The global demand for crock meter is anticipated to increase at a moderate CAGR of around 3.4% during the forecast period from 2022 and 2032. Growth of the market is attributable to the surging demand for end-use products like textiles and leather coupled with the rising need to maintain the quality of these products.
| Report Attribute | Details |
| Crock Meter Market Projected Growth Rate (2022-2032) | ~3.4% CAGR |
Crock meters have become ideal tools to measure the moisture content in materials and find the color fastness to rubbing. They are being increasingly used to determine the amount of color transferred from the surface of colored textile material such as fabric, leather and carpeting yarn, to other surfaces (crocking) by means of rubbing.
Rising focus towards maintaining and improving the quality of textile materials is generating huge demand for instruments like crock meters. These meters are being increasingly employed by industrialists to improve quality parameters like color fastness, rubbing fastness and fabric quality.
Increasing adoption of crock meters across textile and leather industries for measuring applications will continue to provide boost the growth of crock meter market during the forecast period.
There are mainly two types of crock meters available in the market i.e., electronic crock meter, hand-operated crock meter. Among these two, electronic crock meter type is anticipated to exhibit demand during the forecast period.
The robust expansion of crock meter market is attributable to the rising demand for textile and leather products across the world, growing focus towards maintaining product quality, and rising popularity of crock meters in emerging economies.
Crock meters have become highly sought-after solutions for measuring the color fastness to rubbing of textile and leather materials on account of their flexible design, compact and user-friendly features. They are being increasingly employed across the textile and leather industries to maintain quality of products.
Rapid expansion of end-use verticals like textile and leather industries due to changing lifestyle, exploding population, increasing disposable income, and growth of fashion sector is creating sales prospects for crock meters and the trend is likely to continue in the future.
Similarly, growing popularity of crock meters for measuring the micro-scratch resistance of coatings, lacquers, and painted surfaces is positively impacting the market growth.
In addition to this, introduction of mandatory quality testing regulations across textile and leather industries along with growing need for measuring moisture content of products across various industries is anticipated to further encourage the adoption of crock meters in future.
Despite the growing popularity of crock meters, there are various factors that are likely to restrain market growth during the forecast period. Some of these factors are the low awareness about the quality of fabrics and lack of manufacturing facilities across some emerging economies.
Spurred by rapid expansion of textile and leather industries and increasing penetration of modern devices like crock meters, Asia Pacific is expected to generate lucrative growth prospects for the manufacturers of crock meters during the forecast period.
Emerging economies like India and China are becoming world leaders in the production and export of textile and leather products. China alone exported textiles and clothing worth 154 billion dollars and 142 billion dollars respectively in 2020, as per the World Trade Statistical Review 2021 report of the World Trade Organization (WTO). This is generating huge demand for fabric quality measuring instruments like crock meters across these nations.
Similarly, exponential growth of leather and agricultural industries across Asia Pacific countries will continue to create growth avenues within the crock meter market in future.
According to Future Market Insights, the North American Crock Meter market spearheaded by the United States is forecast to exhibit strong growth owing to the increasing adoption of modern technologies, rising demand for textile and leather products, and heavy presence of leading market players.
Demand for high quality textile and leather products is on the rise across developed nations like the United States due to exponential growth of fashion industry, growing awareness among people and changing lifestyle. This is in turn pushing sales of crock meters and the trend is likely to prevail in the future.
In addition to this, growing popularity of using electronic crock meters for finding color fastness of textiles as well as for measuring moisture content of products is expanding the size of crock meter market across the region.
Some of the key participants present in the global crock meter market include Presto Group, TESTEX Textile Testing Instruments, Qualitest International Inc., James Heal, and SDL Atlas, among others.
The global crock meter market is highly competitive in nature with leading players constantly upgrading their product portfolios. They have adopted various organic and inorganic growth strategies such as mergers, partnerships, new product launches, innovative marketing approaches and price reduction to gain a competitive edge in the market.
| Report Attribute | Details |
| Growth Rate | CAGR of 3.4% from 2022 to 2032 |
| Base Year for Estimation | 2021 |
| Historical Data | 2015-2020 |
| Forecast Period | 2022-2032 |
| Quantitative Units | Revenue in USD Billion, Volume in Kilotons and CAGR from 2022-2032 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
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| Customization | Available Upon Request |
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FMI projects the global crock meter sales to rise at around 3.4% CAGR throughout the forecast period.
As per FMI, Asia Pacific is expected to emerge as the most lucrative market for crock meters during the forecast period.
Presto Group, TESTEX Textile Testing Instruments, Qualitest International Inc., and SDL Atlas are some prominent crock meter manufacturers
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