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Worldwide Security Printing Industry to 2026 - Banknotes Hold a Significant Share in the Market - ResearchAndMarkets.com
February 15, 2021 GMT
DUBLIN (BUSINESS WIRE) Feb 15, 2021
The Security Printing Market was valued at USD 29.78 billion at a CAGR of over 4.5% during the forecast period, 2021 - 2026.
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Royal Mint (Fabrica Nacional de Moneda y Timbre)
Giesecke+Devrient Currency Technology GmbH
Orell Fussli Security Printing
Banknotes Holds the Significant Share in The Market
Due to the increase in both domestic and international polymer counterfeiting globally, it stands as a major factor in the decision by the Bank to begin upgrading banknotes. The substrate of most banknotes is made of paper, almost always from cotton fibers for strength and durability. In some cases, linen or specialty coloured or forensic fibers are added to give the paper added individuality and
Banknotes Holds the Significant Share in The Market
Due to the increase in both domestic and international polymer counterfeiting globally, it stands as a major factor in the decision by the Bank to begin upgrading banknotes. The substrate of most banknotes is made of paper, almost always from cotton fibers for strength and durability. In some cases, linen or specialty coloured or forensic fibers are added to give the paper added individuality and protect against counterfeiting.
Various new techniques related to security features are being innovated to enhance the security of banknotes. For instance, in Oct 2019, Nanotech Security Corp. launched its KolourDepth banknote security feature. KolourDepth combines 3D, multi-color, and movement for inherent authentication and unparalleled currency security which are all in one design. With a combination of unique visual design options, proprietary algorithms, and specialized manufacturing techniques, KolourDepth delivers effortless authen