Will Security Paper Market witness sustainable growth in coming years ? China Banknote Printing and Minting Corporation, Ciotola S.R.L., Document Security Systems, Inc., EPL House for Security Printing, Security Paper Limited, Sequana Group, De la Rue plc

Security paper is a paper which constitutes features that help qualify and identify a document as authentic or original. The use of security paper exemplifies the importance of a document and helps in distinguishing between authentic and counterfeit documents. It is widely used for printing currency, legal, and government documents.

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Counterfeiting of documents and currency has augmented over the recent past, resulting in major losses being incurred by companies, governments and individuals. This has increased the demand for the development of various security features, with security paper as the most significant. However, growing digitization in the developed markets emerging economies, which ensures expeditious authenticity of documents, is a major challenge faced by the security paper market.

Security Paper Market Taxonomy

On basis of -security feature, the security paper market is segmented into the following:

Hybrid Papers
Watermarks
MOLD
Fourdrinier
Others
Holograms
Threads
Security
Embedded
CBS1
UV Fibers
Tear Resistant
Heavy Stock
Micro-printing
Others

The hybrid papers make use of inks, threads, and fibers to help distinguish them from ordinary paper. Other security features such as watermarks and holograms are used to minimize the risk of counterfeiting. Tear resistance, threaded paper, UV fibers are used to help withstand wear and tear of documents that require longer lifespan. Standard security papers have a multitoned watermark and is made using cotton, pulp and plastic. This paper is widely used for passports, licenses, tickets, vouchers, vehicle papers, policies, and excise seals.

In 2016, the demonetization drive in India was a major event for the security paper industry. Around 84% of India’s currency was stripped of its status as legal tender and was reprinted. The reprinted currency included new design and added security features. This enabled immense growth of the security paper market in the country. Major players in the security paper market are China Banknote Printing and Minting Corporation, Ciotola S.R.L., Document Security Systems, Inc., EPL House for Security Printing, Security Paper Limited, Sequana Group, De la Rue plc, Giesecke & Devrient, Fedrigoni Group, and Goznak.

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What Security Paper Market report offers:

1. Security Paper Market share assessments for the regional and country level segments
2. Market share analysis of the top industry players
3. Security Paper Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
4. Strategic recommendations in key business segments based on the market estimations
5. Competitive landscape covering following points:
• Company Overview
• Product Portfolio
• Financial Performance
• Recent Highlights
• Strategies

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This release was published on openPR.