Bottle Blowing Machine Market Poised to Grow at a CAGR of 2.90% by 2024

Bottle Blowing Machine Market Poised to Grow at a CAGR of 2.90% by 2024


Infinium Global Research has added a new report on Bottle Blowing Machine Market. The report presents analysis of global as well as regional markets of bottle blowing machine market over the period of 2018 to 2024. Bottle blowing machines is a mechanical equipment used in the process of manufacturing bottles. Bottle Blowing Machine is widely used in beverage, pharmaceutical, cosmetics, food, and chemical industries. Bottle blowing machine creates plastic bottles according to the capacity of the contained liquid. This machine is used in the industrial applications such as mineral water bottles, carbonated beverage bottles, cosmetic bottles, and oil bottles in order to ensure that machine offer optimum performance.

 

The growing food and beverages industry drives the growth of the bottle blowing machine market. Moreover, the demand for packaged drinking water, juices, and milk products are witnessing rapid growth leading to the greater demand for sophisticated bottling solutions. However, huge uncontrollable waste produced due to plastic on a global level is forcing governments to restrict the production and sale of plastic bottles, which can limit the demand for the bottle blowing machines. The bottle-blowing machine manufacturers need to invest in new and efficient recycling technologies readily integrated into the bottle-blowing machine can create sustainable growth opportunities for the bottle blowing machine industry. Furthermore, the combination of plastic recycling which is an efficient and environmentally friendly practice is further anticipated to provide several growth opportunities for the key players in the bottle blowing machines market. On the other hand, bottle blowing machine manufacturers are now focusing on incorporating new technologies into the machine. They are replacing semi-automatic bottle blowing machines with automatic bottle blowing machine that has enhanced features, which further eliminates the possibility of errors caused due to machine inaccuracy.

 

Among the geographies, North America dominated the global bottle blowing machine market. North America and Europe, together account for nearly 50% of market share in the bottle blowing machine market as the majority of the manufacturing companies are in the North American regions. Moreover, the markets in China and India are being heavily invested which may uplift the demand for bottle blowing machines in near future. Moreover, the growth matrix presented by Infinium Global Research identifies the key investment markets in the near future, this will not only help the companies to understand the competitive position in the global bottle blowing machine market but also make strategic decisions to capture the most lucrative markets in the near future. The market size is presented in terms of value for the historic year 2016 and estimated for forecast period of 2018-2024.

 

Get 15% discount for early purchase of global bottle blowing machine market report by clicking the following link, Use code IGRD15 to request the discount in the given form

 

https://www.infiniumglobalresearch.com/reports/request-discount/1821

 

The recent report identified that North America dominated the global bottle blowing machine market over the last couple of years, while emerging markets of Asia-Pacific and Latin America are anticipated to contribute significantly to the growth in the bottle blowing machine market worldwide.

 

The report segments the global bottle blowing machine market on the basis of Machine Type, Technology Type  and End-use.

 

Global Bottle Blowing Machine Market by Machine Type

·         Automatic

·         Semi-automatic

 

Global Bottle Blowing Machine Market by Technology Type 

·         Injection Blowing Machine

·         Extrusion Blowing Machine

·         Injection Stretch Blowing Machine

 

Global Bottle Blowing Machine Market by End-use

·         Food and Beverages

·          Pharmaceuticals

·         Cosmetics and Personal Care

·         Consumer Goods

 

Companies Profiled in the Report

·         KHS GmbH

·         Sidel

·         Aoki Technical Laboratory

·         Chumpower Machinery Corp

·          Nissei ASB Machine Co., Ltd., 

·         Sacmi Imola S.C

·         Krones AG

·         Zhejiang East Zhouqiang Plastic & Mould Industry Co. Ltd. Etc.

·         Guangzhou Tech-Long Packaging Machinery Co., Ltd, SMI S.p.A.,

 

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