Security Printing market size is estimated to be worth US$ 34040 million in 2022 and is forecast to a readjusted size of US$ 43070 million by 2028 with a CAGR of 4.0% - Valuates Reports

Due to the COVID-19 pandemic, the global Security Printing market size is estimated to be worth US$ 34040 million in 2022 and is forecast to a readjusted size of US$ 43070 million by 2028 with a CAGR of 4.0% during the review period.

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Fully considering the economic change by this health crisis, Optically Variable Ink accounting for % of the Security Printing global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period.

While Banknotes segment is altered to an % CAGR throughout this forecast period.

Security Printing Market Insights
The security printing industry has undergone significant changes involving technological complexity and ever rising challenges of the digital age. As a result, security inks have evolved, providing versatility on different substrates, high performance on different presses, and printability of sophisticated designs.

Security Printing Market Analysis
China Security Printing market size is valued at US$ million in 2021, while the US and Europe Security Printing are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period.

As for the Europe Security Printing landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.

The global key manufacturers of Security Printing include Adae Group, Giesecke & Devrient GmbH, Intergraf, Orell Fussli Security Printing, Esko, ANY Security Printing Company, Pagemark Technology, ISP and United Security Printing, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

Security Printing Market Scope and Segment
Security Printing market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Security Printing market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type and by Application for the period 2017-2028.

Segment by Type
Optically Variable Ink
MICR
RFID

Segment by Application
Banknotes
Cheques
Passports
Tamper-Evident Labels
Product Authentication
Stock Certificates
Postage Stamps
Identity Cards
Others

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