Microprinting Market Size- By Type, By Substrate Type, By Ink Type, By Print Type, By End-User- Regional Outlook, Competitive Strategies and Segment Forecast to 2032
Global Microprinting Market Overview
According to SPER Market Research, the Global Microprinting Market is estimated to reach USD 1.02 billion by 2032 with a CAGR of 5.26%. As a security measure, alphabetic letters and numbers are printed on bank checks, banknotes, stamps, and other valuables using the anti-counterfeiting process known as microprinting. The placement of the microprint is typically in a region of the item that is undetectable to the naked eye. As when these characters are printed and appear as lines or dots on a document, documents containing microprinted characters cannot be reproduced.
Impact of COVID-19 on the Global Microprinting Market The COVID-19 pandemic outbreak has had a negative impact on a number of sectors and manufacturing facilities around the world. Production and logistics have substantially decreased in many industrial areas. The deteriorating economic state of various countries has also had an influence on industries. The supply chain disruption stopped the e-commerce sector, which employs microprinted labels, tags, and packaging and is one of the main consumers of the technology.
Scope of the Report: Report Metric Details
Market size available for years 2019-2032
Base year considered 2021
Forecast period 2022-2032
Segments covered By Type, By Substrate Type, By Ink Type, By Print Type, By End-User.
Regions covered Asia-Pacific, Europe, Middle East and Africa, North America, Latin America
Companies Covered Brady Worldwide Inc., Canon Inc., H.P. Development Company L.P., Huber Group, Matica Technologies Group S.A., Ricoh, Videojet Technologies Inc., Xerox Corporation, Zebra Technologies Corp.
Global Microprinting Market Segmentation:
By Substrate Type: Based on the Substrate Type, Global Microprinting Market is segmented as; Metal, Paper, Plastic
By Ink Type: Based on the Ink Type, Global Microprinting Market is segmented as; Infrared Ink Markings, Magnetic Inks, Micro-Embossing, Special Inks, UV Invisible Inks
By Region: The Global Microprinting Market is segmented into North America, Europe, Asia Pacific, and the Rest of the World based on geography. Microprinting's top two markets are in North America and Europe.