Security Envelopes Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Material (Paper, Plastic, Others), By Application (Defense, Government, E-commerce, Financial Services, Investigation Agencies, Others), And By Geography - Forecasts From 2023 To 2028
- Published : Feb 2023
- Report Code : KSI061614331
- Pages : 124
Market Overview:
Security envelopes have long been regarded as a formal type of mail. They may contain bills, credit cards, bank information, or paychecks. Because these are the most commonly used materials in windowed envelopes, the security requirements are substantially higher than for conventional envelopes. Several renowned security envelope producers are reproducing the design patterns of these envelopes to improve their functionality and reduce the cost of each envelope. Though envelope patterns may appear uninteresting, they have gained prominence as an artistic feature. Security Envelopes are beneficial for e-commerce, defense, government, financial services, and investigative agencies due to their qualities, as they offer maximum privacy of content and anti-theft measurement for papers or valuables in e-commerce security envelopes.
Growth factors:
Increasing mail tampering and fraud
Growing dangers of safety, tampering, pilferage, and other concerns in the mail and e-Commerce markets necessitate the use of high-security envelopes. Mail tampering is a crime in many jurisdictions, punished by jail, fines, or probation. Tampering with the mail may be criminal under state law in the United States, but mail fraud is a federal offense. The precise term varies by jurisdiction, but "tampering" often refers to opening, destroying, damaging, or interfering with mail intended for someone else. For instance, from March 2020 to February 2021, the Postal Inspection Service opened 753 mail fraud cases, a 29 percent increase over the previous year (Source: www.uspsoig.gov). The service envelope industry is taking advantage of these market opportunities and developing new designs to provide distinctive security services.
Envelopes with different features
Envelopes are widely utilized in the packaging of letters and lightweight parcels in the e-commerce and mail business. The security envelopes industry is critical to the quick and safe delivery of lightweight e-commerce and postal products. They are waterproof, tearproof, opaque to keep documents inside secret, written with a ball tip or permanent marker pen, 100% recyclable, and can be serially numbered with a barcode for record-keeping, and termite proof. For instance, Envelopes from well-known brands such as Protec and Tyvek are made from moisture and tear-resistant paper. These envelopes are recyclable and still offer mailers writable surfaces and lightweight construction for cost-effective mailings.
Application in a criminal investigation
Security envelopes and security bags are two terms for envelopes with security features. Special evidence bags are used to contain items relevant to a crime. Signature authentication and chain of custody are frequently necessary. A criminal procedure may suffer if the evidence is excluded because its integrity has been compromised. As a result, limiting its vulnerability to tampering is critical. Security envelopes are crucial in the collection and transfer of crime scene evidence by criminal investigation authorities. Technology is evolving, as are advances and explorations of new raw materials, as well as an envelope packaging design. For instance, Adsure Packaging Limited, using cutting-edge manufacturing technology, delivers cutting-edge applications for Banks, Armored Car Companies, Retail Chain Stores, Police, Prison & Customs, Airport Duty-Free Stores, Government, and Logistics. They offer secure envelope packaging solutions for the transportation and storage of assets such as cash, confidential papers, personal property, and forensic evidence.
Key Developments:
- November 2022: Supremex Inc., a leading North American envelope manufacturer, and marketer, as well as a growing provider of paper-based packaging solutions, announced the acquisition of substantially all of the assets of Royal Envelope Corporation ("Royal Envelope"), a Chicago-based envelope manufacturer and lithography company. Royal Envelope has established itself as one of North America's top direct mail envelope producers, utilizing a sophisticated fleet of envelope-converting equipment, in-house lithographic printing, and decorating, and focusing on the financial services sector.
- December 2021: BIGNAME Commerce, the parent company of market leaders in specialty office supplies Envelopes.com and Folders.com, has announced a merger with JAM Paper & Envelope, a data analytics-driven retailer of popular branded specialty office products sold exclusively through e-commerce marketplace channels and its direct-to-consumer website. BIGNAME Commerce's expertise in in-house envelope manufacturing, custom printing and personalization, and direct-to-consumer sales is paired with JAM Paper & Envelope's success in selling on dozens of third-party online marketplaces globally.
- November 2020: DuPont Safety & Construction, a business segment of DowDuPont Specialty Products Division, announced plans to invest more than $400 million in its Luxembourg facility to increase capacity for the manufacture of Tyvek's nonwoven materials.
Covid-19 Impact on the Security Envelopes Market
The COVID-19 epidemic has hurt the majority of the world's industries. Many industries experienced supply chain interruption as a result of government-imposed lockdowns and other restrictions. The global security envelope paper market was also affected by the installation of limits and prohibitions. Demand for envelope paper fell as customers focused on necessities. Despite this, the e-commerce business remained functioning throughout the pandemic. E-commerce site sales have climbed dramatically. This had a somewhat favorable effect on the envelope paper market. Nonetheless, security envelope paper applications in the postal service, defense, government, financial settings, and e-commerce industries are expected to increase shortly, driving the market.
Security Envelopes Market Scope:
Report Metric | Details |
Growth Rate | CAGR during the forecast period |
Base Year | 2021 |
Forecast Period | 2023–2028 |
Forecast Unit (Value) | USD Billion |
Segments Covered | Material, Application, And Geography |
Regions Covered | North America, South America, Europe, Middle East and Africa, Asia Pacific |
Companies Covered | WestRock Company, International Plastics Inc, Blake Envelopes Company, Ethical Polypaper Pvt Ltd, Euphoria Packaging LLP, Dynaflex Pvt Ltd |
Customization Scope | Free report customization with purchase |
Segmentation:
- By material
- Paper
- Plastic
- Others
- By application
- Defense
- Government
- E-commerce
- Financial Services
- Investigation Agencies
- Others
- By Geography
- North America
- USA
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- UK
- Germany
- France
- Spain
- Italy
- Others
- Middle East and Africa
- Saudi Arabia
- UAE
- Others
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Others
- North America
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Market Segmentation
1.5. Currency
1.6. Assumptions
1.7. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Data
2.2. Assumptions
3. EXECUTIVE SUMMARY
3.1. Research Highlights
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Market Opportunities
4.4. Porter’s Five Force Analysis
4.4.1. Bargaining Power of Suppliers
4.4.2. Bargaining Power of Buyers
4.4.3. Threat of New Entrants
4.4.4. Threat of Substitutes
4.4.5. Competitive Rivalry in the Industry
4.5. Industry Value Chain Analysis
5. SECURITY ENVELOPE MARKET ANALYSIS, BY MATERIAL
5.1. Introduction
5.2. Paper
5.3. Plastic
5.4. Others
6. SECURITY ENVELOPE MARKET ANALYSIS, BY APPLICATION
6.1. Introduction
6.2. Defense
6.3. Government
6.4. E-commerce
6.5. Financial Services
6.6. Investigation Agencies
6.7. Others
7. SECURITY ENVELOPE MARKET ANALYSIS, BY GEOGRAPHY
7.1. Introduction
7.2. North America
7.2.1. USA
7.2.2. Canada
7.2.3. Mexico
7.3. South America
7.3.1. Brazil
7.3.2. Argentina
7.3.3. Others
7.4. Europe
7.4.1. UK
7.4.2. Germany
7.4.3. France
7.4.4. Spain
7.4.5. Italy
7.4.6. Others
7.5. Middle East and Africa
7.5.1. Saudi Arabia
7.5.2. UAE
7.5.3. Others
7.6. Asia Pacific
7.6.1. China
7.6.2. Japan
7.6.3. India
7.6.4. South Korea
7.6.5. Australia
7.6.6. Others
8. COMPETITIVE ENVIRONMENT AND ANALYSIS
8.1. Major Players and Strategy Analysis
8.2. Emerging Players and Market Lucrativeness
8.3. Mergers, Acquisitions, Agreements, and Collaborations
8.4. Vendor Competitiveness Matrix
9. COMPANY PROFILES
9.1. WestRock Company
9.2. International Plastics Inc
9.3. Blake Envelopes Company
9.4. Ethical Polypaper Pvt Ltd
9.5. Euphoria Packaging LLP
9.6. Dynaflex Pvt Ltd
WestRock Company
International Plastics Inc
Ethical Polypaper Pvt Ltd
Euphoria Packaging LLP
Dynaflex Pvt Ltd
Related Reports
Report Name | Published Month | Get Sample PDF |
---|---|---|
Biodegradable Paper Packaging Market Size: Report, 2023-2028 | Feb 2023 | |
E-commerce Packaging Market Size: Industry Report, 2022-2027 | Jan 2023 | |
Paper Packaging Market Size & Share: Industry Report, 2023 - 2028 | Feb 2023 | |
Kraft Paper Market Size & Share: Industry Report, 2019-2024 | May 2021 | |
United States Kraft Paper Market Size & Share: Trends, 2022 - 2027 | Mar 2020 |