Worldwide Banknote Market Remains Robust & Demand Driven

As per the report “Global Banknote Market: 2016 Edition” The demand for banknote market will be driven by financial instability and GDP of the economy. Some of the noteworthy trends and developments of this industry are longer lasting currency, increasing market share of durable banknote substrates, adoption of polymer banknotes, proven polymer integration and new banknotes developments. However, the expansion of banknote market is hindered by rise of digital or cashless payment, secured production of banknotes and overcapacity.

The demand for banknotes will continue to grow globally with varied demand growth across different countries as per their economic conditions. The production and issuance of banknotes are impacted by decisions of the central banks. Despite the increase in usage of electronic mode of payment, demand for holding cash remains strong. A country’s monetary policy serves the purpose of designing strategies related to money supply in the economy. It is also a noteworthy fact that the banknote industry influences trade between countries.

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The major shift in demand from central banks is for longer lasting currency. This is seeing investment in durable banknotes; made possible either by improved varnishing; or the use of paper-polymer composites or wholly plastic notes.

The report Global Banknote Market presents an in-depth analysis of the banknote market on a global scale discussing its major segments and also provides detailed information regarding the key regional markets. A thorough analysis has been conducted on key market players covering their business overview, product portfolio, financial overview and business strategies.

Key Topics Covered in Global Banknote Market Report:

1. Banknote Market: An Overview
2. Banknote Market Analysis
3. Regional Markets
4. Market Dynamics
5. Competitive Landscape
6. Company Profiles

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