- Security paper, designed with embedded features to prevent counterfeiting, tampering, and forgery, plays a crucial role in securing sensitive and high-value documents such as currency, passports, certificates, legal documents, and checks. Its importance is growing across government, financial, and educational sectors due to the increasing need for document authentication and verification
- The rising demand for security paper is primarily driven by increasing incidents of document fraud, regulatory pressures to enhance document security, and growing global trade and mobility requiring secure documentation such as visas and ID cards
- Asia-Pacific leads the global security paper market with the largest revenue share of 38.7% in 2024, owing to robust production and consumption of banknotes, increasing government investments in secure documentation infrastructure, and the presence of major paper manufacturing hubs in countries such as China and India
- Europe is expected to be the fastest-growing region during the forecast period, fueled by stringent anti-counterfeiting regulations, rising adoption of e-passports, and strong demand for tamper-evident documents across public and private institutions
- The banknotes segment dominates the security paper market with a market share of 41.5% in 2024, supported by the continued circulation of physical currency in emerging and developing economies and the need for highly secure substrates in financial applications
