Bottle Blowing Machine Market: Global opportunity analysis and industry forecast, 2023-2030 Market

Bottles are used in almost every industry. The manufacturing methods of the bottles using different materials have evolved over the years. Various new methods have been employed by the manufacturers of the bottles. Blow molding is one of the most widely used manufacturing processes which are used to produce the bottles of different shapes and sizes. Bottle blowing machines are used for this purpose. Various types of molding processes can be performed with the help of bottle blowing machines. Bottles of high quality and better clarity are manufactured by using these bottle blowing machines.

COVID-19 scenario analysis:

• The demand for bottle blowing machine is expected to decrease in the year 2020 due to low demand from different industries such as personal care and food and beverage due to the lockdown imposed by government of many countries.
• COVID-19 pandemic has shut-down the production of various products in the bottle blowing machine industry, mainly owing to the prolonged lockdown in major global countries. This has hampered the growth of bottle blowing machine market significantly from last few months, as is likely to continue during 2020.
• COVID-19 has already affected the sales of equipment and machinery in the first quarter of 2020 and is likely to cause a negative impact on the market growth throughout the year. 
• The major demand for equipment and machinery was previously noticed from giant manufacturing countries including the U.S., Germany, Italy, the UK, and China, which is badly affected by the spread of corona virus, thereby halting the demand for equipment and machinery.
• Further, potential impact of the lockdown is currently vague and financial recovery of companies is totally based on its cash reserves. Equipment and machinery companies can afford a full lockdown only for a few months, after which the players would have to modify their investment plans.
• Equipment and machinery manufacturers must focus on protecting their workforce, operations, and supply chains to respond toward immediate crises and find new ways of working after COVID-19 infection cases start to decrease.

Top impacting factors:

Bottles are integral components for many industries such as food and beverage, pharmaceuticals, consumer goods, cosmetics and personal care. All these industries make use of the bottles as the primary packaging material for their products. Bottles are manufactured by using different materials such as plastics, glass and steel. Various types of processes are included in the blow molding type of manufacturing. These processes include injection stretch blow molding, injection blow molding and extrusion blow molding process. Different materials can be used for blow molding process such as polyvinyl chloride (PVC), polyethylene terepthalate (PET) and polyethylene (PE). Out of these materials polyethylene terepthalate (PET) is the most common material, which is used for manufacturing of the bottles by blow molding process. Polyethylene terepthalate (PET) has different properties such as reliability, durability and flexibility. Hence, it is widely used for manufacturing.

Injection blow molding is the most widely used process and bottle blowing machines are more commonly designed to perform the same process. If the mass production of the bottles needs to be performed then the injection molding process proves to be very effective method. In this process, core pin is attached at the top of the mold and the shape of mold is decided based upon the shape of final product. Then the melted polymer is poured into the mold through a pin and it is then allowed to cool for some time. After cooling, the mold is removed and final product is taken out.    

New product launch to flourish the market:

Many companies in the bottle blowing machine market are developing and introducing new products to the market. These new products are technologically more advanced than the previous range of their products. These new products are more efficient and effective in their performance and are widely used in the industry.

In October 2019, Jomar Corp., a leading manufacturer of blow molding machines has launched an advanced version of their previous range of injection blow molding machine named as TechnoDrive 65 PET machine. This machine is designed such that polyethylene terepthalate (PET) material can be molded very easily and efficiently. This machine is more suitable for manufacturing the bottles of soft drinks and hence, it is widely used in the food and beverage industry. 

Key driving factor for the growth of bottle blowing machine market:

The use of bottles in different industries has increased. Bottles in various shapes and sizes are required for different application. This could be the key driving factor for the growth of bottle blowing machine market. Further, the use of bottled water and other drinks have increased in different countries across the world and the demand for them is expected to rise further more. Hence, the demand for bottle blowing machine is also expected to rise during the forecast period.

Key restraining factor for the growth of bottle blowing machine market:

Plastic material is the more common material which is used to manufacture the bottles using the blowing machines. Due to adverse effects of the plastic, governments of many countries has banned the use of plastic. The materials such as steel and aluminum are not easy to use in blowing machine; hence it could hamper the growth of bottle blowing machine market.

Key benefits of the report:

• This study presents the analytical depiction of the bottle blowing machine market along with the current trends and future estimations to determine the imminent investment pockets.
• The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the market share.
• The current market is quantitatively analyzed to highlight the market growth scenario.
• The report provides a detailed bottle blowing machine market analysis based on competitive intensity and how the competition will take shape in coming years. 

 Bottle Blowing Machine Market: Global opportunity analysis and industry forecast, 2020-2027 Report Highlights