The global bottle blowing machine market was valued at US$ 1.907 Bn in 2016 and is expected to expand at a CAGR of 3.0%, during 2017-2025. The global market volume for bottle blowing machine is expected to expand 1.2x during the forecast period. Transparency Market Research, in its recently published report titled, “Bottle Blowing Machine Market: Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2017-2025,” has segmented the global bottle blowing machine market by machine type, product type, end use industry, and geographic region.
Injection blowing machine leads by technology type
On the basis of technology type, the global bottle blowing machine market is segmented into extrusion blowing machine, injection blowing machine, and injection stretch blowing machine. Injection blowing machine segment accounted for the largest market share of 43% in 2016 among the technology type segment, owing to widespread adoption of the injection blowing technology in developed countries. Injection stretch blowing technology, which is specifically used in production of PET bottles, it represents a passively growing segment. This segment is expected to witness a sluggish CAGR of 3.4% during 2017-2025. Extrusion blowing technology segment covered over 27% market share in 2017 and will reportedly expand at a declining CAGR of 2.5% over the forecast period.
Based on machine type, the global bottle blowing machine market is classified as automatic and semi-automatic machine. Automatic machine segment, CAGR of 3.2 % during 2017-2025. On flipside, semi-automatic machine segment is expected to expand at a much lower CAGR of 2.3% over the assessment period, with a ceasing market value share over the time. This decline is attributed to the inconvenience associated with operation of this machine, as it compels manual control.
According to material type, the global bottle blowing machine market is categorized into polyethylene (PE), polyethylene terephthalate (PET), polyvinyl chloride (PVC), and others. Polyethylene terephthalate (PET) segment is estimated to account for the largest market share in this segment, owing to superior properties of polyethylene terephthalate (PET) such as flexibility, durability, and reliability. This segment registered a major market value share of over 57% in 2017.
In terms of end-use industry, global bottle blowing machine market is segmented into key industries that the bottle blowing machine companies serve - food & beverages, pharmaceuticals, cosmetics & personal care, household, and others. Among these end-use domains, food & beverage industry registered a share of 59.6 % in terms of value in 2017. Pharmaceutical industry is expected to expand at the CAGR of 2.7% through to 2025.
Geographically, the global bottle blowing machine market is segmented geographically into 5 key regions including North America, Latin America, Asia Pacific (APAC), Europe, and Middle East & Africa (MEA). North America and Europe, together account for nearly 50% of market share in 2017. This factor increases the demand of bottle blowing machines globally. Latin American market for bottle blowing machine is expected to reach US$ 258.1 Mn in 2025, with a sluggish CAGR of 3.0% over 2017-2025. Asia Pacific is expected to expand at the CAGR of 4.6% during 2017-2025 due to increasing investment of European companies in Asia Pacific region. According to the global bottle blowing machine market report, China was the largest importer of plastic bottles in 2017 and will possibly retain the top importer position in near future as well. In Middle Eastern & African region, manufacturers are majorly importing packaging machineries from Europe, Asia Pacific, and North America.
The report provides detailed competitive analysis that includes detailed company profiles of key participants operating in the global bottle blowing machine market. Some of the leading players are Krones AG, Sacmi Imola S.C, Nissei ASB Machine Co., Ltd., Chumpower Machinery Corp, Aoki Technical Laboratory, Inc., KHS GmbH, Sidel, Guangzhou Tech-Long Packaging Machinery Co., Ltd, SMI S.p.A., and Zhejiang East Zhouqiang Plastic & Mould Industry Co. Ltd. Etc.
Transparency Market Research examines the global bottle blowing machine market during the forecast period 2017-2025. The primary objective of the report is to identify opportunities in the market and present updates as well as insights pertaining to various segments of the global bottle blowing machines market. The report begins with an overview of the global bottle blowing machines market, evaluating market performance in terms of revenue, followed by detailed analysis of key trends, drivers, restraints, and opportunities. To compute the market size, in-depth secondary research has been performed. Data points such as regional splits and market split by technology type, machine type, material type, and end use industry have been assimilated to arrive at the market estimates.
The report triangulates the data via different analysis based on supply side, demand side, as well as dynamics of bottle blowing machine market. Market numbers have been estimated based on extensive primary and secondary research, average pricing trends, regional pricing trends. Market size and forecast for each segment have been provided in the context of global and regional markets. The bottle blowing machine market has been analyzed based on expected demand. Prices considered for the calculation of revenue are average regional prices obtained through primary quotes from numerous regional manufacturers, suppliers, and distributors.
All key end users have been considered and potential applications have been estimated on the basis of secondary sources and feedback from primary respondents. Country demand patterns have been considered while estimating the market for various end users of bottle blowing machine in the different regions. Bottom-up approach has been used to estimate the bottle blowing machine market by regions. Global market numbers by technology type, by material type, by machine type, and by end use industry have been derived using the bottom-up approach, which is cumulative of each country’s demand. The same has also been validated from top-down approach. Company-level market share has been derived on the basis of revenues reported by key manufacturers. The market has been forecast based on constant currency rates.
Transparency Market Research has not only conducted forecasts in terms of value but also evaluated the market on the basis of essential parameters, such as Year-on-Year (Y-o-Y) growth. This helps providers to recognize the future opportunities as well predictability of the market. The report analyzes the global bottle blowing machines packaging market in terms of value (US$ Mn) and volume (Units).
Bottle blowing machine market segmentation is below
By Technology Type
- Extrusion Blowing Machine
- Injection Blowing Machine
- Injection Stretch Blowing Machine
By Machine Type
- Automatic Machine
- Semi-automatic Machine
By Material Type
- Polyethylene (PE)
- Polyethylene terephthalate (PET)
- Polyvinyl chloride (PVC)
By End-use Industry
- Food and Beverages
- Cosmetic & Personal Care
- Consumer Goods
- North America
- Latin America
- Asia Pacific (APAC)
- Middles East and Africa (MEA)
Vital feature of this report is the analysis of the global bottle blowing machines market by technology type, machine type, material type, end use and region and the corresponding revenue forecast in terms of absolute dollar opportunity. This is traditionally overlooked while forecasting the market. However, absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve as well as to provide potential resources from sales perspective of the global bottle blowing machines market.
To understand key segments in terms of their growth and performance in the bottle blowing machines market, Transparency Market Research has developed a market attractive index. The resulting index should help providers identify existing market opportunities in the global bottle blowing machines market. The report includes market share analysis of each segment during 2017-2025. In the final section of the report, bottle blowing machines market competitive landscape has been included to provide a dashboard view of companies that manufacture and provide bottle blowing machines. The report contains company profiles of some of the players in the bottle blowing machines market. The report also includes market share analysis of key players of bottle blowing machines, including Krones AG, Sacmi Imola S.C, Nissei ASB Machine Co., Ltd., Chumpower Machinery Corp, Aoki Technical Laboratory, Inc., KHS GmbH, Sidel, Guangzhou Tech-Long Packaging Machinery Co., Ltd, SMI S.p.A., Zhejiang East Zhouqiang Plastic & Mould Industry Co. Ltd. etc.