Market Overview:
The global humidity indicator cards (HICs) market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for humidity indicator cards in military, semiconductor, and electronics applications. In addition, the growing demand for desiccator plugs & humidity indicators is also contributing to the growth of this market. However, fluctuations in prices of raw materials may restrain the growth of this market during the forecast period. On basis of type, cobalt-dichloride free humidity indicator cards are expected to dominate the global HICs market during 2018-2030 owing to their high accuracy and reliability in indicating relative humidity levels.
Product Definition:
Humidity Indicator Cards (HICs) are small, plastic cards that change color to indicate the level of humidity in a package or container. This helps to ensure that the contents of the package remain at an acceptable humidity level. HICs are important because they help to protect sensitive items from damage caused by high or low levels of humidity.
Cobalt-Dichloride Free Humidity Indicator Cards:
Cobalt-dichloride free humidity indicator cards are used to monitor the relative humidity of a sample. Cobalt-dichloride is added as an additive in plasticizers and printing inks, which forms stable complexes with moisture present in the air. The color change occurs when the complexed cations exchange moisture for monomer molecules.
The global cobalt-dichloride free HICs market size was valued at USD 11,852.
Cobalt Free Humidity Indicator Cards:
Cobalt free humidity indicator cards are used in the manufacturing of Humidity Indication Cards (HICs). HICs are used to indicate relative humidity levels. Cobalt blue is added to the cardstock as a pigment and it does not affect the performance of card. The percentage range for indicating relative humidity on these cards is between 20% - 80%.
These indicators can be customized based on customer requirements.
Application Insights:
Electronics application segment led the global market in 2017 and is projected to continue its dominance over the forecast period. The rising demand for electronic devices has been fueling the growth of this segment. An increase in production of electronic devices such as smartphones, laptops, etc., has resulted in an increased need for these cards.
The military application segment is expected to register a significant CAGR during the forecast period owing to increasing defense expenditure across various countries worldwide including China, U.S., India and Russia among others which are major producers of Humidity Indicator Cards (HICs). In addition, presence of armed forces bases at strategic locations throughout different regions will further fuel product demand from 2018 to 2030.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of major industry participants and well-established manufacturing sector. The region is expected to continue its dominance over the forecast period, with a few emerging countries such as China and India catching up with North America's technological advancements. Asia Pacific is projected to be one of the fastest growing regions due to increasing demand from end-use industries for humidity indicator cards used in military, electronics, semiconductor and others applications. The Middle East & Africa (MEA) region has also witnessed significant growth opportunities for industry players operating within or outside this region due to rising investments by foreign companies especially in Israel & South Africa coupled with favorable government regulations pertaining electronic manufacturing services (EMS).
Growth Factors:
- Increasing demand for HICs from the food and beverage industry as a result of stringent regulations on food safety
- Growing demand for HICs from the pharmaceutical and healthcare industry to prevent product contamination
- Rising awareness about the benefits of using HICs among consumers and businesses
- Technological advancements that have led to the development of more accurate and sensitive humidity indicators
- The increasing popularity of disposable packaging formats, which is benefitting the growth of the HIC market
Scope Of The Report
Report Attributes
Report Details
Report Title
Humidity Indicator Cards (HICs) Market Research Report
By Type
Cobalt-Dichloride Free Humidity Indicator Cards, Cobalt Free Humidity Indicator Cards, Desiccator Plugs & Humidity Indicators, Humitector Humidity Indicator Cards
By Application
Military, Semiconductor, Electronics, Others
By Companies
3M, AGM Container, Texas Instruments, Desco, Desiccare, Inc., IMPAK Corporation, Clariant, Advantek, Telatemp, All-Spec, Protective Packaging Corporation
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Humidity Indicator Cards (HICs) Market Report Segments:
The global Humidity Indicator Cards (HICs) market is segmented on the basis of:
Types
Cobalt-Dichloride Free Humidity Indicator Cards, Cobalt Free Humidity Indicator Cards, Desiccator Plugs & Humidity Indicators, Humitector Humidity Indicator Cards
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Military, Semiconductor, Electronics, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- 3M
- AGM Container
- Texas Instruments
- Desco
- Desiccare, Inc.
- IMPAK Corporation
- Clariant
- Advantek
- Telatemp
- All-Spec
- Protective Packaging Corporation
Highlights of The Humidity Indicator Cards (HICs) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cobalt-Dichloride Free Humidity Indicator Cards
- Cobalt Free Humidity Indicator Cards
- Desiccator Plugs & Humidity Indicators
- Humitector Humidity Indicator Cards
- By Application:
- Military
- Semiconductor
- Electronics
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Humidity Indicator Cards (HICs) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Humidity indicator cards (HICs) are a type of weather station that measure the humidity in the air. They are often used to monitor changes in humidity levels over time.
Some of the key players operating in the humidity indicator cards (hics) market are 3M, AGM Container, Texas Instruments, Desco, Desiccare, Inc., IMPAK Corporation, Clariant, Advantek, Telatemp, All-Spec, Protective Packaging Corporation.
The humidity indicator cards (hics) market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Humidity Indicator Cards (HICs) Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Humidity Indicator Cards (HICs) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Humidity Indicator Cards (HICs) Market - Supply Chain
4.5. Global Humidity Indicator Cards (HICs) Market Forecast
4.5.1. Humidity Indicator Cards (HICs) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Humidity Indicator Cards (HICs) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Humidity Indicator Cards (HICs) Market Absolute $ Opportunity
5. Global Humidity Indicator Cards (HICs) Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Humidity Indicator Cards (HICs) Market Size and Volume Forecast by Type
5.3.1. Cobalt-Dichloride Free Humidity Indicator Cards
5.3.2. Cobalt Free Humidity Indicator Cards
5.3.3. Desiccator Plugs & Humidity Indicators
5.3.4. Humitector Humidity Indicator Cards
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Humidity Indicator Cards (HICs) Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Humidity Indicator Cards (HICs) Market Size and Volume Forecast by Application
6.3.1. Military
6.3.2. Semiconductor
6.3.3. Electronics
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Humidity Indicator Cards (HICs) Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Humidity Indicator Cards (HICs) Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Humidity Indicator Cards (HICs) Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Humidity Indicator Cards (HICs) Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Humidity Indicator Cards (HICs) Demand Share Forecast, 2019-2026
9. North America Humidity Indicator Cards (HICs) Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Humidity Indicator Cards (HICs) Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Humidity Indicator Cards (HICs) Market Size and Volume Forecast by Application
9.4.1. Military
9.4.2. Semiconductor
9.4.3. Electronics
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Humidity Indicator Cards (HICs) Market Size and Volume Forecast by Type
9.7.1. Cobalt-Dichloride Free Humidity Indicator Cards
9.7.2. Cobalt Free Humidity Indicator Cards
9.7.3. Desiccator Plugs & Humidity Indicators
9.7.4. Humitector Humidity Indicator Cards
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Humidity Indicator Cards (HICs) Demand Share Forecast, 2019-2026
10. Latin America Humidity Indicator Cards (HICs) Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Humidity Indicator Cards (HICs) Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Humidity Indicator Cards (HICs) Market Size and Volume Forecast by Application
10.4.1. Military
10.4.2. Semiconductor
10.4.3. Electronics
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Humidity Indicator Cards (HICs) Market Size and Volume Forecast by Type
10.7.1. Cobalt-Dichloride Free Humidity Indicator Cards
10.7.2. Cobalt Free Humidity Indicator Cards
10.7.3. Desiccator Plugs & Humidity Indicators
10.7.4. Humitector Humidity Indicator Cards
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Humidity Indicator Cards (HICs) Demand Share Forecast, 2019-2026
11. Europe Humidity Indicator Cards (HICs) Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Humidity Indicator Cards (HICs) Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Humidity Indicator Cards (HICs) Market Size and Volume Forecast by Application
11.4.1. Military
11.4.2. Semiconductor
11.4.3. Electronics
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Humidity Indicator Cards (HICs) Market Size and Volume Forecast by Type
11.7.1. Cobalt-Dichloride Free Humidity Indicator Cars
11.7.2. Cobalt Free Humidity Indicator Cards
11.7.3. Desiccator Plugs & Humidity Indicators
11.7.4. Humitector Humidity Indicator Cards
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Humidity Indicator Cards (HICs) Demand Share, 2019-2026
12. Asia Pacific Humidity Indicator Cards (HICs) Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Humidity Indicator Cards (HICs) Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Humidity Indicator Cards (HICs) Market Size and Volume Forecast by Application
12.4.1. Military
12.4.2. Semiconductor
12.4.3. Electronics
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Humidity Indicator Cards (HICs) Market Size and Volume Forecast by Type
12.7.1. Cobalt-Dichloride Free Humidity Indicator Cards
12.7.2. Cobalt Free Humidity Indicator Cards
12.7.3. Desiccator Plugs & Humidity Indicators
12.7.4. Humitector Humidity Indicator Cards
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Humidity Indicator Cards (HICs) Demand Share, 2019-2026
13. Middle East & Africa Humidity Indicator Cards (HICs) Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Humidity Indicator Cards (HICs) Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Humidity Indicator Cards (HICs) Market Size and Volume Forecast by Application
13.4.1. Military
13.4.2. Semiconductor
13.4.3. Electronics
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Humidity Indicator Cards (HICs) Market Size and Volume Forecast by Type
13.7.1. Cobalt-Dichloride Free Humidity Indicator Cards
13.7.2. Cobalt Free Humidity Indicator Cards
13.7.3. Desiccator Plugs & Humidity Indicators
13.7.4. Humitector Humidity Indicator Cards
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Humidity Indicator Cards (HICs) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Humidity Indicator Cards (HICs) Market: Market Share Analysis
14.2. Humidity Indicator Cards (HICs) Distributors and Customers
14.3. Humidity Indicator Cards (HICs) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. 3M
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. AGM Container
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Texas Instruments
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Desco
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Desiccare, Inc.
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. IMPAK Corporation
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Clariant
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Advantek
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Telatemp
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. All-Spec
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Protective Packaging Corporation
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook