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Bottle Blowing Machine Market Trends

  • Report ID: GMI8242
  • Published Date: Feb 2024
  • Report Format: PDF

Bottle Blowing Machine Market Trends

There has been a trend towards lightweighting in the packaging industry to reduce material usage and transportation costs. The industry has witnessed and increase in the use of innovative materials, including bio-based and recycled plastics, contributing to sustainable packaging practices. PET (polyethylene terephthalate) bottles are widely used for packaging drinking water due to their lightweight, durability, and recyclability. As the consumption of bottled water grows, there is a corresponding increase in the demand for PET bottles, boosting the market for bottle blowing machines. Bottle blowing machines are continually evolving to increase production speeds and overall productivity. Faster cycle times and higher output capacities are crucial for meeting the demands of high-volume production environments.
 

In emerging markets, the demand for bottle blowing machines is growing, propelled by rising consumption of packaged beverages, personal care products, and pharmaceuticals. Manufacturers have expanded their presence in these regions to capitalize on market opportunities.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of bottle blowing machine was worth over USD 2 billion in 2023 and is set to expand at over 4.1% CAGR between 2024 and 2032, driven by the rapid urbanization and population growth along with the surging consumption of packaged goods.

Bottle blowing machine industry from the polyethylene material segment accounted for 46.2% revenue share in 2023 and is anticipated to grow significantly through 2032 attributed to the versatility of polyethylene that can be used for various types of bottles.

North America bottle blowing machine industry held 24% revenue share in 2023 and is estimated to exhibit robust growth between 2024 and 2032, owing to the steady growth of the beverage sector including carbonated soft drinks, bottled water, and other non-alcoholic beverages in the region.

Some of the leading bottle bowing machine providers are Aoki Technical Laboratory, Inc., BEKUM Maschinenfabriken GmbH, Chumpower Machinery Corp., Demark Holding Group, GOLFANG Mfg. & Development Co., Ltd., Husky Injection Molding Systems Ltd., Krones AG, Nissei ASB Machine Co., Ltd., Parker Plastic Machinery Co., Ltd., R&B Plastics Machinery, LLC, SMF Maschinenfabrik GmbH, Wilmington Machinery, and Zhejiang Huangyan Lingma Plastic Machinery Co., Ltd.

Bottle Blowing Machine Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 250
  • Countries covered: 22
  • Pages: 387
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