Global Polyethylene Terephthalate (PET) Preform Machines Market By Technology Type (Hydraulic, Mechanical, Electric and Pneumatic), Orientation Type (Rotary and Linear), Application Type (Returnable Bottles, Non-Returnable Bottles and Multilayer Bottles), Product Form (Solid, Liquid, Powder, and Gel), End User Industry (Food and Beverages, Consumer Goods, Chemicals, Pharmaceuticals and Personal care and Cosmetics and Other Industries), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights: Global Polyethylene Terephthalate (PET) Preform Machines Market
Data Bridge Market Research analyses that the polyethylene terephthalate (PET) preform machines market will project a CAGR of 6.50% for the forecast period of 2021-2028. Rising focus on the packaging product innovations by the major manufacturers, growth and expansion of packaging industry especially in the developing economies, rising levels of consumption for plastic bottles for packaging water, and increased personal disposable income are the factors driving the growth of polyethylene terephthalate (PET) preform machines market. Therefore, the polyethylene terephthalate (PET) preform machines market value will rocket up to USD 12500 million by 2028.
Polyethylene terephthalate is a common thermoplastic polymer resin that can be used for a wide range of applications. Therefore, PET preform machines are used for the manufacturing of complex and large volume of plastic packaging materials. PET preforms can be easily moulded into different shapes and sizes.
Rising awareness about the benefits of PET bottles such as durability, lightweight, thermal stability and so on is driving the growth in the market value. Growing focus of the manufacturers on the environmental-friendly packaging products and growth and expansion of the food and beverages industry especially in the developing economies will further induce growth in the market value. Rising proliferation of e-commerce industry especially in the developing economies, growing awareness among the consumers towards environmental values and growing demand for demand for bottled beverages especially in India and China are some other indirect factors that will also promote the market growth rate.
However, high costs associated with machinery will create hindrances for the market growth rate. Rising availability of alternative packaging solutions will further dampen the market growth rate. Fluctuations in the prices of raw materials will also restrict the scope of growth for the market.
This polyethylene terephthalate (PET) preform machines market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised 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 polyethylene terephthalate (PET) preform machines 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 Polyethylene Terephthalate (PET) Preform Machines Market Scope and Market Size
Global polyethylene terephthalate (PET) preform machines market is segmented on the basis of technology type, orientation type, application type, product form and end user industry. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of technology type, the polyethylene terephthalate (PET) preform machines market is segmented into hydraulic, mechanical, electric and pneumatic.
- On the basis of orientation type, the polyethylene terephthalate (PET) preform machines market is segmented into rotary and liner.
- Based on application type, the polyethylene terephthalate (PET) preform machines market is segmented into returnable bottles, non-returnable bottles and multilayer bottles.
- Based on product form, the polyethylene terephthalate (PET) preform machines market is segmented into solid, liquid, powder, and gel.
- Based on end user industry, the polyethylene terephthalate (PET) preform machines market is segmented into food and beverages, consumer goods, chemicals, pharmaceutical and personal care and cosmetics and other industries.
Global Polyethylene Terephthalate (PET) Preform Machines Market Country Level Analysis
The global polyethylene terephthalate (PET) preform machines market is analysed and market size insights and trends are provided by country, technology type, orientation type, application type, product form and end user industry as referenced above.
The countries covered in the polyethylene terephthalate (PET) preform machines 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 region dominates the polyethylene terephthalate (PET) preform machines market and will continue to flourish its trend of dominance during the forecast period. Availability of raw materials, low manufacturing costs in emerging economies like India and China and increasing personal disposable income are some important market growth determinants.
The country section of the polyethylene terephthalate (PET) preform machines market 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.
Competitive Landscape and Polyethylene Terephthalate (PET) Preform Machines Market Share Analysis
The polyethylene terephthalate (PET) preform machines 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) preform machines market.
The major players covered in the polyethylene terephthalate (PET) preform machines market report Magnum Group, Polymechplast Machines Ltd ., Husky Injection Molding Systems Ltd., Shibaura Machine CO., LTD, KraussMaffei, SIPA S.p.A., SACMI IMOLA S.C., NISSEI ASB MACHINE CO., LTD., Demark (Changxing) Injection Molding Systems Co., Ltd., Pet All Manufacturing Inc., IBO SRL, Ningbo Hautek Industries Co., Ltd., Powerjet Plastic Machinery Co., Ltd, ALPLA, PLASTIPAK HOLDINGS, INC., Retal Industries LTD., RESILUX NV, SGT, Taiwan Hon Chuan and Logoplaste among other global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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