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Global Polymer Banknotes Market: Industry Analysis & Outlook (2017-2021)

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The report offers an in-depth analysis of the global polymer banknote market. For more mail: vikas@konceptanalytics.com – PowerPoint PPT presentation

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Title: Global Polymer Banknotes Market: Industry Analysis & Outlook (2017-2021)


1
Industry Research by Koncept Analytics
Global Polymer Banknotes Market Industry
Analysis Outlook ------------------------------
----------- (2017-2021)
May 2017
2
Executive Summary
Polymer notes in last few years have become very
popular among central banks despite of them being
in use since 1988. These notes are primarily used
to counter corruption and practice of counterfeit
money in an economy. Additionally, polymer notes
prove to be more cost effective in long run when
compared to the production of paper banknotes
because they last at least 2.5 times longer than
the paper alternative, which equates to an
average of five to six years in
circulation. Polymer notes, incorporated with
many security features proves to be more
environmental friendly than other types in
circulation. Global polymer notes market is
progressively increasing at a robust growth rate
with various central banks governments heading
towards its adoption. Polymer notes are created
using unique bubble process with substrate base
film based on a specialized form of Biaxial
Orientated Polypropylene (BOPP). Growth factors
of the global polymer notes market include
increasing banknote production circulation,
cost effectiveness of polymer notes, and
accelerating economic growth. Major trends of the
market include increasing replacement of old
notes, willingness among people to switch to
polymer notes, and increased concerns over
counterfeit currencies. The market growth is
hindered by reduced bargaining power of
manufactures, and costly process. The report
offers an in-depth analysis of the global polymer
note market. The polymer notes market has only
two players i.e. De La Rue and Innovia Security
Private Limited, which have been profiled in
detailed.
3
Switching to polymer notes has proven to be more
cost effective in the long run along with other
advantages like it being environment friendly,
thereby leading to higher adoption.
Global Banknotes Market Forecast by Value
(2016-2021)
  • The global banknotes market value reached US..
    billion in 2016, and is further expected to reach
    US.. billion by 2021. The market is likely to
    grow at a CAGR of .. for the period spanning
    2016-2021.
  • The volume of banknotes issued worldwide is
    projected to reach .. billion notes by 2021,
    increasing from .. billion notes in 2016. The
    volume of banknotes issued is expected to grow at
    a CAGR of .. for the period spanning 2016-2021.
  • SPMs accounted for .. of the total volume of
    banknote substrate market, followed by CPM with
    .. share in total volume in the year 2016.

Global Banknote Substrate Market by Segment (2016)
Global Banknotes Issued Forecast by Volume
(2016-2021)
4
Disclaimer
Contact Us
This is a licensed product of Koncept Analytics.
You cannot reproduce, publish, distribute,
publicly display, sell or create other works from
this report or use them in any way for commercial
purpose without our prior permission. Further,
you cannot copy this material, by any means
(including electronic copies), for distribution
to others unless you have purchased the corporate
license of this report. We believe the sources
are reliable, but Koncept Analytics does not
warranty the accuracy or completeness of the
data. The data presented in the report is updated
at the publication date but is subject to change
at subsequent releases. All possible efforts have
been made to ensure accuracy of data. However,
investors should not completely rely on the
information given in this report and must make
decisions based on their own investment strategy,
risk management and capital adequacy.
Koncept Analytics CS-36, First Floor, Ansal
Plaza Vaishali, Ghaziabad, U.P. 201010 T
91-120-4130959 M 91-9811715635
vikas_at_konceptanalytics.com
www.konceptanalytics.com
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