According to the latest market report published by Transparency Market Research titled “Bottle blowing machine Market: Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2017-2025,” food and beverages end-use segment is expected to be the largest revenue contributor to the global bottle blowing machine market
during the forecast period, 2017-2025. Global revenue generated from
sales of bottle blowing machine in 2016 was nearly US$ 1.90 Bn, which is
projected to increase at a CAGR of 3.0 % during the assessment period.
Strict regulatory norms and expensive price continue to restrain market growth
Growing consumer preference for bottled
water will foster the need for blowing machine market. However, global
bottle blowing machine market may encounter with a major challenge
limiting its growth in near future, attributed to stringent government
regulations in different countries. Regulatory norms will reportedly
pose a restriction for the market’s growth through to 2025. Huge,
uncontrollable waste produced due to plastic on a global level is
forcing governments to restrict the production and sale of bottles.
Moreover, bottle blowing machines are best suited for manufacturers with
high output, whereas prices of bottle blowing machines seem to be
unaffordable for small and regional manufacturers. This factor will
significantly limit market growth by 2025 end. In some cases, the
manufacturing output volume is relatively lesser and the machine is used
only for a short duration, resulting in high idle time of the machine.
This factor greatly reduces the productivity of the manufacturing firm.
Manufacturers shifting from semi-automatic to automatic blowing machine
The global bottle blowing machine
manufacturers are now focusing on incorporating new technologies in the
machine. They are replacing semi-automatic bottle blowing machines with
automatic bottle blowing machine that have enhanced features, which
further eliminates the possibility of errors caused due to machine
inaccuracy. Machinery manufacturers are moving forward and offering
features such as remote services, machine simulation, and data
acquisition.
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Segmental insights: Technology type and end-use industry
The global bottle blowing machine market
is fragmented based on technologies used for the production of bottles.
The technologies involved in bottle blowing machineries are extrusion
blowing machine, injection blowing machine and stretch injection blowing
machine. Injection blowing machine is widely used in developed
countries because of its rugged and simple structure of technology, and
stretch injection blowing technology is mostly used for production of
PET bottles. On the basis of end-use industry, the global bottle blowing
machine market is segmented into food & beverages, pharmaceuticals,
cosmetics & personal care, household, and others. Food &
beverages industry is estimated to constitute the largest share of the
global market revenue, as the demand for bottled water is increasing
rapidly within this domain. This factor will continue to accelerate the
demand for blowing machines.
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