Polycarbonate Passports Set to Become the Norm

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By Sam Gazeley | 1Q 2021 | IN-6025

 

The COVID-19 Impact on the Passport Market

NEWS


As countries continue to enter and exit lockdowns and experience disruption to everyday life, the passport market has seen a sharp downturn as international travel opportunities remain largely reduced and inconsistent. At a more granular perspective, the effect of COVID-19 on the global passport market has been twofold:

  • First, significant travel restrictions and closures of borders have limited the use cases of the passport to an in-country form of identification. For countries that already use another credential—such as a national ID and driver’s license—as their primary ID format, the passport is struggling to find traction especially as it relates to replacement rates owing to a high end-user cost.
  • Second, those citizens who have elected to renew their passports throughout 2020 will meet significant delays in the credential issuance due to closures of enrollment and personalization centers. In an effort to reduce levels of contact and enable social distancing, many governments have sought to limit or close nonessential offices and centers, and thi…

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