Global Security Holograms Market Report and Forecast 2024-2032

Global Security Holograms Market Outlook

The global security holograms market size reached approximately USD 5.84 billion in 2023. The market is further projected to grow at a CAGR of 8% between 2024 and 2032, reaching a value of USD 11.68 billion by 2032.

Key Trends in the Market

Security holograms refer to specialised holographic images used for thwarting counterfeiting and forgery. The utilisation of advanced laser technology in the production of holograms makes them essentially unreplicable. A security hologram has a distinctive holographic image on top of a thin metallic sheet.

• The rising requirement for security solutions for preventing the duplication of products is bolstering the security holograms market growth. The presence of digital and holographic features eliminates the possibility of replication. Security holograms are also used for indicating opening of product packaging.

• The utilisation of security holograms with digital QR codes in product tracking is increasing as they aid in determination of the location of the product across the supply chain, assuring the stakeholders and manufacturers about its safety. The implementation of such supply chain solutions also allows the manufacturers to estimate the time required for delivering the products to the customers.

• The increased adoption by the pharmaceutical sector to prevent counterfeiting of medical supplies and medicines is providing lucrative growth opportunities to the market. Counterfeit medicines can have adverse effects on the health of the patients and can tarnish the reputation of legitimate manufacturers, reducing the availability of funds for product research and development.

Global Security Holograms Market Analysis

On the basis of product type, the market is divided into 2D/3D, dot matrix, flip flop, and electron-beam. Based on material, the market is classified into polypropylene (PP), polyvinyl chloride (PVC), and polyethylene terephthalate (PET).

On the basis of end use, the market is categorised into packaging, apparel, currency, passport, and documents, among others. Based on region, the security holograms market segmentation includes North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.

• Crown Roll Leaf, Inc. 

• NovaVision, LLC 

• Demax Holograms Plc 

• Security Hologram, LLC 

• Matrix Technologies 

• AFC Technology Co. Ltd. 

• UPM Corporation 

• HV Hologram 

• BEP Hologram AS 

• Hira Holovision 

• Others

Market Share by Product Type

2D/3D security holograms are expected to account for a significant security holograms market share owing to their increasing utilisation in brand protection and product authentication due to growing threat of counterfeit production because of their difficult to replicate nature. The colourful effect of these holograms comes from the microstructures in the holographic tape that causes diffraction of the light hitting the surface. They utilise holographic optical elements for generating two images for passively separating the exit pupils for the two wavelengths.

Market Share by Region

North America is anticipated to witness significant growth over the forecast period. This growth can be attributed to the rising requirement for anti-counterfeit devices for preventing the sale of fake electrical and medical products, strong presence of market players, and high adoption rates of advanced technologies in the region. The growing threat of falsified and substandard medical products is boosting the security holograms market demand in North America. These products often fail to treat the intended diseases and can also cause harm to the patients.

Competitive Landscape

Crown Roll Leaf, Inc., headquartered in New Jersey, United States, is known for supplying and manufacturing hot stamping foil products and user-friendly holograms. The holograms include security holograms, retail holograms, and stock holograms, among others.

NovaVision, LLC was founded in 1994 and is headquartered in Ohio, United States. The company specialises in tamper evident stickers, mechanical security seals, and hologram labels, among others to combat cargo theft, tampering, and counterfeiting.

Demax Holograms Plc is one of the largest manufacturers of holographic products used for document security. The company is dedicated towards providing cost-efficient and high-quality products to their customers. Demax was founded in 1995 and is headquartered in Sofia City, Bulgaria.

Other security holograms market key players include Security Hologram, LLC, Matrix Technologies, AFC Technology Co. Ltd., UPM Corporation, HV Hologram, BEP Hologram AS, and Hira Holovision, among others.

Key Highlights of the Report

Security Holograms Market Report Snapshots

Security Holograms Market Size

Security Holograms Market Analysis

Security Holograms Market Share

Security Holograms Companies