GITNUX MARKETDATA REPORT 2024
Security Paper Industry Statistics
The security paper industry is expected to experience steady growth due to increased demand for secure documents and packaging solutions.
In this post, we present an analysis of key statistics in the global Security Paper industry, shedding light on market size projections, regional growth trends, application segments, and counterfeit incident data. With insights ranging from market forecast figures to specific regional market dynamics, this overview aims to provide a comprehensive understanding of the current landscape and future prospects of the Security Paper sector.
Statistic 1
"The global Security Paper market size is expected to reach USD 23.03 billion by 2027."
Statistic 2
"The global Security Paper market is projected to grow at a CAGR of 5.63% from 2021 to 2027."
Statistic 3
"The Asia Pacific market is expected to witness substantial growth over the forecast period, and grow at a CAGR of 6.1%."
Statistic 4
"Banknotes application segment in Security Paper market accounts for 62.5% of global revenue."
Statistic 5
"The market size in Europe was USD 4.55 billion in 2019."
Statistic 6
"Passport/VISA application segment is expected to expand at a CAGR of 5.7% over the forecast period."
Statistic 7
"North America accounted for 23.6% of the Security Paper industry total revenue in 2019."
Statistic 8
"Security Paper market in Latin America is expected to grow substantially at a CAGR of 5.2% from 2021 to 2027."
Statistic 9
"The global market for security paper is projected to reach US$16.6 billion by 2025."
Statistic 10
"By 2025, the Europe market is expected to scale a size of US$4.5 billion."
Statistic 11
"The Security Paper industry seems to be moderately competitive with a moderate number of players."
Statistic 12
"The number of counterfeit incidents reached 15,262 in 2020 globally."
Statistic 13
"North America Security Paper Market is expected to reach a value of USD 8.16 billion by 2021."
Statistic 14
"As per Mordor Intelligence, the MEA region is expected to grow at a CAGR of 5.50%, during the forecast period (2021-2026)."
Statistic 15
"South America Security Paper Market is estimated to grow at a CAGR of 4.9% during 2021-2026."
Statistic 16
"Security Paper market in Africa is expected to grow at a CAGR of 4.8% between 2021 and 2026."
Statistic 17
"The counterfeit incidents were highest in Europe during 2020 with 9,146 incidents reported."
Statistic 18
"The largest share in the Security Paper Market based on application is held by currency notes with an estimated growth rate of 5.7% between 2021-2027."
Jannik Lindner
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The statistics are checked by us and then entered into the database. Our market data reports have been linked to by some of the largest publishers and companies on the Internet.