Posted By Coherent Market Insights
Posted on September 30, 2021

Security paper is a paper which constitutes features that help qualify and identify a document as authentic or original. The use of security paper exemplifies the importance of a document and helps in distinguishing between authentic and counterfeit documents. It is widely used for printing currency, legal, and government documents.
Counterfeiting of documents and currency has augmented over the recent past, resulting in major losses being incurred by companies, governments and individuals. This has increased the demand for the development of various security features, with security paper as the most significant. However, growing digitization in the developed markets emerging economies, which ensures expeditious authenticity of documents, is a major challenge faced by the security paper market.
Top Key Players in Security Paper market: China, Banknote, Printing, and, Minting, Corporation, Ciotola, S.R.L., Document, Security, Systems, Inc., EPL, House, for, Security, Printing, Security, Paper, Limited, Sequana, Group, De, la, Rue, plc, Giesecke, &, Devrient, Fedrigoni, Group, and, Goznak.
Regional Analysis For Security Paper Market:
Besides segmental breakdown, the report is highly structured into region wise study. The regional analysis comprehensively done by the researchers highlights key regions and their dominating countries accounting for substantial revenue share in the Security Paper market. The study he
The hybrid papers make use of inks, threads, and fibers to help distinguish them from ordinary paper. Other security features such as watermarks and holograms are used to minimize the risk of counterfeiting. Tear resistance, threaded paper, UV fibers are used to help withstand wear and tear of documents that require longer lifespan. Standard security papers have a multitoned watermark and is made using cotton, pulp and plastic. This paper is widely used for passports, licenses, tickets, vouchers, vehicle papers, policies, and excise seals. TonerFix security paper is specifically used for laser printing, and maintains the clarity of adhesive tapes Tonefix papers are used for checks, tickets, vehicle papers, contractor ID cards, and transport documents. JetFix security paper, suitable for inkjet printing offers excellent film adhesion and immediately ink absorb, without any smearing. Color pigments are deeply embedded in this paper, making it useful for ID cards, ID papers and visas. The largest application of security paper is currency, which employs multiple security features in the same paper. With growing counterfeiting activities, demand for improved security features have increased.
Security Paper Market Outlook
- Asia Pacific is the largest market for security paper, as the largely populated countries –India and China are present here. The use of security paper across all applications is swiftly increasing in these countries, with currency printing being the largest application. With increasing population and strong economic growth, the security paper industry in Asia Pacific, is expected to flourish over the forecast period. North America is the second largest market for security paper. The US dollar is the world’s most used reserve currency and the most traded currency in the foreign exchange market.
- Europe is a shrinking market for security paper due to increased digitization in both, government and private dealings. Moreover, use of plastic currency i.e. credit and debit cards has reduced demand for paper currency. Sweden is poised to become the first country to shift to completely digitized currency system.
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