As per this study the Global Stretch Blow Molding Machine Market was valued USD XX MN (by revenue) in 2021 and is anticipated to reach USD XX MN by 2027 with a CAGR of XX%.
Stretch blow molding is the popular procedure carried out for manufacturing glass and plastic bottles. The stretch blow molding machines manufacture bottles by injecting melted material into molding perform, which is preheated and stretched in an axial direction and later is blow down to achieve final shape and size.
Growing demand of plastic bottles from pharmaceutical, food and beverage, and personal care industry is driving the market growth. Rise in per capita income, changing preference towards ready made juices, squashes, smoothies owing to busier lifestyles is also pushing the demand for disposable and reusable bottles. This is contributing the market growth. In addition to this, increasing the focus of the key players towards lightweight packaging is expected to witness tremendous market growth in the forecasting period.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of stretch blow molding machine.
The broad stretch blow molding machine market has been sub-grouped into product and application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
- Automatic Type
- Non-Automatic Type
- Food & Beverage
- Personal Care Industry
- Pharmaceutical Industry
Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for stretch blow molding machine in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Stretch Blow Molding Machine Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the stretch blow molding machine market include AOKI, CHIA MING MACHINERY, Chumpower, Eceng Machine, Guangzhou Tech-Long Packaging Machinery, KHS, Krones, Leshan, Nissei ASB Machine, Parker, Powerjet, SIDEL, Sipa, SMF, Urola and ZQ Machinery among others. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.