The International Card Manufacturers Association released the results of its Global Market Statistics Report. This latest report examines 15 market segments ranging from telephone scratch-off to access control, providing readers with industry data that has been gathered from primary and secondary research and statistical modeling.
Measuring results from 2010, the report reveals the card manufacturing industry continues to build momentum with 29.6 billion cards manufactured globally. The report also reveals the dollar market remains strong with $15 billion, which is driven by continued dispersion of higher valued chip cards and increased Asia-Pacific volume.
Asia-Pacific leads the regions as the largest producer of cards, with more than 9.6 billion cards manufactured in 2010. North America is second with 8.4 billion units manufactured. Middle East/Africa remains in the third position with 5.5 billion units manufactured, followed by Europe with 3.9 billion units manufactured and Latin America with 2 billion units manufactured.
The report in its entirety is available on the ICMA website at www.icma.com.