Security paper used in security printing that incorporates features such as watermarks or invisible fibers in papers that can be used to identify or authenticate a document as the original. Increasing demand for the legal document and original document raises in demand for the security papers market. Growing banking sector requires security papers for their banking application such as cheques, certificate, notes, and others which drive the growth of the market.
MARKET DYNAMICS
Security papers are used for multiple applications such as banknotes, passport, stamps, Cheques, and others that need security paper for the identification of documents as it is original. Additionally, currency manufacturing required security papers; these factors drive the growth of the security papers marker. Digitalization is the major restraint for the growth of the market as people adopting online documentation and online payments. The need to protect documents against fraud and counterfeit push the demand for the security papers market. Increase the number of fraud, also rising demand for the visa, identity cards, and passport, creating a lucrative opportunity for the market player of the security papers market.
MARKET SCOPE
The "Global Security Papers Analysis to 2028" is a specialized and in-depth study of the security papers with a special focus on the global market trend analysis. The report aims to provide an overview of security papers market with detailed market segmentation by component, application and geography. The global security papers market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading security papers market players and offers key trends and opportunities in the security papers market.
MARKET SEGMENTATION
The global security papers market is segmented on the basis of component, application. On the basis of component the market is segmented as substrates, watermarks, threads, holograms, others. On the basis of application the market is segmented as bank notes, passports, identity cards, cheques, stamps, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global security papers market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The security papers market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting security papers market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the security papers market in these regions.
MARKET PLAYERS
The reports cover key developments in the security papers market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from security papers are anticipated to lucrative growth opportunities in the future with the rising demand for security papers in the global market. Below mentioned is the list of few companies engaged in the security papers market.
The report also includes the profiles of key security papers companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- De La Rue plc
- Document Security Systems
- DREWSEN SPEZIALPAPIERE GmbH and Co. KG
- FEDRIGONI
- Giesecke+Devrient Currency Technology GmbH
- Goznak
- Infinity Security Papers Pvt. Ltd
- Security Papers Limited
- Security Printing and Minting Corporation of India Ltd.
- Simpson Security Papers
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.