Authored By: Sarah
11 Jul 2024

 Blow Molding Machinery Market Size to grow by USD 1069.3 million between 2024-2028

According to a research report “ Blow Molding Machinery Market” by End-user (Food packaging, Construction, Others) Geography (North America, APAC, Europe, South America, Middle East and Africa)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 1069.3 million, at a CAGR of  4.5% during the forecast period. The e-commerce sector's expansion is driving up the demand for packaging solutions, particularly packaging machinery. As e-retail becomes a primary sales channel for consumer goods and pharmaceuticals, the significance of packaging attributes, such as color, images, and logos, will escalate. The forecast period is expected to witness an uptick in the usage of white-top corrugated boards and micro-flute packaging due to their desirable features, including high flexural strength, lightweight nature, and enhanced insulating properties, which are essential for transit packaging. The proliferation of e-commerce has expedited supply chain operations, necessitating a reduction in order fulfillment and delivery cycle times.

Browse market data tables, figures, and in-depth TOC on “Blow Molding Machinery Market” by End-user (Food packaging, Construction, Others) Geography (North America, APAC, Europe, South America, Middle East and Africa) Global Forecast to 2028. Download Free Sample

 

By End-user, the Food packaging segment is projected to dominate the market size in 2024

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By Geography, North America  segment is expected to hold the largest market size for the year 2024

The blow molding machinery market witnesses continuous growth due to increasing demand for blow molded products in various end-use industries, including packaging, automotive, and construction. Advanced technology trends, such as electric blow molding machines and stack molds, are driving market expansion. Furthermore, the market is expected to benefit from rising consumer preferences for lightweight and eco-friendly packaging solutions.

North America is forecasted to hold the largest market size by region in 2024

The blow molding machinery market represents a significant business opportunity for manufacturers, driven by the increasing demand for blow-molded products in various industries. This market is characterized by continuous innovation, with a focus on energy efficiency, automation, and customization to meet evolving customer needs. Key players are investing in research and development to expand their product offerings and enhance their competitive edge. The market is expected to grow steadily due to the rising consumption of plastic packaging and automotive parts, among other applications.

The Blow Molding Machinery Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:

  • BEKUM Maschinenfabriken GmbH
  • Blow Enterprises
  • British Plastics Federation
  • Chia Ming Machinery Co Ltd.
  • Golfang Mfg. and Development Co. Ltd.
  • Jagmohan Pla Mach Pvt. Ltd.
  • Jiangsu Victor Machinery Co. Ltd
  • Jomar Corp.
  • Meccanoplastica Srl
  • Nissei ASB Machine Co. Ltd.
  • Parker plastic machinery Co. Ltd.
  • Polymechplast Machines Ltd.
  • Suma Plastic Machinery Co. Ltd.
  • Sumitomo Heavy Industries Ltd.
  • SuZhou Bestar Blow Molding Technology Co. Ltd.
  • The Japan Steel Works Ltd.
  • thyssenkrupp AG
  • Universal Machinery and Services
  • Zeel plast Machinery
.

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Research Analysis Overview

The Blow Molding Machinery Market is witnessing significant growth due to the increasing demand for eco-friendly packaging and sustainable practices in various industries. Innovative packaging solutions, such as those made from PET, are gaining popularity in the consumer goods sector for their aesthetically pleasing designs and brand differentiation. The pharmaceuticals sector also relies heavily on blow molding machinery for producing containers, such as plastic cans, wide mouth jars, and plastic bottles, for storing and transporting their products. Blow molding processes like extrusion, injection-stretch, and beverage machineries are used to produce a wide range of hollow plastic products, including soft drink bottles, water bottles, and plastic tubes. These processes offer cost-effective packaging solutions for various industries, making them an attractive option for manufacturers. Furthermore, the market is also witnessing the trend of flexible packaging, which is gaining popularity due to its lightweight and cost-effective nature. Blow molding machinery is used to produce parisons, which are then inflated using compressed air to create the final product. This process is commonly used for producing plastic bottles and containers for cleaning products, sanitizers, hand soaps, and other consumer goods. Overall, the Blow Molding Machinery Market is expected to continue its growth trajectory due to the increasing demand for sustainable and cost-effective packaging solutions.

Market Research Overview

The Blow Molding Machinery Market encompasses a wide range of applications in various industries, including cosmetics, industrial packaging, automotive, electronics, and consumer goods. This market caters to the production of plastic products in the form of tanks, pipes, construction parts, enclosures, cases, plastic housings, electronics parts, interior trims, air ducts, fuel tanks, automotive parts, and more. The cosmetics sector is a significant consumer of blow molding machinery for producing bottles and jars for various household products and personal care items. However, there is a growing trend towards sustainable packaging solutions, with an emphasis on biodegradable options and paper-based alternatives. In the industrial sector, blow molding machinery is used for producing large-scale plastic products such as tanks, pipes, and construction parts. Polystyrene (PS) and Polybutylene Terephthalate (PBT) are commonly used materials for industrial applications due to their high product strength and complexity in shapes. The packaging sector is another major consumer of blow molding machinery, with a focus on high production efficiency, precision, and cost-effectiveness. PET, PVC, PP, PE, and other materials are used for producing various packaging components, such as bottles, plastic tubes, and containers, for the food and beverages industry, pharmaceuticals industry, and consumer goods sector. Advancements in blow molding technology include the use of recycled materials, energy-saving features, advanced control systems, and automation. The market also offers flexibility and customization options for various industries and applications, from small businesses to large-scale production. Injection stretch blow molding technology, extrusion blow molding, and rotomolding machines are some of the popular types of blow molding machinery used in various industries. The market is expected to grow further due to the increasing demand for lightweight and recyclable packaging, eco-friendly practices, and innovative packaging solutions.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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