The Europe Security Paper Market would witness market growth of 6.5% CAGR during the forecast period (2019-2025).
Many significant currency note paper manufacturers are now focused on exploring new business possibilities and extending their product portfolio to satisfy the evolving social, educational, and healthcare needs. These businesses are operating vigorously as part of their product development strategy to develop emerging technologies such as magnetic microwires and holograms.
The growing adoption of security has allowed companies, people, and regulatory institutions to bring down the misuse of important documents. The processors also help businesses to develop custom documents, including holograms, watermarks, threads, and UV fibers, with various characteristics and types. For banking applications, the security document used is necessary to comply with the Global Clearing Bank Standard (CBS). The CBS standard consists of a set of paper specifications defined by banks, which allow the processing of printed forms via the automatic document feeder. The existence of significant market players in countries like Germany, Spain, the United Kingdom, Russia, Italy, and France drives the European region's security paper business.
Based on Type, the market is segmented into Hybrid Paper, Watermark, Hologram, Thread & UV Fiber and Others. Based on Application, the market is segmented into Currency Notes, Bank Documents, Medical Reports & Prescription, Identity Cards & Certificates, Legal & Government, Passports & Visas and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Giesecke & Devrient GmbH, De La Rue PLC, Security Printing and Minting Corporation of India Limited, Security Paper Limited, China Banknote Printing and Minting Corporation, Drewsen Spezialpapiere GmbH & Co. KG, Document Security Systems, Inc., Fabric (BC) S.p.A., Simpson Security Papers, Inc. and Goznak FGUP.
Market Segmentation:
By Type
By Application
By Country
Companies Profiled
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