Global Microprinting Market Overview
According to SPER Market Research, the Global Microprinting Market is estimated to reach USD 1.02 billion by 2032 with a CAGR of 5.26%
As a security measure, alphabetic letters and numbers are printed on bank checks, banknotes, stamps, and other valuables using the anti-counterfeiting process known as microprinting. The placement of the microprint is typically in a region of the item that is undetectable to the naked eye. As when these characters are printed and appear as lines or dots on a document, documents containing microprinted characters cannot be reproduced. Since currency requires the highest level of counterfeiting deterrent, it is the most often used application of microprinting. High-end personal care items, miniature electronic parts, and wires and cables that need to be traceable for their manufacture also use it. Organizational basic belief age measures are increasingly using recent advancements in digital technologies.
Microprinting is being used extensively in associations across several industry sectors. Key elements include financial rules and regulations, the promotion of innovative products, the expansion of the web-based business sector, and the growing demand for products that prevent copying are all expected to experience significant growth. A boom in research projects by universities throughout the world to increase the capabilities of microprinting has also created new prospects for significant roles in this industry. The global industry is also being driven by the growing use of microprinting in currency standards and stamps. Governments and corporate organisations have recently started using the Microprinting method for identification cards and permit to curb abuse and thwart dishonest practices. The growth of the microprinting market has been greatly supported by this.
Impact of COVID-19 on the Global Microprinting Market
The COVID-19 pandemic outbreak has had a negative impact on a number of sectors and manufacturing facilities around the world. Production and logistics have substantially decreased in many industrial areas. The deteriorating economic state of various countries has also had an influence on industries. The supply chain disruption stopped the e-commerce sector, which employs microprinted labels, tags, and packaging and is one of the main consumers of the technology.
These factors have a detrimental effect on the sector's overall growth of microprinting. A number of countries have also reduced their production of consumer electronics, especially China, which is thought to be the biggest producer in the world. The crucial industrial processes were only carried out during the shutdown because China was severely affected. Due to China producing less consumer electronics recently, there has been a significant decline in the requirement for microprinting.
-006075615022023.jpg)
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Type, By Substrate Type, By Ink Type, By Print Type, By End-User.
|
| Regions covered | Asia-Pacific, Europe, Middle East and Africa, North America, Latin America
|
| Companies Covered | Brady Worldwide Inc., Canon Inc., H.P. Development Company L.P., Huber Group, Matica Technologies Group S.A., Ricoh, Videojet Technologies Inc., Xerox Corporation, Zebra Technologies Corp.
|
Global Microprinting Market Segmentation:
1. By Type:
2. By Substrate Type:
3. By Ink Type:
- Infrared Ink Markings
- Magnetic Inks
- Micro-Embossing
- Special Inks
- UV Invisible Inks
4. By Print Type:
5. By End-User:
- BFSI
- Consumer Electronics
- Education
- Government
- Healthcare
- IT and Telecom
- ackaging
6. By Region:
- Asia-Pacific
- Europe
- Middle East & Africa
- North America
- Latin America
Key Topics Covered in the Report:
- Size of Global Microprinting Market (FY’2019-FY’2032)
- Overview of Global Microprinting Market
- Segmentation of Global Microprinting Market By Type (Color, Monochrome)
- Segmentation of Global Microprinting Market By Substrate Type (Metal, Paper, Plastic)
- Segmentation of Global Microprinting Market By Ink Type (Infrared Ink Markings, Magnetic Inks, Micro-Embossing, Special Inks, UV Invisible Inks)
- Segmentation of Global Microprinting Market By Print Type (Double-sided, Single-sided)
- Segmentation of Global Microprinting Market By End-User (BFSI, Consumer Electronics, Education, Government, Healthcare, IT and Telecom, Packaging, Others)
- Statistical Snap of Global Microprinting Market
- Growth Analysis of Global Microprinting Market
- Problems and Challenges in Global Microprinting Market
- Competitive Landscape in the Global Microprinting Market
- Impact of COVID-19 and Demonetization on Global Microprinting Market
- Details on Recent Investment in Global Microprinting Market
- Competitive Analysis of Global Microprinting Market
- Major Players in the Global Microprinting Market
- SWOT Analysis of Global Microprinting Market
- Global Microprinting Market Future Outlook and Projections (FY’2019-FY’2032)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2. COVID-19 Impacts of the Global Microprinting Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths
5.1.2 Weaknesses
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape
5.2.4 Technological landscape
5.2.5 Environmental landscape
5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers
5.3.2 Bargaining power of Buyers
5.3.3 Threat of Substitute
5.3.4 Threat of new entrant
5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Competitive Landscape
6.1 Global Microprinting Manufacturing Base Distribution, Sales Area, Product Type
6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Microprinting Market
7. Global Microprinting Market, By Type, 2019-2032 (USD Million)
7.1. Color
7.2. Monochrome
8. Global Microprinting Market, By Substrate Type, 2019-2032 (USD Million)
8.1. Metal
8.2. Paper
8.3. Plastic
9. Global Microprinting Market, By Ink Type, 2019-2032 (USD Million)
9.1. Infrared Ink Markings
9.2. Magnetic Inks
9.3. Micro-Embossing
9.4. Special Inks
9.5. UV Invisible Inks
10. Global Microprinting Market, By Print Type, 2019-2032 (USD Million)
10.1. Double-sided
10.2. Single-sided
11. Global Microprinting Market, By End-User, 2019-2032 (USD Million)
11.1. BFSI
11.2. Consumer Electronics
11.3. Education
11.4. Government
11.5. Healthcare
11.6. IT and Telecom
11.7. Packaging
11.8. Others
12. Global Microprinting Market, By Region, 2019-2032 (USD Million)
12.1. Global Microprinting Market Size and Market Share by Region (2019-2025)
12.2. Global Microprinting Market Size and Market Share by Region (2026-2032)
12.3. Asia-Pacific
12.3.1. Australia
12.3.2. China
12.3.3. India
12.3.4. Japan
12.3.5. South Korea
12.3.6. Rest of Asia-Pacific
12.4. Europe
12.4.1. France
12.4.2. Germany
12.4.3. Italy
12.4.4. Spain
12.4.5. United Kingdom
12.4.6. Rest of Europe
12.5. Middle East and Africa
12.5.1. Kingdom of Saudi Arabia
12.5.2. United Arab Emirates
12.5.3. Rest of Middle East & Africa
12.6. North America
12.6.1. Canada
12.6.2. Mexico
12.6.3. United States
12.7. Latin America
12.7.1. Argentina
12.7.2. Brazil
12.7.3. Rest of Latin America
13. Company Profiles
13.1. Brady Worldwide Inc.
13.1.1. Company details
13.1.2. Financial outlook
13.1.3. Product summary
13.1.4. Recent developments
13.2. Canon Inc.
13.2.1. Company details
13.2.2. Financial outlook
13.2.3. Product summary
13.2.4. Recent developments
13.3. H.P. Development Company L.P.
13.3.1. Company details
13.3.2. Financial outlook
13.3.3. Product summary
13.3.4. Recent developments
13.4. Huber Group
13.4.1. Company details
13.4.2. Financial outlook
13.4.3. Product summary
13.4.4. Recent developments
13.5. Matica Technologies Group S.A.
13.5.1. Company details
13.5.2. Financial outlook
13.5.3. Product summary
13.5.4. Recent developments
13.6. Ricoh
13.6.1. Company details
13.6.2. Financial outlook
13.6.3. Product summary
13.6.4. Recent developments
13.7. Videojet Technologies Inc.
13.7.1. Company details
13.7.2. Financial outlook
13.7.3. Product summary
13.7.4. Recent developments
13.8. Xerox Corporation
13.8.1. Company details
13.8.2. Financial outlook
13.8.3. Product summary
13.8.4. Recent developments
13.9. Zebra Technologies Corp.
13.9.1. Company details
13.9.2. Financial outlook
13.9.3. Product summary
13.9.4. Recent developments
14. List of Abbreviations
15. Reference Links
16. Conclusion
17. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
