Paper – Global Market Outlook (2017-2026)” report has been
added to ResearchAndMarkets.com’s offering.
The Global Security Paper market accounted for $11.25 billion in 2017
and is expected to reach $22.72 billion by 2026 growing at a CAGR of
Factors such as growing awareness about the frauds in consumer groups,
increasing demand for reprinting the official documents, rising usage of
security features such as holograms, water marks etc, and growth in band
protection are fuelling the market growth.
Furthermore, increase in the anti counterfeiting technologies and
technological advancements provide abundant growth opportunities for the
market during the forecast period.
However, rising digitization is hampering the market growth and strict
government regulations are hampering the market growth.
Based on Security feature, hybrid paper segment is projected to be the
fastest-growing segment due to the need for safeguarding security
documents from anti-counterfeiting technologies.
By application, bank notes segment is expected to grow at a highest CAGR
during the forecast period. The growth of this segment can be attributed
to printing and reprinting of currency notes, increasing demand of
photocopying official documents and circulation of money.
For more information about this report visit https://www.researchandmarkets.com/research/j5wwrp/global_security?w=4
View source version on businesswire.com: https://www.businesswire.com/news/home/20180622005565/en/