The world market for security printing is worth $27.2 billion in 2017 and projected to reach $34.3 billion in 2022 (1) at a CAGR of 4.8% for the projected period. Asia represented almost 50% of the global market for security printing and developing countries show the highest growth. Banknotes is the largest segment.
Without security printing, banknotes, checks, passports, ID cards, branded pharmaceuticals and designer goods would all be at the mercy of counterfeiters. Working with paper, film and carton board, printers offering security protection use a wide variety of printing and converting processes.
Around the globe, security applications includes gravure and offset printing, lamination, selective metallization, die-cutting, embossing, hot foil & hologram stamping and specific folding & gluing methods.
Banknotes, just under 40% of world market share, are showing a declining rate of growth in terms of volume. This is compensated by higher prices charged for durable banknotes and premium security features. The major shift in demand from central banks is for longer lasting currency made possible either by improved varnishing or the use of paper-polymer composites or wholly plastic notes.
For the tax stamp end-use segment a surge in demand is anticipated as global and European track-and-trace regulations are implemented.
With new digital technologies rising, the market share of security features is changing. Biometric technologies such as fingerprint scanning and facial recognition are new features implemented by the leading players.
Tax stamps are scheduled to experience explosive growth during 2015-2020 due to the implementation of new requirements for cigarettes deriving from implementations of the World Health Organization’s 2003 Framework Convention on Tobacco Control (FCTC) and the European Union’s 2014 revision of its Tobacco Products Directive.
Paper stamps with security features such as micro-lettering are widely used, but also widely counterfeited. Taggants will take a share of the market growth but are expected to be less in demand than digital technologies. Watermarks as a security printing technology will disappear in this application across the next five years.
The narrow and mid web inline UV flexo presses M5, M6, M8, M9 integrate multi-process technologies for security applications such as lottery tickets and pre-paid phone cards, with practically an unlimited number of colors, printing, processes and security technologies. The RS 6003 delivers security to prevent tampering alterations and allow for easy recognition of genuine items. Counterfeiting methods can include the use of microprinting, application of magnetic inks, in-register fluorescent ink and the like.
As more and more industries look for solutions to protect the authenticity of their products, holographic materials offer an ideal solution, helping brand owners make a clear difference between originals and forgeries, protecting their valuable assets, and deterring counterfeiters. With almost fifty years of experience in the design and manufacture of foil and holographic material stamping machines, BOBST has remained at the forefront of advances in this technology. When it comes to high foiling quality, MASTERFOIL 106 PR delivers exactly this. This hot foil stamping machine will simultaneously deliver unequaled foil and holographic material stamping results as well as running foil and deep embossing jobs in one pass and ensure sharpest details.
Security printing and hotfoil stamping often come together. The VISIONFOIL 104 H has been designed to deliver ultra-precise hologram application and gives a distinctive advantage in the fight against counterfeiters. It is the perfect tool for placing holographic protection on the packaging of almost any product and can apply holograms or metal stripes to banknotes, visas, vouchers and tickets.
On one hand tobacco brand owners and packaging designers are looking for productivity. On the other hand they want to create differentiation for their products. In addition, brand owners want to make a clear difference between originals and forgeries, with holographic materials, protecting their valuable assets, and deterring counterfeiters. BOBST offers that with leading solutions.
Hot foil stamping is indeed a great way to make a product stand out, elevating packaging to a more eye-catching level. With almost fifty years of experience in the design and manufacture of foil stamping machines, BOBST has remained at the forefront of advances in this technology. When it comes to high foiling quality, MASTERFOIL 106 PR delivers exactly this. This hot foil stamping machine will simultaneously deliver unequaled foil stamping results as well as running foil and deep embossing jobs in one pass and ensure sharpest details.