As per the research report titled ‘Microprinting Market Size By Substrate Type (Plastic, Paper, Metal), By Print Type (Single-Sided, Double Sided), By Product Type (Monochrome, Color), By End-Use (Banking & Finance, Corporate, Government, Healthcare, Packaging), Industry Analysis Report, Regional Outlook (U.S., Canada, UK, Germany, France, Italy, Spain, China, India, Japan, Australia, Singapore, Brazil, Mexico, GCC, South Africa), Growth Potential, Competitive Market Share & Forecast, 2019 – 2025’, available with MarketStudyReport, microprinting market is anticipated to exhibit a tremendous growth rate, amassing USD 800 million by the year 2025.

Escalating incidents of forgery of official documents is a primary factor fueling microprinting market growth.

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Rapid advancements in technology, combined with the advent of various printing solutions that offer high quality, resolution, and improved security have positively impacted the growth trajectory of the industry in recent years.

On the contrary, technical issues and increasing digitization may impede market expansion over the forecast period.

Based on print type, the single sided segment of the global microprinting market is expected to gain sizable returns during the analysis timeframe, attributable to augmented usage of this printing solution in government sector for postal stamps, ID cards, and official documents. In addition, this printing solution is also utilized in the packaging labels as it aids in avoiding product duplication.

Speaking of end user scope, government segment is slated to contribute to industry valuation I the coming years, as microprinting is used for important travel documents to avoid counterfeiting.

Meanwhile, the packaging segment is anticipated to record robust returns during the review period, as labels are utilized for immediate product identification, creating different products, proper packaging, and to avoid duplicity.

From a regional frame of reference, Asia Pacific microprinting market is slated to record a sizable valuation in the coming years, due to proliferation of economic and developmental activities in nations such as India, China and Japan, along with prevalence of banks, government offices, and corporate offices in the region that demand high security and anti-counterfeit measures.

The key players in the marketplace are Zebra Technologies Corporation, Xerox Holdings Corporation, Wuhan Willita Marking & Packaging Technology Co. Ltd., Videojet Technologies Inc., The Needham Group, Team NiSCA, Source Technologies, Paul Leibinger GmbH & Co. KG, Microlight3D, Micro Printing Solutions Intl, Hitachi Ltd, Matica Technologies AG, Hewlett Packard Company, Linx Printing Technologies, and Canon Finetech Nisca Inc. among others.