Press release
Covid-19 Pandemic Drives Surge In Blow-Molded Plastics Market A Focus On Face Masks, Hand Sanitizer Bottles, And Protective Gowns: A Key Factor Shaping the Future of the Blow-Molded Plastics Market in 2025
Blow-Molded Plastics Market
The blow-molded plastics market is projected to expand as a result of the surge in use of face masks, protective clothing, and hand sanitizer packaging. The COVID-19 pandemic has rapidly increased the demand for and sales of facemasks, hand sanitizers, and face shields. Consumers are buying hand sanitizers in small, portable bottles that can easily fit in their wallets or purses. Blow molding, a method used for creating hollow products like bottles and face masks from hot, molten plastic, is being widely used. The All Food and Drug License Holders Foundation (AFDLHF), an Indian association representing 7,000 pharmaceutical distributors, reports that the total mask market in India has risen from approximately Rs 2 billion ($26.7 million) per year in 2019 to Rs 4.5 billion ($60 million) in just the opening two months of 2020. Hence, the escalation in use of face masks, protective garb, and sanitizer packaging bottles is set to fuel the growth of the blow-molded plastics industry.
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What is the future CAGR of the blow-molded plastics market, and how will it impact industry expansion?
The market size of blow-molded plastics has been continuously expanding over the past few years. Its size is projected to rise from $97.17 billion in 2024 to $101.21 billion in 2025, reflecting a compound annual growth rate (CAGR) of 4.2%. Factors that contributed to this growth during the historic period include the growth within the packaging sector, the broadening automotive and transportation industry, increased demand for consumer goods, governmental legislations, and heightened consumer consciousness regarding environmental concerns.
In the forthcoming years, significant expansion is anticipated in the blow-molded plastics market. The market is projected to swell to a size of $132.55 billion by 2029, with a compound annual growth rate (CAGR) of 7.0%. The growth in the projected period is due to various factors such as the growing food and beverage sector, increase in e-commerce and online retail, progression in the construction industry, focus on the circular economy, and economic development. Key trends noted in the forecast period include the use of sustainable materials, innovative designs and customization, lightweighting and material efficiency, the advent of 3D printing and digital manufacturing, along with smart packaging.
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What are the most significant trends transforming the blow-molded plastics market today?
Key players in the blow-molded plastics industry are concentrating on launching innovative solutions such as the Robopik Takeout System to improve operational performance, curtail labor expenses, and better product quality, while meeting the rising need for automation and smart production systems in the field. The Robopik Takeout System is a pioneering automated product that employs co-robotics to effortlessly unload and deflash bottles from shuttle-type blow molding machines, ensuring heightened flexibility, velocity, and safety in production. For example, in August 2024, Proco Machinery Inc., a firm based in Canada producing automation systems, introduced a cobot palletizing system. Proco's latest cobot palletizing system aims to boost efficiency in managing plastic bottles. This system is particularly remarkable for its capability to operate collaboratively with human workers, fostering more flexibility and seamless integration into current production lines.
Which key market segments comprise the blow-molded plastics market and drive its revenue growth?
The blow-molded plastics market covered in this report is segmented -
1) By Type: Polypropylene, Acrylonitrile Butadiene Styrene (ABS), Polyethylene, Polystyrene, PVC, PET, Other Types
2) By Technology: Extrusion, Injection, Stretch
3) By Applications: Packaging, Consumables And Electronics, Automotive And Transport, Building And Construction, Medical, Other Applications
Subsegments:
1) By Polypropylene: Homopolymer Polypropylene, Copolymer Polypropylene
2) By Acrylonitrile Butadiene Styrene (ABS): High-Impact ABS, Standard ABS
3) By Polyethylene: Low-Density Polyethylene (LDPE), High-Density Polyethylene (HDPE), Linear Low-Density Polyethylene (LLDPE)
4) By Polystyrene: General Purpose Polystyrene (GPPS), High-Impact Polystyrene (HIPS)
5) By PVC: Rigid PVC, Flexible PVC
6) By PET: Virgin PET, Recycled PET (rPET)
7) By Other Types: Polycarbonate, Nylon, Thermoplastic Elastomers (TPE)
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What regions are at the forefront of blow-molded plastics market expansion?
Asia-Pacific was the largest region in the blow-molded plastics market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the blow-molded plastics market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Who are the leading players fueling growth in the blow-molded plastics market?
Major companies operating in the blow-molded plastics market include LyondellBasell Industries Holdings B.V., Berry Global Inc., PET All Manufacturing Inc., Inpress Plastics Ltd., The Dow Chemical Company, Comar LLC, Rutland Plastics Ltd., The Plastic Forming Company Inc., Agri-Industrial Plastics Company, Garrtech Inc., North American Plastics Ltd., Creative Blow Mold Tooling Inc., Exxon Mobil Corporation, APEX Plastics Pvt. Ltd., Magna International Inc., International Automotive Components Group Ltd., Custom-Pak Inc., Gemini Group Global Corp., Du Pont De Nemours and Company, Confer Plastics Inc., Blow Molded Solutions LLC, Blue Ridge Industries Inc., GSH Industries Inc., Midwest Plastics Inc., Molded Devices Inc., Mr. Nozzle Inc., Hi-Rel Plastics & Molding Inc., N.E.W. Plastics Corporation, Plastic Technologies Inc.
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What Is Covered In The Blow-Molded Plastics Global Market Report?
•Market Size Forecast: Examine the blow-molded plastics market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the blow-molded plastics market for a structured understanding.
•Key Players Overview: Analyze major players in the blow-molded plastics market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the blow-molded plastics market.
•Segment Contributions: Evaluate how different segments drive overall growth in the blow-molded plastics market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the blow-molded plastics market.
•Industry Challenges: Identify potential risks and obstacles affecting the blow-molded plastics market.
•Competitive Landscape: Review strategic developments in the blow-molded plastics market, including expansions, agreements, and new product launches.
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