Stretch Blow Molding Machine Market to Garner USD 1266.54 million by 2030, Size, Share, Trends, Future Demand and Revenue Outlook

 


Market Analysis and Insights of Global stretch blow molding machine Market

Data Bridge Market Research analyses that the stretch blow molding machine market was valued at USD 939.81 million in 2022 and is expected to reach USD 1266.54 million by 2030, registering a CAGR of 3.80% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.    

Stretch blow molding is a manufacturing technique that works well for a variety of applications in a wide range of business sectors. The stretch blow molding is an engineering process which is used to create hollow plastic bottles used for juice and water. Stretch blow molding machine is used in the manufacturing of bottles and jars among other types of containers. This machine stretches and molds molten plastic into the appropriate container shape. This machine is widely used to manufacture containers for the packaging, transportation, building and construction, electrical and electronic, and other industries.

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Market Scope and Global stretch blow molding machine Market

The major players covered in the stretch blow molding machine market report are Krones AG, SMI S.p.A., NISSEI ASB MACHINE CO.,LTD., Sacmi Imola S.C., KHS Group, Sidel, PARKER PLASTIC MACHINERY CO., LTD, KEENPRO INDUSTRY CORP., Kenplas Industry Ltd., CHUMPOWER MACHINERY CORPORATION., Aoki Technical Laboratory, Inc., S.I.P.A. S.p.A, grams (changxing) injection molding systems co., LTD., GOLFANG Mfg. & Development Co., Ltd., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

Global Stretch Blow Molding Machine Market Scope

The stretch blow molding machine market is segmented on the basis of raw material, technology type, product type, orientation type and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Raw Material

  • Polyethylene
  • Polyethylene Terephthalate
  • Polypropylene
  • Polyvinyl Chloride
  • Polystyrene
  • Others

 Technology Type

  • Single Step
  • Two Step

Product Type

  • Automatic Type
  • Semi-Automatic Type

 Orientation Type

  • Rotary Stretch Blow Molding Machines
  • Linear Stretch Blow Molding Machines

End-Use

  • Packaging
  • Transportation
  • Building and Construction
  • Electrical and Electronic
  • Others

 Complete Report Details with Facts and Figures along respective Images and Graphs (TOC) @ https://www.databridgemarketresearch.com/toc/?dbmr=global-stretch-blow-molding-machine-market

Global Stretch Blow Molding Machine Market Dynamics

Drivers

  • Increasing demand of stretch blow molding in numerous sector

The growth and expansion of many industries involved in packaging products such as medicine and food and beverages has contributed to the growth of the packaging sector. As a result of this, there is an increase in the demand for the stretch molding machine for manufacturing tubes, bottles and other packaging products. Thus, the growing demand for stretch blow molding in numerous industries is anticipated to drive the market's growth rate.

  • Increasing introduction of new products

Established stretch blow moulding machine market players are concentrating on introducing new products and next-generation models to take advantage of the current prospects. For instance, W.Amsler announced the introduction of L42X, a new four-cavity, all-electric reheat stretch blow moulder, in 2018. L42X can produce containers with a maximum capacity of 2 litres using four cavities and up to 5 litres using two cavities. This new product launch will drive the growth of the stretch blow molding machine market.  

Opportunities

  • Surging product innovation

The growing awareness regarding the negative effects of alcohol usage and the increasing prevalence of liver illnesses, consumer demand for juices, soft drinks, flavoured waters, and other beverages has significantly increased the demand for the stretch blow molding machine and create lucrative opportunities for the growth of the market across the world. Leading stretch blow moulding machines market companies in Germany are progressively concentrating on launching goods with large production capacities in order to assist non-alcoholic beverage producers meet the spike in demand. For instance, KHS, a German producer of packaging equipment, declared the introduction of its new stretch blow moulder, InnoPET Blomax Series V, in 2018. This machine can create up to 90,000 PET bottles per hour, ranging in capacity from 0.2 to 3 litres. Through 2022, it is predicted that these advancements will help Europe capture about 17.3% of the global market share.

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