Plastic Cards Market By Type (Contact Cards, Contactless Cards), By Technology (Chip Enabled Cards, Regular Cards, Smart Cards), By Application (Payment Cards (Credit Cards, Debit Cards, Charge Cards, Prepaid Cards), Government/Health (National Identity Cards, Driving Licenses, Public and Private Health Cards, Others), SIM Cards, Transportation Cards, Gift Cards, Access Cards, Others), By Company, By Region, Forecast & Opportunities, 2027

Published Date: February - 2025 | Publisher: MIR | No of Pages: 320 | Industry: BFSI | Format: Report available in PDF / Excel Format

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Plastic Cards Market By Type (Contact Cards, Contactless Cards), By Technology (Chip Enabled Cards, Regular Cards, Smart Cards), By Application (Payment Cards (Credit Cards, Debit Cards, Charge Cards, Prepaid Cards), Government/Health (National Identity Cards, Driving Licenses, Public and Private Health Cards, Others), SIM Cards, Transportation Cards, Gift Cards, Access Cards, Others), By Company, By Region, Forecast & Opportunities, 2027

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Plastic card market is expanding from an estimated $18.4 billion in 2024 to a colossal $37.2 billion by 2034, fueled by an impressive CAGR of 7.3%.

Global plastic cards market is expected to grow at a steady CAGR during the forecast period. The global plastic cards market is driven by the increasing use of plastic cards in banks and SIM cards coupled with high acceptance of cashless payment options. Growing development in the gift card application is also expected to bolster the growth of market over the next few years. World’s population is growing at an alarming rate along with rising spending power and per-capita income among individuals which is positively influencing the market growth through 2027.

The global plastic cards market is segmented based on type, technology, application, company, and region. Based on technology, the market has been segmented into chip enabled cards, regular cards, smart cards. The chip enabled cards segment dominated the market until 2021 and is anticipated to maintain its dominance over the next five years as well owing to its lower your risk of fraud-related losses. Based on region, the APAC region led the overall plastic cards market and is projected to lead the market during the forecast period as well. This is primarily attributed to a surging number of financial institutions in developing nations like India, China, and others. In addition to this, increase in usage of cards for financial transactions is further expected to support demand for plastic cards in the region.

The major players operating in the plastic cards market are Gemalto N.V., CPI Card Group Inc., Giesecke & Devrient GmbH, American Banknote Corporation, IDEMIA France SAS, Perfect Plastic Printing Corporation, Goldpac Group Limited, Inteligensa Group, Marketing Card Technology, LLC, TAG Systems SA and others.Explosive Growth Expected in Plastic Cards Market, Fueled by Technological Advancements and Rising Demand

As the global financial landscape continues to evolve, plastic cards are emerging as the cornerstone of modern banking and commercial transactions. A recent study conducted by Persistence Market Research anticipates the plastic cards market to witness a remarkable expansion, boasting a robust Compound Annual Growth Rate (CAGR) of 8% over the forecast period spanning from 2024 to 2031.

The pervasive adoption of plastic cards across various sectors including banking, telecommunications, and retail underscores their indispensable role in facilitating seamless transactions worldwide. The proliferation of banks and financial institutions, coupled with the escalating usage of mobile phones, has spurred an unprecedented demand for plastic cards, prompting manufacturers to innovate and introduce novel products to meet evolving consumer needs.

Key Insights Driving the Plastic Cards Market

1. Rising Demand Across Various ApplicationsPlastic cards continue to experience heightened traction in banking services, SIM cards, and gift card applications, with a particularly impressive growth trajectory expected in the latter segment. The convenience and versatility offered by plastic cards have rendered them indispensable in modern payment ecosystems.

2. Shift Towards a Digital EconomyGovernments and businesses worldwide are increasingly gravitating towards a digital-first approach, fueling the adoption of electronic payment solutions. This paradigm shift underscores the imperative for innovative payment methods, with plastic cards emerging as a frontrunner in facilitating cashless transactions.

3. Technological Innovations Driving AdoptionSmart cards, equipped with advanced features and enhanced security protocols, are poised to gain prominence in the market. The inherent advantages of smart cards over traditional counterparts position them as a preferred choice among consumers and businesses alike.

4. Regional DynamicsThe Asia Pacific region commands a significant share of the plastic cards market, driven by the proliferation of financial institutions and the growing usage of financial cards. Manufacturers are keenly focused on catering to the burgeoning demand for plastic cards in this dynamic region.

5. Dominance of Chip-Enabled CardsChip-enabled cards represent the vanguard of technological innovation in the plastic cards market, accounting for a substantial market share and projected to maintain their dominance in the foreseeable future.

Competitive Analysis

Key companies functioning in the global plastic cards market including

  • Gemalto N.V.
  • CPI Card Group Inc.
  • Giesecke & Devrient GmbH
  • American Banknote Corporation
  • IDEMIA France SAS
  • Perfect Plastic Printing Corporation
  • Goldpac Group Limited
  • Inteligensa Group
  • Marketing Card Technology, LLC
  • dz card (International) Ltd.
  • TAG Systems SA
  • TAG Systems SA
  • QARTIS S.A.
  • Teraco, Inc.
  • Tactilis Pte. Limited
  • Arroweye Solutions, Inc.
  • CardLogix Corporation
  • CardLogix Corporation
  • Toppan Printing Co., Ltd.
  • Others.

Plastic Cards Market Segmentation

By Technology

  • Chip Enabled Cards
  • Regular Cards
  • Barcode Cards
  • Magnetic Strips Cards
  • Smart Cards
  • Contact Cards
  • Contactless Cards
  • Hybrid Cards
  • Dual-interface Cards

By Application

  • Payment Cards
  • Credit Cards
  • Charge Cards
  • Debit Cards
  • Prepaid Cards
  • Government/Health
  • National Identity Cards
  • Driving Licenses
  • Public & Private Health Cards
  • Others
  • SIM Cards
  • Transportation Cards
  • Gift Cards
  • Access Cards
  • Others

By Region

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East &

 Objective of the Study

  • To analyze and estimate the market size of global plastic cards market from 2017 to 2020.
  • To estimate and forecast the market size of global plastic cards market from 2021 to 2027 and growth rate until 2027.
  • To classify and forecast global plastic cards market based on type, technology, application, company and regional distribution.
  • To identify dominant region or segment in the global plastic cards market.
  • To identify drivers and challenges for global plastic cards market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global plastic cards market.
  • To conduct pricing analysis for global plastic cards market.
  • To identify and analyze the profile of leading players operating in global plastic cards market.
  • To identify key sustainable strategies adopted by market players in global plastic cards market.

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Key Target Audience

  • Plastic cards manufacturers
  • Market research and consulting firms
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums and alliances related to plastic cards

  • Report Scope

    In this report, global plastic cards market has been segmented into following categories, in addition to the industry trends which have also been detailed below

    Global Plastic Cards Market, By Type
    Contact Cards
    Contactless Cards
    Global Plastic Cards Market, By Technology
    Chip Enabled Cards
    Regular Cards
    Bar Code
    Magnetic Strip
    Smart Cards
    Contact
    Contactless
    Hybrid and Dual Interface
    Global Plastic Cards Market, By Application
    Payment Cards
    Government/Health
    SIM Cards
    Transportation Cards
    Gift Cards
    Access Cards
    Others
    Global Plastic Cards Market, By Region
    North America
    United States
    Canada
    Mexico
    Europe
    Germany
    France
    United Kingdom
    Italy
    Spain
    Asia-Pacific
    China
    Japan
    India
    South Korea
    Australia
    Middle East & Africa
    South Africa
    Saudi Arabia
    UAE
    South America
    Brazil
    Argentina
    Colombia

    The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as

Attribute

Details

Base Year

2021

Historical Data

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million, Volume in Units and CAGR for 2017-2021 and 2022E-2027F

Report coverage

Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends

Segments covered

        Type

        Technology

        Application

Regional scope

North America; Europe; Asia Pacific; South America; Middle East & Africa

Country scope

United States, Mexico, Canada, China, India, Japan, South Korea, Australia; Germany, France, United Kingdom, Spain, Italy, South Africa, UAE, Saudi Arabia, Brazil, Argentina, Colombia;

Key companies profiled

Gemalto N.V., CPI Card Group Inc., Giesecke & Devrient GmbH, American Banknote Corporation, IDEMIA France SAS, Perfect Plastic Printing Corporation, Goldpac Group Limited, Inteligensa Group, Marketing Card Technology, LLC, TAG Systems SA.

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Table of Content

Table of content
1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Global Plastic Cards Market

4.    Executive Summary

5.    Voice of Customer

6.    Global Plastic Cards Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value & Volume

6.2.  Market Share & Forecast

6.2.1.     By Type (Contact Cards, Contactless Cards)

6.2.2.     By Technology (Chip Enabled Cards, Regular Cards (Bar Code, Magnetic Strip), Smart Cards (Contact, Contactless, Hybrid and Dual Interface))

6.2.3.     By Application (Payment Cards (Credit Cards, Debit Cards, Charge Cards, Prepaid Cards), Government/Health (National Identity Cards, Driving Licenses, Public and Private Health Cards, Others), SIM Cards, Transportation Cards, Gift Cards, Access Cards, Others)

6.2.4.     By Company

6.2.5.     By Region

6.3.  Market Attractiveness Index

7.    Asia-Pacific Plastic Cards Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value & Volume

7.2.  Market Share & Forecast

7.2.1.     By Type

7.2.2.     By Technology

7.2.3.     By Application

7.2.4.     By Country

7.3.  Asia-Pacific: Country Analysis

7.3.1.     China Plastic Cards Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value & Volume

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Type

7.3.1.2.2.             By Application

7.3.2.     India Plastic Cards Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value & Volume

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Type

7.3.2.2.2.             By Application

7.3.3.     Australia Plastic Cards Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.             By Value & Volume

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By Type

7.3.3.2.2.             By Application

7.3.4.     Japan Plastic Cards Market Outlook

7.3.4.1.         Market Size & Forecast

7.3.4.1.1.             By Value & Volume

7.3.4.2.         Market Share & Forecast

7.3.4.2.1.             By Type

7.3.4.2.2.             By Application

7.3.5.     South Korea Plastic Cards Market Outlook

7.3.5.1.         Market Size & Forecast

7.3.5.1.1.             By Value & Volume

7.3.5.2.         Market Share & Forecast

7.3.5.2.1.             By Type

7.3.5.2.2.             By Application

8.    Europe Plastic Cards Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value & Volume

8.2.  Market Share & Forecast

8.2.1.     By Type

8.2.2.     By Technology

8.2.3.     By Application

8.2.4.     By Country

8.3.  Europe: Country Analysis

8.3.1.     France Plastic Cards Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value & Volume

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Type

8.3.1.2.2.             By Application

8.3.2.     Germany Plastic Cards Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value & Volume

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Type

8.3.2.2.2.             By Application

8.3.3.     United Kingdom Plastic Cards Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value & Volume

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Type

8.3.3.2.2.             By Application

8.3.4.     Italy Plastic Cards Market Outlook

8.3.4.1.         Market Size & Forecast

8.3.4.1.1.             By Value & Volume

8.3.4.2.         Market Share & Forecast

8.3.4.2.1.             By Type

8.3.4.2.2.             By Application

8.3.5.     Spain Plastic Cards Market Outlook

8.3.5.1.         Market Size & Forecast

8.3.5.1.1.             By Value & Volume

8.3.5.2.         Market Share & Forecast

8.3.5.2.1.             By Type

8.3.5.2.2.             By Application

9.    North America Plastic Cards Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value & Volume

9.2.  Market Share & Forecast

9.2.1.     By Type

9.2.2.     By Technology

9.2.3.     By Application

9.2.4.     By Country

9.3.  North America: Country Analysis

9.3.1.     United States Plastic Cards Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value & Volume

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Type

9.3.1.2.2.             By Application

9.3.2.     Mexico Plastic Cards Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value & Volume

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Type

9.3.2.2.2.             By Application

9.3.3.     Canada Plastic Cards Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value & Volume

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Type

9.3.3.2.2.             By Application

10.  South America Plastic Cards Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value & Volume

10.2.              Market Share & Forecast

10.2.1.  By Type

10.2.2.  By Technology

10.2.3.  By Application

10.2.4.  By Country

10.3.              South America: Country Analysis

10.3.1.  Brazil Plastic Cards Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value & Volume

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Type

10.3.1.2.2.           By Application

10.3.2.  Argentina Plastic Cards Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.           By Value & Volume

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.           By Type

10.3.2.2.2.           By Application

10.3.3.  Colombia Plastic Cards Market Outlook

10.3.3.1.      Market Size & Forecast

10.3.3.1.1.           By Value & Volume

10.3.3.2.      Market Share & Forecast

10.3.3.2.1.           By Type

10.3.3.2.2.           By Application

11.  Middle East and Africa Plastic Cards Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value & Volume

11.2.              Market Share & Forecast

11.2.1.  By Type

11.2.2.  By Technology

11.2.3.  By Application

11.2.4.  By Country

11.3.              MEA: Country Analysis

11.3.1.  South Africa Plastic Cards Market Outlook

11.3.1.1.      Market Size & Forecast

11.3.1.1.1.           By Value & Volume

11.3.1.2.      Market Share & Forecast

11.3.1.2.1.           By Type

11.3.1.2.2.           By Application

11.3.2.  Saudi Arabia Plastic Cards Market Outlook

11.3.2.1.      Market Size & Forecast

11.3.2.1.1.           By Value & Volume

11.3.2.2.      Market Share & Forecast

11.3.2.2.1.           By Type

11.3.2.2.2.           By Application

11.3.3.  UAE Plastic Cards Market Outlook

11.3.3.1.      Market Size & Forecast

11.3.3.1.1.           By Value & Volume

11.3.3.2.      Market Share & Forecast

11.3.3.2.1.           By Type

11.3.3.2.2.           By Application

12.  Market Dynamics

12.1.              Drivers

12.2.              Challenges

13.  Market Trends & Developments

14.  Competitive Landscape

14.1.              Gemalto N.V.

14.2.              CPI Card Group Inc.

14.3.              Giesecke & Devrient GmbH

14.4.              American Banknote Corporation

14.5.              IDEMIA France SAS

14.6.              Perfect Plastic Printing Corporation

14.7.              Goldpac Group Limited

14.8.              Inteligensa Group

14.9.              Marketing Card Technology, LLC

14.10.            TAG Systems SA

15. Strategic Recommendations

 

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