Global Security Paper Market

Global Security Paper Market Size, Share, Growth Analysis, By Application(Passport/visa, banknotes), By Security(Water marks, holograms) - Industry Forecast 2024-2031

Report ID: SQMIG45C2058 | Region: Global | Published Date: July, 2001
Pages: 157 | Tables: 70 | Figures: 75

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Security Paper Market size was valued at USD 11.87 billion in 2019 and is poised to grow from USD 12.68 billion in 2023 to USD 20.06 billion by 2031, growing at a CAGR of 5.5% in the forecast period (2024-2031).

Due to the existence of both local and foreign suppliers, the market under study is fragmented. Players in the market under study are implementing new security features and sharing the current technology for mutual gain by utilising inorganic development techniques. The Fedrigoni Group and Giesecke+Devrient GmbH are main participants. 'Glesecke+Devrient ', 'De La Rue PLC ', 'Fedrigoni Group ', 'Sequana', 'Security Paper Limited', 'SPM Security Paper Mill', 'Troy Group', 'Ciotola SRL', 'Crane & Co.', 'Security Printing and Minting Corporation of India Limited', 'Document Security Systems, Inc.', 'Portals Paper', 'Arjo Wiggins', 'Fortress Paper Ltd.', 'Fabriano Security', 'Pura Group', 'Goznak', 'YFY Jupiter', 'Orell Füssli Holding AG', 'Hoshangabad Security Paper Mill.'

Globally, there is an increasing demand to keep document integrity across corporate divisions. In essence, security papers are markings, signatures, or watermarks that may be used to verify that a document is an original. Security papers may also include paper fibres and substrates that may be used to determine whether or not a document has been altered. It is common practise to mix security documents with substrate materials to make sure that any evidence of tampering or false paperwork is readily apparent.

Majority of businesses in the global security paper market use cylinder mold technology to create vibrant, three-dimensional watermarks. Only manufacturers of secure paper use this unique production method. Additionally, Louisenthal provides a variety of banknote substrates to accommodate all climatic and circulation circumstances. To offer protection against counterfeiting, these substrates can be combined with any security feature. Their cotton-based banknote substrates are ideal for meeting the specifications common to the various banknote denominations of a nation's currency.

In 2021, the Asia Pacific security paper market, which includes China and India dominates the market globally. It is anticipated that the Asia-Pacific security paper market would expand significantly. The sales growth for security features like watermarks and holograms that are incorporated during the printing stage of banknotes, passports, and stamps, the expanding tourism sector, economic stability, rising incomes, and infrastructure are all factors that have contributed to the growth of the security paper market in the Asia-Pacific region.

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