Security Holograms Market Size & Share | Industry Trends Analysis Report for 2033

The Security Holograms market is slated for substantial growth, with an estimated value of US$ 5,233.2 million in 2023 and a projected CAGR of 5.1% till 2033, reaching sales exceeding US$ 8,633.6 million. Fueled by escalating demand, competition within the sector is anticipated to intensify, with the top 7 providers forecasted to command a significant 25% share by 2022. Recent market analysis reveals a 3.1% year-on-year growth in global security hologram consumption for 2023, underscoring their pivotal role in ensuring authenticity and tamper-proof measures across diverse industries.

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The education industry is also contributing to the growth of the security holograms market. The University Grants Commission (UGC) in India has requested all universities to provide security features, such as security holograms and QR codes on degree certificates, to provide proper verification and curb duplications. This order is likely to propel the demand for security holograms and help create a personal identity for students, which can be used in other universities due to its uniformity.

The players operating in the security holograms industry are ramping up their investment in technologies to offer the best solution to brands and companies to protect their products against counterfeiting. This is also driving the security holograms industry. The high level of counterfeiting is also leading to a decrease in foreign investment, which further generates demand for anti-counterfeiting devices such as security holograms. This is increasing the growth of the security holograms market.

Key Takeaways from the Security Holograms Market:

The United States is predicted to be the leading region in the worldwide security holograms sector, with a share of 23.9% in 2022. According to the analysis, the US market was valued at US$ 1,210.9 million in 2022.
Germany has 5.5% of the European security holograms market. Germany is expected to account for around one-fifth of European sales and to provide an incremental potential of US$ 277.7 million throughout the forecast period.
From 2023 to 2033, China’s security holograms business is predicted to grow at a CAGR of 7.27%. The security holograms industry in China is expected to be valued at $1,037.6 million in 2023.
In South Asia, the security holograms industry in India is expected to be worth US$ 622.8 million in 2023, growing at an 8.07% CAGR over the forecast period.
The market is led by the 2D/3D sector, followed by the electron-beam segment, in terms of product type. The targeted categories are expected to account for 32.1% of the market in 2023.
In terms of end-user, the document, passport, and packaging sectors are expected to account for more than 45.5% of the market during the projected period.
During the projected period, the polypropylene (PP) sector is expected to have a large share of roughly 45.5% in the security holograms industry.

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