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.
Security Printing Market by Printing Type [Shipment Analysis by Value from 2018 to 2030]:
• Screen Printing
• Letterpress Printing
• Digital Printing
• Lithographic Printing
• Intaglio Printing
• Others
Security Printing Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Cheques
• Bank Notes
• Legal & Government Documents
• Certificates
• Personal ID
• Others
Security Printing Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
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-
• Agfa-Gevaert Group
• Amgraf
• GRAPHIC SECURITY SYSTEMS
• Ennis
• The Flesh Company
• TROY Group
• Wellspring Software
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 regionÄX%$%Xs broad use of lithography and screen printing.
Features of the Global Security Printing Market
Market Size Estimates: Security printing market size estimation in terms of value ($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 ($B).
Regional Analysis: Security printing market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different printing type, application, and regions for the security printing market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the security printing market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for security printing market?
Answer: The global security printing market is expected to grow with a CAGR of 7.6% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the security printing market?
Answer: The major drivers for this market are rising security threat of counterfeiting, identity theft, and document forgery necessitates, increasing fraudulent activity in financial institutions, personal identities, and tax and postal stamps, along with growing customer knowledge of fraud and counterfeiting operations.
Q3. What are the major segments for security printing market?
Answer: The future of the global security printing market looks promising with opportunities in the cheque, bank note, legal & government document, certificate, and personal ID markets.
Q4. Who are the key security printing market companies?
Answer: Some of the key security printing companies are as follows:
• Agfa-Gevaert Group
• Amgraf
• GRAPHIC SECURITY SYSTEMS
• Ennis
• The Flesh Company
• TROY Group
• Wellspring Software
Q5. Which security printing market segment will be the largest in future?
Answer: Lucintel forecasts that lithographic printing will remain the largest segment over the forecast period due to its capacity to continuously provide great picture quality.
Q6. In security printing market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to the regionÄX%$%Xs 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.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the security printing market by printing type (screen printing, letterpress printing, digital printing, lithographic printing, intaglio printing, and others), application (cheques, bank notes, legal & government documents, certificates, personal ID, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Security Printing Market, Security Printing Market Size, Security Printing Market Growth, Security Printing Market Analysis, Security Printing Market Report, Security Printing Market Share, Security Printing Market Trends, Security Printing Market Forecast, Security Printing Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.