Sarasota, FL -- (SBWIRE) -- 10/25/2018 -- Global PET Blow Moulder Market: Overview

Blow moulding is a process that involves inflation of a hollow, hot, thermoplastic parison or preform within a closed mold, so that its shape adapts the form of the mold cavity. This process is generally used to manufacture plastic and glass bottles apart from other food containers. The popularity of the global PET blow moulder market is due to the growing consumption rates of packaged foods and beverages across the world. Thus, the food and beverage industry is increasing its use of PET blow moulders to meet this growing demand.

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Global PET Blow Moulder Market: Growth Factors

The major growth drivers in the global PET blow moulder market are the rising number of bottled consumer products and significant developments in the packaging industry. Increasing demand for convenient food packaging and the rise in the consumers' beverage consumption rates are anticipated to fuel the growth of the market for PET blow moulder. Injection blow moulding machines are expected to gain popularity in the upcoming years, due to their beneficial characteristics, such as faster rate of moulding with less labor needs and less scraps.

Increase in the taxes levied and strict governmental policies for banning plastic bags are some factors that might hamper the expansion of the global market for PET blow moulder.

Global PET Blow Moulder Market: Segmentation

The global PET blow moulder market can be divided based on machine type, technology, and end-users. On the basis of machine type, the market for PET blow moulder can be segmented into automatic, semi-automatic, and manual. Based on technology, the PET blow moulder market can be classified into stretch blow moulding machine, injection blow moulding machine, and extrusion blow moulding machine. On the basis of end-users, the market for PET blow moulder can be fragmented into personal care, pharmaceuticals, and food and beverages, among others. The food and beverage segment is expected to dominate the PET blow moulder market, due to the rise in the consumption of packaged foods and beverages.

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Global PET Blow Moulder Market: Regional Analysis

Based on regions, the global market for PET blow moulder can be divided into five main regions: North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. The North American region is anticipated to dominate the global market for PET blow moulder in the upcoming years. This is due to the growing consumption rate of canned foods and beverages across the region. In Asia Pacific region, in the developing countries, like India and China, expansion of the personal care and pharmaceutical industries is fuelling the demand for PET blow moulder market. Thus, this region is projected to hold a substantial share in this market in future.

Global PET Blow Moulder Market: Competitive Players

The key market players of the global market for PET blow moulder include ASB International, Aoki Technical Laboratory, Milacron Holdings, R&B Plastics Machinery, Guangzhou Tech-Long Packaging Machinery, Sacmi Imola, Zhejiang Huangyan Lingma Plastic Machinery, W. Amsler Equipment, KENPLAS Industry, SMI, Nissei ASB Machine, SMF Germany, Sidel, Quinko Fujian Machinery Industrial, Sipa, Jomar Group, Bekum America Corporation, KHS GmbH, Pet All Manufacturing, and Krones AG, among several others.

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Global PET Blow Moulder Market: Regional Segment Analysis

North America
The U.S.
Europe
The UK
France
Germany
The Asia Pacific
China
Japan
India
Latin America
Brazil
The Middle East and Africa