Security Paper Market Reaching at US$ 16.37 Billion Investment to 2021 Overview by Substrates, Watermarks, Threads, and Holograms - Giesecke+Devrient (Germany), De La Rue plc (UK) and Fedrigoni Group (Italy) are the Top Players

New study on security paper market helps to growth of Banknotes, Passports, Identity Cards, Certificates, Legal & Government Documents, Cheques, and Stamps. Download Free Sample Now at http://www.rnrmarketresearch.com/contacts/request-sample?rname=991904 .

Growing digitization is restraining the growth of the security paper market as more people are going for online payment options, online printing of ID cards, and even soft copies of visas. In security paper market aims to study the individual growth trends, future prospects, and contribution of various segments to the total market. The study also analyzes opportunities in the market for stakeholders and details of competitive landscape for the market leaders.

“Printing, circulation, and reprinting of banknotes are projected to drive the overall growth of the security paper market across the globe from 2018 to 2023.”

Security paper market is projected to grow from US$ 11.4 billion in 2018 to USD 14.8 billion by 2023, at a CAGR of 5.42% during the forecast period. Security paper market report aims at estimating market size and future growth potential of security paper market across different segments such as application, security feature, and region. The study strategically profiles key players and comprehensively analyzes their core competencies.

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The security paper market is witnessing growth due to the high circulation of money and need for anti-counterfeit technologies. The application of security paper in this sector covers banknotes, visas, passports, identity cards, stamps, certificates, and legal documents. The global market for the security paper is dominated by players such as Giesecke & Devrient (Germany), Sequana Group (France), Security Paper Limited (Pakistan), Fedrigoni S.p.A (Italy), and De La Rue (U.K.).

Recent Developments
• Substrates to Be the Largest Segment of the Security Printing Market
• Watermarks to Be the Leading Security Feature in the Security Paper Market
• The Increasing Need for Printing New Banknotes and Passports Drives the Demand for Security Threads
• Increasing Number of Forging and Duplication Cases to Drive the Demand for Holograms in the Security Paper Market
• The Others Segment is Projected to Record A Stagnant Growth Rate During the Forecast Period

In security paper market, A bottom-up procedure was employed to arrive at the overall size of the global security paper market from the revenue of the key players. After arriving at the overall market size, the total market was split into several segments and sub-segments, which were then verified through primary research by conducting extensive interviews with key people such as CEOs, VPs, directors, and executives.

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Research Coverage
Europe dominated the global security paper market, security paper market have widely been constructed across all major countries of Europe, such as Germany, Spain, the U.K., Russia, Italy, and France. The growth in development and rise in per capita income are factoring the growth in use of security paper in these countries.

Key Benefits of Buying the Report
Factors such as growing digitization restrict the growth of the market. These players have adopted various strategies to expand their global presence and increase their market share. New product launches, & expansions & investments are some of the major strategies adopted by the market players to achieve growth in the Security paper market.

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