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Security Paper Market to Grow by USD 8.4 Billion (2024-2028), Driven by Expansion in Global Banknote Industry, Report with AI-Powered Insights – Technavio

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NEW YORK, Dec. 13, 2024 /PRNewswire/ — Report on how AI is driving market transformation – The global security paper market size is estimated to grow by USD 8.4 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 7.36%  during the forecast period. Growing global banknote industry is driving market growth, with a trend towards growing r and d activities. However, rising global e-passport industry  poses a challenge. Key market players include Ciotola s.r.l., De La Rue PLC, DIPA Zrt, DREWSEN SPEZIALPAPIERE GmbH and Co. KG, EPL House, FEDRIGONI Spa, FNMT RCM, Gemini Graphics Pvt. Ltd., Giesecke Devrient GmbH, HG Technology Sdn Bhd, Joint Stock Co. Goznak, Pura Group, Rolland Enterprises Inc., Security Paper Mill Inc., Security Papers Ltd., Security Printing and Minting Corp. Of India Ltd., and Simpson Security Papers Inc, Sequana Group, China Banknote Printing and Minting Corporation, Document Security Systems Inc.

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Security Paper Market Scope

Report Coverage

Details

Base year

2023

Historic period

2017 – 2021

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 7.36%

Market growth 2024-2028

USD 8.4 billion

Market structure

Fragmented

YoY growth 2022-2023 (%)

6.6

Regional analysis

APAC, North America, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 53%

Key countries

US, China, Germany, Japan, and Canada

Key companies profiled

Ciotola s.r.l., De La Rue PLC, DIPA Zrt, DREWSEN SPEZIALPAPIERE GmbH and Co. KG, EPL House, FEDRIGONI Spa, FNMT RCM, Gemini Graphics Pvt. Ltd., Giesecke Devrient GmbH, HG Technology Sdn Bhd, Joint Stock Co. Goznak, Pura Group, Rolland Enterprises Inc., Security Paper Mill Inc., Security Papers Ltd., Security Printing and Minting Corp. Of India Ltd., and Simpson Security Papers Inc, Sequana Group, China Banknote Printing and Minting Corporation, Document Security Systems Inc.

Market Driver

The Security Paper Market is witnessing significant trends and advancements, with a focus on enhancing the security of currency notes and documents. The use of alteration-resistant materials like cotton fiber paper and hybrid security papers is on the rise. Banknote substrate is transitioning from traditional cotton to polymer, offering improved durability and counterfeit resistance. Emerging technologies like blockchain technology and Cylinder mold technology are being explored for data security applications in banking and identity documents. Customized papers with holograms, micro print elements, and UV fibers are becoming standard. The cash-based economy continues to drive demand for security papers in currency printing. Counterfeiting of documents and data leaks pose challenges, necessitating the incorporation of advanced security features such as magnetic microwires, thread, and fluorescent elements. Infrastructure modernization in developing economies with large population bases presents business opportunities for security paper manufacturers. Louisenthal and Veridos are key players, offering innovative solutions like passport and visa documents with advanced security features. Technological developments in the field include digitization, which offers opportunities for digital data security applications. The market is also exploring the use of natural materials like pulp and watermarks for sustainable and secure solutions. 

Commercial vendors in the global security paper market are intensifying their research and development (R&D) investments to stay competitive. With numerous state-owned paper mills and printing companies in the market, product differentiation is essential for commercial entities to thrive. Innovative paper printing technologies and advanced security features are crucial investments for vendors to maintain their market position. For instance, De La Rue boosted its R&D budget by 100% in 2020, resulting in the launch of six new products, each incorporating four distinct security features for currency printing. 

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Market Challenges

The Security Paper Market is witnessing significant growth due to the increasing demand for secure documents in various sectors. However, challenges such as alteration and forgery of documents, particularly in a cash-based economy, remain a major concern. Counterfeiting of currency notes, identity cards, and other legal documents continues to pose a threat, necessitating advancements in security features. Banknote substrate, including cotton and polymer, plays a crucial role in currency printing. Emerging technologies like blockchain and holograms offer business opportunities for enhancing document security. Infrastructure modernization in developing economies with large population bases presents significant opportunities for security paper manufacturers. Cotton fiber paper, thread, and magnetic microwires are common security elements. Hybrid security papers, incorporating natural materials and micro print elements, offer advanced security features. Technological developments, such as Cylinder mold technology and UV fibers, are essential for producing customized papers with superior security. Data leaks and data security applications are driving the digitization of various documents. Louisenthal, Veridos, and other leading players are investing in product development plans to cater to these trends. The market for safety papers, including stamp paper and passports, is expected to grow due to the increasing need for secure identity verification in transportation and logistics.The global e-passport market is experiencing notable growth due to increasing concerns over illegal immigration and trans-border crimes. E-passports offer enhanced security features, enabling quick and efficient identity verification at international borders. Government agencies utilize e-passports for heightened border control. The market’s expansion began in the early 2000s but gained momentum following high-profile terrorist attacks, such as 9/11, Madrid, London, and Paris, which underscored the necessity for advanced security measures. The need to safeguard citizens and combat passport fraud further fuels market growth.

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Segment Overview 

This security paper market report extensively covers market segmentation by  

Product 1.1 Currency note1.2 Passport1.3 OthersType 2.1 Hybrid paper2.2 Watermark2.3 Hologram2.4 Thread and UV fiberGeography 3.1 APAC3.2 North America3.3 Europe3.4 South America3.5 Middle East and Africa

1.1 Currency note-  The global automated teller machine (ATM) services market has experienced significant growth since 2010, with North America leading the charge. The US and Canada have been key contributors to this growth in the region. In Asia-Pacific (APAC) and Latin America, the banking sector maintained a steady growth rate even during financial crises. The increasing economies in Southeast Asian countries like Singapore, Taiwan, Thailand, and Vietnam are boosting the growth of the banking sector in APAC. As of 2022, North America had the most ATMs, with over 3.2 million units installed worldwide. The rise of cash recycler ATMs and the provision of value-added services like balance inquiries and checkbook requests have fueled the growth of ATMs. The market is projected to expand by 5-9% during the forecast period due to the anticipated penetration of ATM services in underdeveloped areas. The expansion of the banking system and the growing number of ATMs worldwide are anticipated to boost the demand for currency notes, thereby driving the growth of the security paper market.

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Research Analysis

The Security Paper Market is witnessing significant growth due to the infrastructure modernization in various sectors, particularly in the government and financial industries. With a large population base in many regions, the demand for secure documents such as passports and visas is increasing. Traditional security features like watermarks, holograms, and thread are being supplemented with advanced technologies such as polymer substrate and hybrid papers. Cash-based economies continue to drive the demand for secure currency printing. However, the risk of fraud and counterfeiting remains a major concern, leading to the adoption of advanced security features like polymer and hybrid papers. These materials offer enhanced security against alteration, forgery, and document-related fraud. Digitization is also transforming the security paper market, with many governments exploring digital alternatives to traditional documents. However, the need for secure physical documents will continue to persist, particularly for high-value transactions and critical applications. Security features like watermarks, holograms, and thread remain essential for ensuring the authenticity of original documents. Meanwhile, the printing of currency and the counterfeiting of documents continue to pose significant challenges, requiring ongoing innovation and investment in security technologies.

Market Research Overview

The Security Paper Market encompasses the production and supply of specialized papers used for currency notes, banking applications, identity cards, certificates, and other important documents. These papers incorporate various security features such as holograms, watermarks, micro print elements, and magnetic microwires to prevent counterfeiting and document related fraud. Emerging technologies like blockchain technology and digitization are creating new business opportunities in this sector. Natural materials like cotton and cotton fiber paper continue to be used due to their durability and resistance to alteration. Infrastructure modernization in the Cash based economy, particularly in countries with large population bases, is driving demand for security papers. Technological developments in Cylinder mold technology, Hybrid paper, and Polymer substrate are also shaping the product development plan for security paper manufacturers. However, the threat of data leaks and data security applications necessitates the integration of advanced security features into these papers. The market for security papers is expected to grow significantly due to the increasing need for secure and authentic documents in various sectors, including transportation and logistics, legal documents, and passport and visa applications.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ProductCurrency NotePassportOthersTypeHybrid PaperWatermarkHologramThread And UV FiberGeographyAPACNorth AmericaEuropeSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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1B views since June: Coda and TikTok Gaming turn content into commerce

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Partnership gives publishers a new route to reach consumers through TikTok’s creators

SINGAPORE, Nov. 2, 2026 /PRNewswire/ — Coda, a global leader in digital content monetization and distribution, is working with TikTok Gaming to create a new route from content discovery to purchase for consumers across Southeast Asia.

Through the partnership, TikTok users in Thailand, Malaysia, Singapore, Indonesia and the Philippines can link directly to Codashop to purchase game top-ups, gift cards and other digital goods. Creators can feature Codashop-listed content through livestreams and short-form videos, giving publishers a new way to reach consumers in the environments where they are already discovering and engaging with games.

Since its mid-June 2026 launch, creator videos linking to Codashop have drawn 1 billion views, with click-through averaging above 5% and around 5% of clicks converting to purchases. The majority of buyers are new to Codashop, showing the potential of creator-led commerce to bring publishers new customers as well as transactions.

“Commerce is increasingly happening wherever discovery happens,” said Zac Liew, Chief Commercial Officer, B2B, Coda. “TikTok gives us a new way to connect those moments. For publishers, that means reaching consumers earlier in the journey and turning engagement into purchase through a channel that is already core to how people discover games and content.”

The partnership reflects a broader shift in digital commerce, as social platforms, creators and content play a growing role in how consumers decide what to buy. For Coda, that creates new opportunities to extend digital content distribution beyond traditional storefronts and connect publishers with consumers across more channels.

Codashop is one of Southeast Asia’s most established destinations for digital content, recording more than 6 million transactions and 13 million site visits every month. Coda works with some of the world’s leading publishers and digital businesses, including Activision, Electronic Arts and Riot Games.

Founded in Jakarta in 2011, Coda has grown from its Southeast Asian roots into a global digital content monetization and distribution business. Codashop launched in Indonesia in 2014 and has since expanded across the region and beyond.

Coda will continue to explore new commerce and distribution models with publishers and platform partners, creating more ways for consumers to discover and purchase digital content.

About Coda

Coda is a global leader in monetization, distribution, and commerce, trusted by the biggest names in gaming, entertainment, and technology, including Activision, Electronic Arts, Riot Games, Ubisoft, and Moonton. Founded in 2011 and headquartered in Singapore, Coda operates with 670+ employees worldwide, with core hubs in Asia and Europe. Coda combines payments, commerce, distribution, and rewards to drive global revenue growth for brands and publishers.

Coda’s products include Codapay, which provides access to 400+ payment methods across 80+ markets through a single API integration; Coda Webstore, which powers fully customized direct-to-consumer storefronts; Coda Consumer Platforms, including Codashop, Recharge.com, and Startselect.com; Coda Distribution, which extends reach through a network of commerce partners; and Giftcloud, a UK-based rewards business serving enterprise customers across Europe.

Coda is backed by Apis Partners, Insight Partners, Smash Capital, and GIC, and has been named an APAC High Growth Company (2023) by Financial Times, one of Granite Asia’s NextGenTech 30 (2024), a payments leader on Fortune’s Fintech Innovation Asia list (2024), and listed among The Straits Times Fastest Growing Fintechs (2024). For more on Coda, visit coda.co.

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SOURCE Coda

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One Stop Swap Explores School Fundraising as a Community-Based Growth Strategy

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With more than 3,400 preregistrations ahead of its planned 2027 launch, the marketplace is exploring school partnerships as a way to support communities while building a potentially lower-cost customer acquisition model.

LOS ANGELES, Nov. 1, 2026 /PRNewswire/ — Los Angeles-based One Stop Swap, Inc., a peer-to-peer marketplace preparing for a 2027 launch, is exploring a community-based growth strategy that could help schools raise money while introducing hundreds of families to its buying, selling and swapping platform.

The idea originated in conversations between Co-Founder Stephen Bikoff and his wife, a first-grade teacher. Their discussions about traditional school fundraising sparked a simple question: What if families could support their schools by selling things they already own instead of being asked to buy more?

“Talking with my wife about school fundraising made me realize how much value families have sitting unused in their homes,” said Bikoff. “Why not explore a way to turn those items into money for schools while introducing families to something they can continue using long after the fundraiser ends?”

One School. Hundreds of Potential Members.

Under the proposed program, schools and parent organizations could invite families, educators, alumni and neighbors to participate in online resale campaigns, with sellers choosing to donate a portion of their proceeds.

For One Stop Swap, the opportunity extends beyond fundraising. A single school partnership could introduce hundreds of households to the marketplace, potentially generating new members, merchandise listings, transactions and referrals.

Rather than relying exclusively on paid advertising, the company wants to test whether trusted community relationships can provide a more cost-effective, repeatable way to attract and retain members.

Potential pilot programs would measure customer acquisition costs, registrations, listings, completed transactions, donations and repeat activity. If successful, the model could expand to youth sports leagues, nonprofit organizations and other community groups.

“We want to build a company where doing something good for a community also makes good business sense,” Bikoff added. “If we can help schools raise money while building lasting relationships with new members, that’s worth exploring.”

Early Interest Ahead of Launch

One Stop Swap reports more than 3,400 preregistrations ahead of its planned 2027 launch.

The company is limiting its Founding Member program to the first 5,000 eligible participants, who will receive six months without buyer or seller platform fees starting at launch, subject to program terms.

Following the introductory period, the planned standard marketplace fee structure is 3% for buyers and 3% for sellers.

The early registration program is intended to help establish an initial community of buyers and sellers before the marketplace opens.

Building Beyond Traditional Resale

One Stop Swap is developing a single platform for buying, selling and direct item-for-item swapping of pre-owned goods.

The company’s longer-term roadmap includes plans to introduce live shopping after its second year of operation, creating more interactive ways for members to discover merchandise and connect with one another.

Together, these initiatives reflect a broader strategy focused on attracting members, expanding available inventory, encouraging repeat transactions and building long-term engagement.

The school fundraising concept remains under evaluation. No school partners, pilot dates or fundraising terms have been finalized, and the company has not yet validated the proposed program’s customer acquisition economics.

About One Stop Swap

One Stop Swap, Inc. is a Los Angeles-based technology company developing a U.S. peer-to-peer marketplace that combines buying, selling and direct swapping of pre-owned goods. The company is led by CEO Eric Jepsky, a technology executive with more than 25 years of experience spanning eBay, PayPal and other leading technology companies. As Co-Founder and COO of Beem, Jepsky helped grow the fintech platform to more than five million downloads. One Stop Swap is focused on affordability, community participation and new approaches to secondhand commerce.

Consumers interested in becoming Founding Members can preregister at www.onestopswap.com.

Media Contact

One Stop Swap, Inc.
Email: press@onestopswap.com
Website: https://www.onestopswap.com
Instagram: @onestopswapusa

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SOURCE One Stop Swap Inc.

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Infinix Unveils Its First Global Flagship Concept Store in Bali, Bringing “Joy Tech” to Life

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Building on its strength in product innovation, the Infinix Bali Flagship Concept Store blends bold design, coffee culture and creative experiences to bring more joy, surprise and discovery into everyday life—marking a tangible step towards a more distinctive, lifestyle-driven and premium technology brand.

BALI, Indonesia, Nov. 2, 2026 /PRNewswire/ — Infinix officially unveiled its first global Flagship Concept Store in Bali, Indonesia, on October 31. As the first store of this new format within parent company Transsion Holdings’ brand portfolio, the opening marks a significant step in Infinix’s brand evolution. Building on its foundation in technology innovation, Infinix is exploring new ways to bring technology into everyday life through design, lifestyle and creative experiences, with a focus on creating more joy, surprise and meaningful connections with global consumers.

Rooted in Infinix’s “Joy Tech” philosophy, the Bali Flagship Concept Store brings together technology, lifestyle and creativity in a new retail experience. From Infinix’s smartphones and connected devices to futuristic design, coffee and creative collaborations, the store reflects the brand’s belief that technology should go beyond specifications and performance to bring enjoyment, spark curiosity and create meaningful value in everyday life.

Together, these elements offer a bold new approach to experiential retail in the smartphone and consumer electronics industry—bringing technology, lifestyle and creativity together to transform a traditional retail space into a destination for discovery, participation and shared experiences.

Inside the Store: Where Technology Meets Lifestyle

The experience begins even before stepping inside. With its futuristic design, reflective metallic surfaces and digital visuals, the Bali Flagship Concept Store makes a striking first impression. An eye-catching robotic-arm installation anchors the space, transforming technological imagination into a bold visual statement.

This distinctive setting brings Infinix’s “1+2+X” retail concept to life: one comprehensive technology experience, two signature experience elements and an evolving range of creative activities and collaborations.

At its core, the store showcases Infinix’s smartphone lineup, including the NOTE 60 and HOT 70 series and the GT 50 Pro. The experience also highlights Infinix’s broader AIoT ecosystem, featuring recent standout products such as the ZCLIP 2 Pro clip-on earbuds, SPACE Max wireless headphones, and XEnergy portable power stations, giving people the opportunity to explore the brand’s innovations firsthand.

Complementing this technology experience are two distinctive lifestyle elements: n_x, Infinix’s locally developed coffee brand, and the signature robotic-arm installation. At n_x, a simple coffee break becomes an invitation to slow down, recharge and enjoy a laid-back moment amid a busy day. Whether catching up with friends or taking a moment for oneself, even an everyday cup of coffee can bring a little unexpected delight. Together, these elements introduce a more relaxed and imaginative side of technology into the space.

The “X” opens up further possibilities through gaming, music, sports, creative partnerships, interactive content and community-driven activities. By introducing new ideas and collaborations over time, Infinix envisions a space that continues to surprise and inspire, offering fresh experiences and new ways for people to connect with the brand.

Keeping the Experience Fresh Through Co-Creation

Beyond its distinctive retail concept, the Bali Flagship Concept Store also aims to bring creators and consumers closer to the brand. Rather than simply featuring established names or one-off partnerships, Infinix hopes to work with artists, musicians and other creative talents to develop original content and experiences. People can also take part through shared experiences, content creation and feedback, becoming active participants rather than passive audiences.

Designed to evolve beyond its opening, the store aims to introduce new collaborations, creative displays and lifestyle activities over time. This ongoing renewal can give people fresh reasons to return while allowing the space to become a source of new ideas, stories and connections between Infinix and its community.

From a Flagship Concept Store to a Living Brand Destination

Infinix’s longer-term vision is for the Bali Flagship Concept Store to develop its own recognizable identity, becoming a destination people return to for its distinctive experiences and sense of community—not just its products. Its appeal would come not only from the space itself, but also from what continues to happen there.

The Bali opening also marks the beginning of a broader retail expansion journey. Infinix plans to open five additional flagship stores across Indonesia this year, while exploring similar concept-led retail experiences in other markets. Rather than replicating the Bali format, future locations will be adapted to local cultures, consumer preferences and lifestyles, allowing Joy Tech to take different forms in different communities.

For Infinix, the Bali Flagship Concept Store represents a new direction in brand building: keeping product innovation at its core while giving people more reasons to connect with the brand beyond a purchase. By extending Joy Tech into design, everyday lifestyle experiences and creative collaborations, Infinix is taking a concrete step towards a more distinctive, lifestyle-driven and premium brand identity.

About Infinix
Established in 2013, Infinix is an innovation-driven brand dedicated to delivering cutting-edge technology, bold design, and outstanding performance. The brand provides smart, enjoyable mobile experiences that enhance everyday life. Beyond smartphones, Infinix has expanded its portfolio to include TWS earbuds, smartwatches, laptops, tablets, smart TVs, and more — building a comprehensive ecosystem of smart devices. Currently, Infinix products are available in over 80 countries and regions worldwide, including Africa, Latin America, the Middle East, South Asia, and Southeast Asia.

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