Security Paper Market, By Component (Substrates, Watermarks, Threads, and Holograms), Application (Banknotes, Passports, Identity Cards, Certificates, Legal & Government Documents, Cheques, and Stamps)), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030

Report Code: PMI120619 | Publish Date: March 2024 | No. of Pages: 168

Global Security Paper Market By Overview

Security Paper is a specialized paper used in security printing which has a specific function that can be further used to identify or authenticate a document as original. For instance, watermarks or invisible fibers in paper, or analyzing the tamper evidence etc. This type of papers is especially used for banknotes, identification of passports and certificates, government documents, etc. The purpose of security paper is to stop person from tampering the documents. Banknotes are usually made from pulp with contents of cotton, linen and hemp fibers, alternatively supplemented with abaca and others. The birth certificate, marriage certificate and death certificate issued by PSA and NSO are printed on security paper. The difference between PSA and NSO is only the logo. It helps in reducing the amount of printing which occurs in an office. With such strategies such as printing tracking management software and user authentication, it’s much harder for employees to print off personal documents or freely access consumables. The security paper market accounted for US$ 17.08 billion in 2020 and is estimated to be US$ 34.40 billion by 2030 and is anticipated to register a CAGR of 7.3%.

Global Security Paper Market By Dynamics

Rising demand of security for original documents

Increased adoption of security papers has enabled companies, individuals and agencies to protect the essential files is the key factor driving the growth of the target market. The usage of security papers for banking applications is another major factor which boost the growth of this particular market.  Rising interest of government and initiative to maintain crucial documents of public is likely to propel the growth of security paper market. Introduction of innovative and hybrid papers to increase the security of papers is also expected to drive the market. Increasing customer demands to maintain and sustain the integrity of their files is augmenting the growth of this specific market.

However, introduction of digital technology and cloud storage is likely to hamper the growth of the global security papers market.

Global Security Paper Market By Segmentation

The security paper market is segmented based on component, application, and region.

On the basis of component, the security paper market is segmented into Substrates, Watermarks, Threads, and Holograms. On the basis of application, the target market is segmented into Banknotes, Passports, Identity Cards, Certificates, Legal & Government Documents, Cheques, and Stamps.

Regional Insights:

The security paper market accounted for US$ 17.08 billion in 2020 and is estimated to be US$ 34.40 billion by 2030 and is anticipated to register a CAGR of 7.3%. On region the security paper market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.  Asia Pacific is currently leading the security paper market due to increasing population, higher cash transactions, government expanding BFSI industry etc. is driving the market in this region. Moreover, increasing demand of security papers for passport and visa application because of increasing migration to foreign countries is projected to boost the growth of this particular market. North America is expected to witness significant growth in this specific market owing to rising demand of safeguard optimal security among organizations is likely to support the growth of the target market.   

Report Scope:

Attribute

Details

Base year for estimation

2020

Forecast period

2020 – 2030

Market representation

Revenue in USD Billion & CAGR from 2020 – 2030

Market Segmentation

By Component- Substrates, Watermarks, Threads, and Holograms.

By Application– Banknotes, Passports, Identity Cards, Certificates, Legal & Government Documents, Cheques, and Stamps

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the security paper market report based on component, application, and region.

Segmentation- Security Paper Market

Global Security Paper Market, By Region:

      • North America
          • U.S.
          • Canada
      • Europe
          • Germany
          • UK
          • France
          • Russia
          • Italy
          • Rest of Europe
      • Asia Pacific
          • China
          • India
          • Japan
          • South Korea
          • Rest of Asia Pacific
      • Latin America
          • Brazil
          • Mexico
          • Rest of Latin America
      • Middle East & Africa
          • GCC
          • Israel
          • South Africa
          • Rest of Middle East & Africa

Global Security Paper Market By Key Players

The key players operating in the security paper market includes Giesecke & Devrient GmbH, De La Rue, plc, Fedrigoni Group, Security Printing and Minting Corporation of India Limited, Real Casa de la Moneda Security Paper Limited, Goznak FGUP, China Banknote Printing and Minting Corporation, Drewsen Spezialpapiere GmbH & Co. KG, and Document Security Systems, Inc.

Giesecke & Devrient GmbH:

G+D had launched new security thread for paper-based banknote substrates. Brilliant motifs, movement and color shift purity when the banknote is titled offer maximum protection against counterfeiting.

Global Security Paper Market By Company Profile

  • Giesecke & Devrient GmbH 
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • De La Rue, plc 
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Fedrigoni Group
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Security Printing and Minting Corporation of India Limited
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Real Casa de la Moneda Security Paper Limited
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Goznak FGUP
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • China Banknote Printing and Minting Corporation
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Drewsen Spezialpapiere GmbH & Co. KG
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Document Security Systems, Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies

FAQs

The Global Security Paper Market is segmented into component, application, and region.

By region, The Asia-Pacific security paper market is projected to grow at a significant rate.

The Key players operating in the Global Security Paper Market include Giesecke & Devrient GmbH, De La Rue, plc, Fedrigoni Group, Security Printing and Minting Corporation of India Limited, Real Casa de la, Moneda Security Paper Limited, Goznak FGUP, China Banknote Printing and Minting Corporation, Drewsen Spezialpapiere GmbH & Co. KG and Document Security Systems, Inc.

The rise in incidences of fraud and counterfeiting, as well as the printing, circulation, and reprinting of banknotes, are likely to fuel the market's growth over the forecast period.