Global Polyethylene Terephthalate (PET) Blow Moulder Market, By Machine Type (Automatic, Semi-Automatic, Manual), Technology (Stretch Blow Moulding Machine, Injection Blow Moulding Machine, Extrusion Blow Moulding Machine), End Users (Personal Care, Pharmaceuticals, Food and Beverages, Others) – Industry Trends and Forecast to 2029
Market Analysis and Size
Polyethylene Terephthalate (PET) is a thermosetting plastic ideal for manufacturing anything that needs to be water-tight. PET is a popular drink bottle choice due to its safe, lightweight and fully recyclable properties. The PET bottle blow moulding process mechanism by rewarming a pre-moulded PET preform, which is automatically positioned into a mould. During PET blow moulding process, High-pressure food grade compressed air is injected into the preform that expands the plastic and forms the mold's shape. After the plastic has cooled, the bottle is removed, and the process repeats. This procedure is suitable for the production of a wide range of bottles up to 1 litre in capacity, with a choice of standard necks.
Data Bridge Market Research analyses that the polyethylene terephthalate (PET) blow moulder market was valued at USD 121.98 million in 2021 and is expected to reach USD 185.79 million by 2029, registering a CAGR of 5.40 % during the forecast period of 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Machine Type (Automatic, Semi-Automatic, Manual), Technology (Stretch Blow Moulding Machine, Injection Blow Moulding Machine, Extrusion Blow Moulding Machine), End Users (Personal Care, Pharmaceuticals, Food and Beverages, Others)
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Countries Covered
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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, South Africa, Egypt, Israel, 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
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Market Players Covered
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ASB International Private Limited (India), Aoki Technical Laboratory, Inc (Japan), Milacron (U.S.), R&B Plastics Machinery, LLC (U.S.), Guangzhou Tech-Long Packing Machine Co Ltd (China), Sacmi (Italy), Amsler Equipment Inc (Canada), NISSEI ASB MACHINE CO., LTD. (Japan), SMF Maschinenfabrik GmbH (Germany), Sidel (France), Quinko Fujian Machinery Industrial Co., Ltd. (China), Bekum America Corporation (U.S.), KHS Gruppe (Germany), Pet All Manufacturing Inc. (Canada), Krones AG (Germany), FlexBlow (Lithuania), Meccanoplastica (Italy), W. Amsler Equipment Inc. (Canada)
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Market Opportunities
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Market Definition
PET (Polyethylene Terephthalate) blow moulder is a manufacturing process which is generally used for making plastic bottles. However, it can also be used to manufacture oil cans and other larger plastic containers. Blow molding is also used in the mass production of jars and glass bottles. The PET plastic will essential to be heated up and then formed into the desired shape, size, and weight if manufacturing them in-house.
Polyethylene Terephthalate (PET) Blow Moulder Market Dynamics
Drivers
- Growing demand for bottle products
The demand for bottled products is considerably increasing because of growing demand for more suitable packaging for food and beverages products from young consumers. Furthermore, only a few number of beverages were packed into the bottles, but today, more food products like pickles, pulps, dairy products, sauces, and other products are now available which are also packed into the bottle form due to this product providing packed in bottles is also increasing.
- Increasing consumption of drinks
Rising demand of soft drinks and other non-alcoholic and alcoholic beverages due to increasing the consumption of these products by the consumers are increased the demand of bottled which are expected to increase the demand of PET blow moulder and drive the market growth rate during forecast period.
- Increasing daily water consumption
Nowadays, People are installing additional water capacities to meet their daily water demand, which is increasing daily. Due to this increase the overall demand for PET bottles which has helped to increase the concentration of PET blow molding in several economies.
Opportunities
Blow moulding is a process typically used in manufacturing glass and plastic bottles, aside from other food containers. The rising demand for convenient food packaging, rising consumers’ beverage consumption rates, increasing number of bottled consumer products, development of the pharmaceutical and personal care industries are some major factors which are expected to drive the progress of the PET blow moulder market in upcoming period. On the other hand, the significant developments in the packaging industry will also create numerous opportunities, leading to the growth of polyethylene terephthalate (PET) blow moulder market during the forecast period. Moreover, emerging new markets and rise in strategic collaborations will also act as market drivers and further increase the beneficial opportunities for the growth of the PET blow moulder market.
Restraints/ Challenges
The rise in the taxes levied and stringent governmental policies for banning plastic bags may be hamper the growth of the polyethylene terephthalate (PET) blow moulder market t during mentioned period. Also, the PET blow molding process is economical for big manufacturers and large-scale production. But these machines are not possible for rural industrial areas due to the low output expectations and high maintenance and installation cost. These are the major factor that hinders the overall growth of the polyethylene terephthalate (PET) blow moulder market.
This polyethylene terephthalate (PET) blow moulder 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, geographic expansions, technological innovations in the market. To gain more info on the polyethylene terephthalate (PET) blow moulder market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Polyethylene Terephthalate (PET) Blow Moulder Market
The outbreak of covid-19 had affected several industries. However, with shutdowns and lockdown restrictions imposed by the government, the production of product in many companies leads to losses in the market. On the other hand, Covid-19 has improved the demand of some products such as food and beverage which increase the demand for food and beverage packaging machinery. The unexpected demand for pharmaceutical and personal care during the pandemic is shaping the growth of the polyethylene terephthalate (PET) blow moulder market.
Global Polyethylene Terephthalate (PET) Blow Moulder Market Scope
The polyethylene terephthalate (PET) blow moulder market is segmented on the basis of machine type, technology and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Machine Type
- Automatic
- Semi-Automatic
- Manual
Technology
- Stretch Blow Moulding Machine
- Injection Blow Moulding Machine
- Extrusion Blow Moulding Machine
End Users
- Personal Care
- Pharmaceuticals
- Food and Beverages
- Others
Polyethylene Terephthalate (PET) Blow Moulder Market Regional Analysis/Insights
The polyethylene terephthalate (PET) blow moulder market is analysed and market size insights and trends are provided by country, products, usage, capacity, size, sealing and handle, shape, distribution channel and end-user as referenced above.
The countries covered in the polyethylene terephthalate (PET) blow moulder 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, South Africa, Egypt, Israel, 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 polyethylene terephthalate (PET) blow moulder market in terms of market share and revenue during the forecast period. This is due to the increasing demand for polyethylene terephthalate (PET) blow moulder in this region. Asia-Pacific region dominates the polyethylene terephthalate (PET) blow moulder market due to the growing consumption rate of canned foods and beverages in this region.
During the projected period, North America is anticipated to be the fastest developing region due to the growing demand for PET bottles and manufacturers are trying to get more output by investing less in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the 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.
Competitive Landscape and Polyethylene Terephthalate (PET) Blow Moulder Market Share Analysis
The polyethylene terephthalate (PET) blow moulder 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 polyethylene terephthalate (PET) blow moulder market.
Some of the major players operating in the polyethylene terephthalate (PET) blow moulder market are:
- ASB International Private Limited (India)
- Aoki Technical Laboratory, Inc (Japan)
- Milacron (U.S.)
- R&B Plastics Machinery, LLC (U.S.)
- Guangzhou Tech-Long Packing Machine Co Ltd (China)
- Sacmi (Italy)
- Amsler Equipment Inc (Canada)
- NISSEI ASB MACHINE CO., LTD. (Japan)
- SMF Maschinenfabrik GmbH (Germany)
- Sidel (France)
- Quinko Fujian Machinery Industrial Co., Ltd. (China)
- Bekum America Corporation (U.S.)
- KHS Gruppe (Germany)
- Pet All Manufacturing Inc. (Canada)
- Krones AG (Germany)
- FlexBlow (Lithuania)
- Meccanoplastica (Italy)
- W. Amsler Equipment Inc. (Canada)
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