Stretch Blow Molding Machine Market

Stretch Blow Molding Machines Market: Two-step Stretch Blow Molding Machines to Dominate Owing to High Output Capabilities: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2027

  • 2018-11-21
  • REP-GB-4450
  • 136 pages
  • PDF PPT EXCEL
Stretch Blow Molding Machine Market

An Incisive, In-depth Analysis on the Stretch Blow Molding Machine Market

This study offers a comprehensive, 360 degree analysis on the Stretch Blow Molding Machine market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Stretch Blow Molding Machine market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.

Stretch Blow Molding Machines Market Analysis: The two-step stretch blow molding machines segment to dominate due to high output capabilities

The global stretch blow molding machines market is anticipated to be valued nearly US$ 752 Mn in 2018 and is projected to expand at a CAGR of 3.0%, during the forecast period (2018 - 2027).

Bottles and containers can be manufactured using single-step and two-step stretch blow molding machines. Single-step stretch blow molding machines take preform through three phases: injection molding, reheating of the preform, and stretch blow molding. Two-step stretch blow molding machines create the mold on one machine and then transfer it to the second machine, where it is reheated. Stretch blow molding machines consist of a stretch shaft, heating tubes, mold cavities, and feed lines. The stretch blow molding machines market has expanded due to the increasing use of bottled water and plastic containers.

Manufacturers also offer molds and other parts of molding machines. Stretch blow molding machines are mainly used to manufacture PET containers, preferred by brand owners and consumers. Some manufacturers are replacing stretch blow molding machines with blow-fill-seal equipment and other blower machines to manufacture bottles and containers. The significant change in the shape and size of the container affects the tooling requirement of stretch blow molding machines. Molds and feed lines need to be arranged in an appropriate manner, well-suited for the finished container. The stretch blow molding machines market is expected to experience significant growth in the upcoming years due to consumer convenience & packaging efficiency. Key players are producing stretch blow molding machines compatible with various end use needs such as the ability to manufacture products withstanding high temperature or pasteurization process and self-collapsible containers.

Shift in Preference from Glass to Plastic

The beverage packaging industry has been projected to expand at a CAGR of 4.1%, during the forecast period. Globally, the demand for glass bottles is decreasing due to their high cost and fragile properties. Approximately 70% of the soft drinks are packaged in PET bottles, growing the stretch blow molding machines market. More and more brand owners prefer PET bottles over glass packaging to pack their products and ensure easy and safe transportation to longer distances.

Manufacturers are focusing on lightweight packaging, which is, in turn, boosting the global demand for stretch blow molding machines. The increasing consumer preference towards bottled water is creating a demand for stretch blow molding machines. Approximately, 600 billion units of bottles are manufactured globally to meet this demand.

Classification of the Stretch Blow Molding Machines Market

The stretch blow molding machines market is segmented as per technology type, orientation type, and end use. On the basis of technology type, the global stretch blow molding machines market is categorized as single-step and two-step. On the basis of orientation type, the global stretch blow molding machines market is categorized as rotary and linear type machines. On the basis of end use, the global stretch blow molding machines market is categorized as food, beverages, pharmaceuticals, consumer goods, personal care, and cosmetics. Stretching and blowing of the container is done after heat treatment of preform. The stretch blow molding machines market is estimated to expand, as the manufacturers are increasing their investments in the design and development of highly efficient stretch blow molding machines.

Stretch Blow Molding Machines Market: Key Developments

  • Manufacturers in the stretch blow molding machines market are investing in mergers and acquisitions. For instance, in September 2018, Krones AG acquired the business operations and assets of Shanghai Xian tong Equipment Installation.

  • Manufacturers of stretch blow molding machines are focusing on product launches with technical innovations followed by integrated tools within the machines. Recently, KHS GmbH launched new series of ‘KHS InnoPET Blowmax series V, which is a stretch blow molder/filler and can manufacture 90,000 PET bottles per hour.

The rotary segment in the stretch blow molding machines market is expected to expand at a CAGR of 2.3% during 2018-2027 and is estimated to have 62.6% market value share in 2018. The stretch blow molding machines market in the Asia Pacific region is expected to account for 39.3% market share in 2022. The single-step stretch blow molding machines segment is anticipated to be valued at US$ 91.9 Million by the end of the forecast period. The food & beverages segment in step-stretch blow molding machines market is estimated to have a market value share of 47.3% in 2018. The stretch blow molding machines market is expected to expand at CAGR of 3.6% during 2018-2027.

Stretch Blow Molding Machines Market: Competitive Landscape

Krones AG, SMI S.p.A., Nissei ASB Machine Co. Ltd., Sacmi Imola S.C., KHS GmbH, Sidel, PARKER PLASTIC MACHINERY CO., LTD., KEENPRO INDUSTRY CORP., KENPLAS Industry Ltd., CHUMPOWER MACHINERY CORP, SMI S.p.A., Aoki Technical Laboratory, Inc., Zhejiang Huangyan Lingma Plastic Machinery Co., Ltd., SIPA S.p.A., Demark Holding Group, and Golfang Mfg. & Development Co., LTD.

In this report, Future Market Insights (FMI) offers a 10-year forecast of the global stretch blow molding machines market between 2018 and 2027. In terms of value, the stretch blow molding machines market is expected to expand at a CAGR of 3.0% during the forecast period. The study reveals the dynamics of the stretch blow molding machines market in six geographic regions along with an analysis for the current market environment and future scenario during the forecast period.

Report Description

This Future Market Insights report studies the global stretch blow molding machines market for the period 2018–2027. The prime objective of this report is to offer insights and key market trends pertaining to the global stretch blow molding machines market that are gradually helping transform global businesses.

The market numbers have been assessed on the basis of consumption and weighted average pricing of stretch blow molding machines on the basis of sealant material type. The global stretch blow molding machines market report begins with the executive summary for various categories and their share in the stretch blow molding machines market. It is followed by the dynamics of the stretch blow molding machines market and an overview of the global stretch blow molding machines market, which includes FMI analysis of market drivers, restraints, and trends that are affecting growth of the stretch blow molding machines market.

The global stretch blow molding machines market is segmented as per technology type, orientation type and end use. On the basis of technology type, the global stretch blow molding machines market is segmented as single step and two step. On the basis of orientation type, global stretch blow molding machines market is segmented as rotary and linear stretch blow molding machines. On the basis of end use, the global stretch blow molding machines market is segmented as food, beverages, pharmaceuticals, cosmetics & personal care, and consumer goods.

The next section of the report highlights the stretch blow molding machines market, by region, and provides the market outlook for 2018 – 2027. The study investigates the Y-o-Y growth regionally. The main regions assessed in this report include North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding Japan, the Middle East & Africa (MEA), and Japan. The report evaluates the present scenario and growth prospects of the regional stretch blow molding machines market for 2018 – 2028.

To ascertain the size of the stretch blow molding machines market in terms of value and volume, revenue generated by the key manufacturers and their respective production capacity is taken into consideration. The forecast presented here assesses the total revenue generated by value, across the stretch blow molding machines market. In order to provide an accurate forecast, we initiated by sizing up the current market, which forms the basis on how the stretch blow molding machines market is expected to develop in the future. Given the characteristics of the stretch blow molding machines market, we triangulated the outcome on the basis of three different types of analysis - based on supply side, downstream industry demand, and the economic envelope. Additionally, it is imperative to note that in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR, but also analyse the stretch blow molding machines market based on key parameters, such as year-on-year (Y-o-Y) growth rates, to understand the predictability of the stretch blow molding machines market and identify the right opportunities across the market.

The detailed level of information is important for identifying various key trends in the stretch blow molding machines market. Another key feature of this report is the analysis of key segments of stretch blow molding machines market in terms of absolute dollar opportunity.

To understand the key growth segments in terms of growth and adoption for stretch blow molding machines globally, Future Market Insights developed the stretch blow molding machines market ‘Attractiveness Index.’ The resulting index should help providers identify real market opportunities.

In the final section of the report on stretch blow molding machines market, the ‘dashboard view’ of the companies is provided to compare the current industrial scenario and their contribution in total stretch blow molding machines market. Moreover, it is primarily designed to provide clients with an objective and detailed comparative assessment of key providers specific to a market segment. Report audiences can gain segment-specific manufacturer insights to identify and evaluate key competitors based on the in-depth assessment of their capabilities and success in the stretch blow molding machines marketplace.

Stretch Blow Molding Machine Market Reports - Table of Contents

Get in touch

Akshay Godge

Akshay Godge

Client Partner - Global Business Development

Pranay Mhaisekar

Pranay Mhaisekar

Business Development

* indicates mandatory fields.

CASE STUDIES

See how our work makes an impact.

At FMI, we design strategies that are adaptive, impactful, and implementable.

Request Sample Ask An Analyst Request Special Price Request Methodology