세계의 마이크로프린팅 시장 전망(-2030년) : 유형별, 인쇄 유형별, 잉크 유형별, 기판별, 용도별, 지역별 분석

According to Stratistics MRC, the Global Microprinting Market is accounted for $807.9 million in 2023 and is expected to reach $1375.7 million by 2030 growing at a CAGR of 7.9% during the forecast period. Microprinting is the process of printing tiny text and numbers on stamps, cash, bank checks, and other similar objects to prevent counterfeiting. The unaided eye cannot decipher these prints. Enhancing security in relation to document authenticity is the goal of applying microprinting to these documents. Without high-resolution image sensors, microtext cannot be viewed by photocopiers or computer scanners.

According to the Organization for Economic Co-operation and Development (OECD) and the EU's Intellectual Property Office, the trade in counterfeit and pirated goods accounts for 3.3% of the global world trade.

Market Dynamics:

Driver:

Increasing need for enhanced security features

The escalating demand for advanced security features propels the growth of the microprinting market. In an era marked by increasing threats of counterfeiting and fraud, organizations seek robust solutions to safeguard sensitive documents and valuable assets. Microprinting, with its minuscule and intricate patterns, serves as a formidable deterrent to unauthorized replication. This heightened need for secure printing technologies is driven by a collective commitment to combat identity theft, counterfeit currency, and document fraud. Consequently, industries such as finance, government, and manufacturing are increasingly adopting microprinting to fortify their security measures and protect against evolving threats.

Restraint:

Compatibility issues

Compatibility issues hinder market growth, as integrating microprinting technology into existing printing systems can be complex. The challenge lies in aligning microprinting solutions with the diverse printing infrastructures used by different organizations. Legacy systems may lack the necessary capabilities to incorporate microprinting without substantial modifications or upgrades. This can result in increased implementation costs, time-consuming transitions, and potential disruptions to ongoing operations. Moreover, varying industry standards and regulations further complicate compatibility.

Opportunity:

Technological advancements in printing

Continuous innovation in high-resolution printing, ink formulations, and digital printing technologies allows for more intricate and secure microprinting applications. Improved precision, scalability, and cost-effectiveness enhance the viability of microprinting solutions, making them more accessible to a broader range of industries. As printing technology evolves, the microprinting market can capitalize on these advancements to offer enhanced security features, broader applications, and increased adoption in sectors such as finance, government, and manufacturing, driving market expansion.

Threat:

Counterfeit advancements

Counterfeit advancements pose a significant threat to the microprinting market. As technology evolves, counterfeiters become increasingly sophisticated, developing methods to replicate intricate microprints on documents and products. This constant innovation challenges the effectiveness of microprinting as a security measure. Additionally, advanced scanning, printing, and image manipulation techniques empower counterfeiters to produce high-quality replicas that can deceive conventional authentication methods. All of these factors hinder the market's expansion.

COVID-19 Impact:

The COVID-19 pandemic has affected the microprinting industry in multiple ways. Disruptions in global supply chains have led to shortages of raw materials, impacting production. Increased remote work and reduced physical document transactions have altered the demand for secure printed materials. The pandemic has accelerated digitization trends, challenging traditional document security methods. Despite challenges, the crisis has underscored the importance of secure, traceable documents, potentially driving long-term innovation.

The single-sided segment is expected to be the largest during the forecast period

During the forecast period, the dominance of the single-sided segment in the microprinting market can be attributed to its widespread applications and cost-effectiveness. Single-sided printing is commonly used for various documents, including identification cards, banknotes, and official papers. It offers a practical and economical solution for integrating microprinting, especially in environments where the complexity and cost of double-sided printing are unnecessary. These factors of the single-sided approach are projected to capture the largest market share, reflecting its broad applicability and economic advantages in diverse printing applications.

The bank checks segment is expected to have the highest CAGR during the forecast period

The bank checks segment is anticipated to experience significant growth in the microprinting market due to the rising demand for enhanced security features in financial documents. Microprinting provides an effective deterrent against check fraud and counterfeiting, offering intricate, difficult-to-replicate details. Financial institutions are increasingly adopting microprinting technologies to safeguard checks, making them a preferred choice for secure transactions. As the banking sector prioritizes fraud prevention and compliance, the demand for microprinted bank checks is expected to surge, driving the overall growth of the market.

Region with largest share:

North America is anticipated to sustain its market dominance during the forecast period owing to its mature and technologically advanced printing industry, coupled with stringent security regulations that are driving the adoption of microprinting solutions. Additionally, ongoing technological advancements and a strong emphasis on document security in sectors like finance and government further solidify North America's position as a key market for microprinting technologies.

Region with highest CAGR:

The Asia Pacific region is poised for substantial growth in the microprinting market due to increasing economic activities, rapid urbanization, and a rising emphasis on secure documentation. Government initiatives to combat counterfeiting and enhance document security, coupled with a growing need for secure identification in industries like finance and manufacturing, are driving the adoption of microprinting technologies. Additionally, technological advancements and a burgeoning awareness of the importance of secure printing practices contribute to the region's heightened demand.

Key players in the market:

Some of the key players in Microprinting Market include Brady Corporation, Canon, Inc., Danaher Corporation, DASCOM Americas, Hewlett Packard Enterprise (HPE), Hubergroup Deutschland GmbH, Matica Technologies AG, Ricoh Company, Ltd, Sauressig GmbH+ Co KG, SICPA Holdings SA, Videojet Technologies Inc., Xeikon B.V., Xerox Holdings Corporation and Zebra Technologies Corporation.

Key Developments:

In September 2023, Independent visual content provider, EPA Images, announces a five-year partnership with Canon Europe to renew and update its photography and videography equipment to confront the challenges in a changing world. Canon's advanced EOS R System full-frame mirrorless cameras will be used to capture coverage of breaking news and events from around the world, ranging from politics and business, to sports, arts, culture and entertainment.

In August 2023, Danaher Corporation a global science and technology innovator, announced today that it has entered into a definitive agreement to acquire Abcam plc a leading global supplier of protein consumables, pursuant to which Danaher will acquire all of the outstanding shares of Abcam for $24.00 per share in cash, or a total enterprise value of approximately $5.7 billion including assumed indebtedness and net of acquired cash.

In March 2023, Canon Inc. announced that the company has signed an agreement for the purchase of assets-technology for mass production of cells for use in treatment and other clinical applications-owned by Kyoto Seisakusho Co., Ltd.

Types Covered:

• Color
• Monochrome
• Other Types

Print Types Covered:

• Single-Sided
• Double-Sided

Ink Types Covered:

• Infrared Ink
• Magnetic Inks
• Micro-Embossing
• UV Invisible Inks
• Other Ink Types

Substrates Covered:

• Paper
• Plastic
• Metal
• Other Substrates

Applications Covered:

• Bank Checks
• Currency
• Documents
• ID and Payment Cards
• Labels
• Stamps
• Other Applications

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Application Analysis
• 3.7 End User Analysis
• 3.8 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Microprinting Market, By Type

• 5.1 Introduction
• 5.2 Color
• 5.3 Monochrome
• 5.4 Other Types

6 Global Microprinting Market, By Print Type

• 6.1 Introduction
• 6.2 Single-Sided
• 6.3 Double-Sided

7 Global Microprinting Market, By Ink Type

• 7.1 Introduction
• 7.2 Infrared Inks
• 7.3 Magnetic Inks
• 7.4 Micro-Embossing
• 7.5 UV Invisible Inks
• 7.6 Other Ink Types

8 Global Microprinting Market, By Substrate

• 8.1 Introduction
• 8.2 Paper
• 8.3 Plastic
• 8.4 Metal
• 8.5 Other Substrates

9 Global Microprinting Market, By Application

• 9.1 Introduction
• 9.2 Bank Checks
• 9.3 Currency
• 9.4 Documents
• 9.5 ID and Payment Cards
• 9.6 Labels
• 9.7 Stamps
• 9.8 Other Applications

10 Global Microprinting Market, By Geography

• 10.1 Introduction
• 10.2 North America
  • 10.2.1 US
  • 10.2.2 Canada
  • 10.2.3 Mexico
• 10.3 Europe
  • 10.3.1 Germany
  • 10.3.2 UK
  • 10.3.3 Italy
  • 10.3.4 France
  • 10.3.5 Spain
  • 10.3.6 Rest of Europe
• 10.4 Asia Pacific
  • 10.4.1 Japan
  • 10.4.2 China
  • 10.4.3 India
  • 10.4.4 Australia
  • 10.4.5 New Zealand
  • 10.4.6 South Korea
  • 10.4.7 Rest of Asia Pacific
• 10.5 South America
  • 10.5.1 Argentina
  • 10.5.2 Brazil
  • 10.5.3 Chile
  • 10.5.4 Rest of South America
• 10.6 Middle East & Africa
  • 10.6.1 Saudi Arabia
  • 10.6.2 UAE
  • 10.6.3 Qatar
  • 10.6.4 South Africa
  • 10.6.5 Rest of Middle East & Africa

11 Key Developments

• 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 11.2 Acquisitions & Mergers
• 11.3 New Product Launch
• 11.4 Expansions
• 11.5 Other Key Strategies

12 Company Profiling

• 12.1 Brady Corporation
• 12.2 Canon, Inc.
• 12.3 Danaher Corporation
• 12.4 DASCOM Americas
• 12.5 Hewlett Packard Enterprise (HPE)
• 12.6 Hubergroup Deutschland GmbH
• 12.7 Matica Technologies AG
• 12.8 Ricoh Company, Ltd
• 12.9 Sauressig GmbH+ Co KG
• 12.10 SICPA Holdings SA
• 12.11 Videojet Technologies Inc.
• 12.12 Xeikon B.V.
• 12.13 Xerox Holdings Corporation
• 12.14 Zebra Technologies Corporation