Global Blow Molding Machine Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2024 –2031 |
Market Size (Base Year) |
USD 5.81 Billion |
Market Size (Forecast Year) |
USD 7.89 Billion |
CAGR |
|
Major Markets Players |
Global Blow Molding Machine Market Segmentation, By Type (Extrusion, Injection, Injection Stretch), Application (Packaging, Consumable, Automotive, Electronics, Construction, Other Applications), Raw Material (Polyethylene Terephthalate (PET), Polyethylene (PE), Polypropylene (PP), Polybutylene Terephthalate (PBT), Polyvinyl Chloride (PVC), Polystyrene (PS), Others Plastic Materials) - Industry Trends and Forecast to 2031.
Global Blow Molding Machine Market Size
Global blow molding machine market size was valued at USD 5.81 billion in 2023 and is projected to reach USD 7.89 billion by 2031, with a CAGR of 3.90% during the forecast period of 2024 to 2031.
Report Scope and Market Segmentation
Attributes |
Blow Molding Machine Key Market Insights |
Segmentation |
By Type: Extrusion, Injection, Injection Stretch By Application: Packaging, Consumable, Automotive, Electronics, Construction, Other Applications By Raw Material: Polyethylene Terephthalate (PET), Polyethylene (PE), Polypropylene (PP), Polybutylene Terephthalate (PBT), Polyvinyl Chloride (PVC), Polystyrene (PS), Others Plastic Materials |
Countries Covered |
U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa |
Key Market Players |
The Japan Steel Works, LTD., Jomar Corp., PARKER PLASTIC MACHINERY CO., LTD, Jiangsu Victor Machinery CO.,Ltd, GOLFANG Mfg. & Development Co., Ltd., SUMA, Universal Machinery & Services, BLOW ENTERPRISES, NISSEI ASB MACHINE CO.,LTD, Bekum Maschinenfabriken GmbH, Chia Ming Machinery Co., Ltd., Elegance Industries, Kautex Maschinenbau, Meccanoplastica, Polymechplast Machines Ltd, |
Global Blow Molding Machine Market Dynamics
The growing demand for machines due to the prevalence of low labour cost, rising preferences towards molded plastic products, increasing demand due to the flexibility of material and low waste production are some of the factors that will likely to enhance the growth of the blow molding machine market in the forecast period of 2024-2031. On the other hand, rising technological advancement in the economy which will further boost various opportunities that will lead to the growth of the blow molding machine market in the above mentioned forecast period.
Easy availability of product substitute along with high initial investment which will likely to restrict the growth of the blow molding machine market in the above mentioned forecast period.
This blow molding machine market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on blow molding machine market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Blow Molding Machine Market Scope
Blow molding machine market is segmented on the basis of type, raw material and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
Type
- Extrusion
- Injection
- Injection stretch
Raw Material
- Polyethylene Terephthalate (PET)
- Polyethylene (PE)
- Polypropylene (PP)
- Polybutylene Terephthalate (PBT)
- Polyvinyl Chloride (PVC)
- Polystyrene (PS)
- Others Plastic Materials
Application
- Packaging
- Consumable
- Automotive
- Electronics
- Construction
- Other Applications
Blow Molding Machine Market Regional Analysis
Blow molding machine market is analyzed and market size, volume information is provided by country type, raw material and application as referenced above.
The countries covered in the blow molding machine market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the blow molding machine market due to the rising disposable income of the people along with rapid modernization, increasing demand of packaging products. North America region is expected to hold the largest growth rate due to the growing automotive, food & beverages and other industries.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Blow Molding Machine Market Share Analysis
Blow molding machine market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to blow molding machine market.
Blow Molding Machine Market Leaders Operating in the Market Are:
- The Japan Steel Works, LTD.
- Jomar Corp.
- PARKER PLASTIC MACHINERY CO.LTD
- Jiangsu Victor Machinery CO.,Ltd
- GOLFANG Mfg. & Development Co., Ltd.
- SUMA
- Universal Machinery & Services
- BLOW ENTERPRISES
- NISSEI ASB MACHINE CO.,LTD
- Bekum Maschinenfabriken GmbH
- Chia Ming Machinery Co., Ltd.
- Elegance Industries
- Kautex Maschinenbau
- Meccanoplastica
- Polymechplast Machines Ltd
SKU-
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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