Dublin, March 17, 2025 (GLOBE NEWSWIRE) — The “Banknotes – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
The global market for Banknotes was valued at US$8.1 Billion in 2024 and is projected to reach US$9.6 Billion by 2030, growing at a CAGR of 2.7% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
Banknotes are a fundamental aspect of modern economies, serving as the primary medium for physical currency transactions. Originating from promissory notes issued by banks, these paper currencies have evolved significantly in design, security features, and materials used. Traditionally made from cotton or linen fiber paper, banknotes now often incorporate polymer substrates that enhance durability and longevity. The intricate designs and advanced printing techniques used in banknotes not only make them visually appealing but also incorporate numerous security features to prevent counterfeiting. These features include watermarks, security threads, microprinting, holograms, and color-shifting inks, which together help ensure the authenticity and integrity of the currency.
Technological advancements have played a crucial role in the evolution of banknotes, addressing the ongoing challenge of counterfeiting. Modern banknotes incorporate a combination of physical and digital security features that make replication exceedingly difficult. Innovations such as 3D security ribbons, transparent windows, and tactile elements have been introduced to enhance both security and usability. Central banks and monetary authorities continuously invest in research and development to stay ahead of counterfeiters, employing cutting-edge technologies in the design and production of banknotes. Additionally, the transition to polymer banknotes in many countries has not only improved durability but also enabled the inclusion of more sophisticated security features. These advancements ensure that banknotes remain a trusted and reliable form of currency in an increasingly digital world.
The growth in the banknotes market is driven by several factors. The increasing global population and economic growth in emerging markets have led to a higher demand for physical currency. Despite the rise of digital payment methods, cash remains a vital component of everyday transactions, particularly in regions with limited access to banking infrastructure. Technological advancements in banknote security and durability are also driving market growth, as countries seek to modernize their currency to combat counterfeiting and reduce costs associated with replacing damaged notes.
Furthermore, the need for new denominations and commemorative issues to mark significant events or anniversaries stimulates production and innovation in the banknote industry. These factors collectively ensure robust growth in the banknotes market, meeting the evolving demands of global economies while maintaining the integrity and trust in physical currency.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Banque de France, Bundesdruckerei GmbH, Canadian Bank Note Company, Limited, CCL Secure Pty Ltd, Crane & Co., Inc. (dba Crane Currency) and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the State-Owned Banknote segment, which is expected to reach US$7.5 Billion by 2030 with a CAGR of a 2.6%. The Commercial Banknote segment is also set to grow at 3.1% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, valued at $2.2 Billion in 2024, and China, forecasted to grow at an impressive 5.4% CAGR to reach $1.9 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Segments
- Type (State-Owned Banknote, Commercial Banknote)
- Technology (Intaglio Printing Technology, Offset Printing Technology, Letterpress Printing Technology)
Key Attributes:
Report Attribute | Details |
No. of Pages | 250 |
Forecast Period | 2024 – 2030 |
Estimated Market Value (USD) in 2024 | $8.1 Billion |
Forecasted Market Value (USD) by 2030 | $9.6 Billion |
Compound Annual Growth Rate | 2.7% |
Regions Covered | Global |
Key Topics Covered:
MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Global Economic Update
- Banknotes – Global Key Competitors Percentage Market Share in 2025 (E)
- Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2025 (E)
MARKET TRENDS & DRIVERS
- Growing Demand for Secure and Durable Banknotes Propels Market Growth
- Technological Innovations in Anti-counterfeiting Measures Strengthen Business Case
- Increasing Adoption of Polymer Banknotes Expands Addressable Market Opportunity
- Impact of Digital Payments on Banknote Circulation Dynamics
- Rising Awareness of Environmental and Sustainability Issues Drives Demand for Eco-friendly Banknotes
- Collaboration between Central Banks and Security Printers Enhances Product Development
- Impact of COVID-19 on Cash Usage Patterns Influences Market Adaptation
- Growing Use of Advanced Security Features
- Rising Focus on Banknote Aesthetics and Design Enhances Market Appeal
- Increasing Demand for High-denomination Banknotes
- Innovations in Banknote Printing Technologies Enhance Efficiency
- Growing Awareness of Cash Handling and Processing Solutions Sustains Market
- Rising Demand for Commemorative and Collector Banknotes Propels Market
FOCUS ON SELECT PLAYERS:Some of the 86 major companies featured in this Banknotes market report include:
- Banque de France
- Bundesdruckerei GmbH
- Canadian Bank Note Company, Limited
- CCL Secure Pty Ltd
- Crane & Co., Inc. (dba Crane Currency)
- De La Rue plc
- Fabrica Nacional de Moneda y Timbre – Real Casa de la Moneda (FNMT-RCM)
- Giesecke+Devrient GmbH
- Hong Kong Note Printing Limited
- Joint Stock Company Goznak
- National Printing Bureau
- Note Printing Australia Limited
- Orell Fussli AG
- Security Printing and Minting Corporation of India Limited (SPMCIL)
- The Security Printing Corp. Bangladesh Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/a9fqeh
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