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The global security paper market is expected to exhibit a CAGR of 6.90% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
A security paper is used to identify or authenticate an original document. It is manufactured using natural ingredients, such as pulp with contents of linen, cotton and hemp fibers alternatively supplemented with abaca and others. Hybrid papers, holograms, watermarks, threads and ultraviolet (UV) fibers are some of the common types of security paper. It is widely used in certificates, cheques, bank notes, passports, stamps, identity cards, and legal and government documents. Security paper assists in preventing the documents from chemical alteration, cut, paste forgery, and high technology counterfeiting. It also aids in minimizing and curbing piracy and fraud by examining watermarks, patterns printed within the paper, metallic threads woven into the paper, and chemical treatment to indicate tampering.
The increasing cases of fraud and counterfeiting across the globe are creating a positive outlook for the market. Security papers are widely used as they consist of watermarks or invisible fibers in paper or features that demonstrate tamper evidence under UV conditions. In line with this, the rising document security concerns among the masses have facilitated the need for counterfeit protection, which is further favoring the market growth. Apart from this, various product innovations, such as the introduction of a hybrid security paper that consists of highly secured technologies to limit falsifying practices, are providing an impetus to the market growth. Moreover, the implementation of various government initiatives focusing on producing high-quality security papers to strengthen document security and confidentiality while minimizing counterfeiting is acting as another growth-inducing factor. Besides this, the widespread product adoption in companies and regulatory agencies to effectively restrict misuse of essential documents, the increasing product demand in manufacturing banknotes and currency, and extensive research and development (R&D) activities are anticipated to drive the market toward growth.
IMARC Group provides an analysis of the key trends in each sub-segment of the global security paper market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type and application.
Breakup by Type:
Breakup by Application:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being A1 Security Print Limited, Domtar Corporation, DREWSEN SPEZIALPAPIERE GmbH & Co. KG, Fedrigoni S.P.A., Giesecke+Devrient GmbH, Goznak, HG Technology Sdn. Bhd., Security Papers Limited, Security Printing & Minting Corporation of India Ltd., Simpson Security Papers and SPM-Security Paper Mill Inc.
|Base Year of the Analysis||2021|
|Segment Coverage||Type, Application, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Companies Covered||A1 Security Print Limited, Domtar Corporation, DREWSEN SPEZIALPAPIERE GmbH & Co. KG, Fedrigoni S.P.A., Giesecke+Devrient GmbH, Goznak, HG Technology Sdn. Bhd., Security Papers Limited, Security Printing & Minting Corporation of India Ltd., Simpson Security Papers and SPM-Security Paper Mill Inc.|
|Customization Scope||10% Free Customization|
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|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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