According to a market report by Lucintel, the future of the global security printing market looks promising with opportunities in the cheque, bank note, legal & government document, certificate, and personal ID markets. The global security printing market is expected to grow with a CAGR of 7.6% from 2024 to 2030. The major drivers for this market are rising security threat of counterfeiting, identity theft, and document forgery necessitates, increasing fraudulent activity in financial institutions, personal identities, and tax and postal stamps, along with growing customer knowledge of fraud and counterfeiting operations.
A more than 150-page report to understand trends, opportunity and forecast in security printing market to 2030 by printing type (screen printing, letterpress printing, digital printing, lithographic printing, intaglio printing, and others), application (cheques, copyright, legal & government documents, certificates, personal ID, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the printing type category, lithographic printing segment will remain the largest segment over the forecast period due to its capacity to continuously provide great picture quality.
Within the application category, personal ID will remain the largest segment due to increase in international travel, a growth in economic prospects, and improved mobility for job and education.
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In terms of regions, North America will remain the largest region over the forecast period due to the region broad use of lithography and screen printing.
Agfa-Gevaert Group, Amgraf, GRAPHIC SECURITY SYSTEMS, Ennis, The Flesh Company, TROY Group, Wellspring Software are the major suppliers in the security printing market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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