Stretch Blow Molding Machines Market By Types (Single-step and Two Steps), By End Users (Beverage Industry, Pharmaceuticals, Food Industry, Personal Care, and Others) – Growth, Future Prospects and Competitive Analysis, 2019 - 2027

"Rapidly Growing Plastic Bottles Industry to Ensure Rapid Growth for Stretch Blow Molding Machines Market"

Globally, the stretch blow molding machines market is expected to grow with a CAGR of 2.8% during the forecast period from 2019 to 2027, starting from US$755.6 Mn in 2018. The stretch blow molding machines are used for the production of containers and plastic bottles. At present, these machines are specially used in the manufacturing of soda bottles. These machines enable reliable manufacturing processes including bottle design, bottle molds, air preparation, and others. The rapidly growing plastic bottles industry is the primary factor that drives the growth of stretch blow molding machine market. The demand for plastic bottles is growing rapidly across numerous industry verticals. The trends and opportunities in the plastic bottle industry are changing rapidly. 

Additionally, the growing demand for plastic bottles in the beverage industry is anticipated to escalate the growth of stretch blow molding machines worldwide. The benefits offered by the sketch blow molding machines are contributing to the growth of stretch blow molding machines market. On the other hand, the regulation regarding the use of plastic bottles is expected to hamper the growth market. Furthermore, the integration of advanced technologies with the stretch blow molding machines are projected to create numerous growth opportunities in the near future. 

"Stretch Blow Molding Machines with Beverage Industry in its End Use Segment Continue Dominating the Market"

In 2018, the overall stretch blow molding machines market was led by the beverage industry contributing to over 36% of the global market revenue. The stretch blow molding machines are specially used to in the beverage industry for the numerous beverage packaging. Additionally, growing demand for the stretch blow molding machines in the personal care and the cosmetic industries are anticipated to fuel the growth of stretch blow molding machines market. Moreover, Based on the type, the global market of stretch blow molding machines are bifurcated into a single step and two steps. Among these types, the single-step stretch blow molding machines dominate the market.

"North America Dominates the Market by Region"

The global stretch blow molding machines market is anticipated to be dominated by North America with the largest market share. The U.S. is expected to have the largest market share of more than 85% in North America followed by Canada, owing to the high preference for stretch blow molding machines by end-use industries. The rapid innovation in the blow molding machines is favoring the market growth in North America. However, Asia Pacific is projected to be the fastest-growing region in the stretch blow molding machines market owing to the increasing investments in the advancements of manufacturing and design machinery and the growing demand for the highly effective stretch blow molding machines among the veracious end-use industries.

Some of the prominent players operating in the stretch blow molding machines market include Xaar plc., Mimaki Europe B.V., Koenig & Bauer Kammann GmbH, Roland DG Corporation, O.M.S.O. SpA, Xerox Corporation, INX International Ink Co., Engineered Printing Solutions, Inc., Velox Ltd., Tonejet Limited Inc, Isimat GmbH Siebdruckmaschinen, Epson America, Inc., Roland DG Corporation, and others.

Historical & Forecast Period

This research report presents the analysis of each segment from 2017 to 2027 considering 2018 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segment calculated for the forecast period from 2019 to 2027. 

Report Scope by Segments

The stretch blow molding machines market report provides market size and estimates based on market dynamics and key trends observed in the industry. The report provides a holistic view of global stretch blow molding machines market based on types and end users. Key segments covered in the report are as follows:

Key questions answered in this report

• What was the market size of stretch blow molding machines in 2018 and forecast up to 2027?
• Which is the largest regional market for personal care applications?
• What are the major trends followed in stretch blow molding machines market across different regions?
• Who are the key stretch blow molding machines companies leading the market?
• What are the key strategies adopted by the leading stretch blow molding machines companies in market? 
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Unique data points of this report

• Statistics on stretch blow molding machines penetration and spending worldwide
• Recent trends across different regions in terms of adoption of stretch blow molding machines for various end users
• Notable developments going on in magnetic sensor market
• Attractive investment proposition for segments as well as geography
• Comparative scenario for all the segments for years 2018 (actual) and 2027 (forecast)