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Smithers research found that the field of secure printing has ushered in a big change

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core tip: according to the preliminary data of the forthcoming Smithers report "the future of global secure printing to 2024", 2019, The global security printing market is expected to reach 29.8 billion

according to the preliminary data of the forthcoming Smithers report "the future of global security printing to 2024", the global security printing market is expected to reach 29.8 billion US dollars in 2019. Driven by the market expansion of developing countries (especially Asia, the Middle East and Africa), the total value will reach about US $37.7 billion by 2024

2: the interface on the plug-in controller must be turned off. The security printing industry is adapting to the new market reality, especially the widespread use of electronic payment and digital identity platform is threatening the long-term survival of the core market. The impact of these trends on the production of personal identity cards and banknotes will be limited during Smithers' five-year forecast period and will be offset by the growth of new sectors

in the long run, this will bring a certain degree of uncertainty. In response, well-known enterprises in the security printing sector of the private sector are diversifying their product categories. In particular, they are interested in extending the role of traditional high security printers to service provision, including software and support for circulating documents

provide suitable connection and support after polymerization in situ at body temperature. In the next five years, different segments of the market will face new challenges and challenges. Smithers' analysis identified the following factors as the most important

by 2024, printing banknotes will still be the most valuable part of the entire security printing industry, but it will also face new challenges

in general, state-owned banknote printers have accounted for about 80% of banknote production, and occupy a strong position in the world's largest banknote printer market, such as China and India. This situation, coupled with the decline in orders in developed markets, is putting pressure on commercial printers

it is worth mentioning that the improvement of durability and the widespread use of electronic payment methods have led to the reduction of orders for new banknotes in some currencies (such as the euro)

new opportunities that do exist will appear in developing markets, where there are some smaller countries that do not have national printing. Due to the widespread use of credit cards, debit cards and mobile e-wallets, the prediction of future banknote demand has declined, but the popularity of these technologies largely depends on the local infrastructure and the country's attitude towards cash

personal identity document

as for personal identity documents, electronic certificates and verification will determine the trend in the 1920s. Physical documents will continue to be issued - only a few countries, such as Estonia, have taken concrete steps to reduce the transition to a real platform. The medium-term trend is to reduce the use of printed documents, and the demand for new physical components and printing is significantly reduced. This reflects the repositioning of the personal identification industry and the integration of a series of new technologies into the electronic field to complete authentication

brand protection packaging

although its market share in the whole secure printing market is relatively small, the demand for intelligent and secure printing packaging makes it the second fastest growing part of the market

the key challenge is to develop effective solutions for the packaging of goods sold through e-commerce, because this sales channel is increasingly popular among consumers and has long been used by sellers of counterfeit goods. The industry is also very good in polycarbonate, which will benefit from the introduction of mandatory traceability of drug packaging and tampering evidence function

legislation and international agreements have also driven new demand for printed tax tickets - especially for tobacco, but also other commodities. The protocol to the World Health Organization Framework Convention on tobacco control ratified at the end of 2018 means that by 2023, all 168 signatory countries must introduce tobacco tracking systems. This will make stamp duty the fastest-growing security document type in the next five years. The newly released ISO 22382 standard provides guidance for the new generation of stamp duty

according to the EU revised tobacco products directive (TPD) 2014/40/eu, the demand for Jinan experimental machine with the highest terminology in the country has increased more directly in the production areas of real experimental machine

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