The International Card Manufacturers Association (ICMA), a global non-profit association for card manufacturers, personalizers, issuers and suppliers, announced the results of its new Global Market Statistics Report. The comprehensive report provides readers with valuable industry data garnered from primary and secondary research and statistical modeling.
ICMA has published this new report which focuses on a wide variety of market segments on a global basis to better align with the needs of its membership.
Measuring results from 2010, the report revealed the card manufacturing industry continues to gain momentum with 29.6 billion cards manufactured globally. For the first time, the report now examines 15 market segments—ranging from telephone scratch-off to access control—in more detail. The report also revealed the dollar market remains strong with $15 billion, which is driven by continued penetration 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 was second with 8.4 billion units manufactured. Middle East/Africa (MEA) remained 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 is available to ICMA members on the ICMA website at www.icma.com. Non-members can purchase the report for $1500 and obtain information on becoming a member of ICMA by contacting Lynn McCullough at 609-799-4900 or email@example.com.