Security Paper Market Size, Share & Trends Analysis Report By Type (Hybrid Paper, Watermark, Hologram, Thread & UV Fiber), By Application (Currency/Bank Notes, Legal & Government), And Segment Forecasts, 2019 - 2025

Published: Jul, 2019 | Pages: 120 | Publisher: Grand View Research
Industry: Defense and Security | Report Format: Electronic (PDF)

The global security paper market size is expected to reach USD 24.33 billion by 2025, according to a new study conducted by Grand View Research, Inc. It is anticipated to expand at a CAGR of 7.0% over the forecast period. Growing demand for anti-counterfeit technologies in applications such as currency printing and printing bank checks is expected to be the key growth driver. Security paper protects critical document against alteration and forgery by using multiple security technologies such as watermark, hologram, and Ultraviolet (UV) fiber and threads.

Over the last few years, the rapid proliferation of advanced printing technologies has led to an increase in the circulation of fake notes, passports, visas, and certificates, among others. There has also been a significant increase in the number of fraud cases reported worldwide. In order to overcome these issues, the security paper manufacturing industry is focusing on the development and application of advanced security features such as hologram and magnetic microwires. These security features are anticipated to offer improved document security to prevent counterfeiting in comparison to that of the traditional methods mentioned above.

Currency notes and bank documents are the major applications of security paper. Printing of currency notes is a continuous process to ensure effective circulation in the economy. However, emergence of blockchain technology and growing digitalization is restraining the growth of the security paper market as more business and consumers are shifting towards online payment options due to enhanced convenience and security.

Asia Pacific (APAC) is expected to drive the demand for security papers over the forecast period owing to various government initiatives and regulations and rapid expansion of BFSI infrastructure. Recent demonetization and Unique Identification numbers (UID) initiative by the Government of India (GoI) is expected to propel the demand. The Pradhan Mantri Jan Dhan Yojana, a financial inclusion program by the GoI, which aims to provide affordable access to financial services to rural population is also expected to be the major growth driver for the product adoption in the regional BFSI sector.

Further key findings from the report suggest:

• Government initiatives such as China's Plan for Advancing the Development of Financial Inclusion (2016-2020), Government of India's "Pradhan Mantri Jan Dhan Yojana" and Unique Identification Number (UID) initiative have a positive influence on the adoption of security paper in APAC

• Hybrid paper is anticipated to emerge as the fastest growing segment over the forecast period owing to the increased adoption of the product for government application in North America and Europe

• Currency notes application segment is anticipated to lead the security paper market over the forecast period due to government initiatives such as demonetization (India) and re-printing of currency notes

• The key market players include Security Paper Mill, Inc.; China Banknote Printing and Minting Corporation; Document Security Systems, Inc.; Ciotola S.R.L.; Security Paper Limited; Sequana Group; Giesecke & Devrient; Fedrigoni Group; Goznak; and Security Printing and Minting Corporation of India Limited (SPMCIL)

 Table of Contents

Chapter 1 Methodology and Scope
                   1.1 Research Methodology
                   1.2 Research Scope and Assumptions
                   1.3 List of Data Sources
Chapter 2 Executive Summary
                   2.1 Security Paper - Industry Snapshot & Key Buying Criteria, 2014 - 2025
                   2.2 Security Paper Market, 2014 - 2025
                       2.2.1 Global security paper market, by type, 2014 - 2025
                       2.2.2 Global security paper market, by application, 2014 - 2025
                       2.2.3 Global security paper market, by region, 2014 - 2025
Chapter 3 Security Paper Industry Outlook
                   3.1 Market Segmentation & Scope
                   3.2 Market Size and Growth Prospects
                   3.3 Security Paper - Value Chain Analysis
                       3.3.1 Vendor landscape
                   3.4 Security Paper Market Dynamics
                       3.4.1 Market driver analysis
                       3.4.2 Market challenge analysis
                       3.4.3 Market oppurtunity analysis
                   3.5 Penetration and Growth Prospect Mapping
                   3.6 Security Paper Market - Porter's Five Forces Analysis
                   3.7 Security Paper Market - Company Market Share Analysis, 2018
                   3.8 Security Paper Market - PESTEL Analysis
                   3.9 Security Paper Market - Regulatory Outlook
Chapter 4 Security Paper Type Outlook
                   4.1 Security Paper Market Share By Type, 2018
                   4.2 Hybrid Paper
                       4.2.1 Hybrid paper in security paper market, 2014 - 2025
                   4.3 Watermark
                       4.3.1 Watermark in security paper market, 2014 - 2025
                   4.4 Hologram
                       4.4.1 Hologram in security paper market, 2014 - 2025
                   4.5 Thread & UV Fiber
                       4.5.1 Thread & UV fiber in security paper market, 2014 - 2025
                   4.6 Others
                       4.6.1 Other security paper market, 2014 - 2025
Chapter 5 Security Paper Application Outlook
                   5.1 Security Paper Market Share By Application, 2018
                   5.2 Currency Notes/Bank Notes
                       5.2.1 Security paper market in currency notes/ bank notes, 2014 - 2025
                   5.3 Passport & Visa
                       5.3.1 Security paper market in passport & visa, 2014 - 2025
                   5.4 Identity Card
                       5.4.1 Security paper market in identity card, 2014 - 2025
                   5.5 Legal & Government
                       5.5.1 Security paper market in legal & government, 2014 - 2025
                   5.6 Certificate
                       5.6.1 Security paper market in certificate, 2014 - 2025
                   5.7 Bank Documents
                       5.7.1 Security paper market in bank documents, 2014 - 2025
                   5.8 Medical Report & Prescription
                       5.8.1 Security paper market in medical report & prescription, 2014 - 2025
                   5.9 Transportation & Logistics
                       5.9.1 Security paper market in transportation & logistics, 2014 - 2025
                   5.10 Others
                       5.10.1 Security paper market in other applications, 2014 - 2025
Chapter 6 Security Paper Regional Outlook
                   6.1 Security Paper Market Share By Region, 2018
                   6.2 North America
                       6.2.1 North America security paper market, 2014 - 2025
                       6.2.2 North America security paper market, by type, 2014 - 2025
                       6.2.3 North America security paper market, by application, 2014 - 2025
                       6.2.4 U.S.
                           6.2.4.1 U.S. security paper market, 2014 - 2025
                           6.2.4.2 U.S. security paper market, by type, 2014 - 2025
                           6.2.4.3 U.S. security paper market, by application, 2014 - 2025 
                       6.2.5 Canada
                           6.2.5.1 Canada security paper market, 2014 - 2025
                           6.2.5.2 Canada security paper market, by type, 2014 - 2025
                           6.2.5.3 Canada security paper market, by application, 2014 - 2025 
                   6.3 Europe
                       6.3.1 Europe security paper market, 2014 - 2025
                       6.3.2 Europe security paper market, by type, 2014 - 2025
                       6.3.3 Europe security paper market, by application, 2014 - 2025
                       6.3.4 U.K. 
                           6.3.4.1 U.K. security paper market, 2014 - 2025
                           6.3.4.2 U.K. security paper market, by type, 2014 - 2025
                           6.3.4.3 U.K. security paper market, by application, 2014 - 2025 
                       6.3.5 Germany
                           6.3.5.1 Germany security paper market, 2014 - 2025
                           6.3.5.2 Germany security paper market, by type, 2014 - 2025
                           6.3.5.3 Germany security paper market, by application, 2014 - 2025 
                   6.4 Asia Pacific
                       6.4.1 Asia Pacific security paper market, 2014 - 2025
                       6.4.2 Asia Pacific security paper market, by type, 2014 - 2025
                       6.4.3 Asia Pacific security paper market, by application, 2014 - 2025
                       6.4.4 China
                           6.4.4.1 China security paper market, 2014 - 2025
                           6.4.4.2 China security paper market, by type, 2014 - 2025
                           6.4.4.3 China security paper market, by application, 2014 - 2025 
                       6.4.5 India
                           6.4.5.1 India security paper market, 2014 - 2025
                           6.4.5.2 India security paper market, by type, 2014 - 2025
                           6.4.5.3 India security paper market, by application, 2014 - 2025 
                       6.4.6 Japan
                           6.4.6.1 Japan security paper market, 2014 - 2025
                           6.4.6.2 Japan security paper market, by type, 2014 - 2025
                           6.4.6.3 Japan security paper market, by application, 2014 - 2025
                   6.5 Latin America
                       6.5.1 Latin America security paper market, 2014 - 2025
                       6.5.2 Latin America security paper market, by type, 2014 - 2025
                       6.5.3 Latin America security paper market, by application, 2014 - 2025
                       6.5.4 Brazil
                           6.5.4.1 Brazil security paper market, 2014 - 2025
                           6.5.4.2 Brazil security paper market, by type, 2014 - 2025
                           6.5.4.3 Brazil security paper market, by application, 2014 - 2025 
                   6.6 MEA
                       6.6.1 MEA security paper market, 2014 - 2025
                       6.6.2 MEA security paper market, by type, 2014 - 2025
                       6.6.3 MEA security paper market, by application, 2014 - 2025
Chapter 7 Competitive Landscape
                   7.1 Security Paper Mill, Inc.
                       7.1.1 Company overview
                       7.1.2 Financial performance
                       7.1.3 Product benchmarking
                       7.1.4 Strategic initiatives
                   7.2 China Banknote Printing and Minting Corporation
                       7.2.1 Company overview
                       7.2.2 Financial performance
                       7.2.3 Product benchmarking
                       7.2.4 Strategic initiatives
                   7.3 Ciotola S.R.L.
                       7.3.1 Company overview
                       7.3.2 Financial performance
                       7.3.3 Product benchmarking
                       7.3.4 Strategic initiatives
                   7.4 Document Security Systems, Inc.
                       7.4.1 Company overview
                       7.4.2 Financial performance
                       7.4.3 Product benchmarking
                       7.4.4 Strategic initiatives
                   7.5 Security Paper Limited
                       7.5.1 Company overview
                       7.5.2 Financial performance
                       7.5.3 Product benchmarking
                       7.5.4 Strategic initiatives
                   7.6 Sequana Group
                       7.6.1 Company overview
                       7.6.2 Financial performance
                       7.6.3 Product benchmarking
                       7.6.4 Strategic initiatives
                   7.7 Giesecke & Devrient
                       7.7.1 Company overview
                       7.7.2 Financial performance
                       7.7.3 Product benchmarking
                       7.7.4 Strategic initiative
                   7.8 Fedrigoni Group
                       7.8.1 Company overview
                       7.8.2 Financial performance
                       7.8.3 Product benchmarking
                       7.8.4 Strategic initiatives
                   7.9 Goznak
                       7.9.1 Company overview
                       7.9.2 Financial performance
                       7.9.3 Product benchmarking
                       7.9.4 Strategic initiatives
                   7.10 Security Printing and Minting Corporation of India Limited (SPMCIL)
                       7.10.1 Company overview
                       7.10.2 Financial performance
                       7.10.3 Product benchmarking
                       7.10.4 Strategic initiatives

List of Tables

TABLE 1 Security paper-Industry snapshot & key buying criteria, 2014 - 2025
TABLE 2 Global security paper market, 2014 - 2025 (USD Million)
TABLE 3 Global security paper market, by region, 2014 - 2025 (USD Million)
TABLE 4 Global security paper market, by type, 2014 - 2025 (USD Million)
TABLE 5 Global security paper market, by application, 2014 - 2025 (USD Million)
TABLE 6 Security paper-Key market driver impact
TABLE 7 Security paper-Key market challenge impact
TABLE 8 Security paper technology and application overview
TABLE 9 Hybrid paper security paper market, 2014 - 2025 (USD Million)
TABLE 10 Hybrid paper security paper market, by region, 2014 - 2025 (USD Million)
TABLE 11 Watermark security paper market, 2014 - 2025 (USD Million)
TABLE 12 Watermark security paper market, by region, 2014 - 2025 (USD Million)
TABLE 13 Hologram security paper market, 2014 - 2025 (USD Million)
TABLE 14 Hologram security paper market, by region, 2014 - 2025 (USD Million)
TABLE 15 Thread & UV fiber market, 2014 - 2025 (USD Million)
TABLE 16 Thread & UV fiber market, by region, 2014 - 2025 (USD Million)
TABLE 17 Other security paper market, 2014 - 2025 (USD Million)
TABLE 18 Other security paper market, by region, 2014 - 2025 (USD Million)
TABLE 19 Security paper market in currency notes, 2014 - 2025 (USD Million)
TABLE 20 Security paper market in currency notes, by region, 2014 - 2025 (USD Million)
TABLE 21 Security paper market in passport & visa, 2014 - 2025 (USD Million)
TABLE 22 Security paper market in passport & visa, by region, 2014 - 2025 (USD Million)
TABLE 23 Security paper market in identity card, 2014 - 2025 (USD Million)
TABLE 24 Security paper market in identity card, by region, 2014 - 2025 (USD Million)
TABLE 25 Security paper market in legal & government, 2014 - 2025 (USD Million)
TABLE 26 Security paper market in legal & government, by region, 2014 - 2025 (USD Million)
TABLE 27 Security paper market in certificate, 2014 - 2025 (USD million)
TABLE 28 Security paper market in certificate, by region, 2014 - 2025 (USD Million)
TABLE 29 Security paper market in bank documents, 2014 - 2025 (USD Million)
TABLE 30 Security paper market in bank documents, by region, 2014 - 2025 (USD Million)
TABLE 31 Security paper market in medical report & prescription, 2014 - 2025 (USD million)
TABLE 32 Security paper market in medical report & prescription, by region, 2014 - 2025 (USD Million)
TABLE 33 Security paper market in transportation & logistics, 2014 - 2025 (USD Million)
TABLE 34 Security paper market in transportation & logistics, by region, 2014 - 2025 (USD Million)
TABLE 35 Security paper market in other applications, 2014 - 2025 (USD Million)
TABLE 36 Security paper market in other applications, by region, 2014 - 2025 (USD Million)
TABLE 37 North America security paper market, 2014 - 2025 (USD Million)
TABLE 38 North America security paper market, by type, 2014 - 2025 (USD Million)
TABLE 39 North America security paper market, by application, 2014 - 2025 (USD Million)
TABLE 40 U.S. security paper market, 2014 - 2025 (USD Million)
TABLE 41 U.S. security paper market, by type, 2014 - 2025 (USD Million)
TABLE 42 U.S. security paper market, by application, 2014 - 2025 (USD Million)
TABLE 43 Canada security paper market, 2014 - 2025 (USD Million)
TABLE 44 Canada security paper market, by type, 2014 - 2025 (USD Million)
TABLE 45 Canada security paper market, by application, 2014 - 2025 (USD Million)
TABLE 46 Europe security paper market, 2014 - 2025 (USD Million)
TABLE 47 Europe security paper market, by type, 2014 - 2025 (USD Million)
TABLE 48 Europe security paper market, by application, 2014 - 2025 (USD Million)
TABLE 49 U.K. security paper market, 2014 - 2025 (USD Million)
TABLE 50 U.K. security paper market, by type, 2014 - 2025 (USD Million)
TABLE 51 U.K. security paper market, by application, 2014 - 2025 (USD Million)
TABLE 52 Germany security paper market, 2014 - 2025 (USD Million)
TABLE 53 Germany security paper market, by type, 2014 - 2025 (USD Million)
TABLE 54 Germany security paper market, by application, 2014 - 2025 (USD Million)
TABLE 55 Asia Pacific security paper market, 2014 - 2025 (USD Million)
TABLE 56 Asia Pacific security paper market, by type, 2014 - 2025 (USD Million)
TABLE 57 Asia Pacific security paper market, by application, 2014 - 2025 (USD Million)
TABLE 58 China security paper market, 2014 - 2025 (USD Million)
TABLE 59 China security paper market, by type, 2014 - 2025 (USD Million)
TABLE 60 China security paper market, by application, 2014 - 2025 (USD Million)
TABLE 61 India security paper market, 2014 - 2025 (USD Million)
TABLE 62 India security paper market, by type, 2014 - 2025 (USD Million)
TABLE 63 India security paper market, by application, 2014 - 2025 (USD Million)
TABLE 64 Japan security paper market, 2014 - 2025 (USD Million)
TABLE 65 Japan security paper market, by type, 2014 - 2025 (USD Million)
TABLE 66 Japan security paper market, by application, 2014 - 2025 (USD Million)
TABLE 67 Latin America security paper market, 2014 - 2025 (USD Million)
TABLE 68 Latin America security paper market, by type, 2014 - 2025 (USD Million)
TABLE 69 Latin America security paper market, by application, 2014 - 2025 (USD Million)
TABLE 70 Brazil security paper market, 2014 - 2025 (USD Million)
TABLE 71 Brazil security paper market, by type, 2014 - 2025 (USD Million)
TABLE 72 Brazil security paper market, by application, 2014 - 2025 (USD Million)
TABLE 73 MEA security paper market, 2014 - 2025 (USD Million)
TABLE 74 MEA security paper market, by type, 2014 - 2025 (USD Million)
TABLE 75 MEA security paper market, by application, 2014 - 2025 (USD Million)?

List of Figures

FIG. 1 Market segmentation & scope
FIG. 2 Global security paper market, 2014 - 2025 (USD Million)
FIG. 3 Security paper-Value chain analysis
FIG. 4 Security paper market dynamics
FIG. 5 Key opportunities prioritized
FIG. 6 Security paper-Porter's five forces analysis
FIG. 7 Security paper-Company market share analysis, 2018
FIG. 8 Security paper-PESTEL analysis
FIG. 9 Security paper market, by type, 2018 & 2025
FIG. 10 Security paper market, by application, 2018 & 2025
FIG. 11 Security paper market, by region, 2018 & 2025
FIG. 12 Security paper market-Regional takeaways
FIG. 13 North America security paper market-Key takeaways
FIG. 14 Europe security paper market-Key takeaways
FIG. 15 Asia Pacific security paper market-Key takeaways
FIG. 16 Latin America security paper market-Key takeaways
FIG. 17 MEA security paper market-Key takeaways