PUBLISHER: Lucintel | PRODUCT CODE: 1538550
PUBLISHER: Lucintel | PRODUCT CODE: 1538550
Security Printing Trends and Forecast
The future of the global security printing market looks promising with opportunities in the cheque, bank note, legal & government document, certificate, and personal ID markets. The global security printing market is expected to grow with a CAGR of 7.6% from 2024 to 2030. The major drivers for this market are rising security threat of counterfeiting, identity theft, and document forgery necessitates, increasing fraudulent activity in financial institutions, personal identities, and tax and postal stamps, along with growing customer knowledge of fraud and counterfeiting operations.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Security Printing by Segment
The study includes a forecast for the global security printing by printing type, application, and region.
List of Security Printing Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies security printing companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the security printing companies profiled in this report include-
Security Printing Market Insights
Lucintel forecasts that lithographic printing will remain the largest segment over the forecast period due to its capacity to continuously provide great picture quality.
Within this market, personal ID will remain the largest segment due to increase in international travel, a growth in economic prospects, and improved mobility for job and education.
North America will remain the largest region over the forecast period due to the region's broad use of lithography and screen printing.
Features of the Global Security Printing Market
Market Size Estimates: Security printing market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Security printing market size by printing type, application, and region in terms of value ($B).
Regional Analysis: Security printing market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different printing type, application, and regions for the security printing market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the security printing market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the growth forecast for security printing market?
Answer: The global security printing market is expected to grow with a CAGR of 7.6% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the security printing market?
Answer: The major drivers for this market are rising security threat of counterfeiting, identity theft, and document forgery necessitates, increasing fraudulent activity in financial institutions, personal identities, and tax and postal stamps, along with growing customer knowledge of fraud and counterfeiting operations.
Q3. What are the major segments for security printing market?
Answer: The future of the global security printing market looks promising with opportunities in the cheque, bank note, legal & government document, certificate, and personal ID markets.
Q4. Who are the key security printing market companies?
Answer: Some of the key security printing companies are as follows:
Q5. Which security printing market segment will be the largest in future?
Answer: Lucintel forecasts that lithographic printing will remain the largest segment over the forecast period due to its capacity to continuously provide great picture quality.
Q6. In security printing market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to the region's broad use of lithography and screen printing.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.