Our exclusive content:
- The impact of continued exponential growth in population, especially booming middle classes, on security papers
- How the continued efforts of counterfeiters is pushing the industry to develop better security features
- The impact COVID-19 is having on this niche industry.
The global security papers market is about one million tonnes and is declining in volume by about 0.3% annually, while the spending is increasing by about 2%. In 2020, there is an increased demand for banknotes, but overall paper volume is down for other grades. The forecast for 2019–25 is spending growth of 1.8% CAGR overall, but volumes are expected to decline at -0.2% CAGR.
The report describes various technologies for providing different levels of security to paper products, either overt (easily observed by users), covert (requiring a tool such as a magnifier or a UV light to be seen) or forensic (usually measured in a laboratory). In 2015–19 there was growth in spending of between 3 and 7% CAGR on these technologies.
What will you discover?
Who should buy the report?
- The largest and fastest growing end use sector in security papers
- New and innovative technologies changing the face of the security paper industry
- The impact forgery is having on the industry and the steps being taken to counter these efforts.
The Smithers methodology
- Security printers
- Equipment and machinery suppliers
- Consumable suppliers
- Security technology integrators
- Industry consultants, investors, regulators and analysts.
This report is based on extensive primary and secondary research. Primary research consisted of interviews with suppliers, printers and experts drawn from key markets. This was supported by secondary research in the form of extensive literature analysis of published data, official government statistics, domestic and international trade organisation data, company websites, industry reports, trade press articles, presentations, and attendance at trade events.
About the author:
Martin Fairbank earned a Ph.D. in chemistry from the University of Victoria, BC, Canada. He worked for 28 years with Resolute Forest Products, in applied research, technology application, product development, lean manufacturing implementation, and energy management. For two years he worked at Natural Resources Canada on the Pulp and Paper Green Transformation project. Since 2016 he has run his own consulting business, focusing on providing technical expertise to clients as well as writing articles for several print and online publishers, including Pulp & Paper Canada and PaperAdvance.