PET Stretch Blow Molding Machine Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2021 to 2027
PET Stretch Blow Molding Machines Market was valued at USD 621.87 million in 2019 and is projected to reach USD 725.63 million by 2027, growing at a CAGR of 2% from 2021 to 2027.
PET stretch blow molding machines are designed to produce bottles used for juice, detergent, soda bottles, water, soda water and many other products. This machine produces bottles by stretching the preform in both the hoop direction and the axial direction. PET processing consists of two steps: molding is done by injection molding and bottle blowing is done by stretch blow molding. PET stretch blow molding machines are used to produce a variety of bottles with numerous applications in a variety of industries such as food and beverage, pharmaceuticals, personal care and cosmetics, etc. The growing demand for stretch blow molding products in various industries has boosted the PET stretch blow molding machine market.
Market Segments
By Technology Type
- Single Step
- Two Step
By Orientation Type
- Linear
- Rotary
By End-User Industry
- Food and Beverages
- Pharmaceuticals
- Personal Care and Cosmetics
- Others
Key Players
- Aoki Technical Laboratory, Inc.
- NISSEI ASB MACHINE CO.,LTD
- CHUMPOWER MACHINERY CORPORATION
- PARKER PLASTIC MACHINERY CO., LTD
- Pet All Manufacturing Inc.
- SACMI IMOLA S.C.
- Global Pet Industries Private Limited
- Guangzhou Tech-Long Packaging Machinery Co., Ltd
Scope of the Report
The research study analyzes the global PET Stretch Blow Molding Machine industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by PET Stretch Blow Molding Machine Market Report
1. What was the PET Stretch Blow Molding Machine Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the PET Stretch Blow Molding Machine Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the PET Stretch Blow Molding Machine Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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