DUBLIN, March 8, 2024 /PRNewswire/ — The “Global Banknote Market 2024-2028” report has been added to ResearchAndMarkets.com’s offering.
The global banknote market is poised for growth, anticipated to expand by USD 1.90 billion during the forecast period of 2023-2028, progressing at a compound annual growth rate (CAGR) of 4.46%.
This growth trajectory is explored in a comprehensive market analysis that covers key dimensions including market size, forecast, trends, growth drivers, and potential challenges, along with a detailed vendor analysis encompassing around 25 prominent market entities.
Factors propelling market growth include the expansion of financial inclusion across demographics, initiatives by central banks to maintain clean banknote circulation, and the increasing adoption of advanced, durable solutions for banknote printing. As the financial landscape evolves, these drivers are critical in shaping the direction of the banknote market.
Segmentation within the banknote market is categorizes the industry based on type, application, and geographic regions:
By Type – State-owned – Commercial
By Application – Intaglio Printing – Offset Printing – Letterpress Printing
By Geographical Landscape – APAC (Asia-Pacific) – Middle East and Africa – South America – North America – Europe
Emerging trends, such as the increased outsourcing of currency printing by countries and innovations in security printing methods, coupled with the deployment of durable printing solutions, are expected to significantly contribute to market demand.
Companies Profiled
BNB Printing House AD
Bureau of Engraving and Printing
CCL Industries Inc.
Central Engraving and Printing Plant
China Banknote Printing and Minting Group Co. Ltd.
Crane Holdings Co.
De La Rue PLC
FNMT RCM
Giesecke Devrient GmbH
Hong Kong Note Printing Ltd.
Joint Stock Co. Goznak
National Printing Bureau
Note Printing Australia Ltd.
Orell Fussli AG
Reserve Bank of India
Security Papers Ltd.
Security Printing and Minting Corp. Of India Ltd.
SPS TechnoScreen GmbH
The Security Printing Corp. Bangladesh Ltd.
Valora S.A.
For more information about this report visit https://www.researchandmarkets.com/r/o9wzyt
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SOURCE Research and Markets
