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Stretch Blow Molding Machines Market By Types (Single-step and Two Steps), By End Users (Beverage Industry, Pharmaceuticals, Food Industry, Personal Care, and Others) – Growth, Future Prospects and Competitive Analysis, 2019 - 2027

Rapidly Growing Plastic Bottles Industry to Ensure Rapid Growth for the Stretch Blow Molding Machines Market

Globally, the stretch blow molding machines market is expected to grow at a CAGR of 2.8% during the forecast period from 2019 to 2027, starting from US$755.6 million in 2018. The stretch blow molding machines are used for the production of containers and plastic bottles. At present, these machines are specially used in the manufacturing of soda bottles. These machines enable reliable manufacturing processes, including bottle design, bottle molds, air preparation, and others.

The rapidly growing plastic bottle industry is the primary factor that drives the growth of the stretch blow molding machine market. The demand for plastic bottles is growing rapidly across numerous industry verticals. The trends and opportunities in the plastic bottle industry are changing rapidly.

Additionally, the growing demand for plastic bottles in the beverage industry is anticipated to escalate the growth of stretch blow molding machines worldwide. The benefits offered by the sketch blow molding machines are contributing to the growth of the market for stretch blow molding machines ding machines worldwide. The benefits offered by the sketch blow molding machines are contributing to the growth of the market for stretch blow molding machines.

On the other hand, the regulation regarding the use of plastic bottles is expected to hamper the growth of the market. Furthermore, the integration of advanced technologies with stretch blow molding machines is projected to create numerous growth opportunities in the near future.

Market Synopsis

Stretch Blow Molding Machines with the Beverage Industry in Their End Use Segment Continue Dominating the Market

In 2018, the overall market for stretch blow molding machines was led by the beverage industry, which contributed over 36% of the global market revenue. The stretch blow molding machines are specially used in the beverage industry for numerous beverage packages. Additionally, the growing demand for stretch blow molding machines in the personal care and cosmetic industries is anticipated to fuel the growth of the market.

Moreover, based on type, the global market for stretch blow molding machines is bifurcated into single-step and two-step machines. Among these types, single-step stretch blow molding machines dominate the market.

North America Dominates the Market by Region

The global stretch blow molding machines market is anticipated to be dominated by North America, with the largest market share. The U.S. is expected to have the largest market share of more than 85% in North America, followed by Canada, owing to the high preference for stretch blow molding machines by end-use industries. The rapid innovation in blow molding machines is favoring the market growth in North America.

However, Asia Pacific is projected to be the fastest-growing region in the stretch blow molding machines market owing to the increasing investments in the advancements of manufacturing and design machinery and the growing demand for highly effective stretch blow molding machines among the various end-use industries.

Some of the prominent players operating in the stretch blow molding machines market include Xaar plc., Mimaki Europe B.V., Koenig & Bauer Kammann GmbH, Roland DG Corporation, O.M.S.O. SpA, Xerox Corporation, INX International Ink Co., Engineered Printing Solutions, Inc., Velox Ltd., Tonejet Limited, Inc., Isimat GmbH Siebdruckmaschinen, Epson America, Inc., Roland DG Corporation, and others.

Historical and Forecast Period

This research report presents the analysis of each segment from 2017 to 2027,considering 2018as the base year for the research. The compound annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2019 to 2027.

Report Scope by Segments

The stretch blow molding machines market report provides market size and estimates based on market dynamics and key trends observed in the industry. The report provides a holistic view of the global market for stretch blow molding machines based on types and end users. Key segments covered in the report are as follows:

Key questions are answered in this report.

  • What was the market size of stretch blow molding machines in 2018, and what is the forecast up to 2027?
  • Which is the largest regional market for personal care applications?
  • What are the major trends followed in the stretch blow molding machine market across different regions?
  • Who are the key stretch blow molding machine companies leading the market?
  • What are the key strategies adopted by the leading stretch blow molding machine companies in the market?

Unique data points of this report

  • Statistics on stretch blow molding machine penetration and spending worldwide
  • Recent trends across different regions in terms of the adoption of stretch blow molding machines for various end users
  • Notable developments are going on in the magnetic sensor market.
  • Attractive investment propositions for segments as well as geography
  • Comparative scenario for all the segments for years 2018 (actual) and 2027 (forecast)

Frequently Asked Question:

The market for Stretch Blow Molding Machines Market is expected to reach USD$ 755.6 Mn in 2027.

The Stretch Blow Molding Machines Market is expected to see significant CAGR growth over the coming years, at 2.8%.

The report is forecasted from 2019 -2027.

The base year of this report is 2018.

Mimaki Europe B.V., Koenig & Bauer Kammann GmbH, Roland DG Corporation, O.M.S.O. SpA . are some of the major players in the global market.

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Trusted By
Godaddy
Published Date:  Sep 2019
Category:  Automation & Process Control
Report ID:   59882
Report Format:   PDF
Pages:   120
Rating:    4.4 (49)
Delivery Time: 24 Hours to 48 Hours   
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