PUBLISHER: TechNavio | PRODUCT CODE: 1559297
PUBLISHER: TechNavio | PRODUCT CODE: 1559297
Security Printing Market 2024-2028
The security printing market is forecasted to grow by USD 5923.4 mn during 2023-2028, accelerating at a CAGR of 4.83% during the forecast period. The report on the security printing market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased focus of countries to outsource printing of currencies, countermeasures against forgery and counterfeiting practices, and rise in need for brand protection.
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 4.37% |
CAGR | 4.83% |
Incremental Value | $5923.4 mn |
Technavio's security printing market is segmented as below:
By End-user
By Geographical Landscape
This study identifies the use of durable solutions for printing currencies as one of the prime reasons driving the security printing market growth during the next few years. Also, rise in financial inclusion and development of various security printing methods will lead to sizable demand in the market.
The report on the security printing market covers the following areas:
The vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading security printing market vendors that include A1 Security Print Ltd., ANY Security Printing PLC, Authentix Inc., China Banknote Printing and Minting Corp., De La Rue PLC, Donggang Co.Ltd., DREWSEN SPEZIALPAPIERE GmbH and Co. KG, ELTRONIS UK Ltd., FNMT RCM, Giesecke Devrient GmbH, Integrity Print Ltd., Joint Stock Co. Goznak, Madras Security Printers Pvt. Ltd., Orell Fussli AG, Oriental Holding Group, RAINBOW PRINTING LTD., Schwarz Druck GmbH, Security Papers Ltd., Security Printing and Minting Corp. Of India Ltd., and Simpson Security Papers Inc.. Also, the security printing market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The company presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
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