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The global Plastic Cards market was valued at US$ 15.97 billion in 2022 and is anticipated to reach US$ 22.07 billion by 2029
2024-01-06       Hits:825

A plastic card is a flat, usually rectangular or rectangular piece of plastic with rounded corners. Its dimensions are 85.60 mm long and 53.98 mm wide. The standard plastic card has a corner radius of 2.88-3.48 mm and a thickness of 0.76 mm. Plastic cards that fully comply with ISO/IEC specifications are usually called "ID-1 cards" or "CR80 cards".

 

The production process of plastic cards involves multiple steps, including design, printing, lamination, die-cutting, and personalized packaging. Plastic Card It is a multi-layered plastic sheet fused together by pressure and temperature. A standard plastic card is composed of 3-5 layers of plastic sheets, while more complex cards, such as ID cards carrying advanced security features, can have up to 10-12 layers of plastic sheets.

 

Plastic cards can be used for a variety of purposes, often as a means of identification, payment or access control. These cards are usually made from PVC (polyvinyl chloride) or other plastic materials and come in different sizes and thicknesses. Plastic cards are widely used in various applications in daily life and business. Some common types of plastic cards include:

·Credit card: used for credit purchases, with a predetermined credit limit.

·Debit card: Linked to a bank account, used for electronic transactions and funds deducted directly from the account.

·ID card: used for identification in various occasions, such as employee ID card, student ID card, government-issued ID card, etc.

·Membership Card: Issued by an organization to identify members and grant membership privileges.

·Gift Card: A prepaid card with a specific monetary value, often given as a gift or for promotional purposes.

·Access card: used to enter secure areas or facilities.

·Smart Card: Equipped with an integrated circuit or chip that can store and process data, often for enhanced security or as a contactless payment card.

The information and functionality on the plastic card may vary depending on its intended use and the technology used.

 

Global Plastic Cards Revenue (US$ Million), 2018 VS 2022 VS 2029

The global Plastic Cards market was valued at US$ 15.97 billion in 2022 and is anticipated to reach US$ 22.07 billion by 2029, witnessing a CAGR of 5.26% during the forecast period 2023-2029. The influence of COVID-19 and the Russo-Ukraine War were considered while estimating market sizes.

 

North American market for Plastic Cards is estimated to increase from $ 3,949.04 million in 2023 to reach $ 5,077.85 million by 2029, at a CAGR of 4.28 % during the forecast period of 2023 through 2029.

 

Asia-Pacific market for Plastic Cards is estimated to increase from $ 6,770.01 million in 2023 to reach $ 9,943.45 million by 2029, at a CAGR of 6.62 % during the forecast period of 2023 through 2029.

 

The major global manufacturers of Plastic Cards include Thales DIS (Gemalto), IDEMIA, Giesecke & Devrient, CPI Card, Eastcompeace Technology, Marketing Card Technology, Hengbao, TAG Systems SA, ABCorp, Teraco, Inteligensa Group, Goldpac Group, Perfect Plastic Printing Corporation, etc. In 2022, the world's top three vendors accounted for approximately 10.85 % of the revenue.

Plastic Cards Industry Research Report 2023

This report aims to provide a comprehensive presentation of the global market for Plastic Cards, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Plastic Cards.

 

The Plastic Cards market size, estimations, and forecasts are provided in terms of sales volume (M Units) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Plastic Cards market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. 

 

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

 

The report will help the Plastic Cards manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

 

By Company

 Thales DIS (Gemalto)

 IDEMIA

 Giesecke & Devrient

 CPI Card

 Eastcompeace Technology

 Marketing Card Technology

 Hengbao

 TAG Systems SA

 ABCorp

 Teraco

 Inteligensa Group

 Goldpac Group

 Perfect Plastic Printing Corporation

 Arroweye Solutions

 Toppan Edge (Thailand) 

 Tianjin Global Magnetic Card

 CardLogix Corporation

 QARTIS

 Swype

 

By Type

 Smart Cards

 Regular Cards

 

By Application

 Payment Cards

 Government/Health

 SIM Cards

 Transportation Cards

 Gift Cards

 Access Cards

 Others