PET Blow Moulder Market

GMI Research analysis indicates that the Pet Blow Moulder Market is slated to register a CAGR of 4.3% over the period, 2022-2029.

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Market Dynamic

Key Drivers and Emerging Trends

The PET blow moulder market is expected to grow at a prominent rate over the forecast period primarily due to the rising development of PET bottles coupled with the increasing demand of versatile, safe, & spill-proof packaging solutions. In addition, the increasing application of PET blow moulders from food and beverages to pharmaceuticals, personal care and other end-use industries for making soda bottles, skin lotion containers, household cleaner containers, packaged detergent, and various other products is further expected to contribute to the PET blow moulder market size growth.

Moreover, Polyethylene Terephthalate (PET) is highly used for manufacturing drinks bottles owing to its lightweight, safety, and fully recyclable properties. According to Plastic Oceans International, packaging is one of the largest end-use market segment accounting for over 40% of total plastic usage. The rising demand for bottled water across the globe has further increased the overall demand for PET bottles, this has enabled growth in the market for PET stretch blow moulder market share over the forecast period.

Restraint in the PET Blow Moulder Market

However, the high installation and maintenance cost of PET blow moulding machines is expected to be one of the major restraining factors for the growth of the market. Moreover, the increasing stringent policies pertaining the banning of plastic may hamper the growth of the PET blow moulder market.

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Machine – Segment Analysis

Based on the machine, the automatic PET blow moulder is expected to grow at a significant rate over the forecast period. This is primarily due to its extensively use in industries for manufacturing plastic bottles, jars, mineral water bottles, mineral water jars, and others. Additionally, automatic PET blow moulding machine offer fully automated one-step moulding process with high performance, low maintenance and smooth operation. This further accelerates the market growth.

Technology – Segment Analysis

Based on the technology, stretch PET blow moulding is expected to account for a prominent share in the market primarily due to the biaxial stretching of plastic material, which increases the tensile strength, barrier properties, drop impact, and reduce overall weight of the container. Widespread use of stretch blow moulding for manufacturing bottles commonly used for water, juice, dairy, coffee, alcoholic drinks and other liquid items is expected to support the market growth.

 End-Use Industry – Segment Analysis

Based on end-use industry, food and beverage industry is expected to hold a major share in the market. This is primarily due to the increasing consumer demand for uniquely shaped plastic bottles and containers; requirement for superior quality finished packaging products in the food industry; and increasing need for light weight bottles with ease in handling. In addition, PET blow moulded bottles provide comfort while pouring liquid products and protect their quality and taste owing to which they are highly used in making beverage container for milk, yogurt, water, and juices.

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Regional – Segment Analysis:

North America is expected to account for a high market share during the forecast period. This can be attributed to the growing end-use industries including pharmaceutical, healthcare, and cosmetics in U.S. and Canada. The rising demand for effective and safe packaging of beverage products is further expected to support the market demand.

Top Market Players

Several leading PET Blow Moulder companies operating in the market, include, Pretium Packaging, PET Technologies Group, Pet All Manufacturing Inc., R&B Plastics Machinery, LLC, Sipa. S.p.A., Nissei Asb Machine Co., Ltd., Jomar Corporation, Custom-Pak Inc., TechLong International Inc., and KHS Group among others. 

Key Developments: 

• • In 2021, PET Technologies introduced a new generation of flexible PET stretch blow moulding machines, part of the APF-Max blow moulder. The APF-Max blow moulder is equipped with the special short-wave near infrared heating system (NIR) that helps in reducing energy consumption of blow moulder.
  • In 2020, Pretium Packaging, a US-based manufacturer of plastic containers and closures, made an investment of $5 million in the polyethylene terephthalate (PET) expansion project. The investment was utilised for purchasing new stretch-blow moulding equipment and infrastructure across six of its 19 manufacturing locations.

Segments covered in the Report:

The global PET Blow Moulder market has been segmented on the basis of machine, technology, end-use industry, and key regions. Based on machine, the market is segmented into Automatic PET Blow Moulder, Semi-Automatic PET Blow Moulder, and Manual PET Blow Moulder. Based on technology, the market is segmented into extrusion, injection, and stretch. Based on the End-Use Industry, the market is segmented into food & beverages, pharmaceuticals, personal care, and others. 

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Key questions answered in this research report:

• • At what pace is global PET Blow Moulders market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in PET Blow Moulder Market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global PET Blow Moulder Market?
  • Which machine generated maximum revenues in 2021 and identify the most promising machine during the forecast period?
  • What are the various end-use industries of global PET Blow Moulder Market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Market Segmentation

Global PET Blow Moulder Market by Machine

• • Automatic PET Blow Moulder
  • Semi-Automatic PET Blow Moulder
  • Manual PET Blow Moulder

Global PET Blow Moulder Market by Technology

• • Extrusion
  • Injection
  • Stretch

Global PET Blow Moulder Market by End-Use Industry

• • Food & Beverages
  • Pharmaceuticals
  • Personal Care
  • Others

Global PET Blow Moulder Market by Region

• • North America PET Blow Moulder Market (Option 1: As a part of the free 25% customization)
    • By Machine
    • By Technology
    • By End-Use Industry
    • US Market All-Up
    • Canada Market All-Up
  • Europe PET Blow Moulder Market (Option 2: As a part of the free 25% customization)
    • By Machine
    • By Technology
    • By End-Use Industry
    • UK Market All-Up
    • Germany Market All-Up
    • France Market All-Up
    • Spain Market All-Up
    • Rest of Europe Market All-Up
  • Asia-Pacific PET Blow Moulder Market (Option 3: As a part of the free 25% customization)
    • By Machine
    • By Technology
    • By End-Use Industry
    • China Market All-Up
    • India Market All-Up
    • Japan Market All-Up
    • Rest of APAC Market All-Up
  • RoW PET Blow Moulder Market (Option 4: As a part of the free 25% customization)
    • By Machine
    • By Technology
    • By End-Use Industry
    • Brazil Market All-Up
    • South Africa Market All-Up
    • Saudi Arabia Market All-Up
    • UAE Market All-Up
    • Rest of world (remaining countries of the LAMEA region) All-Up

Major Players Operating in the PET Blow Moulder Market (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Pretium Packaging
  • PET Technologies Group
  • Pet All Manufacturing Inc.
  • R&B Plastics Machinery, LLC
  • S.p.A
  • NISSEI ASB MACHINE CO., LTD
  • Jomar Corporation
  • Custom-Pak Inc.
  • TechLong International Inc.
  • KHS Group