Published on : Apr 11, 2018
Albany, New York, April 11, 2018: The growing population is gradually able to access and afford bottled water, and consumer trends are evolving all the time, both locally and worldwide. It has been recently analyzed that increasing consumer preference for bottled water will foster the need for blowing machine market. Market Research Hub (MRH) has freshly publicized a study titled “Bottle Blowing Machine Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025” to its massive repository, which studies the current as well as future prospects of the global bottle bowling market until the end of 2025. This 219-page study has been analyzed on the basis of technology type, machine type, material type, end-users, and their regional as well as national markets in terms of revenue (US$ Mn) and CAGR.
Firstly, the readers will able to infer the details of global bottle blowing machines market overview, evaluating market performance in terms of revenue, followed by detailed analysis of key trends, drivers, restraints, and opportunities. According to the research key findings, manufacturers are now focusing on incorporating new technologies in the bottle machines. They are switching semi-automatic bottle blowing machines with automatic bottle blowing machine that has enhanced features, which further eliminates the possibility of errors caused due to machine inaccuracy. In 2016, the global market was valued at US$ 1.907 Bn in 2016 and is expected to expand at a CAGR of 3.0%, during 2017-2025.
Geographical and Segmental Overview
On the basis of geography, the research analyses market expansion in major regions such as Latin America, North America, Asia Pacific, Europe, and Middle East & Africa (MEA). While analyzing these regions, a detailed qualitative analysis of the factors responsible for driving and restraining the growth of the bottle bowling machine market in above regions has been provided. In addition, the report provides a detailed outline of the bottle bowling machine market globally that will assist new companies in establishing their presence and market players in expanding their market share in the market.
Based on the geographical segmentation, the North American market projected to capture 26.2% value share of the global market revenue in 2017. Also, North America will remain the key market in global bottle blowing machine market, finds the study.
Furthermore, the market has been analyzed on the basis of its material type, which are 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 due to its superior properties.
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. On the other hand, 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.
In the end, the report comprises a detailed company profiles section including a synopsis of the key players functioning in the global bottle blowing machine market. The report also includes market share analysis of the key players which are Krones AG, Sacmi Imola S.C, KHS GmbH, Nissei ASB Machine Co., Ltd., Zhejiang East Zhouqiang Plastic & Mould Industry Co. Ltd. Chumpower Machinery Corp, Aoki Technical Laboratory, Inc., Sidel, Guangzhou Tech-Long Packaging Machinery Co., Ltd, SMI S.p.A., etc.
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