The global demand for Security Printing Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period 2022 - 2028.
The printing of objects that require authentication, such as stock certificates, postage stamps, banknotes, identity cards, product authentication, and passports, uses security printing. Intaglio printing, holograms, special paper, copying marks, micro-printing, security threads, anti-magnetic inks, watermarks, and serial numbers are all examples of security printing. Security printing is used to prevent illicit behaviours such as forgery, counterfeiting, and tempering. Various computer systems rely on secure printing to ensure crucial features of security. Many software packages are counterfeit-protected with holographic stickers that rip apart when removed from the container. As a result, security processes must be devised to ensure that the item has not been tampered with after leaving the production or packing unit, which security printing can do.
Market Dynamics
Increased occurrences of counterfeiting and forgery worldwide are a primary driver of the security printing market size. Moreover, due to the growth in criminality, financial assets must be issued through secured printing. This factor is pushing the security printing market forward. Furthermore, increased brand protection due to losses and reputation dilution caused by copying the brand name and others. The development of new goods with high-security features is likely to drive market demand even higher. Additionally, many businesses invest in the research and development of secure technologies to ensure maximum security. Many developed and emerging economies governments also adopt and support these improvements to reduce economic losses caused by tampering and counterfeiting. The use of hybrid printing papers in currency printing is expected to reduce corruption, money laundering, and currency counterfeiting, expanding the market. Security inks are a significant aspect driving global market expansion. In conjunction with law enforcement, security laws are a crucial component moving this market forward. Also, consumer awareness of fraud and counterfeit activities is expected to boost growth.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of security printing. The growth and trends of security printing industry provide a holistic approach to this study.
Market Segmentation
This section of the security printing market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Printing Type
- Screen Printing
- Letterpress Printing
- Digital Printing
- Lithographic Printing
- Intaglio Printing
- Others
By Application
- Cheques
- Legal & Government Documents
- Certificates
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Security Printing market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Security Printing Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the security printing market include Agfa-Gevaert Group, Amgraf, Inc., DSS, Graphic Dimensions Inc., GRAPHIC SECURITY SYSTEMS CORPORATION (GSSC), Plus Technologies LLC, Printegra, An Ennis Company, The Flesh Company, TROY Group, Inc., Wellspring Software, Inc., Ð rintech. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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