Security Inks Market by Type, Printing Method, Application - Russia Ukraine Conflict and High Inflation

List of Tables

The Global Security Inks Market is forecasted to grow significantly, with a projected USD 2,987.30 million in 2023 at a CAGR of 6.75% and expected to reach a staggering USD 4,741.53 million by 2030.

The Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and High Inflation is expected to have significant long-term effects on the Global Security Inks Market. The ongoing research considers the changes in consumer behavior, supply chain disruptions, and government interventions caused by the pandemic. Similarly, the report considers the ongoing political and economic uncertainty in Eastern Europe caused by the Russia-Ukraine Conflict and its potential implications for demand-supply balances, pressure on pricing variants, and import/export and trading. Additionally, the report addresses the impact of High Inflation on the global economy and details fiscal policies measuring and reducing its effects on demand, supply, cash flow, and currency exchange.

Market Segmentation & Coverage:

This research report categorizes the Global Security Inks Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Type, market is studied across Biometric, Erasable, Fluorescent, Infrared, Invisible, Magnetic, Optically Variable, Reactive, and Thermochromic. The Biometric commanded largest market share of 17.22% in 2022, followed by Magnetic.

Based on Printing Method, market is studied across Flexographic, Intaglio, Letterpress, Offset, and Silk Screen. The Flexographic commanded largest market share of 24.53% in 2022, followed by Intaglio.

Based on Application, market is studied across Banknotes, Official Identity Documents, Security Labels, and Tax Banderoles. The Banknotes commanded largest market share of 32.34% in 2022, followed by Official Identity Documents.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 37.23% in 2022, followed by Asia-Pacific.

Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Global Security Inks Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in a particular market space. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players

2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets

3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments

4. Market Trends: Provides comprehensive understanding of the Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and the High Inflation

5. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

6. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Security Inks Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global Security Inks Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Security Inks Market?

4. What is the competitive strategic window for opportunities in the Global Security Inks Market?

5. What are the technology trends and regulatory frameworks in the Global Security Inks Market?

6. What is the market share of the leading vendors in the Global Security Inks Market?

7. What modes and strategic moves are considered suitable for entering the Global Security Inks Market?

Product Code: MRR-9F52358C41E4

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

4.1. Introduction
4.2. Security Inks Market, by Type, 2022 vs 2030
4.3. Security Inks Market, by Printing Method, 2022 vs 2030
4.4. Security Inks Market, by Application, 2022 vs 2030
4.5. Security Inks Market, by Region, 2022 vs 2030

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Increasing counterfeiting and fraud activities in banking sector
  - 5.1.1.2. Growing use in government sector for protection of documents such as stamp paper, passports, and certificates
  - 5.1.1.3. Favorable investments for the development of new security inks products
- 5.1.2. Restraints
  - 5.1.2.1. Shift towards digitalization coupled with limited use of paper for documentation
- 5.1.3. Opportunities
  - 5.1.3.1. Emergence of quantum dot technology for processing of security inks
  - 5.1.3.2. Introduction of advanced lanthanide-doped nanomaterials for the development of security inks
- 5.1.4. Challenges
  - 5.1.4.1. Performance issues associated with security inks
5.2. Market Trends
5.3. Cumulative Impact of COVID-19
5.4. Cumulative Impact of Russia-Ukraine Conflict
5.5. Cumulative Impact of High Inflation
5.6. Porter's Five Forces Analysis
- 5.6.1. Threat of New Entrants
- 5.6.2. Threat of Substitutes
- 5.6.3. Bargaining Power of Customers
- 5.6.4. Bargaining Power of Suppliers
- 5.6.5. Industry Rivalry
5.7. Value Chain & Critical Path Analysis
5.8. Regulatory Framework
5.9. Client Customization

6. Security Inks Market, by Type

6.1. Introduction
6.2. Biometric
6.3. Erasable
6.4. Fluorescent
6.5. Infrared
6.6. Invisible
6.7. Magnetic
6.8. Optically Variable
6.9. Reactive
6.10. Thermochromic

7. Security Inks Market, by Printing Method

7.1. Introduction
7.2. Flexographic
7.3. Intaglio
7.4. Letterpress
7.5. Offset
7.6. Silk Screen

8. Security Inks Market, by Application

8.1. Introduction
8.2. Banknotes
8.3. Official Identity Documents
8.4. Security Labels
8.5. Tax Banderoles

9. Americas Security Inks Market

9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States

10. Asia-Pacific Security Inks Market

10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam

11. Europe, Middle East & Africa Security Inks Market

11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom

12. Competitive Landscape

12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
- 12.3.1. Agreement, Collaboration, & Partnership
  - 12.3.1.1. INX and SICPA Officially Announce Historic Partnership to Help Governments and Central Banks Around the Globe Develop Innovative Sovereign Digital Currency Ecosystems
  - 12.3.1.2. Quantum Dot partnership Offers 'Next Generation' Security Inks
  - 12.3.1.3. UbiQD and SICPA Expand Partnership on Anti-Counterfeit Security Inks
- 12.3.2. New Product Launch & Enhancement
  - 12.3.2.1. RISE Launches Blockchain-Based Secured Digital Certificates for its Students
  - 12.3.2.2. EMCO Print and Mail Installs New Kodak Nexfinity Press
  - 12.3.2.3. Nanografix Launches Lenticular Security Labels

13. List of Company Mentioned

14. Appendix

14.1. Discussion Guide
14.2. License & Pricing

1. ANY Security Printing Company PLC

2. Chroma Inks USA

3. Chromatic Technologies Inc.

4. DIC CORPORATION

5. Eastman Kodak Company

6. Flint Group

7. FUJIFILM Holdings America Corporation

8. FX Pigments Pvt. Ltd.

9. Gans Ink & Supply Co.

10. Gleitsmann Security Inks GmbH

11. Hologramas de Mexico, S. de R.L. de C.V.

12. INK TEC INC.

13. JN Arora Group

14. Kao Collins Corporation

15. Microtrace, LLC

16. Mingbo Anti-forgery Technology (Shenzhen) Co., Ltd,

17. Naigai Ink Mfg. Co. Ltd

18. NanoMatriX Technologies Limited.

19. NovaVision,LLC

20. Petrel Security

21. PingWei Anti-forgery Ink Limited

22. SAKATA INX CORPORATION.

23. Shriram Veritech Solutions Pvt. Ltd.

24. SICPA HOLDING SA.

25. Siegwerk Druckfarben AG & Co. KGaA

26. Sun Chemical

27. The Cronite Company

28. VILLIGER SECURITY SOLUTIONS AG

29. Westtek Enterprises Private Limited

30. Wikoff Color Corporation