Security Paper Market Share, Size, Trends, Industry Analysis Report, By Type (Hybrid Paper, Watermark, Hologram, Thread and UV Fiber, and Others); By Application; By Region; Segment Forecast, 2023- 2032

Security Paper Market Share, Size, Trends, Industry Analysis Report, By Type (Hybrid Paper, Watermark, Hologram, Thread and UV Fiber, and Others); By Application; By Region; Segment Forecast, 2023- 2032



The global security paper market size is expected to reach USD 24.14 billion by 2032, according to a new study by Polaris Market Research. The report “Security Paper Market Share, Size, Trends, Industry Analysis Report, By Type (Hybrid Paper, Watermark, Hologram, Thread and UV Fiber, and Others); By Application; By Region; Segment Forecast, 2023 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The increasing focus of a wide number of government initiatives mainly focused on producing high-quality security papers to minimize the prevalence of counterfeiting and strengthening document security and confidentiality are among the major prominent factors boosting the market growth. The continuous rise in the product need and demand for the manufacturing of banknotes and currency and extensive development in R&D activities to innovate new technologies and features, which enhance customer satisfaction and security, is further likely to create lucrative growth opportunities for the market. For instance, in November 2022, International Paper unveiled its OHMEGA Conductive Ink + Touchcode, which provides a new dimension to brand protection. It offers a unique interaction with brands, delivers exclusive and customized content, and can be tailored to meet particular customer requirements.

With the significant advancements in technology, the security paper industry has witnessed the introduction of new anti-counterfeiting technologies, including color-shifting inks, microprinting, security threads, holograms, and biometric security features along with the integration of radio-frequency identification technology that enables wireless identification and tracking of objects using radio waves, has been gaining popularity all over the world.

Moreover, the growing need and penetration to maintain the integrity of various types of documents across several business units, along with the surge in consumer prevalence to maintain and effectively sustain the integrity of their products, is pushing the market forward. Apart from this, various large central banks worldwide are moving towards more durable solutions such as polymer substrates, superior varnishes and coatings, and polymer composites due to their waterproof and more resistant to soiling, folding, and micro-organisms capabilities, which results in significant savings for the issuing authorities.

Security Paper Market Report Highlights

Hybrid paper segment accounted for largest market share in 2022, which is mainly driven by growing product adoption due to its numerous features and development of new materials and technologies

Legal and government documents segment is projected to grow at a highest CAGR during the forecast period, owing to surge in the number of government favorable initiatives and focus on incorporating advanced features

Asia Pacific region dominated the global market with largest market in 2022, owing to huge penetration for the cash-based transactions and significant expansion in the region BFSI Sector

The global key market players include Simpson Security Papers, SMP Security Paper, Fedrigoni Group, Shandong Hirun Paper, Security printing, and Domtar Corporation

Polaris Market Research has segmented the security paper market report based on type, application, and region:

Security Paper, Type Outlook (Revenue - USD Billion, 2019 - 2032)

Hybrid Paper

Watermark

Hologram

Threads and UV Fiber

Others

Security Paper, Application Outlook (Revenue - USD Billion, 2019 - 2032)

Bank Notes

Passports

Identity Cards

Certificates

Legal and Government Documents

Cheques and Stamps

Others

Security Paper, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

North America

U.S.

Canada

Europe

Germany

UK

France

Italy

Spain

Russia

Netherlands

Asia Pacific

China

India

Japan

South Korea

Indonesia

Malaysia

Latin America

Argentina

Brazil

Mexico

Middle East & Africa

UAE

Saudi Arabia

Israel

South Africa


1. Introduction
1.1. Report Description
1.1.1. Objectives of the Study
1.1.2. Market Scope
1.1.3. Assumptions
1.2. Stakeholders
2. Executive Summary
2.1. Market Highlights
3. Research Methodology
3.1. Overview
3.1.1. Data Mining
3.2. Data Sources
3.2.1. Primary Sources
3.2.2. Secondary Sources
4. Global Security Paper Market Insights
4.1. Security Paper Market – Industry Snapshot
4.2. Security Paper Market Dynamics
4.2.1. Drivers and Opportunities
4.2.1.1. Rise in the number of incidents of fraud and counterfeiting
4.2.1.2. Growing innovations and the prevalence of advanced technologies
4.2.2. Restraints and Challenges
4.2.2.1. Stringent government regulations
4.3. Porter’s Five Forces Analysis
4.3.1. Bargaining Power of Suppliers (Moderate)
4.3.2. Threats of New Entrants: (Low)
4.3.3. Bargaining Power of Buyers (Moderate)
4.3.4. Threat of Substitute (Moderate)
4.3.5. Rivalry among existing firms (High)
4.4. PESTLE Analysis
4.5. Security Paper Industry trends
4.6. Value Chain Analysis
4.7. COVID-19 Impact Analysis
5. Global Security Paper Market, by Type
5.1. Key Findings
5.2. Introduction
5.2.1. Global Security Paper, by Type, 2019-2032 (USD Billion)
5.3. Hybrid Paper
5.3.1. Global Security Paper Market, by Hybrid Paper, by Region, 2019-2032 (USD Billion)
5.4. Watermark
5.4.1. Global Security Paper Market, by Watermark, by Region, 2019-2032 (USD Billion)
5.5. Hologram
5.5.1. Global Security Paper Market, by Hologram, by Region, 2019-2032 (USD Billion)
5.6. Threads and UV Fiber
5.6.1. Global Security Paper Market, by Threads and UV Fiber, by Region, 2019-2032 (USD Billion)
5.7. Others
5.7.1. Global Security Paper Market, by Others, by Region, 2019-2032 (USD Billion)
6. Global Security Paper Market, by Application
6.1. Key Findings
6.2. Introduction
6.2.1. Global Security Paper Market, by Application, 2019-2032 (USD Billion)
6.3. Bank Notes
6.3.1. Global Security Paper Market, by Bank Notes, by Region, 2019-2032 (USD Billion)
6.4. Passports
6.4.1. Global Security Paper Market, by Passports, by Region, 2019-2032 (USD Billion)
6.5. Identity Cards
6.5.1. Global Security Paper Market, by Identity Cards, by Region, 2019-2032 (USD Billion)
6.6. Certificates
6.6.1. Global Security Paper Market, by Certificates, by Region, 2019-2032 (USD Billion)
6.7. Legal and Government Documents
6.7.1. Global Security Paper Market, by Legal and Government Documents, by Region, 2019-2032 (USD Billion)
6.8. Cheques and Stamps
6.8.1. Global Security Paper Market, by Cheques and Stamps, by Region, 2019-2032 (USD Billion)
6.9. Others
6.9.1. Global Security Paper Market, by Others, by Region, 2019-2032 (USD Billion)
7. Global Security Paper Market, by Geography
7.1. Key findings
7.2. Introduction
7.2.1. Security Paper Market Assessment, By Geography, 2019-2032 (USD Billion)
7.3. Security Paper Market – North America
7.3.1. North America: Security Paper Market, by Application, 2019-2032 (USD Billion)
7.3.2. North America: Security Paper Market, by Type, 2019-2032 (USD Billion)
7.3.3. Security Paper Market – U.S.
7.3.3.1. U.S.: Security Paper Market, by Application, 2019-2032 (USD Billion)
7.3.3.2. U.S.: Security Paper Market, by Type, 2019-2032 (USD Billion)
7.3.4. Security Paper Market – Canada
7.3.4.1. Canada: Security Paper Market, by Application, 2019-2032 (USD Billion)
7.3.4.2. Canada: Security Paper Market, by Type, 2019-2032 (USD Billion)
7.4. Security Paper Market – Europe
7.4.1. Europe: Security Paper Market, by Application, 2019-2032 (USD Billion)
7.4.2. Europe: Security Paper Market, by Type, 2019-2032 (USD Billion)
7.4.3. Security Paper Market – UK
7.4.3.1. UK: Security Paper Market, by Application, 2019-2032 (USD Billion)
7.4.3.2. UK: Security Paper Market, by Type, 2019-2032 (USD Billion)
7.4.4. Security Paper Market – France
7.4.4.1. France: Security Paper Market, by Application, 2019-2032 (USD Billion)
7.4.4.2. France: Security Paper Market, by Type, 2019-2032 (USD Billion)
7.4.5. Security Paper Market – Germany
7.4.5.1. Germany: Security Paper Market, by Application, 2019-2032 (USD Billion)
7.4.5.2. Germany: Security Paper Market, by Type, 2019-2032 (USD Billion)
7.4.6. Security Paper Market – Italy
7.4.6.1. Italy: Security Paper Market, by Application, 2019-2032 (USD Billion)
7.4.6.2. Italy: Security Paper Market, by Type, 2019-2032 (USD Billion)
7.4.7. Security Paper Market – Spain
7.4.7.1. Spain: Security Paper Market, by Application, 2019-2032 (USD Billion)
7.4.7.2. Spain: Security Paper Market, by Type, 2019-2032 (USD Billion)
7.4.8. Security Paper Market – Netherlands
7.4.8.1. Netherlands: Security Paper Market, by Application, 2019-2032 (USD Billion)
7.4.8.2. Netherlands: Security Paper Market, by Type, 2019-2032 (USD Billion)
7.4.9. Security Paper Market – Russia
7.4.9.1. Russia: Security Paper Market, by Application, 2019-2032 (USD Billion)
7.4.9.2. Russia: Security Paper Market, by Type, 2019-2032 (USD Billion)
7.5. Security Paper Market – Asia Pacific
7.5.1. Asia Pacific: Security Paper Market, by Application, 2019-2032 (USD Billion)
7.5.2. Asia Pacific: Security Paper Market, by Type, 2019-2032 (USD Billion)
7.5.3. Security Paper Market – China
7.5.3.1. China: Security Paper Market, by Application, 2019-2032 (USD Billion)
7.5.3.2. China: Security Paper Market, by Type, 2019-2032 (USD Billion)
7.5.4. Security Paper Market – India
7.5.4.1. India: Security Paper Market, by Application, 2019-2032 (USD Billion)
7.5.4.2. India: Security Paper Market, by Type, 2019-2032 (USD Billion)
7.5.5. Security Paper Market – Malaysia
7.5.5.1. Malaysia: Security Paper Market, by Application, 2019-2032 (USD Billion)
7.5.5.2. Malaysia: Security Paper Market, by Type, 2019-2032 (USD Billion)
7.5.6. Security Paper Market – Japan
7.5.6.1. Japan: Security Paper Market, by Application, 2019-2032 (USD Billion)
7.5.6.2. Japan: Security Paper Market, by Type, 2019-2032 (USD Billion)
7.5.7. Security Paper Market – Indonesia
7.5.7.1. Indonesia: Security Paper Market, by Application, 2019-2032 (USD Billion)
7.5.7.2. Indonesia: Security Paper Market, by Type, 2019-2032 (USD Billion)
7.5.8. Security Paper Market – South Korea
7.5.8.1. South Korea: Security Paper Market, by Application, 2019-2032 (USD Billion)
7.5.8.2. South Korea: Security Paper Market, by Type, 2019-2032 (USD Billion)
7.6. Security Paper Market – Middle East & Africa
7.6.1. Middle East & Africa: Security Paper Market, by Application, 2019-2032 (USD Billion)
7.6.2. Middle East & Africa: Security Paper Market, by Type, 2019-2032 (USD Billion)
7.6.3. Security Paper Market – Saudi Arabia
7.6.3.1. Saudi Arabia: Security Paper Market, by Application, 2019-2032 (USD Billion)
7.6.3.2. Saudi Arabia: Security Paper Market, by Type, 2019-2032 (USD Billion)
7.6.4. Security Paper Market – UAE
7.6.4.1. UAE: Security Paper Market, by Application, 2019-2032 (USD Billion)
7.6.4.2. UAE: Security Paper Market, by Type, 2019-2032 (USD Billion)
7.6.5. Security Paper Market – Israel
7.6.5.1. Israel: Security Paper Market, by Application, 2019-2032 (USD Billion)
7.6.5.2. Israel: Security Paper Market, by Type, 2019-2032 (USD Billion)
7.6.6. Security Paper Market – South Africa
7.6.6.1. South Africa: Security Paper Market, by Application, 2019-2032 (USD Billion)
7.6.6.2. South Africa: Security Paper Market, by Type, 2019-2032 (USD Billion)
7.7. Security Paper Market – Latin America
7.7.1. Latin America: Security Paper Market, by Application, 2019-2032 (USD Billion)
7.7.2. Latin America: Security Paper Market, by Type, 2019-2032 (USD Billion)
7.7.3. Security Paper Market – Mexico
7.7.3.1. Mexico: Security Paper Market, by Application, 2019-2032 (USD Billion)
7.7.3.2. Mexico: Security Paper Market, by Type, 2019-2032 (USD Billion)
7.7.4. Security Paper Market – Brazil
7.7.4.1. Brazil: Security Paper Market, by Application, 2019-2032 (USD Billion)
7.7.4.2. Brazil: Security Paper Market, by Type, 2019-2032 (USD Billion)
7.7.5. Security Paper Market – Argentina
7.7.5.1. Argentina: Security Paper Market, by Application, 2019-2032 (USD Billion)
7.7.5.2. Argentina: Security Paper Market, by Type, 2019-2032 (USD Billion)
8. Competitive Landscape
8.1. Expansion and Acquisition Analysis
8.1.1. Expansion
8.1.2. Acquisitions
8.2. Partnerships/Collaborations/Agreements/Exhibitions
9. Company Profiles
9.1. Domtar Corporation
9.1.1. Company Overview
9.1.2. Financial Performance
9.1.3. Product Benchmarking
9.1.4. Recent Development
9.2. Security Papers
9.2.1. Company Overview
9.2.2. Financial Performance
9.2.3. Product Benchmarking
9.2.4. Recent Development
9.3. Security Printing & Minting
9.3.1. Company Overview
9.3.2. Financial Performance
9.3.3. Product Benchmarking
9.3.4. Recent Development
9.4. Simpson Security papers
9.4.1. Company Overview
9.4.2. Financial Performance
9.4.3. Product Benchmarking
9.4.4. Recent Development
9.5. SMP-Security Paper
9.5.1. Company Overview
9.5.2. Financial Performance
9.5.3. Product Benchmarking
9.5.4. Recent Development
9.6. Goznak
9.6.1. Company Overview
9.6.2. Financial Performance
9.6.3. Product Benchmarking
9.6.4. Recent Development
9.7. HG Technology
9.7.1. Company Overview
9.7.2. Financial Performance
9.7.3. Product Benchmarking
9.7.4. Recent Development
9.8. Security Print Limited
9.8.1. Company Overview
9.8.2. Financial Performance
9.8.3. Product Benchmarking
9.8.4. Recent Development
9.9. China Banknote Printing
9.9.1. Company Overview
9.9.2. Financial Performance
9.9.3. Product Benchmarking
9.9.4. Recent Development
9.10. Fedrigoni Group
9.10.1. Company Overview
9.10.2. Financial Performance
9.10.3. Product Benchmarking
9.10.4. Recent Development
9.11. Document Security Systems
9.11.1. Company Overview
9.11.2. Financial Performance
9.11.3. Product Benchmarking
9.11.4. Recent Development
9.12. Gemini Graphics
9.12.1. Company Overview
9.12.2. Financial Performance
9.12.3. Product Benchmarking
9.12.4. Recent Development
9.13. Pura Group
9.13.1. Company Overview
9.13.2. Financial Performance
9.13.3. Product Benchmarking
9.13.4. Recent Development
9.14. Shandong Hirun Paper
9.14.1. Company Overview
9.14.2. Financial Performance
9.14.3. Product Benchmarking
9.14.4. Recent Development
9.15. Giesecke+Devrient
9.15.1. Company Overview
9.15.2. Financial Performance
9.15.3. Product Benchmarking
9.15.4. Recent Development

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