Security Paper Market with Detailed Analysis, Competitive landscape, Forecast to 2027

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.

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.

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Asia Pacific is the largest market for security paper, as the largely populated countries –India and China are present here. The use of security paper across all applications is swiftly increasing in these countries, with currency printing being the largest application. With increasing population and strong economic growth, the security paper industry in Asia Pacific, is expected to flourish over the forecast period. North America is the second largest market for security paper. The US dollar is the world’s most used reserve currency and the most traded currency in the foreign exchange 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

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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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