Security Ink Market Size, Share Global Analysis Report, 2019–2026

Industry Insights

This professional and specialized report study examines the technical and business perspective of the security ink industry. The report provides a historical analysis of the industry as well as the projected trends expected to be witnessed in the security ink market. The report study analyzes the market statistics at the global as well as the regional levels to gain an in-depth perspective of the overall security ink market.

The historical insights are provided from 2016 to 2019 and projected trends are provided from 2020 to 2026. The quantitative data is provided in terms of both volume (Units) and value (USD Million) for 2016 – 2026. The qualitative data is reinforced by analyzing and providing numerous market dynamics (directly or indirectly affecting the industry) such as growth drivers, restraints, challenges, and opportunities.

We have included various industry analysis models in our report and extensively demonstrated the key business strategies and competitive landscape of the security ink market in our study.

Key Insights from Primary Research

• As per our primary respondents, the security ink market is set to grow annually at a rate of around 3.81%.
• It was established through primary research that the security ink market was valued at around USD 550 billion in 2018.
• In terms of volume, the security ink market stood at around 1,276.09 MT, in 2018.
• The “Letterpress Printing” category, on the basis of printing technique segmentation, was the leading revenue-generating category accounting for around 29.45% share, in 2018.
• On the basis of application segmentation, the “banknote” category held the leading share at more than 29%, in 2018.

Key Recommendations from Analysts

• As per our analysts, Europe is accounting for the major share in global revenue generated in the security ink market. Further, the region is anticipated to remain in a dominant position during the forecast period.
• The increasing application of security ink in the banknote industry is estimated to offer potential market opportunities. The segment is estimated to grow at a CAGR of 3.5% during 2020-2026.
• Security labels are identified as a key market driver in the near future owing to its application across diversified industry sectors.
• The emergence of various techniques in silkscreen printing is estimated to propel the demand for security ink significantly.

Global Security Ink Market Value Share, by Printing Technique

Our study also includes an analysis of Porter’s Five Forces framework for understanding the competitive strategies adopted by various stakeholders involved in the entire value chain of the security ink market. It also encompasses PESTLE analysis and SWOT analysis.

The report also offers an in-depth analysis of the market shares of each industry player and gives an outline of the market position of key players in the security ink market. Moreover, the study offers wide coverage of key strategic advances witnessed in the market such as new product launches, acquisitions & mergers, collaborations & joint ventures, funding & VC activities, agreements, partnerships, R&D activities, and regional expansion of key players of the security ink market.

The research study provides a critical assessment of the security ink industry by logically segmenting the market on the basis of printing techniques, applications,and regions. Based on the past, present, and future trends, all the segments were analyzed from the bottom up, and the market sizes have been estimated from 2020 to 2026. The regional segmentation of the security ink industry includes the holistic bifurcation of all the five major continents including North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

The increasing importance of security printing coupled with high investment in related sectors across both the developed and developing countries is anticipated to boost the market demand in the coming years. Moreover, the key companies operating in the industry are increasingly expanding research and development operations. Moreover, growing awareness about document security and high instances of forgery and counterfeiting is expected to offer significant opportunities for market expansion in the coming years.

The expansion of application industries across developing countries such as India and China is contributing to the overall market growth in the Asia Pacific. Further, the mandatory use of tax banderols by law on tax stamps and cigarettes is driving the high demand for security ink. The key vendors are strongly investing in niche product mix to acquire potential customer base in developing regions.

The Security Ink market is segmented based on printing techniques and applications.  On the basis of printing technique segmentation, the market is classified into Intaglio Printing, Silkscreen Printing, Letterpress Printing, Others (Offset printing, Microprinting, Flexographic, etc.). In terms of Application segmentation, the market is bifurcated into Banknote, Official Identity Documents, Tax Banderoles, Security Labels, and Others (Tickets, Gift Vouchers, Cheques, etc.)

Some of the essential players operating in the Security Ink market, but not restricted to include SICPA, Sun Chemical, Microtrace, LLC, Chromatic Technologies Inc, Gleitsmann Security Inks GmbH, Kao Collins Corporation, Gans Ink & Supply, ANY Security Printing Company PLC, PingWei Anti-forgery Ink Limited, Letong Chemical Co., LTD, Ink Tec Inc, Villager Security Solutions AG, Hologramas de Mexico, HuberGroup, Flint Group.

Report Scope

The taxonomy of the Security Ink Market by its scope and segmentation is as follows:

Some of the essential players operating in the Security Ink market, but not restricted to include

• SICPA
• Sun Chemical
• Microtrace LLC
• Chromatic Technologies Inc
• Gleitsmann Security Inks GmbH
• Kao Collins Corporation
• Gans Ink & Supply
• ANY Security Printing Company PLC
• PingWei Anti-forgery Ink Limited
• Letong Chemical Co.Ltd
• Ink Tec Inc
• Villager Security Solutions AG
• Hologramas de Mexico
• Huber Group
• Flint Group

By Printing TechniqueSegmentation Analysis

• Intaglio Printing
• Silkscreen Printing
• Letterpress Printing
• Others (Offset printing, Microprinting, Flexographic, etc.)

By Application Segmentation Analysis

• Banknote
• Official Identity Documents
• Tax Banderoles
• Security Labels
• Others (Tickets, Gift Vouchers, Cheques, etc.)

Regional Segmentation Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

KEY BUSINESS POINTERS ADDRESSED & FOREMOST REASONS TO PROCURE THE REPORT:

• Statistical Analysis of the Past, Current, and Future Trends of the Industry with Validated Market Sizes Data
• Direct and Indirect Rationales Impacting the Industry
• In-depth and Micro Analysis of Viable Segments and Sub-segments
• Companies and Vendors Market Share, Competitive Landscape, and Player Positioning Analysis
• Demand Side (Consumption) and Supply Side (Production) Perspective and Analysis wherever applicable
• Key Buyers and End-Users Analysis
• Value Chain and Manufacturing Cost Structure Analysis wherever relevant
• Key Marketing Strategies as well as Key Sales Channels adopted in the market
• Investment Opportunity Analysis & Patents Analysis wherever feasible
• Technological Road Map & Technical Analysis
• Robust Research Methodology comprising dynamic mix (65%~35%) of Extensive Primary Research (primary interviews, ad-hoc surveys, questionnaires) and Protracted Secondary Research (proprietary in-house database, paid external databases, publically available validated sources)