Blow Moulding Machines Market

Blow Moulding Machines Market Outlook (2022-2032)

The global blow moulders market is at present valued at USD 5014.42 Million in 2022. This market is expected to grow and reach up to USD 7281.05 Million by 2032. The industry is anticipated to grow with a CAGR of 3.8% in the forecast period.

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. Blow moulding machines have been in use for the past two decades and manufacturers are constantly modifying the design and build of the equipment to make them more efficient, accurate, and energy-efficient.

Cost-effectiveness ness 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 is in turn fostering demand for blow moulders. High precision and speed are key features impelling the demand for this market.

Report Attributes	Details
Market size (2022 A)	USD 5014.42 Million
Base Year for Estimation	2022
Forecast duration for this research	2022-2032
Forecasted Market value (2032 F)	USD 7281.05 Million
Global Market Growth rate (2022-2032 E)	CAGR of 3.8%
Key Companies Profiled	Parker Plastic Machinery Co. Ltd. Chia Ming Machinery Co., Ltd. Meccanoplastica Jiangsu Victor Machinery Co. Ltd. British Plastics Federation Jagmohan Pla-Mach Pvt. Ltd.

What drives demand for blow moulding machines?

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 material. The integration of IoT technology enables this market to utilise automation. With the integration of automation, manufacturers can save labour costs and also ensure their productivity remains higher.

A recent custom blow moulder launched by W. Amsler Equipment Inc. in 2018 uses four ovens to accommodate the production of four products simultaneously. Additionally, the system provides more control over the production process and enables a seamless shift to different designs. Such developments are expected to intensify as demand for varying plastic component designs for both functionality and marketing is expected to increase across different industries.

Furthermore, companies are working on improving machine shapes and are inclined towards making them more compact. This is likely to reduce mould change time and improves performance.

What trends are likely to uphold blow moulders in the forecast period?

“Bioplastic industry to gain traction in forecast 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 sustainable alternatives to plastic. The prospering bio-plastic industry is likely to drive demand for moulders in the forecast period. Sophisticated formulations are being developed to enhance 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-hold machine market growth with sales of products manufactured using bioplastics estimated to rise in the foreseeable future.

What are opportunities wait in this industry?

“Bolstering Demand for Lightweight Containers to Open Lucrative Opportunities”

Demand for lightweight plastic containers is also expected to surge, on account of the proliferating logistics industry which requires durable, strong, and flexible materials for packaging.

With the development of efficient designing and testing techniques intensifying blow moulding manufacturers are making key adjustments in equipment design to accommodate the demands of end-use industries which is estimated to fuel blow mould machine market growth.

A recent development complementing the surge in the demand for lightweight plastic containers was Amazon’s recent announcement of replacing the traditional cardboard boxes used in packaging with lightweight flexible plastic mailers.

What are restraints affecting product sales?

“High Operational Costs 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.

Regional Outlook

Automotive manufacturers are shifting from mature regions to emerging countries, such as India and China. The global market is anticipated to be dominated by the Asia Pacific region, with China leading the market, both in terms of production and consumption. India is also anticipated to witness sound growth in demand for blow moulding machines owing to the rapid growth being seen in the consumer packaging and automotive industry.

North America and Europe are collectively anticipated to hold a significant share in the blow moulding machines market and the growth in the automotive and electronics & electrical industry in the region is anticipated to drive the demand for blow moulders in the coming years.

Significant investments and recovering economies of Brazil and Argentina are projected to drive the Latin American market. The Middle East and Africa are projected to witness moderate growth in demand for moulding machines over the forecast period due to the initiatives being taken by various Middle-East countries towards achieving a diversified economy.

Competitive Landscape

• To capitalize on the growing demand for energy-efficient blow moulding machines, Jomar Corporation, a leading player operating in the blow moulding machine market, extended its IntelliDrive injection blow moulding product range with the introduction of IntelliDrive 175 and IntelliDrive 135. The company claims the proprietary technology used in the machine enhances its efficiency substantially while limiting its carbon footprint. In addition, the company is providing value-added features such as screwdriver pressure monitoring and valve output to aid end-use industries in the effective maintenance of the equipment.
• Banking on the growing popularity of all-electric blow mold machines, R&B Plastics Machinery entered a strategic partnership with Sika, a Taiwan-based blow moulding manufacturer, and Seecor, a technology company, for the production of all-electric, hydraulic, and hybrid blow moulding machine. Under the partnership, Sika will manufacture the components required for the production of blow mould machines while Seecor will assist the company in streamlining the design.
• Growing integration of robotic automation in the blow moulding machine market witnessed 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.

Blow Moulding Machines Market: Segmentation

• By Type :

  • Extrusion
  • Injection
  • Injection Stretch

• By Application :

  • Packaging
  • Consumable
  • Automotive
  • Electronics
  • Construction
  • Other Applications

• By Raw Material :

  • Polyethylene Terephthalate (PET)
  • Polyethylene (PE)
  • Polypropylene (PP)
  • Polybutylene Terephthalate (PBT)
  • Polyvinyl chloride (PVC)
  • Polystyrene (PS)
  • Others Plastic Materials

• By Region :

  • North America
    • U.S.
    • Canada
  • Latin America
    • Mexico
    • Brazil
    • Argentina
    • Chile
    • Peru
  • Western Europe
    • Germany
    • Italy
    • France
    • U.K
    • Spain
    • BENELUX
    • Nordics
  • Eastern Europe
    • Russia
    • Poland
    • CIS
  • Asia-Pacific
    • China
    • India
    • ASEAN
    • South Korea
  • Japan
  • Middle East and Africa
    • GCC Countries
    • South Africa
    • Turkey
    • Iran
    • Israel