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Bottle Blowing Machine Market Size

  • Report ID: GMI8242
  • Published Date: Feb 2024
  • Report Format: PDF

Bottle Blowing Machine Market Size

Bottle Blowing Machine Market was valued at USD 2 billion in 2023 and is likely to attain about 4.1% CAGR from 2024 to 2032, driven by the rising demand for packaged products in urban areas and emerging markets. Urbanization and population growth contribute to increased consumption of packaged goods.

 

The rising consumption of bottled drinking water, directly drives the demand for bottles. Bottled water is often preferred for its convenience, portability, and perception of cleanliness. This trend fuels the need for bottle blowing machines to produce the required packaging. The beverage industry, including carbonated drinks, bottled water, juices, and sports drinks, is a major driver for the bottle blowing machine market. With increasing consumer preferences for convenient and portable beverage packaging, the demand for bottle blowing machines is on the rise.

Setting up a bottle blowing machine manufacturing facility involves a significant initial investment in machinery, technology, and skilled labor. This high entry barrier can be a challenge for new players entering the market. The bottle blowing machine industry is closely tied to the demand from end-use industries such as beverages, pharmaceuticals, and personal care. Economic downturns or disruptions in these industries can have a direct impact on the demand for bottle blowing machines.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of bottle blowing machine was worth over USD 2 billion in 2023 and is set to expand at over 4.1% CAGR between 2024 and 2032, driven by the rapid urbanization and population growth along with the surging consumption of packaged goods.

Bottle blowing machine industry from the polyethylene material segment accounted for 46.2% revenue share in 2023 and is anticipated to grow significantly through 2032 attributed to the versatility of polyethylene that can be used for various types of bottles.

North America bottle blowing machine industry held 24% revenue share in 2023 and is estimated to exhibit robust growth between 2024 and 2032, owing to the steady growth of the beverage sector including carbonated soft drinks, bottled water, and other non-alcoholic beverages in the region.

Some of the leading bottle bowing machine providers are Aoki Technical Laboratory, Inc., BEKUM Maschinenfabriken GmbH, Chumpower Machinery Corp., Demark Holding Group, GOLFANG Mfg. & Development Co., Ltd., Husky Injection Molding Systems Ltd., Krones AG, Nissei ASB Machine Co., Ltd., Parker Plastic Machinery Co., Ltd., R&B Plastics Machinery, LLC, SMF Maschinenfabrik GmbH, Wilmington Machinery, and Zhejiang Huangyan Lingma Plastic Machinery Co., Ltd.

Bottle Blowing Machine Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 250
  • Countries covered: 22
  • Pages: 387
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