Banknote Market | Leading Segments, Trends, Drivers and Challenges
Market Recovery and Growth Projections 2021-2025
Global banknote market is likely to post an incremental growth of $ 2.47 billion, accelerating at a CAGR of 4.18% during the forecast period. This research provides a detailed analysis of the market segments and geographic landscape. It also offers insights into the various growth factors and challenges that are likely to have a negative impact on market growth. This thorough research will equip clients with the insights necessary to plan and strategize a post-pandemic recovery plan.
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Banknote Market: Market Segments and Growth Forecasts
This research report will provide insights into the current market share of each segment along with growth projections for the next five years.
- Market is segmented by Geography (APAC, North America, Europe, MEA, and South America).
- 31% of the market growth will originate from North America during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Banknote Market size.
Banknote Market: Trends, Drivers, Challenges
The report also offers a detailed impact analysis of various trends, drivers, and challenges that are likely to influence the market growth during the forecast period. These insights will equip clients to design a growth strategy for their business and area of operations.
- Central bank policies for clean banknotes will be a significant factor in driving the growth of the Banknote Market.
- Implementation of demonetization policies will be instrumental in driving the market growth during the forecast period.
- Transition toward cashless economy is a hurdle that needs to be crossed on the path to success.
Banknote Market: Vendor Analysis
- The market is fragmented.
- BNB Corp., CCL Industries Inc., Crane Co., De La Rue Plc, FNMT-RCM, Giesecke + Devrient GmbH, Joint Stock Company Goznak, Oberthur Fiduciaire SAS, Orell Fussli Holding AG, and Security Papers Ltd. are some of the major market participants.
- The unprecedented outbreak of COVID-19 in 2020 has had a significant impact on market segments had a ripple effect on various stakeholders. Our vendor analysis and insights will provide you with all the information required to make the most of the opportunities and plan business recovery and growth post the pandemic.
Key Areas Covered in our Report:
- Banknote Market Split by Geography
- North America
- South America
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2020-2025
- MEA - Market size and forecast 2020-2025
- Europe - Market size and forecast 2020-2025
- North America - Market size and forecast 2020-2025
- South America - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
- Competitive scenario
- Vendor landscape
- Landscape disruption
- BNB Corp.
- CCL Industries Inc.
- Crane Co.
- De La Rue Plc
- Giesecke + Devrient GmbH
- Joint Stock Company Goznak
- Oberthur Fiduciaire SAS
- Orell Fussli Holding AG
- Security Papers Ltd.
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The report provides insights into the following FAQs:
- What is the market CAGR?
The market will accelerate at a CAGR of 4.18%.
- What is the incremental growth of the market?
The market is expected to grow by $ 2.47 bn through 2021-2025.
- What is a key factor driving this market?
Central bank policies for clean banknotes will drive market growth over the forecast period.
- What are the key regions covered in this market research report?
APAC, North America, Europe, MEA, and South America are the key regions featured in this research report.
- Which is the leading geographic region for this market:
31% growth will originate from North America
- Who are the leading market vendors?
The leading vendors in this market are BNB Corp., CCL Industries Inc., Crane Co., De La Rue Plc, FNMT-RCM, Giesecke + Devrient GmbH, Joint Stock Company Goznak, Oberthur Fiduciaire SAS, Orell Fussli Holding AG, and Security Papers Ltd.
- What are the market segments covered in this report?
The market is segmented by Geography (APAC, North America, Europe, MEA, and South America)