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.
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 Attribute |
Details |
Market Size in 2019 |
USD 575 Million |
Projected Market Size in 2026 |
745 Million by 2026 |
CAGR Growth Rate |
4% CAGR |
Base Year |
2019 |
Forecast Years |
2020-2026 |
Key Market Players |
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. |
Key Segment |
By Printing Technique, By Application, By Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
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The taxonomy of the Security Ink Market by its scope and segmentation is as follows:
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