The global paper moisture meter market is predicted to reach a valuation of US$ 5.2 billion by 2032, with sales growing at a robust CAGR of 8.1% from 2022 to 2032. The market was valued at US$ 2.1 billion in 2022. An urgent need to identify optimal drying times and detect moisture streaks amid the paper production process is responsible for the strong growth of the paper moisture meter market during the forecast period. Further, surging demand for paper moisture meters by paper mills, paper producers, and manufacturers along with initiatives by government and non-governmental agencies will bolster the expansion of the paper moisture meter market.
Historically, the paper moisture meter market was valued at US$ 1.7 billion in 2021. The porous surface of paper frequently absorbs moisture that is relative to the humidity of the environment, irrespective of whether it is stacked in paper bales or sheets in commercial printing warehouses or in roles in paper-converting plants. The moisture forms waves, buckling, and curling in flat paper products which is problematic. In addition, moisture can also prevent inks, coatings, paints, and dyes from saturating and providing better coverage for papers during processing and printing. These factors promote the usage of paper moisture meters across various industries in the forthcoming years.
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The market is also driven by the growing adoption of digital meters and the availability of a wide range of meters. Increasing adoption of digital meters to measure the moisture content in paper and different paper products including brown packaging paper, coated paper, cardboard, wrapping paper, craft paper, recycled paper, corrugated boxes, paperboard, and butcher paper will boost the paper moisture meter market growth. Furthermore, access to different varieties of paper moisture meters that offer various moisture measuring techniques also augurs well for the market. In recent developments, numerous manufacturers are coming up with nondestructive and destructive methods to measure moisture content. In addition, the elevated demand for standard pinless paper moisture meters that ensure nondestructive measurement of moisture will drive the market forward during the projection period.
Though the market is expected to undergo positive prospects in the next couple of years, it is not without its share of challenges. The use of a pin paper moisture meter results in the formation of two holes in the surface of a particular object and also provide abnormally high moisture readings. These aspects will likely stymie the growth of the paper moisture meter market during the assessment period.
Key Takeaways:
- Incorrect and abnormally high moisture readings may stunt the sales of the paper moisture meter market.
- Adoption of digital meters will strengthen prospects for the paper moisture meter market.
- Asia Pacific will continue to dominate the paper moisture meter market due to the expansion of the newspaper industry across the region.
- The strong presence of key market players will drive the growth of the paper moisture meter market in the US.
Competitive Landscape
ELECTROMATIC Equip’t Co., Kett, Acmas Technologies Pvt. Ltd., Schaller, Delmhorst, and Extech Instruments, among others, are some of the dominant players in the paper moisture meter market profiled in the full version of the report.
Eminent market players are concentrating on increasing investments in capacity expansions so as to meet consumer demands. A significant portion of the market participants is partnering and collaborating with domestic and local enterprises to co-develop products and cater to increasing demands from various industries all over the world. For instance, Kett focuses on launching and developing products that are cost-effective, durable, and of superior quality to meet the standard and demands of various industrial verticals.
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More Insights into Paper Moisture Meter Market
FMI offers the latest, unbiased, and detailed analysis of the global paper moisture meter market, providing historical data from 2015 to 2020 and forecast statistics for 2022 to 2032. For a comprehensive understanding of the global market potential, growth, and scope, the market is segmented on the basis of groups, paper type, and region.
According to the latest FMI reports, based on region, the paper moisture meter market in Asia Pacific will exhibit strong growth between 2022 and 2032. The target market in this region will lead the market primarily due to the expansion of the newspaper industry, particularly in countries like India. Rising import of novel printing equipment and swift technological enhancement in machinery will propel the newspaper industry forward which, in turn, will fuel the paper moisture market in Asia Pacific. Apart from Asia Pacific, North America will also demonstrate notable growth in the market. Hence, Asia Pacifc and North America are the two regions that will make notable contributions to the global growth of the paper moisture meter market.
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