Global PET Blow Moulder Market - 2021-2028
PET Blow Moulder Market Overview
Blow molding is a process that involves the inflation of a hollow, hot, thermoplastic parison or performs within a closed mold so that its shape adapts to the form of the mold cavity. This process is generally used to manufacture plastic and glass bottles apart from other food containers. The popularity of the global PET blow molder market is due to the increasing consumption rates of packaged foods & beverages across the world. Thus, the food and beverage industry is raising its PET blow molders to meet this growing demand. While PET is pretty good at self-leveling (the strain-hardening impact that compels initially warmer areas to blow out after more excellent areas have blown), this impact is not significant enough to mask the excess perform heat. A variety of measures have been used over the years with varying success.
Moreover, the production of PET containers needs injection molding of preforms & subsequent stretching and blowing of these into bottles. Both operations can be merged in one machine (the single-stage process) or two (the two-stage process). Both methods have their distinct advantages & disadvantages, and bottle producers & brand owners would be well notified to know those to make the right choice for their products.
Today, more than 80% of all bottles produced are for beverages, and the massive majority of these are made using two-stage technology. It is the remaining 15% to 20% where either process is an option. Tool prices drive many decisions. Buying even a four-cavity single-stage tool can be difficult to justify for volumes of fewer than 2 million/year, which numerous of the custom applications are. There is less capital investment involved to buy preforms and run them on a two-cavity reheat machine. The amount of available preforms has increased dramatically over the last ten years with suppliers spanning the globe because preforms, unlike bottles, are cost-effective to ship.
The global PET blow moulder market is estimated to reach US$ XX million by 2028 from the recorded market size of worth US$ XX million in 2020, growing at a CAGR of XX% during the forecast period (2021-2028).
PET Blow Moulder Market Dynamics
The increasing inclination of consumers towards soft drinks and alcoholic & non-alcoholic beverages is triggering the demand for PET blow moulder in recent times. Growing demand for bottled product creates a strong opportunity for the PET Blow Moulder market growth.
Increasing demand bottled products is expected to significantly increase the market size
The demand for bottled products is significantly rising due to increasing demand for more convenient packaging for food & beverages from young consumers. Moreover, only a few beverages were packed into the bottles, but nowadays, more food products such as pulps, dairy products, sauces, pickles, and other products are now available packed into the bottle form. As a result, companies' product portfolios are growing. Along with that, the product providing packed in bottles is also growing. These factors directly boost the demand for plastic bottles as well as bottle-making machinery. Polyethylene terephthalate (PET) is one of the most popular materials used for plastic beverage containers globally. As a result, PET's market share among non-alcoholic beverage packaging is regularly rising worldwide. By 2030, PET bottles are expected to account for a 55.89% share of the global non-alcoholic beverage industry's packaging.
For instance- Coca-Cola started with one flavored coke, but now there are more than 200 brands of soft drinks served under the umbrella of the same branch globally, so as the flavors and variants of bottled products increase, it ultimately drives the demand for bottle making equipment along with itself.
Growing awareness for material used for packaging is expected to boost the market growth
Growing awareness among consumers has rendered them more concerned about materials used for packaging. Consumers nowadays demand a set of attributes from the products they buy. This includes the look & feel of the product, packaging and value for money spent. Packaging is the key attribute forming a first impression about the product, is of utmost importance and offering a convenient packaging to the client whereas it is also easy to carry, easy to open and most importantly protecting the product. Therefore, such products are trending in the market with flooding demands as they fulfil all the latest consumer demands.
Growing consumption of soft drinks and other bottled alcoholic and non-alcoholic beverages is expected to drive the market growth
The global consumption of soft drinks and other bottled alcoholic and non-alcoholic beverages has distinctly increased in recent years. The growing number of players in the packed beverages market and the rising number of product offerings have resulted in beverages as a part of the modern lifestyle worldwide. Companies that initially started in local markets are now global giants due to increased consumption and demand for consumer beverages in all parts of the earth. As a result, the global soft drinks are expected to generate a revenue of US$ 742,234.8 million in 2021 and are expected to grow at a CAGE of 5.40% during the forecast period.
Quality difficulties, long cycle times and changeover time is expected to hinder the market growth
PET Blow Moulder Market Segment Analysis
By technology, the market is segmented into extrusion, injection and stretch.
PET stretch blow molding machines are designed to produce bottles that are used for soda bottles, water, juices, detergents and many other products. These machines produce bottles by stretching preforms in both the axel direction and hoop direction. PET processing comprises of two stages: forming performs by injection molding and blowing bottles by stretch blow molding. PET stretch blow molding machines are used to produce various bottles that have numerous applications in different industries such as pharmaceuticals, personal care & cosmetics, food & beverages, and many more. Moreover, increasing demand for stretch blow molded products in different industries boost the PET stretch blow molding machines market.
Single Stage Blow Molding Machine
While PET bottle expansion was proceeding in the US, a large company of injection molding machines in Japan led a expect to develop a machine to make biaxially oriented PP containers. They noticed that the prototype machine could be utilized to produce the new PET bottles. All one-stage injection stretches blow molding machines derived from this original Stretch Blow design are referred to as classic one-stage machines, as the concept has long since been extended into other PET developments. The classic one-stage machine design is highly versatile in that the same basic machine design can be used to make a wide variety of bottles and jars in all shapes and sizes.
Two-Stage Blow Molding Machine
In the early advancements, performs were made by continuously extruding a PET tube. To make these reforms, a perform manufacturing machine took a continuously extruded PET tube, heated and closed one end, heated the other and formed a thread finish by blow molding. This method had a more active output rate, at 12000 preforms per hour than the early injection molding routes of 8 and 16 cavity molds. Being extruded, the effects could be multilayered with barrier materials. The system was passed by injection molded performs as the cavitation increased to 32 and beyond. The injection-molded (IM) neck, adding, for instance, vent slots, made the IM finish preferable.
Moreover, IM technology is prepared by more than one company, giving customers more excellent technical and commercial choices. Two-stage technology machines with six blow molds operating at around 4000 bottles per hour. Subsequent mold and cooling development increased the output to 6000 bottles per hour.
PET Blow Moulder Market Geographical Analysis
Based on the geography, the PET blow moulder market is segmented into North America, Europe, South America, Asia-Pacific, and Middle East & Africa. The demand for PET blow moulder in the North American market is expected to remain at the dominant position in sales and value generation due to the growing volume of trade and e-commerce in countries such as the U.S.
North America is expected to hold largest PET blow moulder market share during the forecast period
The U.S. anticipated for a revenue share of a little more than 69.80% in the North American PET blow molder market in 2016 and is expected to gain 110 basis points by 2026. As a result, the U.S. is expected to witness a rapid Y-o-Y growth rate of close to 4% during the forecast period. However, due to the rising demand for PET bottles, manufacturers are trying to get more output by investing less, ultimately affecting bottles' quality. For instance, manufacturers have started utilizing a lesser amount of raw material in the manufacturing process. However, it makes the bottles thinner, which causes the bottles not to bear the force incurred during the quality checking process. Therefore, reducing the quality of bottles manufactured adversely affects the PET blow molder market in the U.S.
APAC and Europe are expected to contribute significant market share for PET blow molding due to the rising customization of bottles. The customized bottle is a trend in the market, which is now flourishing with several brands. Most brands in this region have adopted the trend of customizing their bottles. However, these customized bottles, if dropped, can bend or even break due to acute stretch ratios. This factor is also expected to hinder the market growth in these regions. In addition, PET molding machines are made to manufacture many bottles, i.e., a minimum of 30,000 bottles/hour. Because of the essential quality, these machines are primarily used by manufacturers who generally require large-scale output.
PET Blow Moulder Market Competitive Landscape
The PET blow moulder market is fragmented with the presence of regional and global players. The competitive contour lies with the increase in the regional company and growing investment in upstream application. Pet All Manufacturing Inc., R&B Plastics Machinery LLC, SIPA North America Inc., Nissei asb company, Jomar Corporation, Custom-Pak Inc., Tech-Long Inc., Krones AG, Meccanoplastica Group, KENPLAS Industry Ltd. are the major player in the packaging market. The major players adopt several growth strategies such as product launches, acquisitions, and collaborations, contributing to growing the PET blow moulder market globally.
Pet All Manufacturing Inc.
Overview: Pet All Manufacturing Inc.® provided a broad range of blow molding equipment of extremely high quality to Europe and the Americas. The company blow molding machines are invented and engineered in North America by skilled engineers, then combined at its two North American locations (including its head office in Canada) to provide the best return on investment in the plastics bottle molding machine industry. The company's market strategy is to provide high-quality, proven tools with outstanding ROI. The company provides CE, CSA, UL, ANSI and OSHA solutions to our customers.
Linear Shuttle Machines: The PET blow molding machine is prepared in both small and medium output at a low cost.
Rotary Machines: the machine with continuous perform motion: 10 and 14 cavities and offer benefit such as the high output at an even lower cost.
The benefit of using this machine is its full-automation, one-step molding process, presenting it ideal for thermoplastic materials such as PP, PET and PC. In addition, the company typically sees the ISBM series used by corporations that produce packaging bottles.
High-Pressure Air Comp: An excellent option for PET Blow Molding machines needing high air volume at high pressure, the Pet All, Pet Star system utilizes frame-supported modular add-on units that can be progressively mounted as requirements increase. A computerized control system manages the interface.
Superior Quality and Affordable Prices: Even with superior quality machines that surpass consumers' expectations, the company takes great pride in keeping its prices competing. In addition, the company offers only the best products to consumers throughout the US. All it demands is one phone call or by clicking on the link provided. Moreover, Pet All Manufacturing Inc. specializes in the design and manufacture of bottles, jars, large water containers & tight-head containers in a range of different sizes, materials and shapes.
The global PET blow moulder market report would provide an access to an approx. 61 market data table, 53 figures and 180 pages.
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