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The blow molding machinery market size is forecast to increase by USD 1.07 billion, at a CAGR of 4.5% between 2023 and 2028. The market is experiencing significant growth, driven by the increasing demand for beverage machinery, particularly in the injection-stretch blow molding segment. This technology is widely used in producing PET bottles for various beverages, including fruit juices and carbonated drinks. Moreover, the development of advanced machinery, such as tri-layer technology and full electric systems, is propelling the market forward. The production of hand soaps, sanitizers, cleaning products, and transportation applications in plastic containers is another trend fueling market growth. However, the market faces challenges from the availability of refurbished machines and the high cost of raw materials like polyethylene, polyethylene terephthalate, and polyvinyl chloride.
Extrusion molding technology is also gaining popularity due to its ability to produce jerry cans and household containers with minimal die swelling. Overall, the market is expected to grow steadily, with extrusion and injection-stretch blow molding being the key technologies driving the market.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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