DUBLIN--(BUSINESS WIRE)--The "Banknote Market by Printers and Geography - Global Forecast and Analysis 2019-2023" report has been added to ResearchAndMarkets.com's offering.
Global Banknote Market: About this market
The banknote market analysis considers sales from state-owned and commercial printers. Our analysis also considers the sales of banknotes in APAC, Europe, North America, South America, and MEA. In 2018, the state-owned segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as the concerns related to national security will play a significant role in the state-owned segment to maintain its market position. Also, our global banknote market report looks at factors such as central bank policies for clean banknotes, implementation of demonetization policies, and cash being key driver for economy. However, transition toward cashless economy, increasing use of cryptocurrencies, and rise in circulation of fake currencies may hamper the growth of the banknote industry over the forecast period.
Global Banknote Market: Overview
Implementation of demonetization policies
Governments across the globe are enforcing demonetization policies due to the growing fraudulent activities including corruption, bribery, fake currencies, and money laundering by anti-social elements. Secure printing of banknotes, along with the stringent implementation of laws helps in the prevention of tampering and forgery of such instruments. Such strategies result in the printing of new currency notes thereby creating immense growth opportunities for players in the global banknote market, which in turn, will lead to the expansion of the global banknote market at a CAGR of over 4% during the forecast period.
Use of durable solutions for printing currencies
Central banks are shifting from paper notes toward novel solutions with higher durability for printing currencies. These solutions include superior varnishes and coatings, hybrid substrates, paper/polymer composites, and pure polymer substrates. The resultant currencies prevent contamination caused by microorganisms, soiling, and folding. They are waterproof and tear-resistant and have long lifespan. Banknotes printing with such solutions improve the sorting accuracy of ATMs and recirculation of notes. This is expected to have a positive impact on the overall market growth.
Also, the banknote market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Key Topics Covered:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
- Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY PRODUCT
- Market segmentation by product
- Comparison by product
- Innerspring mattress - Market size and forecast 2018-2023
- Memory foam mattress - Market size and forecast 2018-2023
- Latex mattress - Market size and forecast 2018-2023
- Other mattresses - Market size and forecast 2018-2023
- Market opportunity by product
PART 07: CUSTOMER LANDSCAPE
PART 08: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL
- Market segmentation by distribution channel
- Comparison by distribution channel
- Offline - Market size and forecast 2018-2023
- Online - Market size and forecast 2018-2023
- Market opportunity by distribution channel
PART 09: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2018-2023
- North America - Market size and forecast 2018-2023
- Europe - Market size and forecast 2018-2023
- South America - Market size and forecast 2018-2023
- MEA - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 12: MARKET TRENDS
- Continuous development of new products
- Expansion of vendors offering mattresses
- Growing demand for customized mattresses
PART 13: VENDOR LANDSCAPE
- Landscape disruption
- Competitive scenario
PART 14: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Casper Sleep Inc.
- King Koil Licensing Co. Inc.
- Kingsdown Inc.
- Kurlon Enterprise Ltd.
- Leggett & Platt Inc.
- Paramount Bed Co. Ltd.
- Saatva Inc.
- Serta Simmons Bedding LLC
- Sleep Number Corp.
- Tempur Sealy International Inc.
- CCL Industries Inc.
- Crane Co.
- De La Rue Plc
- Fbrica Nacional de Moneda y Timbre-Real Casa de la Moneda
- Giesecke+Devrient Currency Technology GmbH
- Goznak JSC
- Oberthur Fiduciaire SAS
- Orell Fssli Holding AG
- Security Paper Ltd.
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