The North America Security Printing Market would witness market growth of 4.3% CAGR during the forecast period (2021-2027).
The printing of documents such as banknotes, postage stamps, cheques, tax stamps, and others is needed to be kept secured and safe from unethical tampering and duplication, and thus security printing plays a major role in the printing of such documents. The commercial, banking, and government sectors are witnessing a huge impact of the rising number of tampering and forgery cases. Moreover, the practices of counterfeiting are growing with time, which has emerged as a major concern for the printing of stock certificates, identity cards, passports, postage stamps, and product authentication. Security printing is considered as an ideal solution to avoid tempering and forgery of documents. Banking, government, commercial, and other verticals are the major verticals in the security printing market.
Additionally, enterprises are putting high investments in the R&D activities of securer technology for strong security. The governments of several nations are also supporting and implementing such innovations to minimize the economic loss that may take place because of tampering and counterfeiting. In addition, the adoption of technology and hybrid printing papers in the printing of currency is anticipated to minimize the chances of counterfeiting of currency, corruption, and money laundering, which will fuel the growth of the security printing market.
The security printing market is witnessing prominent growth in North America. This is attributed to the growing investment and scrutiny in prevention from counterfeiting documentation and currency. In addition, the government in this region has made strict laws in order to reduce the chances of tampering and duplication. Security printing assists in minimizing the amount of printing that takes place in an office. The employees in the office find it difficult to print personal documents or easily access consumables due to the strategies adopted by companies such as user authentication and print tracking management software.
Moreover, governments have taken initiatives to adopt currency printing for better regulation & governance, growing technological advancements, and rising awareness of several fraudulent activities among customers are some of the factors propelling the growth of the regional market. Further, lithographic printing is highly used in this region. Therefore, these factors are anticipated to unlock growth prospects for the regional security printing market.
The US market dominated the North America Digital Printing Security Printing Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $254.7 million by 2027. The Canada market is experiencing a CAGR of 6.6% during (2021 - 2027). Additionally, The Mexico market would witness a CAGR of 5.7% during (2021 - 2027).
Based on Function, the market is segmented into Lithographic Printing, Digital Printing, Letterpress Printing, Screen Printing, Intaglio Printing and Others. Based on Application, the market is segmented into Legal & Government Documents, Cheques, Certificates and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Security Printing Market is Estimated to reach $3.8 Billion by 2027, at a CAGR of 4.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Document Security Systems, Inc., Agfa-Gevaert N.V. (IG Farben), Ennis, Inc. (Printegra), Graphic Dimensions, Inc., Plus Technologies LLC, TROY Group, Inc., Wellspring Software, Inc., Amgraf, Inc., Graphic Security Systems Corporation, and Printech Global Secure Payment Solutions LLC.
Scope of the Study
Market Segments Covered in the Report:
By Function
- Lithographic Printing
- Digital Printing
- Letterpress Printing
- Screen Printing
- Intaglio Printing
- Others
By Application
- Legal & Government Documents
- Cheques
- Certificates
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Document Security Systems, Inc.
- Agfa-Gevaert N.V. (IG Farben)
- Ennis, Inc. (Printegra)
- Graphic Dimensions, Inc.
- Plus Technologies LLC
- TROY Group, Inc.
- Wellspring Software, Inc.
- Amgraf, Inc.
- Graphic Security Systems Corporation
- Printech Global Secure Payment Solutions LLC
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Security Printing Market, by Function
1.4.2 North America Security Printing Market, by Application
1.4.3 North America Security Printing Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Recent Industry Wide Strategic Developments - Global
3.1 Partnerships, Collaborations and Agreements
3.2 Product Launches and Product Expansions
3.3 Acquisition and Mergers
3.4 Geographical Expansions
3.5 Top Winning Strategies
3.5.1 Key Leading Strategies: Percentage Distribution (2017-2021)
Chapter 4. North America Security Printing Market by Function
4.1 North America Lithographic Printing Security Printing Market by Country
4.2 North America Digital Printing Security Printing Market by Country
4.3 North America Letterpress Printing Security Printing Market by Country
4.4 North America Screen Printing Security Printing Market by Country
4.5 North America Intaglio Printing Security Printing Market by Country
4.6 North America Other Function Security Printing Market by Country
Chapter 5. North America Security Printing Market by Application
5.1 North America Legal & Government Documents Security Printing Market by Country
5.2 North America Cheques Security Printing Market by Country
5.3 North America Certificates Security Printing Market by Country
5.4 North America Others Security Printing Market by Country
Chapter 6. North America Security Printing Market by Country
6.1 US Security Printing Market
6.1.1 US Security Printing Market by Function
6.1.2 US Security Printing Market by Application
6.2 Canada Security Printing Market
6.2.1 Canada Security Printing Market by Function
6.2.2 Canada Security Printing Market by Application
6.3 Mexico Security Printing Market
6.3.1 Mexico Security Printing Market by Function
6.3.2 Mexico Security Printing Market by Application
6.4 Rest of North America Security Printing Market
6.4.1 Rest of North America Security Printing Market by Function
6.4.2 Rest of North America Security Printing Market by Application
Chapter 7. Company Profiles
7.1 Document Security Systems, Inc.
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Regional Analysis
7.1.4 Research & Development Expenses
7.1.5 Recent strategies and developments:
7.1.5.1 Geographical Expansions:
7.2 Agfa-Gevaert N.V. (IG Farben)
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Regional & Segmental Analysis
7.2.4 Research & Development Expenses
7.2.5 Recent strategies and developments:
7.2.5.1 Partnerships, Collaborations, and Agreements:
7.2.5.2 Acquisitions and Mergers:
7.2.5.3 Product Launches and Product Expansions:
7.3 Ennis, Inc. (Printegra)
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Recent strategies and developments:
7.3.3.1 Acquisitions and Mergers:
7.4 Graphic Dimensions, Inc.
7.4.1 Company Overview
7.5 Plus Technologies LLC
7.5.1 Company Overview
7.5.2 Recent strategies and developments:
7.5.2.1 Partnerships, Collaborations, and Agreements:
7.5.2.2 Product Launches and Product Expansions:
7.6 TROY Group, Inc.
7.6.1 Company Overview
7.6.2 Recent strategies and developments:
7.6.2.1 Partnerships, Collaborations, and Agreements:
7.7 Wellspring Software, Inc.
7.7.1 Company Overview
7.8 Amgraf, Inc.
7.8.1 Company Overview
7.9 Graphic Security Systems Corporation
7.9.1 Company Overview
7.10. Printech Global Secure Payment Solutions LLC
7.10.1 Company Overview
TABLE 1 North America Security Printing Market, 2017 - 2020, USD Million
TABLE 2 North America Security Printing Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Security Printing Market
TABLE 4 Product Launches And Product Expansions– Security Printing Market
TABLE 5 Acquisition and Mergers– Security Printing Market
TABLE 6 Geographical Expansions– Security Printing Market
TABLE 7 North America Security Printing Market by Function, 2017 - 2020, USD Million
TABLE 8 North America Security Printing Market by Function, 2021 - 2027, USD Million
TABLE 9 North America Lithographic Printing Security Printing Market by Country, 2017 - 2020, USD Million
TABLE 10 North America Lithographic Printing Security Printing Market by Country, 2021 - 2027, USD Million
TABLE 11 North America Digital Printing Security Printing Market by Country, 2017 - 2020, USD Million
TABLE 12 North America Digital Printing Security Printing Market by Country, 2021 - 2027, USD Million
TABLE 13 North America Letterpress Printing Security Printing Market by Country, 2017 - 2020, USD Million
TABLE 14 North America Letterpress Printing Security Printing Market by Country, 2021 - 2027, USD Million
TABLE 15 North America Screen Printing Security Printing Market by Country, 2017 - 2020, USD Million
TABLE 16 North America Screen Printing Security Printing Market by Country, 2021 - 2027, USD Million
TABLE 17 North America Intaglio Printing Security Printing Market by Country, 2017 - 2020, USD Million
TABLE 18 North America Intaglio Printing Security Printing Market by Country, 2021 - 2027, USD Million
TABLE 19 North America Other Function Security Printing Market by Country, 2017 - 2020, USD Million
TABLE 20 North America Other Function Security Printing Market by Country, 2021 - 2027, USD Million
TABLE 21 North America Security Printing Market by Application , 2017 - 2020, USD Million
TABLE 22 North America Security Printing Market by Application , 2021 - 2027, USD Million
TABLE 23 North America Legal & Government Documents Security Printing Market by Country, 2017 - 2020, USD Million
TABLE 24 North America Legal & Government Documents Security Printing Market by Country, 2021 - 2027, USD Million
TABLE 25 North America Cheques Security Printing Market by Country, 2017 - 2020, USD Million
TABLE 26 North America Cheques Security Printing Market by Country, 2021 - 2027, USD Million
TABLE 27 North America Certificates Security Printing Market by Country, 2017 - 2020, USD Million
TABLE 28 North America Certificates Security Printing Market by Country, 2021 - 2027, USD Million
TABLE 29 North America Others Security Printing Market by Country, 2017 - 2020, USD Million
TABLE 30 North America Others Security Printing Market by Country, 2021 - 2027, USD Million
TABLE 31 North America Security Printing Market by Country, 2017 - 2020, USD Million
TABLE 32 North America Security Printing Market by Country, 2021 - 2027, USD Million
TABLE 33 US Security Printing Market, 2017 - 2020, USD Million
TABLE 34 US Security Printing Market, 2021 - 2027, USD Million
TABLE 35 US Security Printing Market by Function, 2017 - 2020, USD Million
TABLE 36 US Security Printing Market by Function, 2021 - 2027, USD Million
TABLE 37 US Security Printing Market by Application , 2017 - 2020, USD Million
TABLE 38 US Security Printing Market by Application , 2021 - 2027, USD Million
TABLE 39 Canada Security Printing Market, 2017 - 2020, USD Million
TABLE 40 Canada Security Printing Market, 2021 - 2027, USD Million
TABLE 41 Canada Security Printing Market by Function, 2017 - 2020, USD Million
TABLE 42 Canada Security Printing Market by Function, 2021 - 2027, USD Million
TABLE 43 Canada Security Printing Market by Application , 2017 - 2020, USD Million
TABLE 44 Canada Security Printing Market by Application , 2021 - 2027, USD Million
TABLE 45 Mexico Security Printing Market, 2017 - 2020, USD Million
TABLE 46 Mexico Security Printing Market, 2021 - 2027, USD Million
TABLE 47 Mexico Security Printing Market by Function, 2017 - 2020, USD Million
TABLE 48 Mexico Security Printing Market by Function, 2021 - 2027, USD Million
TABLE 49 Mexico Security Printing Market by Application , 2017 - 2020, USD Million
TABLE 50 Mexico Security Printing Market by Application , 2021 - 2027, USD Million
TABLE 51 Rest of North America Security Printing Market, 2017 - 2020, USD Million
TABLE 52 Rest of North America Security Printing Market, 2021 - 2027, USD Million
TABLE 53 Rest of North America Security Printing Market by Function, 2017 - 2020, USD Million
TABLE 54 Rest of North America Security Printing Market by Function, 2021 - 2027, USD Million
TABLE 55 Rest of North America Security Printing Market by Application , 2017 - 2020, USD Million
TABLE 56 Rest of North America Security Printing Market by Application , 2021 - 2027, USD Million
TABLE 57 Key information – Document Security Systems, Inc.
TABLE 58 Key information – Agfa-Gevaert N.V.
TABLE 59 Key information – Ennis, Inc.
TABLE 60 Key information – Graphic Dimensions, Inc.
TABLE 61 Key information – Plus Technologies LLC
TABLE 62 Key information – TROY Group, Inc.
TABLE 63 Key information – Wellspring Software, Inc.
TABLE 64 Key information – Amgraf, Inc.
TABLE 65 Key information – Graphic Security Systems Corporation
TABLE 66 Key information – Printech Global Secure Payment Solutions LLC
List of Figures
FIG 1 Methodology for the research
FIG 2 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 3 Recent strategies and developments: Agfa-Gevaert N.V. (IG Farben)
FIG 4 Recent strategies and developments: Plus Technologies LLC