The security paper market attained a value of USD 20.27 Billion as of 2024 and is anticipated to grow at a CAGR of 7.10% during the forecast period of 2025 to 2034. One of the main drivers of the security paper industry is the growing demand for anti-counterfeiting features in papers such as passports, banknotes, and certificates due to growing fraud cases and tougher government regulations across the globe. The market is thus expected to reach a value of nearly USD 40.25 Billion by 2034.
Base Year
Historical Period
Forecast Period
Governments across the globe are increasingly using security paper for ID cards, visas, and tax stamps to counter forgery and ensure data integrity. This increase in protection of official documents presents B2B companies with opportunities in large-scale, repeat government contracts and public-private security partnerships.
Combining biometric features, RFID chips, and optically variable inks, traditional security paper is being revolutionized. B2B businesses have the potential to leverage advanced, tailored solutions that adapt to changing client needs in the banking, education, and legal arenas for greater competitive distinction, thereby increasing the growth of the security paper market.
With more than 70% of banks worldwide continuing to utilize paper-based cheques and documentation, there is continued demand for secure, tamper-evident paper. B2B suppliers can grow by addressing financial institutions that are moving to hybrid security solutions.
Compound Annual Growth Rate
7.1%
Value in USD Billion
2025-2034
Security Paper Market Outlook
*this image is indicative*
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Global security paper market is growing at an impressive rate owing to the growth in demand for anti-counterfeiting solutions across sensitive applications such as currency, passports, and official documents. Security papers are designed with superior features such as watermarks, holograms, and other custom identifiers that rule out fraud and forgery. Governments, banking institutions, and printing organizations are the key consumers, as these entities need to have secure documents for public service and transactions. As identity theft and counterfeiting keep on surging, demand for high-tech security paper will also increase. Moreover, improved technology in manufacturing paper and security features is driving the growth of security paper market even further.
An example of such is the introduction of hybrid paper in the banking industry, wherein the conventional paper is blended with high-tech security features like holograms and UV fibers. This innovation adds security to documents and is being used more and more on banknotes and legal documents. The high use for cash transactions and different government programs to expand BFSI infrastructure rapidly in the Asia-Pacific region will propel the demand for security papers during the forecast period.
Security paper trends include digital features, customization, eco-friendly materials, and biometrics to enhance document security and meet evolving demands, thereby shaping the security paper market dynamics and trends.
The security paper manufacturers are increasingly integrating digital elements such as RFID tags and QR codes in their papers. These technologies improve document authentication and traceability, addressing increased demand for safe and easy-to-verify documents across industries like banking and government, thus pushing the growth of the security paper market.
There is an increasing popularity towards customized security features that are client-specific. With the provision of tailor-made solutions, manufacturers are able to counterfeit effectively while uniquely solving security issues that vary across industries, thus achieving a market advantage.
Environmental issues are pushing the innovation of recyclable and environmentally friendly security paper. Companies are using sustainable materials and processes to address regulatory needs and consumer demand, ensuring environmental protection while ensuring document security, thereby helping to create new trends in the security paper market.
The use of biometric technologies, including fingerprint or iris scanning, in security documents is becoming popular. This use increases the level of security of documents, which becomes more forgery-resistant and less subject to unauthorized use.
The security paper market is experiencing significant growth, driven by rising demand for high-security aspects in documents like banknotes, certificates, and IDs. With growing counterfeit risks, usage of high-technology aspects like holography, watermarks, and UV features is increasing. Governments and banks are putting money into safer paper to fight fraud and protect vital documents, thus shaping new trends in the security paper market.
Additionally, the increasing trends of digitalization and cyberattacks are fueling the demand for hybrid security products, which integrate physical and electronic protection. The Asia-Pacific market is leading due to the booming demand for security paper for use in currency printing in nations such as India and China. Owing to ongoing innovations and investments, the market will witness long-term growth over the next few years.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The EMR’s report titled “Security Paper Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:
Market Breakup by Paper Types
Market Breakup by Application
Market Breakup by Region
The security paper industry is seeing strong momentum in different types of paper as a result of growing concerns regarding document authenticity and counterfeiting. Hybrid paper, which combines conventional and sophisticated security features, is becoming increasingly popular for its flexibility and added security. Through the combination of digital elements like QR codes or RFID tags with the conventional paper products, hybrid paper provides both physical and digital security, which is more difficult to counterfeit and manipulate. Its potential to integrate a number of layers of security has made it be used in valuable documents such as passports and certificates.
As per security paper market analysis, watermark paper is still a reliable technique in security because of its discreet yet efficient protection. Its capacity to show an embedded image or pattern when lit from behind makes it hard for counterfeiters to duplicate. This property is commonly utilized in banknotes and official documents, giving an added layer of authenticity that can't be easily replicated.
Hologram paper has gained rapid usage because of its visual complexity and beauty. Holographic images or patterns, which change colors and shapes as they are seen from varying angles, are virtually impossible to reproduce, so they are the best choice to use in banknotes and security certificates. The novelty of holograms has ensured their widespread popularity in high-security uses.
Thread and UV fiber-strengthened papers provide invisible security features that are only visible under UV light, providing an additional level of security for documents. According to the security paper industry analysis, these invisible elements are commonly used in currency notes and government official papers, providing increased protection against counterfeiters. All these types of paper combined are defining the future of the security paper industry.
Leading security paper market players are emphasizing the development of advanced security features to mitigate growing counterfeiting threats. They are striving to incorporate innovative technologies such as hybrid papers, holograms, watermarks, and UV fibers to offer multi-layered security. These technologies are aimed at catering to the changing needs of governments, banks, and organizations to ensure authenticity of critical documents like currency, IDs, and certificates. Security paper companies are also focusing on sustainability through the utilization of green materials in the manufacturing process.
Security Paper Mill, Inc., an American company founded in 1997, provides an extensive variety of secure paper items such as banknotes, certificates, and government documents. They seek to supply high-quality, counterfeit-proof paper solutions that address governmental and financial institutions' requirements.
Ciotola s.r.l., which was established in 1963 and has its headquarters in Italy, is a manufacturer of special security paper for documents, such as watermarked paper and security threads. Their objective is to supply innovative, state-of-the-art products that ensure genuine protection against forgery and unauthorized copying.
De La Rue plc, founded in 1821 and based in the United Kingdom, is known for its security paper employed in banknotes, identity documents, and other secure products. They seek to provide state-of-the-art security features and are keen on growing their polymer banknote business to make banknotes more durable and secure.
Fedrigoni S.P.A., which was established in 1888 and has Italian origins, manufactures high-security paper for use on applications such as currency, governmental documents, and legal documents. They specialize in offering an all-encompassing portfolio of paper with infused security features aimed at enhancing protection against counterfeits for documents and currencies.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other key players in the global security paper market are Security Papers Limited, Giesecke+Devrient GmbH, Security Printing & Minting Corporation of India Ltd., Goznak, China Banknote Printing and Minting Corporation, and FNMT-RCM, among others.
Upto 15% Off
USD
$2499 $2249
$3999 $3599
$4999 $4249
$5999 $5099
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!
In 2024, the security paper market reached an approximate value of USD 20.27 Billion.
The market is assessed to grow at a CAGR of 7.10% between 2025 and 2034.
The market is estimated to witness healthy growth in the forecast period of 2025-2034 to reach a value of around USD 40.25 Billion by 2034.
The major market drivers are increasing awareness of fraud among consumer groups, growing need for counterfeit protection, and rise in affordable international tours which has resulted in the increased demand for visas and passports.
The key trends driving the growth of the market are technological developments like hybrid paper and major players working to develop highly secure innovations and utilising them in new products.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Hybrid paper is the dominant security paper type in the market.
The leading applications in the market include bank notes, passports, identity cards, certificates, legal and government documents, cheques, and stamps, among others.
The major players in the market are Security Paper Mill, Inc., Ciotola s.r.l., De La Rue plc, Fedrigoni S.P.A., Security Papers Limited, Giesecke+Devrient GmbH, Security Printing & Minting Corporation of India Ltd., Goznak, China Banknote Printing and Minting Corporation, and FNMT-RCM, among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2024 |
| Historical Period | 2018-2024 |
| Forecast Period | 2025-2034 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Type |
|
| Breakup by Application |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
Datasheet
One User
USD 2,499
USD 2,249
tax inclusive*
Single User License
One User
USD 3,999
USD 3,599
tax inclusive*
Five User License
Five User
USD 4,999
USD 4,249
tax inclusive*
Corporate License
Unlimited Users
USD 5,999
USD 5,099
tax inclusive*
*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*
Flash Bundle
Small Business Bundle
Growth Bundle
Enterprise Bundle
*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*
Flash Bundle
Number of Reports: 3
20%
tax inclusive*
Small Business Bundle
Number of Reports: 5
25%
tax inclusive*
Growth Bundle
Number of Reports: 8
30%
tax inclusive*
Enterprise Bundle
Number of Reports: 10
35%
tax inclusive*
How To Order
Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.
Select License Type
Choose the right license for your needs and access rights.
Click on ‘Buy Now’
Add the report to your cart with one click and proceed to register.
Select Mode of Payment
Choose a payment option for a secure checkout. You will be redirected accordingly.
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Connect For More Information
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.
