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.

Statistic 1

"The global Security Paper market size is expected to reach USD 23.03 billion by 2027."

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Statistic 2

"The global Security Paper market is projected to grow at a CAGR of 5.63% from 2021 to 2027."

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Statistic 3

"The Asia Pacific market is expected to witness substantial growth over the forecast period, and grow at a CAGR of 6.1%."

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Statistic 4

"Banknotes application segment in Security Paper market accounts for 62.5% of global revenue."

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Statistic 5

"The market size in Europe was USD 4.55 billion in 2019."

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Statistic 6

"Passport/VISA application segment is expected to expand at a CAGR of 5.7% over the forecast period."

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Statistic 7

"North America accounted for 23.6% of the Security Paper industry total revenue in 2019."

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Statistic 8

"Security Paper market in Latin America is expected to grow substantially at a CAGR of 5.2% from 2021 to 2027."

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Statistic 9

"The global market for security paper is projected to reach US$16.6 billion by 2025."

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Statistic 10

"By 2025, the Europe market is expected to scale a size of US$4.5 billion."

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Statistic 11

"The Security Paper industry seems to be moderately competitive with a moderate number of players."

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Statistic 12

"The number of counterfeit incidents reached 15,262 in 2020 globally."

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Statistic 13

"North America Security Paper Market is expected to reach a value of USD 8.16 billion by 2021."

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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)."

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Statistic 15

"South America Security Paper Market is estimated to grow at a CAGR of 4.9% during 2021-2026."

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Statistic 16

"Security Paper market in Africa is expected to grow at a CAGR of 4.8% between 2021 and 2026."

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Statistic 17

"The counterfeit incidents were highest in Europe during 2020 with 9,146 incidents reported."

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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."

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