In the period succeeding the launch of the Euro, mints that have consolidated into integrated manufacturing units, and which have established a sound financial base, are those best positioned to address the challenges of the market and grow in future.
(PRWEB) February 13, 2013
"World Coins and Blanks: A Global Review of the Industry and its Manufacturers" examines the technology behind blank manufacturing and coin striking, and it provides historical, technical and financial profiles of the main players in the industry. In the final section it analyzes the risks that are ever-present in this sector – mainly the volatility of metal prices combined with high procurement costs and low margins – and the industry’s long-term prospects.
This market research presents a tiered segmentation of the coin industry. The “first-tier” is dominated by large, state-owned mints that offer coins and blanks as well as a range of ancillary products, including commemoratives, bullion, decorations, medals and jewellery. The “second-tier” is composed of medium-sized state-owned mints without blanking capacity that caters to their domestic or regional needs, exporting excess capacity to the commercial market. The gap in turnover and volume between the first and second divisions is relatively wide. A “third-tier” is comprised of private-sector companies covering mint-related products and services. These include companies that offer minting components as a bi-product to their core business in industrial and consumer products.
All state mints underwent “corporatization” around the 1960s-1990s, with governments instructing them to secure export sales.
Leading players featured in the report include The Royal Canadian Mint, Royal Mint, Mint of Finland Group, The Austrian Mint, Monnaie de Paris, France, The Royal Dutch Mint, The Royal Australian Mint, The South African Mint, The Slovakian Mint, The Singapore Mint, Poongsan Corporation, Korea, Amera Payment Systems AG, Consolidated Coin Company (CCC), India, Jindal Stainless Steel (JSS), Stuttgart Mint, Karlsruhe Mint, Munich mint, Berlin Mint, and Hamburg Mint .
For more information please visit http://www.researchandmarkets.com/research/glvfpd/world_coins_and.
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