Blow Moulding Machine Market

Blow Moulding Machine Market Outlook (2024 to 2034)

The global blow moulding machine market was valued at US$ 2,443.4 million in 2023 and has been forecasted to expand at a noteworthy CAGR of 3.7% to end up at US$ 3,604.0 Million by 2034.

The prime demand for blow moulding is driven by the plastic bottle manufacturing process. This machine is used to build industry products, electronics, and appliances. Over the last two decades, blow moulding machines have been in existence, and manufacturers have been constantly modifying the design and build to keep the equipment more efficient, accurate, and energy-efficient.

The global plastic market is expected to reach a revenue of US$ 753.1 billion by 2026, growing at a CAGR of 5.2%. Similarly, the plastic bottles and containers market is expected to touch a revenue of US$ 230 billion by the end of 2032. This growth is plastic industry is a key factor to drive the market for blow moulding machines during the forecast period.

Cost-effectiveness and wider availability are key factors propelling plastic product demand in the market. Plastic products find a place in the food and beverage, aerospace, medical, personal care, and consumer electronics industry which in turn fostering demand for blow moulders. High precision and speed are key features impelling the demand for this market.

Report Attributes	Details
Blow Moulding Machine Market Size (2023A)	US$ 2,443.4 Million
Estimated Market Value (2024E)	US$ 2,506.1 Million
Forecasted Market Value (2034F)	US$ 3,604.0 Million
Global Market Growth Rate (2024 to 2034)	3.7% CAGR
East Asia Market Share (2024)	18.3%
China Market Growth Rate (2024 to 2034)	4.8% CAGR
Key Companies Profiled	Akei Holdings Company Limited; Bekum; Chia Ming Machinery Co., Ltd.; China JWELL Intelligent Machinery Co.,Ltd; Jomar Corp.; Kautex Maschinenbau System GmbH; Krones AG; Meccanoplastica; PARKER PLASTIC MACHINERY CO., LTD; Simoparma Packaging Italia Srl (TECHNE); The Japan Steel Works, Ltd.; Wilmington Machinery; Other Prominent Players

Historic Analysis (2019 to 2023) and Future (2024 to 2034) Pathway Analysis for the Blow Moulding Machine market

The market for blow moulding machine grew at a growth rate of 2.5% from 2019 to 2023, and by the end of 2023, it was valued at US$ 2,443.4 million. Rapid growth in packaging and container industry across the globe is a major factor for the steady increase of the market during the forecasted period.

Historical Report Attributes	Details
Market Size (2019A)	US$ 2,208.1 million
Market Size (2023A)	US$ 2,443.4 million
Historical CAGR (2019 to 2023)	2.5%
Forecasted CAGR (2024 to 2034)	3.7%

• Short Term (2024 to 2028): The primary element driving the sales of blow moulding machines throughout this period are the increasing consumer preference for convenient and lightweight packaging solutions across various sectors. Industries such as food & beverage, healthcare, and personal care are increasingly adopting blow moulding machines that meet the versatility of these demands.
• Medium Term (2028 to 2030): The versatility and flexibility of this machines in handling variety of plastics is expected to boost the adoption of recycled plastics during this period. Growing integration of robotic automation in the blow moulding machine market witnesses another development after Proco Machinery launched the first-of-its-kind lay-flat tooling system which leverages robotic automation systems from Universal Robots to pack 270 bottles instead of 250.
• Long Term (2030 to 2034): Technological advancements leading to enhanced machine efficiency and reduced operational costs is expected to drive the market for blow moulding machines during this forecasted period. Manufacturers are already looking to optimize their machines which will further enhance the productivity of these machines thereby generating significant revenue during this period.

On the back of the aforementioned facts, the Blow Moulding Machine market is anticipated to grow at a CAGR of 3.7% during the forecast period from 2024-2034, According to the Fact.MR, a market research and competitive intelligence provider.

Market Dynamics

What are the Factors Propelling Global Sales of Blow Moulding Machine?

“Propelling Packaging Industry is Mushrooming Demand for Blow Moulders”

In recent years the packaging industry is experiencing an upward trajectory in terms of revenue and demand. This opened lucrative scope for blow moulders in the production of bottles, tubes and other packaging parts.

These machines cover applicability in a wider context ranging from million litres to thousand litres. These machines perform operations ensuring more energy efficiency and lesser wastage of raw materials. The integration of IoT technology enables this market to utilise automation. With the integration of automation, manufacturers can save labour costs and ensure their productivity remains high.

Furthermore, companies are working on improving machine shapes and are inclined towards making them more enhanced. For instance, on October 2022, blow moulding equipment manufacturer Ossberger launched their Pressblower machine SB2-260, a brand new injection blow moulder designed to produce boots, also called gaiters, for automotive air springs. The company used material support from Elastomer expert Huntsman.

What Trend is Likely to Uphold Blow Moulders in the Forecast Period?

“Bioplastic industry to become a significant trend during the forecasted period”

Compared to earlier years’ consumers now more than ever are insisting on eco-friendly products. This awareness is captured by manufacturers as they are looking for more sustainability alternatives for plastic. The prospering bio-plastic industry is likely to drive demand for moulders in the forecast period. Sophisticated formulations are being developed to enhanced durability and functionality generating vital causes of demand for eco-friendly material.

Along with the sustainability preferences of consumers, technological advancement in these moulders is making them more compatible for use. The trend is expected to bolster blow mould machine market growth with sales of products manufactured using bioplastics estimated to rise in the foreseeable future.

What are the Challenges Affecting the Product Sale?

“High Operational Cost to Stifle Market Growth”

Blow moulding machines operate on petroleum products and require a significant amount of energy for their operations. Additionally, the operation of blow mould machines contributes significantly to the carbon footprint. High operating costs coupled with adverse impacts on the environment are expected to dampen the market growth with administrations around the world working towards regulating the use of energy, fuel, and greenhouse gas production.

Furthermore, growing concerns about environmental degradation caused due to plastic production and its use are creating a reduction in the utilization of the material with end-user industries increasingly shifting to using other biodegradable materials. Manufacturers in the market are funnelling investments into the development of fully-electric equipment with high efficiency and reliability to overcome the daunting challenge.

Country-wise Insights

Why is Adoption of Blow Moulding Machine High in the United States?

“Advanced Technology, Robust R&D. and the Presence of Strong Market Players”

The market in the United States is estimated at US$ 550.5 million in 2024 and is projected to expand at a CAGR of 2.4% through 2034. This market is projected to generate a US$ 146.8 Million absolute opportunity from 2024 to 2034.

Advanced technology and R&D efforts are leading to more efficient machines that can be implemented across various industries of the nation leading to a more lucrative market for blow moulding machines. With stringent regulations regarding the safety and quality of these machines the market for blow moulders is expected to witness a steady demand during the forecast period.

In addition, market players are engaging in significant collaborations and investing in R&D to enable the production of specialized and customized blow moulded solutions. For instance, on April 2024, the U.S.-based R&B Plastic Machinery, announced the launch of RBS-E550D an all-electric EBM Shuttle machine. The new all-electric shuttle machine is intended to process regrind PE-type resins and will be equipped with a main extruder size of 100mm x 26:1 L/D ratio in a tri-layer application that will be on show at NPE.

The North American region is closely connected, which makes Canada and Mexico accessible markets for Blow Moulding Machine from the United States.

Why is China a Lucrative Market for Blow Moulding Machine?

“Significant Manufacturing Capabilities and Presence of Larger Market base for Blow Moulded Products”

The market in the China is estimated to reach US$ 576.5 million in 2034 at a CAGR of 4.6%. This market is projected to generate a US$ 209.6 Million absolute opportunity from 2024 to 2034.

China is known for their advanced manufacturing facilities across various sectors. With a well-established networks of raw material suppliers, component manufacturers, and distribution channels China has been a prominent market for blow moulding machines and is expected to remain so during the forecast period. Demand from various industries across the country is another major factor driving the market in this nation, for example, China has a large market for consumer goods and this has led to a significant rise in demand for blow moulded products.

In addition, China is by far the world’s largest plastic manufacturer. China produces almost ~30% of the world’s plastic as of 2024. Between 2021 and 2023 China’s PP export ranged between 1.3m tonnes to 1.4m tonnes.

Category-wise Insights

Which Machine Type is Expected to Grow Rapidly in the Blow Moulding Machine Market?

“Injection Blow Moulding Machine is Expected to Witness a Significant Growth in Demand Due to its Efficiency in Mass Production”

Demand for injection blow moulding machine is projected to increase at a CAGR of 7.5% from 2024 to 2034. Injection blow moulding machines are known for their accuracy and efficiency in producing complex shapes and designs. These machines are also known to be more sustainable and can reduce material waste by a significant portion during the production process.

Injection blow moulders are generally faster compared to other moulding methods and this has led to a significant growth in demand for this machine over the years. For instance, on February 2024, StatLab Medical Products, a leading global developer and manufacturer of medical diagnostic equipment and supplies, announces the start of injection moulding production at its new, cutting-edge histology consumable manufacturing plant in Arlington, TX. With a new crucial manufacturing facility for histology solutions currently in operation in the US, this signals a new era of innovation and transformative possibility for StatLab.

Which Industry is Expected to Remain Most Popular for Blow Moulding Machine?

“Packaging & Container is Expected to Remain Widely Popular Owing to their Extensive Demand for Blow Moulded Products”

Packaging & container is estimated to account for 31.0% share of the market in 2024, and the segment is projected to reach a market valuation of US$ 991.1 Million by 2034-end. The growth in population, urbanization-the disposable incomes are increasing day after day. This is driving the ever-increasing eCommerce booming sector requires convenient, light weight packaging solutions. The food and beverages, health requirements augment the demand for different kinds of packaging. Packaging Market to cross over US$ 1.5 Trillion by 2030. This growth in packaging industry is expected to drive the market for blow moulding machines over the forecast period.

Competitive Landscape

Key players in the Blow Moulding Machine market are 1PLASTCOMPANY, Akei Holdings Company Limited, Bekum, Chia Ming Machinery Co., Ltd., China JWELL Intelligent Machinery Co.,Ltd, Hillenbrand, Jomar Corp., Kautex Maschinenbau System GmbH, Krones AG, Meccanoplastica, PARKER PLASTIC MACHINERY CO., LTD, Simoparma Packaging Italia Srl (TECHNE), The Japan Steel Works, Ltd., TONVA Plastics Machine Co., Ltd, Uniloy, and Wilmington Machinery.

Companies devote a significant portion of their revenue to R&D to resolve problems and offer creative solutions to draw in new customers and stay competitive. Companies are developing customized offerings for issues that meet industry-specific needs to compete with other players.

• On February 2024, blow moulding machinery maker Uniloy Inc. is investing US$ 1 million to expand in India and move to a new factory that will, in time, double its capacity there.
• On January 2024, China-based Jwell Machinery acquired German-based blow moulding machine manufacturer Kautex Machinenbau. According to reports, Kautex will maintain to operate as an independent company under Jwell.
• On January 2024, Container Services, Inc. ("CSI"), a custom blow moulder recognized for its trademark honey bear bottle acquired Apex Plastics ("Apex"), a custom blow moulder primarily serving the beverage and domestic industries. With this acquisition, CSI also announced the formation of FirmaPak, a platform of like-minded customer-focused blow moulders.

Fact.MR has provided detailed information about the price points of key manufacturers of Blow Moulding Machine positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.

Segmentation of Blow Moulding Machine Industry Research

• By Machine Type :

  • Extrusion Blow Moulding Machine
  • Injection Blow Moulding Machine
  • Injection-Stretch Blow Moulding Machine
  • Stretch Blow Moulding Machine
    • Linear
    • Rotary

• By Raw Material :

  • Polyethylene Terephthalate (PET)
  • High-Density Polyethylene (HDPE)
  • Low-Density Polyethylene (LDPE)
  • Polypropylene (PP)
  • Polybutylene Terephthalate (PBT)
  • Polyvinyl Chloride (PVC)
  • Polystyrene (PS)
  • Nylon (PA)
  • Others

• By End Use Vertical :

  • Automotive
  • Food & Beverages
  • Packaging & Containers
  • Electronics & Electrical
  • Pharmaceuticals & Cosmetics
  • Medical Devices
  • Consumer Goods
  • Sporting Goods
  • Chemicals & Lubricants
  • Others

• By Distribution Channel :

  • Direct Sales
  • Distributors

• By Region :

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • East Asia
  • South Asia & Pacific
  • Middle East & Africa