Security Paper Market Overview by Banknotes, Passports, Identity Cards, Certificates, Legal & Government Documents, Cheques, and Stamps to 2024 - Rear Excessive Growth Estimated by Key Top Players Giesecke+Devrient (Germany), De La Rue plc (UK), Fedrigoni

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Study covers security paper market across various segments. It aims at estimating market size & growth potential of this market across different segments based on product type, material, end-use industry, & region. Study also includes an in-depth competitive analysis of key players in market, along with their company profiles, key observations related to their products & business offerings, recent developments undertaken by them, & key growth strategies adopted by them to enhance their position.

The watermarks segment of the security paper market is projected to grow at the highest CAGR during the forecast period, in terms of value. The growth of this segment is attributed to the rising cases of copyright infringements. They are typically used to trace copyright infringements and for banknote authentication. Watermarks are also widely used in the paper industry. They are increasingly used in security papers, particularly in postage stamps, currency, and other security documents.

Security paper market comprises major manufacturers such as Giesecke+Devrient (Germany), De La Rue plc (UK), Fedrigoni Group (Italy), Security Printing and Minting Corporation of India Limited (India), Real Casa de la Moneda (Spain), Security Paper Limited (Pakistan), Goznak (Russia), China Banknote Printing and Minting Corporation (China), Drewsen Spezialpapiere GmbH & Co. KG (Germany), and Document Security Systems (US).

#Table of Content
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Insights
7 Security Papers Market, By Sales Channel
8 Security Papers Market, By Type of Application
9 Security Papers Market, By Region
10 Competitive Landscape
11 Company Profiles
12 Appendix

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The growth of the security paper market in the Asia Pacific region is attributed to the strong demand for security features such as watermarks, holograms being embedded during the printing stage of banknotes, passports, and stamps, the growing tourism industry, economic stability, increasing incomes, and infrastructure.

The substrates segment is projected to lead the security paper market, in terms of value, from 2018 to 2023. Polymer substrate is one of the key elements used for manufacturing security paper. The long lifespan of the polymer has contributed to the growing demand for plastic in the manufacture of security papers. Hybrid security papers are another type of substrate, which are special papers with security features containing watermarks, security fibers, and threads, and are used in various types of security documents.

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In terms of value, the Asia Pacific security paper market is projected to grow at the highest CAGR from 2018 to 2023 due to the strong demand from countries such as China and India. The demand is also driven by the growing tourism industry, which contributes to the consumption of various security documents such as, identity cards, passports, and visas.

Increasing awareness among customers and companies about document security is projected to fuel the growth of the security paper market during the forecast period.

To prevent counterfeiting activities, the government of each country incorporates numerous security features in a single banknote. Watermarks, holograms, security threads, intaglio printing, and inks are some security features that are inserted in banknotes during the manufacturing process. The constant printing, circulation, and reprinting of banknotes, coupled with the rising number of cases pertaining to counterfeit notes are projected to drive the demand for security papers for banknotes.

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