LegalLaw247.com, January 14, 2020 ) Meticulous Research® – leading global market research company is researching on Microprinting market titled “Microprinting Market by Substrate Type (Paper, Plastic, Metal), End-use Industry (Healthcare, Education, Government, BFSI, Consumer Electronics, Packaging, Transportation and logistics, Others), Applications (ID Cards, Labels, Stamps, Bank Cheques, Corporate, Defence, Others), Colour (Monochrome and Colour), Pattern (Infrared Ink Marking, UV Invisible Marking, Micro Embossing, Magnetic Ink, Special Ink), Print Type (Single-sided, Double sided) and Region - Global Forecast to 2025”.
Rapid growth in the e-commerce sector is forcing industries to provide proper packing and identification facilities for avoiding duplication, and this is driving the growth of microprinting market. Moreover, increasing adoption of microprinting technique for proper packaging in order to avoid duplication and ease of identification; rapidly increasing demand for high-quality secured prints to identify and discriminate diverse packaged products; and increasing adoption of microprinting techniques in passports, identity cards, and other important documents in several organizations is also driving the growth of microprinting market.
𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭:
𝐓𝐡𝐞 𝐁𝐚𝐧𝐤𝐢𝐧𝐠 𝐚𝐧𝐝 𝐅𝐢𝐧𝐚𝐧𝐜𝐞 𝐒𝐞𝐠𝐦𝐞𝐧𝐭 𝐢𝐬 𝐄𝐱𝐩𝐞𝐜𝐭𝐞𝐝 𝐭𝐨 𝐖𝐢𝐭𝐧𝐞𝐬𝐬 𝐭𝐡𝐞 𝐇𝐢𝐠𝐡𝐞𝐬𝐭 𝐂𝐀𝐆𝐑 𝐝𝐮𝐫𝐢𝐧𝐠 𝐭𝐡𝐞 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐏𝐞𝐫𝐢𝐨𝐝
Based on end-use industry, the microprinting market is segmented into healthcare, education, government, BFSI, consumer electronics, packaging, transportation & logistics, and others. Among these, the BFSI segment is projected to grow at the highest rate in the coming years. The adoption of this printing technique is growing rapidly in the BFSI domain for anti-counterfeit tools and printers for fraudulent deterrence. Mostly, the banks are integrating advanced security facilities to protect bank currency from counterfeiting.
Single-Sided Print Type to Witness Fastest CAGR During the Forecast Period
Based on print type, the microprinting market is segmented into single sided and double sided microprinting. Among these, single-sided microprinting is expected to account for a larger share of the global microprinting market. The growth is mainly attributed to the wide acceptance of single-sided microprinting for employee and membership ID cards, mostly in government, education, and corporate applications. Also, increasing adoption of microprinted postage stamps and event badges are further pushing up the microprinting market.
𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐬𝐚𝐦𝐩𝐥𝐞 𝐫𝐞𝐩𝐨𝐫𝐭 𝐰𝐢𝐭𝐡 𝐚𝐥𝐥 𝐠𝐫𝐚𝐩𝐡𝐬 𝐚𝐧𝐝 𝐜𝐡𝐚𝐫𝐭𝐬 𝐫𝐞𝐥𝐚𝐭𝐞𝐝 𝐭𝐨 𝐢𝐭: -
𝐀𝐬𝐢𝐚-𝐏𝐚𝐜𝐢𝐟𝐢𝐜: 𝐓𝐡𝐞 𝐅𝐚𝐬𝐭𝐞𝐬𝐭 𝐆𝐫𝐨𝐰𝐢𝐧𝐠 𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐌𝐚𝐫𝐤𝐞𝐭
𝐆𝐞𝐨𝐠𝐫𝐚𝐩𝐡𝐢𝐜𝐚𝐥𝐥𝐲, North America, comprising the U.S. and Canada, accounted for the largest share of the global market. However, Asia-Pacific is expected to witness rapid growth during the forecast period. Many banks, government financial, and corporate organizations are available in this region which are noticing increased use of microprinting technology-based printers. Increasing development activities and rapid economic expansion in the Asia-pacific region are expected to witness the high growth in the microprinting market. Moreover, standards and regulations in the banking sector, expanding e-commerce sector, and technological advancement in microprinting technology in BFSI domain are the key factors driving the growth of the Asia-Pacific microprinting market.
𝐓𝐡𝐞 𝐤𝐞𝐲 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐨𝐩𝐞𝐫𝐚𝐭𝐢𝐧𝐠 𝐢𝐧 𝐭𝐡𝐞 𝐠𝐥𝐨𝐛𝐚𝐥 𝐦𝐢𝐜𝐫𝐨𝐩𝐫𝐢𝐧𝐭𝐢𝐧𝐠 𝐦𝐚𝐫𝐤𝐞𝐭 𝐚𝐫𝐞 Source
Technologies (US), Domino Printing Sciences PLC (UK), Hewlett-Packard Company (US), Xerox Corporation (US), Videojet Technologies, Inc. (US), Brady Corporation (US), Huber Group (India), Team NiSCA (US), Diagramm Health GmbH & Co. KG (Germany), Micro Format, Inc. (US), William Frick & Company (US), Gallas Label & Decal (US), Zebra Technologies Corporation (US), Printegra (US), Matica Technologies AG (Germany), and Ricoh Company Ltd. (Japan).
𝐁𝐫𝐨𝐰𝐬𝐞 𝐭𝐡𝐞 𝐢𝐧-𝐝𝐞𝐩𝐭𝐡 𝐫𝐞𝐩𝐨𝐫𝐭: -
𝐓𝐚𝐛𝐥𝐞 𝐨𝐟 𝐂𝐨𝐧𝐭𝐞𝐧𝐭𝐬
1. Introduction to Microprinting Market
1.1. Market definition
1.2. Scope of study
1.3. Global Microprinting Market Ecosystem
1.4. Currency & Limitation
1.5. Key Stakeholders
2. Research Methodology
2.1. Research Process
2.1.1. Secondary Research
2.1.2. Primary Research
2.1.3. Market Analytics
3. Executive Summary
4. Market Insights
4.2. Market Dynamics
4.3. Regulatory Analysis
4.4. Market Share Analysis, by Key Player
5. Microprinting Market, by Substrate Type
…. Get More
January 14, 2020 Posted By: admin
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