Plastic Cards Market: By Type, By Technology, By Application and Region Forecast 2020-2031

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Plastic Cards Market Size, Share, Growth, Trends, and Global Industry Analysis: By Type (Contact Cards and Contactless Cards), By Technology (Chip Enabled Cards, Regular Cards and Smart Cards), By Application (Payment Cards, Government/Health, SIM Cards, Transportation Cards, Gift Cards, Access Cards and Others) and Region Forecast 2020-2031

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Plastic Cards Market size was valued at US$ 20.8 million in 2024 and is expected to reach US$ 34.9 billion by 2031, growing at a significant CAGR of 7.7% from 2025-2031. Growth in the usage of mobile phones, rapidly increasing global population along with rising spending power and per-capita income among individuals, growing e-Commerce platforms and services, rapid adoption of cashless payment options, growing debit card sector and various government initiatives promoting e-payments are some key factors fueling the market growth. However, factors such as lack of standardization, consumer awareness and competitive pricing from local players are restricting the market growth. In addition, technological advancements provides huge growth opportunity for the market growth. 

Key Developments

  • In November 2016, Multi Packaging Solutions, a leader in packaging solutions and value-added print for the multi-media, branded consumer and healthcare markets, has acquired two companies, namely, AJS Labels and Featherstone U.K. The acquisition has helped the company to compliment other operations and also, in expanding their product portfolio so as to fulfil the growing demands of the customers

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Plastic Cards Market Summary

Study Period

2025-2031

Base Year

2024

CAGR

7.7%

Largest Market

Asia-Pacific

Fastest Growing Market

Asia-Pacific

Plastic Cards Market Dynamics

The rising consumer preference towards cashless payments along with the increasing acceptance of devices, with embedded circuits used in the healthcare, retail, BFSI, and hospitality sectors, are likely to certainly impact the industry. Several businesses are implementing contactless payment terminals and are also dependent on traditional contact-based POS card readers. In addition to this, technological explosion has led to the development of pioneering techniques such as contactless and multi-component card facilities.

Plastic Cards Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2025-2031

Market Size in 2024

US$ 20.8 million

Market Size in 2031

US$ 34.9 billion

Market CAGR

7.7%

By Type

  • Contact Cards
  • Contactless Cards

By Technology

  • Chip Enabled Cards
  • Regular Cards
  • Smart Cards

By Application

  • Payment Cards
  • Government/Health
  • SIM Cards
  • Transportation Cards
  • Gift Cards
  • Access Cards
  • Others 

By Region

  • North America (U.S., Canada)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
  • Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
  • Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

Key Features of the Report

  • The plastic cards market report provides granular level information about the market size, regional market share, historic market (2020-2024), and forecast (2025-2031)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter's Five Force Analysis

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Frequently Asked Questions

Plastic cards market size was valued at US$ 20.8 million in 2024 and is expected to reach US$ 34.9 billion by 2031, growing at a significant CAGR of 7.7% from 2025-2031.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

Gemalto, Giesecke & Devrient, CPI Card Group, American Banknote Corporation, IDEMIA France, Inteligensa Group, Perfect Plastic Printing Corporation

1.Executive Summary
2.Global Plastic Cards Market Introduction 
2.1.Global Plastic Cards Market  - Taxonomy
2.2.Global Plastic Cards Market  - Definitions
2.2.1.Type 
2.2.2.Technology
2.2.3.Application
2.2.4.Region
3.Global Plastic Cards Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4.Global Plastic Cards Market Analysis, 2020- 2024 and Forecast 2025-2031
4.1.  Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5.Global Plastic Cards Market  By Type , 2020- 2024 and Forecast 2025-2031 (Sales Value USD Million)
5.1. Contact Cards
5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Contactless Cards
5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
6.Global Plastic Cards Market  By Technology, 2020- 2024 and Forecast 2025-2031 (Sales Value USD Million)
6.1. Chip Enabled Cards
6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Regular Cards
6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Smart Cards
6.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
7.Global Plastic Cards Market  By Application, 2020- 2024 and Forecast 2025-2031 (Sales Value USD Million)
7.1. Payment Cards
7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Government/Health
7.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. SIM Cards
7.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Transportation Cards
7.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
7.5. Gift Cards
7.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.5.3. Market Opportunity Analysis 
7.6. Access Cards
7.6.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.6.3. Market Opportunity Analysis 
7.7. Others 
7.7.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
7.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.7.3. Market Opportunity Analysis 
8.Global Plastic Cards Market  By Region, 2020- 2024 and Forecast 2025-2031 (Sales Value USD Million)
8.1. North America
8.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. Europe
8.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
8.3. Asia Pacific (APAC)
8.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.3.3. Market Opportunity Analysis 
8.4. Middle East and Africa (MEA)
8.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.4.3. Market Opportunity Analysis 
8.5. Latin America
8.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029, (Sales Value USD Million)
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.5.3. Market Opportunity Analysis 
9.North America Plastic Cards Market ,2020- 2024 and Forecast 2025-2031 (Sales Value USD Million)
9.1. Type  Analysis 2020- 2024 and Forecast 2025-2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Contact Cards
9.1.2.Contactless Cards
9.2.  Technology Analysis 2020- 2024 and Forecast 2025-2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Chip Enabled Cards
9.2.2.Regular Cards
9.2.3.Smart Cards
9.3.  Application Analysis 2020- 2024 and Forecast 2025-2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Payment Cards
9.3.2.Government/Health
9.3.3.SIM Cards
9.3.4.Transportation Cards
9.3.5.Gift Cards
9.3.6.Access Cards
9.3.7.Others 
9.4.  Country Analysis 2020- 2024 and Forecast 2025-2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.4.1.United States of America (USA)
9.4.2.Canada
10.Europe Plastic Cards Market ,2020- 2024 and Forecast 2025-2031 (Sales Value USD Million)
10.1. Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Contact Cards
10.1.2.Contactless Cards
10.2.  Technology Analysis 2020- 2024 and Forecast 2025-2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Chip Enabled Cards
10.2.2.Regular Cards
10.2.3.Smart Cards
10.3.  Application Analysis 2020- 2024 and Forecast 2025-2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.Payment Cards
10.3.2.Government/Health
10.3.3.SIM Cards
10.3.4.Transportation Cards
10.3.5.Gift Cards
10.3.6.Access Cards
10.3.7.Others 
10.4.  Country Analysis 2020- 2024 and Forecast 2025-2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.Germany
10.4.2.France
10.4.3.Italy
10.4.4.United Kingdom (UK)
10.4.5.Spain
10.4.6.Rest of EU
10.4.7.
11.Asia Pacific (APAC) Plastic Cards Market ,2020- 2024 and Forecast 2025-2031 (Sales Value USD Million)
11.1. Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Contact Cards
11.1.2.Contactless Cards
11.2.  Technology Analysis 2020- 2024 and Forecast 2025-2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Chip Enabled Cards
11.2.2.Regular Cards
11.2.3.Smart Cards
11.3.  Application Analysis 2020- 2024 and Forecast 2025-2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.Payment Cards
11.3.2.Government/Health
11.3.3.SIM Cards
11.3.4.Transportation Cards
11.3.5.Gift Cards
11.3.6.Access Cards
11.3.7.Others 
11.4.  Country Analysis 2020- 2024 and Forecast 2025-2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.China
11.4.2.India
11.4.3.Australia and New Zealand (ANZ)
11.4.4.Japan
11.4.5.Rest of APAC
12.Middle East and Africa (MEA) Plastic Cards Market ,2020- 2024 and Forecast 2025-2031 (Sales Value USD Million)
12.1. Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Contact Cards
12.1.2.Contactless Cards
12.2.  Technology Analysis 2020- 2024 and Forecast 2025-2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Chip Enabled Cards
12.2.2.Regular Cards
12.2.3.Smart Cards
12.3.  Application Analysis 2020- 2024 and Forecast 2025-2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Payment Cards
12.3.2.Government/Health
12.3.3.SIM Cards
12.3.4.Transportation Cards
12.3.5.Gift Cards
12.3.6.Access Cards
12.3.7.Others 
12.4.  Country Analysis 2020- 2024 and Forecast 2025-2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.GCC Countries
12.4.2.South Africa
12.4.3.Rest of MEA
13.Latin America Plastic Cards Market ,2020- 2024 and Forecast 2025-2031 (Sales Value USD Million)
13.1. Type  Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.Contact Cards
13.1.2.Contactless Cards
13.2.  Technology Analysis 2020- 2024 and Forecast 2025-2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Chip Enabled Cards
13.2.2.Regular Cards
13.2.3.Smart Cards
13.3.  Application Analysis 2020- 2024 and Forecast 2025-2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.Payment Cards
13.3.2.Government/Health
13.3.3.SIM Cards
13.3.4.Transportation Cards
13.3.5.Gift Cards
13.3.6.Access Cards
13.3.7.Others 
13.4.  Country Analysis 2020- 2024 and Forecast 2025-2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Brazil
13.4.2.Mexico
13.4.3.Rest of LA
14. Competition Landscape
14.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
14.2.1.Gemalto
14.2.2.Giesecke & Devrient
14.2.3.CPI Card Group
14.2.4.American Banknote Corporation
14.2.5.IDEMIA France
14.2.6.Inteligensa Group
14.2.7.Goldpac Group
14.2.8.Marketing Card Technology
14.2.9.TAG Systems SA
14.2.10.QARTIS
15. Research Methodology 
16. Appendix and Abbreviations 

Key Market Players

  • Gemalto
  • Giesecke & Devrient
  • CPI Card Group
  • American Banknote Corporation
  • IDEMIA France
  • Inteligensa Group
  • Perfect Plastic Printing Corporation
  • Goldpac Group
  • Marketing Card Technology
  • TAG Systems SA
  • QARTIS

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