ReportsWeb- Banknote Worldwide Market by Segments, Denominatio

Banknote Worldwide Market by Segments, Denomination, Value,
Analysis 2017 and Forecast
ReportsWeb.com published “Banknote Market” from its database. The report covers the market
landscape and its growth prospects over the coming years. The report also includes a discussion
of the key vendors operating in this market.
Banknote is a promissory note which is issued by banks that is payable on demand to the
bearer. The production and distribution of new banknotes and destruction of the unfit
banknotes is the responsibility of the central bank of the respective countries. The demand for
banknotes and substrate is fulfilled by state print works (SPW) , state paper mills (SPM) and few
commercial print and paper manufacturers. SPWs and SPMs can also turn in to commercial
providers to cater the unmet demand for banknotes.
Major factors contributing to the growth of the market include increasing domestic
transactions and increasing demand for foreign currencies across different countries. The global
financial crisis led to a one-time increase in the demand for these notes, thereby leading to
increased market value.
For more information about this report: http://www.reportsweb.com/global-banknote-
market-report-2017-edition
The report "Global Banknote Market" provides a comprehensive study of banknote market
globally. It also provides detailed information for key regional markets of banknote industry.
The major trends, growth drivers as well as issues being faced by the industry are being
presented in this report. The four major players in the industry, De La Rue plc, Geisecke &
Devrient Group and Fortress Paper Ltd. are being profiled.
The key factors driving the growth of banknote market are financial instability of the economy
and GDP of the economy. Some of the noteworthy trends and developments of this industry
are adoption of polymer banknotes 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.
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Table of Content:
1. Banknote Market - An Overview
2. Global Banknote Market Analysis