, Request a FREE Sample Report.

Security Paper Market 2023-2027: Segmentation

Product

• The currency note segment is significant during the forecast period. Along with cash withdrawals, the provision of value-added services such as balance inquiries and checkbook queries via ATM drives the segment's growth during the forecast period. Furthermore, factors like the growth of the banking system and the number of ATMs worldwide are expected to increase the demand for currency notes. Hence, such factors fuel the growth of the currency note segment of the security paper market during the forecast period.
• The market research report also mentions other segments like Type (Hybrid paper, Watermark, Hologram, and Thread and UV fiber).

Geography 

• By region, APAC is estimated to contribute 49% to the growth of the global market during the forecast period. The growth of the security paper market in APAC can be attributed to factors such as the growing use of security papers in numerous applications, including government papers (such as passports and national ID cards), currencies, and educational credentials. Additionally, given their vast populations and active economies, countries such as China, India, Japan, and South Korea are major contributors to the expansion of the regional market. 
• Other regions included in the report are North America, Europe, South America, and Middle East and Africa.

Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View a FREE PDF Sample Report

Related Reports:

The liquid sandpaper market share is expected to increase by USD 619.1 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 4.89%.

The stone paper market is estimated to grow at a CAGR of 4.97% between 2022 and 2027. The size of the market is forecast to increase by USD 1943.79 million. 

ToC:

Executive Summary

Market Landscape

Market Sizing

Historic Market Sizes

Five Forces Analysis

Market Segmentation by WRITERS

Market Segmentation by Geography

Customer Landscape

Geographic Landscape

Drivers, Challenges, & Trends

Company Landscape

Company Analysis

Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com

SOURCE Technavio

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED