Global card manufacturing industry remains strong

New statistics show that in 2008, a total of 19.4 billion cards were produced worldwide. ICMA (International Card Manufacturers Association), a non-profit organization of global card manufacturers, personalized service providers, publishers and suppliers, recently announced its annual Global Market Research Report. The report provides a comprehensive measure of the 2008 production and output value of card manufacturers in different geographic locations and market segments.

The results show that although the economic crisis that broke out in 2008 has had a certain impact on the global card market, the global card production still reached 19.4 billion, which is 0.06 percentage points higher than that of 2007. In terms of output value, the global card market in 2008 produced $9.7 billion, an increase of 4.3% from $9.3 billion in 2007.

In addition, the survey report also shows that North America is still the world's largest card producer, with a total of 8.8 billion cards produced in 2008. Followed by the Asia-Pacific region, its card production is 4.9 billion, and its share in the global market is also increasing. Europe's card production was 3.1 billion, ranking third in the world, followed by Latin America and the Middle East/Africa. Their 2008 card production was 1 billion and 500 million respectively.

It is understood that the card manufacturers accepting this survey mainly come from five regions including North America, Europe, Asia Pacific, Latin America and Middle East/Africa, and the products under investigation are mainly plastic cards of various thicknesses, including magnetic Strips and traditional cards without magnetic strips, as well as contact, contactless and hybrid chip cards for financial, identification, telecommunications and transportation.

In addition, the survey also analyzed the regional distribution of card manufacturers and the market share of different cards. Currently, ICMA members can download the report directly from the association's website, while non-members can purchase the report for $1,500 and become a full member of the International Card Manufacturers Association.

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