The global stretch blow molding machine market was estimated at $ 201.27 million in 2020 and will grow at a CAGR of 0.73% from 2020 to 2027, based on a newly released report.
SIDEL, Krones, KHS, Sipa, AOKI, Urola, SMF, Nissei ASB Machine, Chumpower, ZQ Machinery, Guangzhou Tech-Long Packaging Machinery, Leshan, CHIA MING MACHINERY, Powerjet, Eceng Machine, Parker
Containers made of PET, PP, etc. are produced on a stretch blow molding machine. The preforms are heated and then fed to a blow mold where they are inflated with compressed material and formed into finished containers. In general, the stretch blow molding process is usually used to make PET bottles for juice, water, soda, and various other products. The stretch blow molding process is typically used to make PET bottles for juices, water, soda, and many other products. This process has been around since the 1970s. There are two main types of stretch blow molding: single stage stretch blow molding and two stage stretch blow molding. Leading companies from European and Japanese regions occupy a dominant position in the high-end market. Sidel has the largest market share, which was 25.87% in 2016. Stretch blow molding machines can be divided into two types, the automatic type and the semi-automatic type. The difference between the two types lies in the treatment of reheated preforms. The former delivers the preforms to the molds via machines, the latter requires workers. In fact, the market share of the semi-automatic type is shrinking to improve production efficiency. In 2016, the semi-automatic type had a global market share of 63.58%. China is the largest stretch blow molding machine production base, the production of which was 6516 units in 2016. Although China is becoming the main production base of stretch blow molding machines in the face of enormous demand for equipment as well as lower production costs, the country still faces the dilemma of poor quality.
Effects of COVID-19:
The global Covid-19 outbreak presents several opportunities that will lead to growth in the stretch blow molding machine industry. In addition, the increasing number of government initiatives and the diffusion of funds from various organizations are the main reasons for its success even after the global pandemic.
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By product type, the market is mainly divided into:
Automatic type, semi-automatic type
According to applications, the market is divided into:
Food and beverage industry, personal care industry, pharmaceutical industry
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Middle East and Africa (Turkey, GCC countries, Egypt, South Africa), North America (USA, Mexico and Canada), South America (Brazil etc.), Europe (Germany, Russia, UK, Italy, France, etc.), Asia Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia and Australia)
Market Participant and Competitive Analysis: The report covers the major industry players including company profile, product specifications, production capacity / revenue, sales, price and gross margin 2016-2027 and sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and full disclosure on factors questioning the growth of the major market vendors.
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Main advantages of the report:
Porter’s Five Forces Analysis highlights the power of buyers and suppliers to enable stakeholders to make for-profit business decisions and strengthen their supplier-buyer network
The Market Participant Positioning segment facilitates benchmarking and provides a clear understanding of the current position of market participants in the industry.
The information on COVID-19 prevalence and how it has been incorporated or dissimilated into the Stretch Blow Moulder Market
In the end, this 2021 Market sheds light on the estimate of the global Stretch Blow Molding Machines Market size which is expected to exhibit accelerated growth over the forecast period and other factors that will drive the growth of the world as well as on a regional basis with key information on top manufacturers such as company info, product overview, Business data (capacity, sales, volume, price, cost and margin) and table sales, volume, price, cost and margin.
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