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