Campus ID News
Card, mobile credential, payment and security
ICMA logo

ICMA report: COVID-19 cutting global demand for plastic cards

Andrew Hudson   ||   Feb 18, 2021  ||   

A series of new reports from the International Card Manufacturers Association (ICMA) suggest that COVID could be impacting demand across the global plastic card market. The ICMA report projects that the total value of the global plastic cards market has fallen by $3B over the course of the COVID-19 pandemic, with the number of cards manufactured worldwide falling by 19.7% from 37.1B in 2019 to 29.8B in 2020.

The ICMA’s 2020 Global Card Market and Personalization and Fulfillment Statistics reports also reveals that the total revenue from cards manufactured, personalized and fulfilled across the globe decreased by 10.8% from $27B in 2019 to $24B in 2020. The reports also provide more detailed statistics for individual sectors of the plastic cards market.

“The reports account for a bad year for the global plastic card manufacturing industry as a result of the pandemic and the impact of technology,” says Al Vrancart, ICMA Founder.

“The only good news is that the value of cards produced in North America increased because of the penetration of contactless cards in the US market," says Vrancart. "But remember, the rest of the world including Canada and the Caribbean has had contactless cards for several years.”

Despite the financial card market experiencing a decrease in unit volume from 6.6B in 2019 to 5.2B in 2020, it was the only sector to see a revenue increase, up 9% to $4.2B.

Market segments experiencing decreases in global revenue included:

  • Transportation cards (down 36.2% to $994M)
  • Gift cards (down 26.6% to $328M)
  • Prepaid phone cards (down 20% to $180M)
  • SIM cards (down 15% to $3.9B)
  • Retail and gas cards (down 5.7% to $1.2B)
  • Government/health cards (down 4.5% to $4.6B)

Regionally, Asia Pacific has the largest share of the industry at 41%, followed by Europe (23.2%) and North America (22.4%). In 2020, North America manufactured an estimated $3.3 billion worth of cards and personalized and fulfilled an estimated $2.1 billion worth of cards.

|| TAGS:
Subscribe to our weekly newsletter


Feb 03, 23 /

Brown campus mailroom adds visual queue

Brown University has added a new visual queue in its campus mailroom that displays the order in which students will be called to pick up their packages. The system is underpinned by the student ID card and a kiosk system in the mailroom.
Feb 02, 23 / ,

East Carolina adds robot delivery with Grubhub, Starship

East Carolina University has joined the growing list of institutions to deploy robot delivery, partnering with Grubhub and Starship Technologies to provide the service. All students, faculty and staff at East Carolina University are able to leverage robot delivery from main campus dining locations.

LEAF on campus: An open standard for access control and identity management

ELATEC's Sean Houchin discusses a solution for campuses seeking an open alternative to traditional access control platforms: LEAF. LEAF is an open, interoperable platform that allows credential holders to use their LEAF ID card, key fob or smartphone to unlock access to various campus applications through any LEAF-enabled reader.
CIDN logo reversed
The only publication dedicated to the use of campus cards, mobile credentials, identity and security technology in the education market. CampusIDNews – formerly CR80News – has served more than 6,500 subscribers for more than two decades.

Join us, @NACCUorg, and @TouchNet to explore how campus card programs can successfully navigate the sales and procurement process. Join the webinar on June 6, 2 pm EDT.

Webinar: Learn how the University of Arizona uses campus cards, mobile ordering, kiosks, lockers, and robots to revolutionize campus dining. April 7, 2-2:30 EDT. Register Now at

As supply chain issues in 2021 persist, identity solutions provider @ColorID discusses ways campuses can to overcome potentially troublesome delays until the situation eases.

A dining services push at the @UBuffalo is reinforcing the utility of self-service checkout. @CBORD is improving the food service experience using the GET app, as well as Nextep kiosks and Oracle’s Micros Simphony POS.

Did you miss our recent webinar? No worries - watch it on-demand. Leaders from @NAU and the @UAlberta joined Ryan Audus, Touchnet, and Andrew Hudson, @CR80News, to discuss innovative mobile services and the future of mobile tech in higher ed. Watch now:

Load More...
CampusIDNews is published by AVISIAN Publishing
315 E. Georgia St.
Tallahassee, FL 32301[email protected]
Use our contact form to submit tips, corrections, or questions to our team.
©2023 CampusIDNews. All rights reserved.