Global Microprinting Market Trends, Size, Forecast - 2019-2025


Posted August 27, 2020 by pooja1919

The global Microprinting market is projected to grow at a significant CAGR of over 5% during the forecast period.

 
The global Microprinting market is projected to grow at a significant CAGR of over 5% during the forecast period. The market growth is mainly driven by the increasing application of microprinting in the BFSI sector due to the policies and regulations in the industry and growing government initiatives for enhancement of security printing techniques coupled with increasing document forging across the globe. For instance, in 2018, around 1,000 fake travel documents were detected at Dubai International Airport by Dubai's General Directorate of Residency & Foreign Affairs (GDRFA). These cases of document forging increase the demand of microprinting in government applications that further contribute to the microprinting market growth.

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Counterfeiting practices are particularly rampant in passports, identity cards, postage stamps, banknotes, stock certificates, and product authentication. Microprinting prevents tampering and forgery of the aforementioned instruments. The key end-user verticals in the microprinting industry include BFSI, passport industry, personal ID industry, birth certificates issuing, driving license industry, and ticketing industry.

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Global Microprinting Market Segmentation

By Type

Monochrome

Color

By Substrate Type

Paper

Plastic

Metal

By End-User

BFSI

Packaging

Government

Education

Healthcare

Others (Corporate)

Regional Analysis

North America

United States

Canada

Europe

UK

Germany

Italy

Spain

France

Rest of Europe

Asia-Pacific

China

India

Japan

Rest of Asia-Pacific

Rest of the World

Company Profiles

Brady Corp.

Canon Inc.

Control Print Ltd.

Data Carte Concepts Inc.

Domino Printing Sciences PLC

Evolis

HP Development Company, L.P.

Matica Technologies AG

Ricoh Company, Ltd.

SAFEChecks

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Issued By Mr. Anurag Tiwari
Country India
Categories Business
Last Updated August 27, 2020