Global Bottle Blowing Machine Market Drivers, Competition, and Opportunities Analyzed Till 2025

A latest research report titled as “Bottle Blowing Machine Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025” has been recently added to the vast portfolio of Market Research Reports Search Engine (MRRSE) online research offerings. This report is a professional and in-depth analysis on the present state and future prospect for the global market. It provides valuable information to the industry insiders, potential entrants or investors. It includes an exhaustive enquiry with the reliability of logic and the comprehensiveness of contents.

Click here For Free Sample Report @ https://www.mrrse.com/sample/4635

The global bottle blowing machine market was valued at US$ 1.907 Bn in 2016 and is expected to expand at a CAGR of 3.0%, during 2017-2025. The global market volume for bottle blowing machine is expected to expand 1.2x during the forecast period. Transparency Market Research, in its recently published report titled, “Bottle Blowing Machine Market: Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2017-2025,” has segmented the global bottle blowing machine market by machine type, product type, end use industry, and geographic region.

Injection blowing machine leads by technology type

On the basis of technology type, the global bottle blowing machine market is segmented into extrusion blowing machine, injection blowing machine, and injection stretch blowing machine. Injection blowing machine segment accounted for the largest market share of 43% in 2016 among the technology type segment, owing to widespread adoption of the injection blowing technology in developed countries. Injection stretch blowing technology, which is specifically used in production of PET bottles, it represents a passively growing segment. This segment is expected to witness a sluggish CAGR of 3.4% during 2017-2025. Extrusion blowing technology segment covered over 27% market share in 2017 and will reportedly expand at a declining CAGR of 2.5% over the forecast period.

Based on machine type, the global bottle blowing machine market is classified as automatic and semi-automatic machine. Automatic machine segment, CAGR of 3.2 % during 2017-2025. On flipside, semi-automatic machine segment is expected to expand at a much lower CAGR of 2.3% over the assessment period, with a ceasing market value share over the time. This decline is attributed to the inconvenience associated with operation of this machine, as it compels manual control.

Browse Full Report with TOC @ https://www.mrrse.com/bottle-blowing-machine-market

According to material type, the global bottle blowing machine market is categorized into polyethylene (PE), polyethylene terephthalate (PET), polyvinyl chloride (PVC), and others. Polyethylene terephthalate (PET) segment is estimated to account for the largest market share in this segment, owing to superior properties of polyethylene terephthalate (PET) such as flexibility, durability, and reliability. This segment registered a major market value share of over 57% in 2017.

In terms of end-use industry, global bottle blowing machine market is segmented into key industries that the bottle blowing machine companies serve - food & beverages, pharmaceuticals, cosmetics & personal care, household, and others. Among these end-use domains, food & beverage industry registered a share of 59.6 % in terms of value in 2017. Pharmaceutical industry is expected to expand at the CAGR of 2.7% through to 2025.

Geographically, the global bottle blowing machine market is segmented geographically into 5 key regions including North America, Latin America, Asia Pacific (APAC), Europe, and Middle East & Africa (MEA). North America and Europe, together account for nearly 50% of market share in 2017. This factor increases the demand of bottle blowing machines globally. Latin American market for bottle blowing machine is expected to reach US$ 258.1 Mn in 2025, with a sluggish CAGR of 3.0% over 2017-2025. Asia Pacific is expected to expand at the CAGR of 4.6% during 2017-2025 due to increasing investment of European companies in Asia Pacific region. According to the global bottle blowing machine market report, China was the largest importer of plastic bottles in 2017 and will possibly retain the top importer position in near future as well. In Middle Eastern & African region, manufacturers are majorly importing packaging machineries from Europe, Asia Pacific, and North America.

The report provides detailed competitive analysis that includes detailed company profiles of key participants operating in the global bottle blowing machine market. Some of the leading players are Krones AG, Sacmi Imola S.C, Nissei ASB Machine Co., Ltd., Chumpower Machinery Corp, Aoki Technical Laboratory, Inc., KHS GmbH, Sidel, Guangzhou Tech-Long Packaging Machinery Co., Ltd, SMI S.p.A., and Zhejiang East Zhouqiang Plastic & Mould Industry Co. Ltd. Etc.

About Market Research Reports Search Engine

Market Research Reports Search Engine (MRRSE) is an industry-leading database of Market Research Reports. MRRSE is driven by a stellar team of research experts and advisors trained to offer objective advice. Our sophisticated search algorithm returns results based on the report title, geographical region, publisher, or other keywords.

MRRSE partners exclusively with leading global publishers to provide clients single-point access to top-of-the-line market research. MRRSE’s repository is updated every day to keep its clients ahead of the next new trend in market research, be it competitive intelligence, product or service trends or strategic consulting.

Contact Us

State Tower
90, State Street
Suite 700
Albany, NY - 12207
United States Telephone: +1-518-730-0559
Email: sales@mrrse.com
Website: https://www.mrrse.com/
Read More Industry News At: https://www.industrynewsanalysis.com/

This release was published on openPR.