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Blow Molding Machine Market Size is Expected to Reach USD 9.14 Billion by 2031 With CAGR of 6.5%

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“According to the SNS Insider report, the Blow Molding Machine Market Growth is anticipated to reach USD 9.14 billion by 2031, up from its 2023 valuation of USD 5.52 billion”

A key driver is the booming Fast-Moving Consumer Goods (FMCG) sector, particularly in food and beverage.

A 2023 report by SNS Insider predicts that the plastic bottles market will grow intensely by 2031, with a significant portion relying on blow molding for production. This translates to a constant need for blow molding machines, especially those capable of handling high-volume production of PET and HDPE bottles used for beverages, water, and condiments. Moreover, the automotive industry in developed nations like the US, Canada, Germany, and Japan is projected to consume a substantial share of blow molded components, reaching an estimated 2.3 million tons by 2031 according to a 2023 study by SNS Insider.

Studies have shown that inconsistencies in melt flow rate alone can lead to product defects in up to 30% of blow molded parts.

This necessitates rigorous material selection and testing procedures to ensure compatibility with specific machine functionalities. Furthermore, the inherent limitations of blow molding itself pose a hurdle. Unlike injection molding, blow molding is restricted to producing hollow forms. This translates to a missed market share for applications requiring solid plastic components.

Blow Molding Machine Market
Blow Molding Machine Market

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Major Players Listed in this Report are:

  • R&B Plastics Machinery
  • LLC
  • Zhejiang Huangyan Lingma Plastic Machinery
  • Pet All Manufacturing Inc
  • Nissei asb company
  • SIPA North America, Inc
  • Jomar Corporation
  • Tech-Long Inc
  • KHS GmbH
  • Sacmi Imola
  • KENPLAS Industry Ltd

85% of consumers globally are willing to pay a premium for products with eco-friendly packaging. 

This shift in consumer preference presents a lucrative chance for blow molding machine manufacturers to develop machines optimized for handling recycled resins. By focusing on technologies that minimize material waste and enhance the recyclability of final products, manufacturers can target this environmentally conscious demographic. Additionally, a 2024 report by SNS Insider highlights the rise of the medical and pharmaceutical industries in developing economies. These sectors, with an expected combined growth rate of 12% by 2031, will require a significant increase in sterile plastic containers and precise dosing devices.

Extrusion blow molding, holding the largest share at around 60%, excels in high-volume production of simple containers like bottles and jugs.

Its dominance stems from its affordability, speed, and ability to handle a wide range of resins. Injection blow molding provides to complex, multi-layered parts often requiring tight tolerances, and captures roughly 25% of the market. This technology is favored for applications like fuel tanks and medical devices due to its precision and material distribution control.

Blow Molding Machine Market Key Segments:

By Technology Type

  • Single-step Based
  • Two-step Based

By Orientation Type

  • Rotary Type Machine
  • Linear Type Machine

By Type

  • Extrusion Blow Molding
  • Injection Blow Molding
  • Injection Stretch Blow Molding

By Raw material

  • Polyethylene (PE)
  • Polypropylene (PP)
  • Polyvinyl Chloride (PVC)
  • Polyethylene Terephthalate (PET)
  • Others

By Application

  • Packaging
  • Automotive
  • Construction
  • Others

By End Use

  • Food & Beverage Industry
  • Personal Care & Cosmetic Industry
  • Consumer Goods Industry
  • Pharmaceuticals Industry
  • Others

The blow molding machine market is experiencing a rise in emerging regions like Southeast Asia and Latin America.

There’s a significant rise in disposable income, leading to increased consumer spending on packaged goods like food and beverages. This translates to a demand for high-performance blow molding machines for efficient production. Secondly, these regions boast a booming automotive industry, with a shift in manufacturing from developed nations. This creates a need for blow molding machines capable of crafting lightweight, durable plastic components for vehicles.

Government initiatives promoting local manufacturing and infrastructure development in these regions further promote the demand for blow molding machines used in construction and industrial applications. Interestingly, a 2023 study by a leading research firm SNS Insider revealed that over 60% of new blow molding machine installations are expected to occur in emerging regions by 2031.

Recent Developments:

  • While multinational corporations like Japan Steel Works and Haitian International hold significant market share, North American companies like Uniloy Inc. and machinery giants from China are strong contenders.

 

  • Though cost remains a key consideration, buyers increasingly prioritize factors like automation capabilities, energy efficiency, and after-sales service. This shift presents an opportunity for niche players specializing in high-performance machines or those providing to specific regional demands.
  • The market also sees collaboration, with strategic partnerships between established brands and regional players for wider market access and knowledge sharing.

Do you have any specific queries or need any customization research on Blow Molding Machine Market, Enquire Now@ https://www.snsinsider.com/enquiry/4202 

Key Takeaways:

  • With people spending more time at home, the demand for beverage bottles has also grown, driving the need for high-speed stretch blow molding machines used to produce bottles for water, juices, and beers. This technology is attractive due to its ability to produce high-quality containers at a faster rate, leading to increased efficiency and cost reduction.
  • The trend towards innovation in blow molding machines is likely to continue, with a focus on enhanced precision, faster production speeds, and the ability to handle a wider range of materials.
  • This bodes well for the future of the blow molding machine market, particularly in sectors like automotive, beverage, healthcare, and cosmetics, where there’s a growing demand for flexibility and repeatability in plastic container production.

Table of Contents – Key Points

  1. Introduction
  2. Research Methodology
  3. Market Dynamics
  4. Impact Analysis
  5. Value Chain Analysis
  6. Porter’s 5 forces model
  7. PEST Analysis
  8. Blow Molding Machine Market Segmentation, By Technology Type
  9. Blow Molding Machine Market Segmentation, By Orientation Type
  10. Blow Molding Machine Market Segmentation, By Type
  11. Blow Molding Machine Market Segmentation, By Raw material
  12. Blow Molding Machine Market Segmentation, By Application
  13. Blow Molding Machine Market Segmentation, By End Use
  14. Regional Analysis
  15. Company Profiles
  16. Competitive Landscape
  17. Conclusion

Continue….

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About Us:

SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our company’s aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world.

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Akash Anand – Head of Business Development & Strategy

info@snsinsider.com

Phone: +1-415-230-0044 (US)

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