Bet You Didn't Know This: Key Trends in the Global Banknote Market 2021-2025: Adoption of Polyemer Banknotes, Security by Design and Implementation of Demonetization Policies
DUBLIN, Nov. 12, 2021 The "Global Banknote Market Report with Potential Impact of COVID-19: 2021 Edition" report has been added to ResearchAndMarkets.com's offering.
The global banknote market is estimated to reach US$15.65 billion in 2025, growing at a CAGR of 4.09% for the period spanning from 2021 to 2025.
Factors such as increasing number of ATMs globally and a rising population are expected to drive the market. However, growth of the industry will be challenged by counterfeiting of banknotes and rapid growth of electronic payments. A few notable trends include adoption of polymer banknotes, security designs, automation in cash sorting, use of durable solutions for printing currencies and implementation of demonetization policies.
The global banknote market volume is segmented into notes with thread and notes without thread. The global banknote market is highly dominated by production of banknotes with security threads. The global banknote market is expected to grow in future due to improving economic conditions, rising global population and growing number of ATMs. In terms of geographical areas, the U.S. and Euro zone are major contributors to the global banknote market supported by their economies and high production volumes and values.
Scope of the report
- The report provides a comprehensive analysis of the global banknote market, segmented into state print works (SPW), commercial print works, and overspill SPMs.
- The major regional markets (The U.S., Europe, UK, Australia, New Zealand and Switzerland) have been analyzed.
- The market dynamics such as growth drivers, market trends and challenges are analyzed in-depth.
- The competitive landscape of the market, along with the company profiles of leading players (De La Rue plc, Giesecke & Devrient Group, Crane Co., CCL Industries Inc and Orell Fussli Holding AG) are also presented in detail.
Key Trends:
- Adoption of Polymer Banknotes
- Security by Design
- Automation in Cash Sorting
- Implementation of Demonetization Policies
Key Topics Covered:
1. Market Overview
2. Impact of COVID-19
3. Market Analysis
4. Regional Market Analysis
5. Market Dynamics
5.1 Growth Drivers
5.1.1 Rising Number of ATMs
5.1.2 Growing Population Worldwide
5.1.3 Accelerating Economic Growth
5.2 Key Trends
5.2.1 Adoption of Polymer Banknotes
5.2.2 Security by Design
5.2.3 Automation in Cash Sorting
5.2.4 Implementation of Demonetization Policies
5.2.5 Use of Durable Solutions for Printing Currencies
5.3 Challenges
5.3.1 Rapid Electronic Transaction Growth
5.3.2 Counterfeiting of Banknotes
6. Competitive Landscape
7. Company Profiles
- CCL Industries Inc.
- Crane Co.
- De La Rue plc.
- Giesecke & Devrient Group
- Orell Fussli Holding AG
For more information about this report visit https://www.researchandmarkets.com/r/dqf353
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