Banknote Printing Machine Global Market Report 2026

A banknote printing machine is a specialized device utilized by government authorities or authorized agencies to manufacture paper currency. These machines incorporate advanced security features to prevent counterfeiting and uphold the integrity of the currency. They operate under stringent security protocols and play a crucial role in maintaining the supply and quality of legal tender within a country's economy.

In the banknote printing machine market, the primary components are solutions and services. Solutions encompass comprehensive systems and equipment provided by manufacturers for printing banknotes. Various production processes, such as intaglio printing, offset printing, silk screen printing, and letterpress printing, are employed by multiple end users including government authorities, private enterprises, and central banks.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs are influencing the banknote printing machine market by increasing costs of imported precision printing components, security inks, control systems, and specialized machinery used in currency production. Central banks and government printing facilities in North America and Europe are most affected due to reliance on imported high-security equipment, while Asia-Pacific faces cost pressures on export-oriented manufacturing of printing systems. These tariffs are raising capital expenditure requirements and extending procurement cycles. However, they are also encouraging localized manufacturing partnerships, in-country servicing capabilities, and innovation in cost-efficient secure printing technologies.

The banknote printing machine market research report is one of a series of new reports from The Business Research Company that provides banknote printing machine market statistics, including the banknote printing machine industry global market size, regional shares, competitors with banknote printing machine market share, detailed banknote printing machine market segments, market trends, and opportunities, and any further data you may need to thrive in the banknote printing machine industry. These banknote printing machine market research reports deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The banknote printing machine market size has grown strongly in recent years. It will grow from $14.43 billion in 2025 to $15.72 billion in 2026 at a compound annual growth rate (CAGR) of 9.0%. The growth in the historic period can be attributed to monetary circulation requirements, government investments in currency security, modernization of printing infrastructure, demand for counterfeit prevention, replacement of legacy printing equipment.

The banknote printing machine market size is expected to see strong growth in the next few years. It will grow to $21.46 billion in 2030 at a compound annual growth rate (CAGR) of 8.1%. The growth in the forecast period can be attributed to upgrade of currency security features, adoption of digital monitoring systems, increased focus on operational efficiency, demand for sustainable printing processes, modernization of central bank facilities. Major trends in the forecast period include increasing adoption of advanced security printing technologies, rising integration of automated quality inspection systems, growing demand for high-speed currency printing, expansion of secure and tamper-resistant printing processes, enhanced focus on anti-counterfeiting measures.

The increase in currency circulation is expected to drive the growth of the banknote printing machine market going forward. Currency circulation refers to the total number and value of banknotes actively used in an economy, influenced by consumer spending, economic activity, and financial system needs. Rising circulation levels boost demand for banknote production, both to meet transactional requirements and to replace worn-out notes, ensuring currency quality and security. For example, in December 2024, according to the European Central Bank (ECB), a Germany-based EU central bank, the total number of euro banknotes in circulation reached 30.5 billion, with a combined value of approximately $1.85 trillion (€1.6 trillion). Over the year, the volume of banknotes increased by 2.4%, while their total value grew by 1.3%. Thus, growing currency circulation is fueling the expansion of the banknote printing machine market.

Leading companies in the banknote printing machine market are focusing on technological advancements in printing technology and expanding their operations to incorporate advanced security features. These initiatives aim to enhance the quality and security of printed banknotes. The expanded capabilities enable larger-scale manufacturing, improved reliability, and increased customization options to meet the rising demands of national mints and central banks worldwide for secure and high-quality banknote production. For instance, in November 2023, Komori Corporation, a Japan-based printing press manufacturer, launched the Komori Global Center-Security (KGC-S), a state-of-the-art facility equipped with advanced security features. KGC-S specializes in providing cutting-edge security printing technologies for banknotes, including offset, intaglio, and numbering printing. Staffed by experts, KGC-S is dedicated to addressing customer challenges while adhering to principles of Power to the Print and Trust in Print.

In April 2023, Authentix, a US-based authentication company, completed the acquisition of Royal Joh. Enschede for an undisclosed sum. This strategic move is intended to bolster Authentix's capabilities in high-security printing and to support its expansion in programs serving governments, central banks, and commercial brand owners. The acquisition leverages Royal Joh. Enschede's expertise in producing high-quality security documents, such as banknotes, postage stamps, certificates, visas, and solutions for brand protection. Royal Joh. Enschede, headquartered in the Netherlands, is recognized for its advanced printing technologies and longstanding reputation in the security printing industry.

Major companies operating in the banknote printing machine market are Koenig & Bauer Banknote Solutions (KBA-NotaSys), Komori Corporation, Heidelberger Druckmaschinen AG, Tokyo Kikai Seisakusho Ltd. (TKS), Goebel Capital GmbH, Pasaban S.A., SPS TechnoScreen GmbH, Tresu Group, Nilpeter A/S, Paul Leibinger GmbH & Co. KG, SICPA Holding SA, Crane Currency, Landqart AG, Arjowiggins Security, De La Rue Authentication, Giesecke+Devrient Currency Technology, De La Rue plc, Orell Fussli Security Printing Ltd., Oberthur Fiduciaire SAS, China Banknote Printing and Minting Corporation (CBPM), Security Printing and Minting Corporation of India Ltd. (SPMCIL), Goznak, Oumolat Security Printing LLC, Banque de France - Printing Works (Chamalieres), Canadian Bank Note Company (CBN), Note Printing Australia (NPA)-Reserve Bank of Australia, De La Rue-Bank of England Facility, South African Banknote Company (SABN)

North America was the largest region in the banknote printing machine market in 2025. The regions covered in the banknote printing machine market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the banknote printing machine market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The banknote printing machine market consists of revenues earned by entities by providing services such as manufacturing, distribution, installation, training, support, and troubleshooting and repair. The market value includes the value of related goods sold by the service provider or included within the service offering. The banknote printing machine market also includes sales of security printing machines, plate making systems, packaging systems, and banknote authentication devices. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Banknote Printing Machine Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses banknote printing machine market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for banknote printing machine ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The banknote printing machine market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
• The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
• The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
• The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
• The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
• The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
• Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.

Scope

• Markets Covered:1) By Component: Solution; Services
• 2) By Production Process: Intaglio Printing; Offset Printing; Silk Screen Printing; Letterpress Printing
• 3) By End User: Government Authorities; Private Enterprises; Central Banks
• Subsegments:
• 1) By Solution: Printing Machines; Quality Control Systems; Ink And Consumables; Software Solutions
• 2) By Services: Installation And Integration Services; Maintenance And Repair Services; Training And Consultation Services; Upgradation Services
• Companies Mentioned: Koenig & Bauer Banknote Solutions (KBA-NotaSys); Komori Corporation; Heidelberger Druckmaschinen AG; Tokyo Kikai Seisakusho Ltd. (TKS); Goebel Capital GmbH; Pasaban S.A.; SPS TechnoScreen GmbH; Tresu Group; Nilpeter A/S; Paul Leibinger GmbH & Co. KG; SICPA Holding SA; Crane Currency; Landqart AG; Arjowiggins Security; De La Rue Authentication; Giesecke+Devrient Currency Technology; De La Rue plc; Orell Fussli Security Printing Ltd.; Oberthur Fiduciaire SAS; China Banknote Printing and Minting Corporation (CBPM); Security Printing and Minting Corporation of India Ltd. (SPMCIL); Goznak; Oumolat Security Printing LLC; Banque de France - Printing Works (Chamalieres); Canadian Bank Note Company (CBN); Note Printing Australia (NPA)-Reserve Bank of Australia; De La Rue-Bank of England Facility; South African Banknote Company (SABN)
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain.
• Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time Series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
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