Market research future published a raw research report on Global Security Paper Market that contains the information from 2017 to 2023. Global Security Paper market is expected to grow with the CAGR of approximately 6.02% from 2017 to 2023, and with this it is predicted to cross USD 16.47 by 2023.
Taste the market data and market information presented through more than 20 market data tables and figures spread in 118 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Security Paper Market Information from 2017 to 2023”
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Security paper use paper materials in various applications such as banknotes, legal & government documents, certificates, identity cards, passport, checks, and stamps. Rise in awareness of frauds among consumers with the support of news media and increase in need for protection against forgery, are majorly the growth drivers of the market. Security papers are also used in passports and visas, where features such as watermarks are used for their authentication.
The market has been analyzed based on the three segments and they are security feature, application, and end use in the regions of North America, Europe, APAC and Rest of the World. On the basis of security features, the market has been segmented as Hybrid Papers, Watermarks, Holograms, and Threads. Hybrid Papers has largest market share. It has many features such as watermarks, inks and threads embedded in them. On the basis of applications, the segments are banknotes, legal & government documents, certificates, identity cards, passport, checks, and stamps. The banknote application segment is estimated to dominate the security paper market and is projected to be the fastest-growing segment during the forecast period. The scope of the market has widened over many years, owing to the flourishing markets of Europe. The global security paper market is expected to cross USD 16.47 billion by the end of the forecast period.
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Hybrid papers to gain maximum traction during the forecast period
The hybrid papers segment is projected to be the fastest-growing segment during the forecast period. It has many features such as watermarks, inks and threads embedded in them. With the increase in fake notes, visas, and passports, the market for anti-counterfeiting technologies is thus driving growth of hybrid paper in the emerging economies.
We recognize the key players in the global security paper market as China Banknote Printing and Minting Corporation (Beijing), Ciotola S.R.L.(Italy), Document Security Systems, Inc.(U.S.), EPL House for Security Printing (Libya), Security Paper Limited (Pakistan), Sequana Group (France), De la Rue plc (U.K.), Giesecke & Devrient (Germany), Fedrigoni Group (Italy) and Goznak (Russia).
This research report has provides the insights, on various levels of analyses such industry analysis, market share analysis leading market players and their profiles. This report also helps in studying the target segments by providing views on emerging & high-growth segments and market conclusion. Together the market data comprise and discuss with the basic assessments on the competitive scenarios & strategies, of the global Security Paper market, including the high-growth regions, countries and their political, economic and technological environments. Furthermore the project report also provides the views over the historical market values as well as, pricing and cost analysis of the same.
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