Published Date : Jul 04, 2018
Albany, New York, July 4, 2018 – Rise in preference among the consumer for bottled water is anticipated to surge the demand for blowing machine market. But, on the flipside, the global bottle blowing machine market is likely to witness a hindrance in its future growth due to strict government laws in various nations. According to a recently published report by marketresearchreports.biz titled, “Bottle Blowing Machine Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025.” Large, uncontrollable and unprocessed waste produced because of the plastic on a worldwide level is pressurizing the governments to stop or scrutinize the production and sale of bottles. Additionally, bottle blowing machines suit perfectly for manufacturers with high yield. Nevertheless, expenses prices of bottle blowing machines seem to very high for regional and small manufacturers. This is another factor which is expected to hamper the overall the market growth in the coming years during 2017 to 2025factor will significantly limit market growth by 2025 end.
Based on technology type, the global bottle blowing machine market is categorized into injection blowing machine, extrusion blowing machine, and injection stretch blowing machine. Among these, the injection blowing machine segment held the biggest market share back in 2016, due to global adoption of the injection blowing technology in developed nations.
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As per the machine type, the global bottle blowing machine market is divided between semi-automatic and automatic machine. Out of these, the semi-automatic machine segment is foreseen to lead a sluggish growth with a slow CAGR of 2.3% within the forecast period from 2017 to 2025, with market shares declining in upcoming years. The decline is credited to inconvenience related to operation of the machine as it demands manual control.
Based on end-use industry, global bottle blowing machine market is classified into industries which manufacture pharmaceuticals, household, food & beverages, cosmetics & personal care, and others. Out of these end-use sectors, food & beverage industry accounted for a maximum share of maximum with respect to value in year 2017.
Geographically, Europe and North America, combined together held around half of the market share in year 2017. As a result of this, it rises the demand of bottle blowing machines all over the world. Besides this, Asia Pacific region accounted for the second-largest market in the bottle blowing machine market in forthcoming years. This is due to rise in investment by European firms into Asia Pacific market. Some of the dominating firms in the bottle blowing machine market are Sacmi Imola S.C, Krones AG, Nissei ASB Machine Co., Ltd., Aoki Technical Laboratory, Inc., Chumpower Machinery Corp, KHS GmbH, Zhejiang East Zhouqiang Plastic & Mould Industry Co. Ltd., Guangzhou Tech-Long Packaging Machinery Co., Ltd, Sidel, and SMI S.p.A., and so on.
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