Microprinting Market, by Type (Plastic, Metal, and Paper), by Print Type (Single-sided Printing, and Double-sided Printing), by Product Type (Colored, and Monochrome Products), by End-Use (Healthcare, Banking & Finance, Packaging, Government, and Corporate): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2026

The microprinting market is set for a rapid growth over the forecast period. In terms of revenue, the global microprinting market accounted for USD 534 Million in 2019 and is expected to Reach USD 771.66 Million by 2026, growing at a CAGR of around 5.4%.

12-Nov-2020 | Number of pages: 110 | Report Code: ZMR-4353 | Report Format : | Status : Published

Abstract

The microprinting market is set for a rapid growth over the forecast period. In terms of revenue, the global microprinting market accounted for USD 534 Million in 2019 and is expected to Reach USD 771.66 Million by 2026, growing at a CAGR of around 5.4%.

Global Microprinting Market: Overview

Microprinting is the output of familiar characters in a published medium at a measure requiring enlargement of the letters for reading it through the human eye. It is used as an anti-counterfeiting method or an anti-fraud technique to detect the printed small letters not recognized by the human eye. The technique was first introduced by Albert Boni in 1934.

Global Microprinting Market: Growth Factors

Massive application of microprinting in banking & finance, education, packaging, corporate, government, and healthcare sectors as the anti-counterfeit tool will propel the growth of microprinting market. Microprinting is used as a key security tool by corporate and government houses. For instance, identity cards and licenses are imprinted with a unique mark. Apart from this, many of the postal stamps, event ID cards, and cheque slips need single-sided microprinting. Additionally, the players in the packaging sector adopt one-sided microprinting for protecting the packaged products from getting duplicated. This, in turn, has boosted the popularity of microprinting across the globe. Today, there is rampant use of microprinting technology to ensure the security of the items along with its traceability. Furthermore, the introduction of new techniques in microprinting along with the rising in the research activities in universities across the globe for enhancing the quality of microprinting will boost the business trends.

Global Microprinting Market: Segmentation

The microprinting market can be sectored into type, print type, product type, and end-use. On the basis of type, the industry is segmented into plastic, metal, and paper. In terms of print type, the microprinting industry is divided into single-sided and double-sided printing. Based on the product type, the market is segregated into colored and monochrome products. On the basis of end-use, the industry is classified into healthcare, banking & finance, packaging, government, and corporate.

Global Microprinting Market: Regional Analysis

Region wise, the microprinting market can be divided into five main regions: Europe, Latin America, North America, Asia Pacific, and the Middle East and Africa. Asia Pacific market is slated to witness a massive surge over the years to come. The growth can be attributed to large-scale usage of microprinting technology-driven printers in banks, government agencies, and corporate houses. Apart from this, banking & financial institutions in countries such as India, China, and Japan have set up microprinting systems. Apart from this, a rise in the number of frauds along with introducing of fake currency notes in these countries has prompted the growth rate of the business in the region. Additionally, the massive need for secured & anti-counterfeit solutions in educational institutes in the region will push the regional market growth.

North America and European regions are projected to make major contributions towards the overall market revenue. Increase in the infrastructural spending & research activities in the business verticals such as healthcare and consumer electronics activities in the countries such as the U.S., Canada, UK, and Germany will proliferate the regional market demand.

Global Microprinting Market: Competitive Players

Some of the main participants in microprinting market are Gallas Label & Decal, Domino Printing Sciences PLC, Team NiSCA, Hewlett-Packard Company, Xerox Corporation,  Huber Group, Videojet Technologies, Inc., Diagramm Halbach GmbH & Co. KG, William Frick & Company, Matica Technologies AG, Brady Corporation, Printegra, Ricoh Company Ltd., Micro Format Inc., Canon Finetech Nisca Inc., Data Carte Concepts, and Saueressig GmbH Co KG.

Global Microprinting Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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