Global Security Paper Market By Type, By Component, By Geographic Scope And Forecast
Security Paper Market Size And Forecast
Security Paper Market was valued at USD 11.27 Billion in 2018 and is projected to reach USD 16.65 Billion by 2026, growing at a CAGR of 5.06% from 2019 to 2026.
Global Security Paper Market Overview
The security paper is used to authorize/validate an original document. It is one of the prominent methods for detecting, counterfeiting, forgery, and other document-related frauds. Its wide use for printing currency, legal, and government documents is anticipated to drive the market. It finds its applications in various functions like printing currency, legal, and governmental documents. Increase in forged documents and bank/currency notes has led to major losses to organizations and governments, throughout the globe. Rapidly rising demand for technologies that verifies the original papers in bank checks and currency printing is further anticipated to drive the product demand. Top companies in currency notes papers are now shifting their attention on exploring new business opportunities and expanding their product portfolio to meet the need of governance, corporate, and education sector.
Global Security Paper Market: Segmentation Analysis
Security Paper Market is segmented based on Type, Component, And Geography.
Key Players in Security Paper Market
The Global Security Paper Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as
- De La Rue PLC
- Fedrigoni Group
- Security Printing and Minting Corporation of India Limited (SPMCIL)
- Real Casa De La Moneda (FNMT-RCM)
- Security Paper Limited
- China Banknote Printing and Minting Corporation (CBPM)
- Drewsen Spezialpapiere GmbH ; Co. Kg
- Document Security Systems
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