The global Plastic Cards market was valued at US$ 15440 million in 2020 and is expected to reach US$ 25930 million by the end of 2027, growing at a CAGR of 7.7% during 2021-2027.
There are two type of plastic cards include smart cards and regular cards. Smart cards are the most common form of IT processing power on the planet. Similar in size to today’s plastic payment card, the smart card has a microprocessor or memory chip embedded in it that, when coupled with a smart card reader, has the processing power to serve many different applications.
Global Plastic Cards include Gemalto, American Banknote Corporation, Giesecke & Devrient, IDEMIA and Inteligensa Group, etc. Global top 5 companies hold a share over 13.31%. Asia Pacific is the largest market, with a share about 38%, followed by Europe and North America with the share about 27% and 23%.
Global Plastic Cards Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Plastic Cards Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Gemalto, American Banknote Corporation, Giesecke & Devrient, Idemia, Inteligensa Group, CPI Card Group, Perfect Plastic Printing Corporation, Goldpac Group, Marketing Card Technology, TAG Systems SA, Toppan Printing, Teraco, Arroweye Solutions, Qartis, Tactilis, CardLogix Corporation and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Find more details at: https://www.themarketreports.com/report/global-plastic-cards-market-research-report
Segment by Type
- Smart Cards
- Regular Cards
Segment by Application
- Payment Cards
- SIM Cards
- Transportation Cards
- Gift Cards
- Access Cards
Table of Content:
1 Plastic Cards Market Overview
2 Plastic Cards Market Competition by Manufacturers
3 Plastic Cards Retrospective Market Scenario by Region
4 Global Plastic Cards Historic Market Analysis by Type
5 Global Plastic Cards Historic Market Analysis by Application
6 Key Companies Profiled
7 Plastic Cards Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Plastic Cards Market Dynamics
10 Global Plastic Cards Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta