Security printing consists of product authentication, identity cards, banknotes, passports, and stock certificates. Companies, institutes, and government organizations secure their valuable and vital documents such as transcripts, coupons, and prescription pads by adding few features with the help of security printing so as to cut down the overall cost. Security printing is performed to avoid any kind of forgery, counterfeiting, and tampering of important documents.

One of the key driving factors for the growth of the global market for security printing is the implementation of strict standards and regulations across the globe. Security printing along with law enforcement can aid in avoiding counterfeiters and identify forgeries which would subsequently help in cutting down frauds. 

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In addition to this, the need for brand protection is expected to provide a significant thrust to the overall development of the global market for security printing. Brand names are big targets for the product counterfeiters. These counterfeit copies duplicate the brand name and use their status to sell their fraud products. 

This results in huge amount of losses for the company and also leads to tarnishing the stature of the brands. Security printing is projected to offer considerable help in preserving the brand name and thus, is expected to be taken up majority brands thus, driving the market growth.

Imposing stringent regulations and standards across the world is expected to be a driving factor for security printing market. Security printing and law enforcement can help in preventing counterfeiters and detect forgeries which would eventually reduce frauds.