安全紙市場 - 全球產業規模、佔有率、趨勢、機會及預測（按類型、應用、地區和競爭格局分類，2021-2031年）

全球安全紙市場預計將從 2025 年的 198.1 億美元成長到 2031 年的 292.8 億美元，複合年成長率為 6.73%。

這種特殊基材具有螢光纖維、浮水印和嵌入式線等保護功能，是生產鈔票、護照和官方證書的必備材料。發展中國家對實體貨幣的持續需求以及為確保國家安全而對防偽文件的迫切需要，持續支撐著市場。這些功能性需求獨立於更廣泛的技術變革而驅動市場需求，並為實體認證方法設定了基本要求。例如，歐洲央行報告稱，2024年約有55.4萬張偽造歐元鈔票被從流通中回收，這凸顯了打擊金融詐騙對高度可靠的安全基材的持續需求。

然而，全球向無現金社會和數位支付生態系統的快速轉型為市場帶來了巨大挑戰。由於電子交易和數位認證系統具有更高的可追溯性和效率，金融機構和政府擴大推廣這些系統，因此對紙本文件和實體鈔票的長期需求可能會下降。這種轉型對安全紙張製造商構成威脅，因為它減少了對實體媒體的結構性依賴，轉而採用數位替代方案，從而限制了成長機會。

市場促進因素

流通中高安全性紙幣的持續需求是推動市場發展的關鍵因素，有效抵消了無現金支付趨勢的影響。各國央行繼續優先保障實體貨幣供應，以確保經濟穩定，從而帶動了對具有防偽功能的耐用基材的穩定訂單。聯準會2025年9月的數據也印證了這一強勁勢頭，數據顯示，2025年6月至2024年6月流通中的貨幣數量增加了8億張，顯示實物貨幣供應持續擴張。因此，製造商贏得了大量重要合約。科尼格-鮑爾公司於2025年3月發布的2024年度報告指出，累積訂單年增14.1%，達到10.4億歐元，反映出安全印刷業的強勁發展勢頭。

同時，全球旅遊業的成長推動了簽證和護照的生產，進而增加了對高安全性紙張的需求。隨著國際旅行的活性化，各國政府正在升級旅行證件，採用能夠支援生物識別特徵和嵌入式電子元件的先進基材，以簡化邊境管控。這種需求的激增帶來了前所未有的行政處理效率。根據美國國務院2025年1月發布的報告《美國護照和簽證服務創紀錄》，2024會計年度預計簽發約2,450萬本護照（包括護照本和卡片式），創下新的年度紀錄。如此顯著的成長需要穩定可靠的專用防偽紙供應，這直接推動了市場需求。

市場挑戰

全球數位支付生態系統的快速發展是安全紙市場成長的主要障礙。由於電子交易具有更高的可追溯性和效率，各國政府和金融機構優先發展電子交易，對實體貨幣的依賴性正在下降。這種轉變導致紙幣的流通量和兌換頻率大幅降低，而紙幣是安全紙生產商的主要收入來源。因此，無論所生產的基材具有怎樣的安全功能和功能質量，該行業都面臨著需求的逐步結構性萎縮。

現金使用量的下降趨勢得到了主導無現金支付潮流的主要經濟體數據的佐證。根據英國金融協會（英國 Finance）預測，到2023年，英國的現金支付交易總量將降至60億筆，較上年下降7%。紙幣使用量的下降趨勢將直接導致安全紙張製造商的訂單減少。隨著數位化在開發中國家的普及，製造商面臨產量下降和產能長期閒置的風險。

市場趨勢

混合紙-聚合物複合基材正逐漸成為主流，成功彌合了全聚合物鈔票和傳統棉紙鈔票之間的差距。這種基材的革新滿足了延長流通壽命的關鍵需求，同時還能整合浮水印和嵌入式防偽線等先進安全功能，而這些特徵在純塑膠鈔票上往往難以實現。各國央行擴大選擇這種複合基材，以在不影響法證安全性的前提下，減少對環境的影響和更換頻率。例如，Giesecke & Devrient 於 2025 年 7 月發布的報告《更環保的鈔票生命週期》指出，其混合環保鈔票基材的塑膠用量比標準聚合物鈔票減少了 86%，同時實現了相近的使用壽命，凸顯了推動這一轉變的效率優勢。

同時，開發永續的環保紙基材已成為遵守全球環境法規的製造商的首要任務。這一趨勢包括轉向使用有機可再生纖維，例如認證棉花和替代作物，以及採用節能生產方法以實現供應鏈脫碳。安全紙製造商正積極最佳化資源消耗，以滿足發行機構的淨零排放目標，將永續性轉化為具有競爭力的營運要素。正如 Luisenthal 在 2025 年 1 月發表的報導《問答：鈔票的永續性》中所強調的那樣，該公司綠色長效紙基材的生物基碳含量現已超過 85%，這表明該行業有能力提供高安全性材料，並顯著減少實體貨幣的生態學足跡。

目錄

第1章概述

第2章調查方法

第3章執行摘要

第4章：客戶評價

第5章 全球安全紙市場展望

• 市場規模及預測
  • 按金額
• 市佔率及預測
  • 按類型（混合紙、浮水印、全像圖、線和UV纖維、其他）
  • 依用途分類（紙幣/鈔票、護照/簽證、身分證、法律/政府文件、證書、銀行文件、醫療報告/處方箋、運輸/物流、其他）
  • 按地區
  • 按公司（2025 年）
• 市場地圖

第6章：北美安全紙市場展望

• 市場規模及預測
• 市佔率及預測
• 北美洲：國家分析
  • 美國
  • 加拿大
  • 墨西哥

第7章：歐洲安全紙市場展望

• 市場規模及預測
• 市佔率及預測
• 歐洲：國家分析
  • 德國
  • 法國
  • 英國
  • 義大利
  • 西班牙

第8章：亞太地區安全紙市場展望

• 市場規模及預測
• 市佔率及預測
• 亞太地區：國家分析
  • 中國
  • 印度
  • 日本
  • 韓國
  • 澳洲

9. 中東和非洲安全紙市場展望

• 市場規模及預測
• 市佔率及預測
• 中東和非洲：國家分析
  • 沙烏地阿拉伯
  • 阿拉伯聯合大公國
  • 南非

第10章：南美安全紙市場展望

• 市場規模及預測
• 市佔率及預測
• 南美洲：國家分析
  • 巴西
  • 哥倫比亞
  • 阿根廷

第11章 市場動態

• 促進要素
• 任務

第12章 市場趨勢與發展

• 併購
• 產品發布
• 最新進展

第13章 全球安全紙市場：SWOT分析

第14章：波特五力分析

• 產業競爭
• 新進入者的可能性
• 供應商電力
• 顧客權力
• 替代品的威脅

第15章 競爭格局

• Giesecke+Devrient Currency Technology GmbH
• Fedrigoni Group
• Infinity Security Papers Limited
• Ceprohart SA
• Drewsen Specialty Papers GmbH & Co. KG
• Simpson Security Papers
• Domtar Corporation
• A1 Security Print Ltd
• Papierfabrik Louisenthal GmbH
• Ciotola SRL

第16章 策略建議

第17章：關於研究公司及免責聲明

The Global Security Paper Market is projected to expand from USD 19.81 billion in 2025 to USD 29.28 billion by 2031, registering a CAGR of 6.73%. This specialized substrate, fortified with protective features such as fluorescent fibers, watermarks, and embedded threads, is essential for the production of banknotes, passports, and official certificates. The market remains underpinned by the enduring need for physical currency within developing economies and the imperative for fraud-resistant documents to ensure national security. These functional necessities drive demand independently of broader technological shifts, establishing a fundamental requirement for physical authentication methods. For instance, the European Central Bank reported in 2024 that roughly 554,000 counterfeit euro banknotes were removed from circulation, highlighting the ongoing operational need for high-integrity security substrates to combat financial fraud.

However, the market faces a substantial obstacle in the form of the rapid global shift toward cashless societies and digital payment ecosystems. As financial institutions and governments increasingly champion electronic transactions and digital identification systems for their superior traceability and efficiency, the long-term volume requirements for paper-based documents and physical banknotes are likely to contract. This transition poses a threat to security paper manufacturers by limiting growth opportunities, as the structural reliance on physical mediums diminishes in favor of digital alternatives.

Market Driver

The enduring demand for high-security banknote circulation serves as a primary market driver, effectively counterbalancing the narrative of a cashless transition. Central banks continue to prioritize the availability of physical currency to guarantee economic stability, resulting in consistent orders for fraud-resistant, durable substrates. This resilience is quantitatively supported by data from the Federal Reserve Board in September 2025, which indicated that currency in circulation grew by 0.8 billion notes between June 2024 and June 2025, proving the continued expansion of the physical money supply. Consequently, manufacturers are securing significant contracts, as evidenced by Koenig & Bauer's 'Annual Report 2024' in March 2025, which noted a 14.1% year-on-year increase in their order backlog to €1.04 billion, reflecting strong industrial activity in the security printing sector.

Concurrently, the growth of the global tourism industry is fueling the production of visas and passports, thereby increasing the demand for high-security paper. As international travel intensifies, governments are upgrading travel documents with advanced substrates capable of supporting biometric features and embedded electronics to improve border control efficiency. This resurgence has resulted in record-breaking administrative outputs; the U.S. Department of State's January 2025 report, 'Setting Records in U.S. Passport and Visa Services', confirmed that approximately 24.5 million passport books and cards were issued in fiscal year 2024, marking a new annual high. Such substantial volume growth requires a reliable supply of specialized tamper-proof paper, directly reinforcing market demand.

Market Challenge

The rapid acceleration of digital payment ecosystems globally presents a significant barrier to the growth of the security paper market. With governments and financial institutions favoring electronic transactions due to their enhanced traceability and efficiency, the systemic dependence on physical currency is waning. This shift effectively reduces both the circulation volume and the replacement frequency of banknotes, which constitutes the primary revenue source for security paper manufacturers. As a result, the industry confronts a structural contraction in demand that proceeds regardless of the security features or functional quality of the substrates produced.

This decrease in physical currency usage is substantiated by data from major economies leading the shift toward cashless systems. According to UK Finance, the total volume of cash payments in the UK dropped to 6 billion transactions in 2023, reflecting a 7 percent decline compared to the prior year. This downward trajectory in banknote usage directly leads to fewer procurement orders for security paper mills. As digital adoption deepens across both developing and developed markets, manufacturers face the challenge of shrinking production volumes and the long-term risk of underutilizing their manufacturing capacity.

Market Trends

The adoption of hybrid paper-polymer composite substrates is becoming a prevalent trend, successfully bridging the divide between full polymer solutions and traditional cotton paper. This evolution in substrates meets the critical requirement for extended circulation durability while maintaining the ability to integrate sophisticated security features, such as watermarks and embedded threads, which are often difficult to implement in purely plastic alternatives. Central banks are increasingly selecting these composites to lower environmental impact and replacement frequency without compromising forensic security. For example, Giesecke+Devrient's July 2025 report, 'A greener banknote life cycle', noted that their Hybrid Green Banknote substrate cuts plastic usage by 86% compared to standard polymer banknotes while offering an equivalent lifespan, underscoring the efficiency benefits driving this shift.

In parallel, the development of sustainable and eco-friendly paper materials has emerged as a key priority for manufacturers aligning with global environmental mandates. This trend entails shifting toward organic renewable fibers, such as certified cotton and alternative crops, and adopting energy-efficient production methods to decarbonize the supply chain. Security paper mills are actively optimizing resource consumption to meet the net-zero commitments of issuing authorities, transforming sustainability into a competitive operational necessity. As highlighted in Louisenthal's January 2025 article, 'Q&A: Banknote Sustainability', the company's Green LongLife substrate now boasts a bio-based carbon content exceeding 85%, demonstrating the industry's ability to provide high-security materials that significantly reduce the ecological footprint of physical currency.

Key Market Players

• Giesecke+Devrient Currency Technology GmbH
• Fedrigoni Group
• Infinity Security Papers Limited
• Ceprohart SA
• Drewsen Specialty Papers GmbH & Co. KG
• Simpson Security Papers
• Domtar Corporation
• A1 Security Print Ltd
• Papierfabrik Louisenthal GmbH
• Ciotola SRL

Report Scope

In this report, the Global Security Paper Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Security Paper Market, By Type

• Hybrid Paper
• Watermark
• Hologram
• Thread & UV Fiber
• Others

Security Paper Market, By Application

• Currency Notes/Bank Notes
• Passport & Visa
• Identity Card
• Legal & Government Documents
• Certificate
• Bank Documents
• Medical Report & Prescription
• Transportation & Logistics
• Others

Security Paper Market, By Region

• North America
  • United States
  • Canada
  • Mexico
• Europe
  • France
  • United Kingdom
  • Italy
  • Germany
  • Spain
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
• South America
  • Brazil
  • Argentina
  • Colombia
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Security Paper Market.

Available Customizations:

Global Security Paper Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Table of Contents

1. Product Overview

• 1.1. Market Definition
• 1.2. Scope of the Market
  • 1.2.1. Markets Covered
  • 1.2.2. Years Considered for Study
  • 1.2.3. Key Market Segmentations

2. Research Methodology

• 2.1. Objective of the Study
• 2.2. Baseline Methodology
• 2.3. Key Industry Partners
• 2.4. Major Association and Secondary Sources
• 2.5. Forecasting Methodology
• 2.6. Data Triangulation & Validation
• 2.7. Assumptions and Limitations

3. Executive Summary

• 3.1. Overview of the Market
• 3.2. Overview of Key Market Segmentations
• 3.3. Overview of Key Market Players
• 3.4. Overview of Key Regions/Countries
• 3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Security Paper Market Outlook

• 5.1. Market Size & Forecast
  • 5.1.1. By Value
• 5.2. Market Share & Forecast
  • 5.2.1. By Type (Hybrid Paper, Watermark, Hologram, Thread & UV Fiber, Others)
  • 5.2.2. By Application (Currency Notes/Bank Notes, Passport & Visa, Identity Card, Legal & Government Documents, Certificate, Bank Documents, Medical Report & Prescription, Transportation & Logistics, Others)
  • 5.2.3. By Region
  • 5.2.4. By Company (2025)
• 5.3. Market Map

6. North America Security Paper Market Outlook

• 6.1. Market Size & Forecast
  • 6.1.1. By Value
• 6.2. Market Share & Forecast
  • 6.2.1. By Type
  • 6.2.2. By Application
  • 6.2.3. By Country
• 6.3. North America: Country Analysis
  • 6.3.1. United States Security Paper Market Outlook
    • 6.3.1.1. Market Size & Forecast
      • 6.3.1.1.1. By Value
    • 6.3.1.2. Market Share & Forecast
      • 6.3.1.2.1. By Type
      • 6.3.1.2.2. By Application
  • 6.3.2. Canada Security Paper Market Outlook
    • 6.3.2.1. Market Size & Forecast
      • 6.3.2.1.1. By Value
    • 6.3.2.2. Market Share & Forecast
      • 6.3.2.2.1. By Type
      • 6.3.2.2.2. By Application
  • 6.3.3. Mexico Security Paper Market Outlook
    • 6.3.3.1. Market Size & Forecast
      • 6.3.3.1.1. By Value
    • 6.3.3.2. Market Share & Forecast
      • 6.3.3.2.1. By Type
      • 6.3.3.2.2. By Application

7. Europe Security Paper Market Outlook

• 7.1. Market Size & Forecast
  • 7.1.1. By Value
• 7.2. Market Share & Forecast
  • 7.2.1. By Type
  • 7.2.2. By Application
  • 7.2.3. By Country
• 7.3. Europe: Country Analysis
  • 7.3.1. Germany Security Paper Market Outlook
    • 7.3.1.1. Market Size & Forecast
      • 7.3.1.1.1. By Value
    • 7.3.1.2. Market Share & Forecast
      • 7.3.1.2.1. By Type
      • 7.3.1.2.2. By Application
  • 7.3.2. France Security Paper Market Outlook
    • 7.3.2.1. Market Size & Forecast
      • 7.3.2.1.1. By Value
    • 7.3.2.2. Market Share & Forecast
      • 7.3.2.2.1. By Type
      • 7.3.2.2.2. By Application
  • 7.3.3. United Kingdom Security Paper Market Outlook
    • 7.3.3.1. Market Size & Forecast
      • 7.3.3.1.1. By Value
    • 7.3.3.2. Market Share & Forecast
      • 7.3.3.2.1. By Type
      • 7.3.3.2.2. By Application
  • 7.3.4. Italy Security Paper Market Outlook
    • 7.3.4.1. Market Size & Forecast
      • 7.3.4.1.1. By Value
    • 7.3.4.2. Market Share & Forecast
      • 7.3.4.2.1. By Type
      • 7.3.4.2.2. By Application
  • 7.3.5. Spain Security Paper Market Outlook
    • 7.3.5.1. Market Size & Forecast
      • 7.3.5.1.1. By Value
    • 7.3.5.2. Market Share & Forecast
      • 7.3.5.2.1. By Type
      • 7.3.5.2.2. By Application

8. Asia Pacific Security Paper Market Outlook

• 8.1. Market Size & Forecast
  • 8.1.1. By Value
• 8.2. Market Share & Forecast
  • 8.2.1. By Type
  • 8.2.2. By Application
  • 8.2.3. By Country
• 8.3. Asia Pacific: Country Analysis
  • 8.3.1. China Security Paper Market Outlook
    • 8.3.1.1. Market Size & Forecast
      • 8.3.1.1.1. By Value
    • 8.3.1.2. Market Share & Forecast
      • 8.3.1.2.1. By Type
      • 8.3.1.2.2. By Application
  • 8.3.2. India Security Paper Market Outlook
    • 8.3.2.1. Market Size & Forecast
      • 8.3.2.1.1. By Value
    • 8.3.2.2. Market Share & Forecast
      • 8.3.2.2.1. By Type
      • 8.3.2.2.2. By Application
  • 8.3.3. Japan Security Paper Market Outlook
    • 8.3.3.1. Market Size & Forecast
      • 8.3.3.1.1. By Value
    • 8.3.3.2. Market Share & Forecast
      • 8.3.3.2.1. By Type
      • 8.3.3.2.2. By Application
  • 8.3.4. South Korea Security Paper Market Outlook
    • 8.3.4.1. Market Size & Forecast
      • 8.3.4.1.1. By Value
    • 8.3.4.2. Market Share & Forecast
      • 8.3.4.2.1. By Type
      • 8.3.4.2.2. By Application
  • 8.3.5. Australia Security Paper Market Outlook
    • 8.3.5.1. Market Size & Forecast
      • 8.3.5.1.1. By Value
    • 8.3.5.2. Market Share & Forecast
      • 8.3.5.2.1. By Type
      • 8.3.5.2.2. By Application

9. Middle East & Africa Security Paper Market Outlook

• 9.1. Market Size & Forecast
  • 9.1.1. By Value
• 9.2. Market Share & Forecast
  • 9.2.1. By Type
  • 9.2.2. By Application
  • 9.2.3. By Country
• 9.3. Middle East & Africa: Country Analysis
  • 9.3.1. Saudi Arabia Security Paper Market Outlook
    • 9.3.1.1. Market Size & Forecast
      • 9.3.1.1.1. By Value
    • 9.3.1.2. Market Share & Forecast
      • 9.3.1.2.1. By Type
      • 9.3.1.2.2. By Application
  • 9.3.2. UAE Security Paper Market Outlook
    • 9.3.2.1. Market Size & Forecast
      • 9.3.2.1.1. By Value
    • 9.3.2.2. Market Share & Forecast
      • 9.3.2.2.1. By Type
      • 9.3.2.2.2. By Application
  • 9.3.3. South Africa Security Paper Market Outlook
    • 9.3.3.1. Market Size & Forecast
      • 9.3.3.1.1. By Value
    • 9.3.3.2. Market Share & Forecast
      • 9.3.3.2.1. By Type
      • 9.3.3.2.2. By Application

10. South America Security Paper Market Outlook

• 10.1. Market Size & Forecast
  • 10.1.1. By Value
• 10.2. Market Share & Forecast
  • 10.2.1. By Type
  • 10.2.2. By Application
  • 10.2.3. By Country
• 10.3. South America: Country Analysis
  • 10.3.1. Brazil Security Paper Market Outlook
    • 10.3.1.1. Market Size & Forecast
      • 10.3.1.1.1. By Value
    • 10.3.1.2. Market Share & Forecast
      • 10.3.1.2.1. By Type
      • 10.3.1.2.2. By Application
  • 10.3.2. Colombia Security Paper Market Outlook
    • 10.3.2.1. Market Size & Forecast
      • 10.3.2.1.1. By Value
    • 10.3.2.2. Market Share & Forecast
      • 10.3.2.2.1. By Type
      • 10.3.2.2.2. By Application
  • 10.3.3. Argentina Security Paper Market Outlook
    • 10.3.3.1. Market Size & Forecast
      • 10.3.3.1.1. By Value
    • 10.3.3.2. Market Share & Forecast
      • 10.3.3.2.1. By Type
      • 10.3.3.2.2. By Application

11. Market Dynamics

• 11.1. Drivers
• 11.2. Challenges

12. Market Trends & Developments

• 12.1. Merger & Acquisition (If Any)
• 12.2. Product Launches (If Any)
• 12.3. Recent Developments

13. Global Security Paper Market: SWOT Analysis

14. Porter's Five Forces Analysis

• 14.1. Competition in the Industry
• 14.2. Potential of New Entrants
• 14.3. Power of Suppliers
• 14.4. Power of Customers
• 14.5. Threat of Substitute Products

15. Competitive Landscape

• 15.1. Giesecke+Devrient Currency Technology GmbH
  • 15.1.1. Business Overview
  • 15.1.2. Products & Services
  • 15.1.3. Recent Developments
  • 15.1.4. Key Personnel
  • 15.1.5. SWOT Analysis
• 15.2. Fedrigoni Group
• 15.3. Infinity Security Papers Limited
• 15.4. Ceprohart SA
• 15.5. Drewsen Specialty Papers GmbH & Co. KG
• 15.6. Simpson Security Papers
• 15.7. Domtar Corporation
• 15.8. A1 Security Print Ltd
• 15.9. Papierfabrik Louisenthal GmbH
• 15.10. Ciotola SRL

16. Strategic Recommendations

17. About Us & Disclaimer