Blow Molding Machine Market Revenue, Driving Factors, Key Players, Strategies, Trends, Forecast till 2027
A novel report on global Blow Molding Machine market has been recently published by Reports and Data that provides a comprehensive overview of the Blow Molding Machine industry with current and emerging market trends. The global Blow Molding Machine market is expected to be valued at USD Billion in 2027, registering a CAGR of throughout the forecast period of 2022-2027. The report aims at proving precise market information such as market trends, market size, market revenue growth, drivers, restraints, growth opportunities to the viewers, investors. The report also sheds light on top companies in the global Blow Molding Machine market along with market segmentations such as product type, application and regional bifurcation.
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Competitive Landscape:
IntraPac International Corporation, a manufacturer of rigid packaging solutions, acquired Quality Plastics, LLC, manufacturer of custom extrusion blows moulded containers, based in Arizona. With this, IntraPac will expand its manufacturing footprint in West Coat and expand the high-density polyethylene bottles segment.In 2019, Essentra PLC divested its Extrusion business to Inter Primo A/S in a deal that values Extrusion at EUR 16.2 million free of cash and debt. Proceeds from the deal were used to strengthen components manufacturer and distributor Essentra’s balance sheet.
Global Blow Molding Machine Market Segmentation:
Type Outlook:
- Polypropylene
- Acrylonitrile
- Butadiene styrene,
- Polyethylene,
- Polystyrene,
- PVC
- PET and Others
Applications Outlook:
- Packaging
- Consumables & Electronics
- Automotive & Transport
- Building & Construction
- Medical and Others
Regional Analysis covers:
- North America
- S.
- Canada
- Mexico
- Europe
- Germany
- Italy
- K.
- Rest of EU
- Asia Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Argentina
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa
- A.E
- Rest of MEA
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Market Overview:
The packaging industry is rapidly expanding in terms of revenue in the recent years, and is expected to register rapid revenue CAGR throughout the forecast period of 2022 to 2027. Rapid revenue growth is attributed to factors such as rising global population, changing lifestyle, increasing disposable income and rapid growth of the e-commerce sector. Increasing penetration of internet, social media, improving standard of living and rapid growth in the doorstep deliveries are some other factors boosting global market revenue growth. In addition, various manufacturers are focusing on offering sustainable packaging to cater to rising environmental concerns. Local dealers are focusing on innovative packaging to attract consumers.
Key questions addressed in the report:
- What size is the global Blow Molding Machine market expected to reach over the forecast period?
- Which revenue CAGR is the global market expected to register throughout the forecast period?
- Which factors are expected to hamper global market growth during the forecast period?
- Which key factors are expected to driver global Blow Molding Machine market throughout the forecast period?
- Which application segment is expected to register fastest revenue CAGR between 2022 and 2027?
- Which region is expected to register fastest revenue CAGR throughout the forecast period?
- What are the key outcomes of Porter’s Five Forces analysis and SWOT analysis?
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