MarketResearch.biz announces publication of its most recently generated research report titled, “Global Security Ink Market by Type (Intaglio Inks, Silkscreen Inks, Letterpress Inks, Offset Inks, and Others), by Application (Banknotes, Official Identity Documents, Tax Banderoles, and Security Labels) and by Region/Country – Global Forecast to 2028.”, which offers a holistic view of the security ink market through systematic segmentation that covers every aspect of the target market. The first five-year cumulative revenue (2019–2023) is projected to be more than US$ 3.5 Bn, which is expected to increase significantly over the latter part of the five-year forecast period.
Security inks are used in security printing industry that is aimed in preventing counterfeiting, forgery or tampering of confidential and high privacy documents such as checks, passports, stock certificates, security labels etc.
Browse the full “Security Ink Market By Type (Intaglio Inks, Silkscreen Inks, Letterpress Inks, Offset Inks) By Application (Banknotes, Official Identity Documents, Tax Banderoles, Security Labels) and Region – Global Forecast 2026” report at https://marketresearch.biz/report/security-ink-market/
Global Security Ink Market: Market Dynamics
Key factor expected to drive growth of the global security ink market is increasing occurrence of forgery and counterfeiting activities in various sectors across the globe, especially banking and financial sector where there is a continuous flow of private and confidential information.
In addition, increasing need for brand protection is expected to drive demand for security inks, which in turn is expected to drive growth of the global market over the forecast period. Brand protection have gained traction owing to need for prevention against brand theft, protection of business from unnecessary expenses.
Security ink shields customers from deception, extortion, and physical damage (on account of pharmaceuticals). Security ink has an extensive variety of application, and is utilized on shows and sports tickets, coupons, high-dollar branded items, for example, watches and bags, professionally prescribed medicine bottles, lottery tickets, official identity records, tax banderoles, and numerous others. These factors are expected to drive growth of the global security ink market over the forecast period.
Expanding demonetization activities across various countries is resulting in rising number of notes printing, which is expected to drive demand for security inks, leading to growth of the global market over the forecast period. In November 2016, the Indian government executed a demonetization strategy and restricted utilize and dissemination of old cash, and replaced old money of specific denomination with new ones. This activity was to accomplish three fundamental destinations: battle dark cash difficulties, debasement, and psychological warfare financing. This led to an increase in demand for security ink and resulted in high growth of the global security ink market.
Global Security Ink Market: Market Forecast
The comprehensive research report comprises a complete forecast of the global security ink market based on factors affecting the market and their impact in the foreseeable future. According to the forecast projections, revenue from the global security ink market is expected to expand at a CAGR of 4.0% during the forecast period.
Global Security Ink Market: Segmental Snapshot
The market report has been segmented on the basis of type, application, and region/country. The type segment includes intaglio inks, silkscreen inks, letterpress inks, offset inks, and others. The application segment includes application, banknotes, official identity documents, tax banderoles, security labels and others. The regions/countries covered in the report include US, Europe, Japan, China, India, Southeast Asia, South America, South Africa, and Rest of the World.
By Product type: The intaglio inks segment is expected to register highest CAGR of over 4% over the forecast period
By Application: The security labels segment is expected to register highest CAGR of over 4.1% over the forecast period
By Region/Country: The market in Japan is expected to register highest CAGR of over 4.9% over the forecast period
Global Security Ink Market: Competitive Analysis
The research report on the global security ink market include profiles of some of major companies such as HOLDING SA, Sun Chemical Corporation, Microtrace, LLC, Chromatic Technologies, Inc. (CTI), Gleitsmann Security Inks GmbH, Kao Corporation (Kao Collins Inc.), The Cronite Company, VILLIGER SECURITY SOLUTIONS AG, Eastman Kodak Company, Shojudo Co., Ltd.
The Global Security Ink Market: Global Industry, Size, Share, Growth, Trends, and Forecast, 2019–2028 report has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the present scenario and the growth prospects of the global security inks market for 2018–2028.
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