[250 Pages Report] The global paper moisture meter market size is anticipated to reach USD 2.1 Billion in 2022. It is expected to be valued at USD 5.2 Billion and exhibit growth at a CAGR of 8.1% in the forecast period from 2022 to 2032. The urgent need to detect optimal drying times and identify moisture streaks amid the paper production process are likely to propel the sales of paper moisture meters in the upcoming years.
Report Attribute | Details |
---|---|
Estimated Base Year Value (2021) | USD 1.7 Billion |
Expected Market Value (2022) | USD 2.1 Billion |
Anticipated Forecast Value (2032) | USD 5.2 Billion |
Projected Growth Rate (2022 to 2032) | 8.1% CAGR |
Paper moisture meters are capable of measuring the humidity of paper products and paper. The rising adoption of these meters to prevent expensive damages that often result from paper shrinking or expansion is a major factor that is set to drive the growth in this market.
In addition, paper moisture meters can determine the moisture content based on either relative humidity or absolute humidity. Relative humidity is dependent on temperature, whereas absolute humidity does not take temperature into consideration.
The increasing utilization of these meters by paper mills, paper manufacturers, and paper producers is estimated to boost the demand for paper moisture meters in the near future. Governments and private agencies are expected to conduct awareness programs among people to encourage the usage of these meters. They help in controlling humidity and moisture as excessive moisture can cause paper roll warming.
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Regardless of whether paper is stacked in paper bales or sheets in commercial printing warehouses or in rolls in paper converting plants, its porous surface often absorbs moisture that is relative to the humidity of the environment. This moisture can cause the formation of waves, buckling, and curling in flat paper products, which can be problematic. Besides, it may prevent coatings, inks, paints, and dyes from saturating and covering papers well during processing and printing.
The rising adoption of digital meters for measuring the content of moisture in paper and paper products, such as brown packaging paper, cardboard, coated paper, wrapping paper, craft paper, recycled paper, corrugated boxes, butcher paper, and paperboard is estimated to push the paper moisture meter market growth in the evaluation period.
The easy availability of a wide range of meters that feature numerous paper moisture measuring techniques is another crucial factor that is set to augment the growth. Many manufacturing companies are coming up with nondestructive and destructive methods to measure the moisture content. The increasing demand for standard pinless paper moisture meters that enable nondestructive measurement of moisture is likely to aid the growth.
The usage of a pin paper moisture meter often leads to the formation of two holes in the surface of a particular object, which may hamper its adoption. In addition, this type of meter can provide abnormally high readings which are often not in line with the overall moisture of the object. The temperature of the material can also distort readings. Driven by the aforementioned factors, the sales of paper moisture meters may get hampered in the assessment period.
Asia Pacific is expected to remain at the forefront in the near future by procuring the largest paper moisture meter market share. The ongoing expansion of the newspaper industry in India is set to augur well for the market.
The rising import activities associated with new printing equipment and the rapid technological advancement in the field of machinery are anticipated to make it possible for newspapers to be printed in every regional language. Thus, the easy availability of newspapers in a variety of languages is likely to propel the demand for moisture meters in India, thereby boosting the Asia Pacific market.
North America paper moisture meter market is estimated to showcase steady growth throughout the forthcoming years. This growth is attributable to the presence of several renowned paper product companies in the U.S., namely, NewPage, Sonoco, RockTenn, Graphic Packaging, and Kimberly-Clark.
The ongoing expansion of the e-commerce sector in Canada and Mexico owing to the surging penetration of smartphones, easy access to the internet, and availability of a wide range of products at discounted rates is another crucial factor that is likely to accelerate the paper moisture meter market growth in North America. The COVID-19 pandemic also bolstered the market since December 2019 in the USA with the high panic buying practices among people, especially for toilet papers and tissues.
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Some of the most renowned companies present in the global paper moisture meter market are ELECTROMATIC Equip’t Co., Kett, Acmas Technologies Pvt. Ltd., Schaller, Delmhorst, and Extech Instruments among others.
Majority of the leading players are focusing on partnering up with domestic and small-scale firms to co-develop new products and cater to the high demand from various end-use industries worldwide. A few other key players are investing huge sums in capacity expansions to manufacture more products to surge sales and compete with their rivals.
Report Attribute | Details |
---|---|
Growth Rate | CAGR of 8.1% from 2022 to 2032 |
Base Year for Estimation | 2021 |
Historical Data | 2015 to 2020 |
Forecast Period | 2022 to 2032 |
Quantitative Units | Revenue in USD Million and CAGR from 2022 to 2032 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
Segments Covered | Groups , Paper Type , Region |
Regions Covered | North America ; Latin America ; Western Europe ; Eastern Europe ; APEJ ; Japan ; Middle East and Africa |
Key Countries Profiled | USA , Canada , Brazil , Argentina , Germany , UK , France , Spain , Italy , Nordics , BENELUX , Australia & New Zealand , China , India , ASEAN , GCC , South Africa |
Key Companies Profiled | ELECTROMATIC Equip’t Co. ; Kett ; Acmas Technologies Pvt. Ltd. ; Schaller ; Delmhorst ; Extech Instruments |
Customization | Available Upon Request |
By Groups:
By Paper Type:
By Region:
The global paper moisture meter market is likely to exceed US$ 5.2 Billion by 2032.
Asia Pacific is expected to dominate the paper moisture meter market in terms of share.
ELECTROMATIC Equip’t Co., Kett, Acmas Technologies Pvt. Ltd., Schaller, Delmhorst, and Extech Instruments are some of the key participants in the global paper moisture meter market.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Paper Moisture Meter Market Analysis 2017 to 2021 and Forecast, 2022 to 2032 5. Global Paper Moisture Meter Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Classification 5.1. Absolute Paper Moisture Meter 5.2. Relative Paper Moisture Meter 6. Global Paper Moisture Meter Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Meter Type 6.1. Pin 6.2. Pinless 7. Global Paper Moisture Meter Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region 7.1. North America 7.2. Latin America 7.3. Europe 7.4. East Asia 7.5. South Asia & Pacific 7.6. MEA 8. North America Paper Moisture Meter Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 9. Latin America Paper Moisture Meter Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 10. Europe Paper Moisture Meter Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 11. East Asia Paper Moisture Meter Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 12. South Asia & Pacific Paper Moisture Meter Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 13. MEA Paper Moisture Meter Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 14. Key Countries Paper Moisture Meter Market Analysis 15. Market Structure Analysis 16. Competition Analysis 16.1. The Moisture Meter Company 16.2. Delmhorst Instrument Co. 16.3. Kett US 16.4. Checkline Europe 16.5. PCE Instruments UK Ltd. 16.6. Finna Group 16.7. Swastik Scientific Company 16.8. Schaller GmbH 17. Assumptions & Acronyms Used 18. Research Methodology
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