Plastic Blow Molding Machine Market, By Technology (Injection Stretch, Injection and Extrusion), By End-Use (Automotive, Packaging, Medical, Electronics, Consumer Goods and Construction), By Country, and By Region - Industry Analysis, Market Size, Market Share & Forecast from 2024-2032
REPORT HIGHLIGHT
Plastic Blow Molding Machine Market size was valued at USD 3,118 Million in 2023, expanding at a CAGR of 3.8% from 2024 to 2032.
The process of blow molding is mostly utilized in the creation of hollow plastic components. Plastic is first melted, and then compressed air is forced through a tube-shaped object having a hole at one end to complete the process. To match the form, air pressure is applied by pressing into the molten plastic.
Plastic Blow Molding Machine Market- Market Dynamics
- Increasing demand from the automotive sector to propel market demand
Since electric vehicles are becoming more and more popular and their construction is becoming more and more frequent, the United States automobile sector is the primary source of demand for blow-molded plastics. The number of electric cars sold in the United States increased from 1.0 million in 2022 to 1.6 million in 2023. It is anticipated that the market for blow-molded plastic products will develop considerably due to the growing demand for electric cars. Therefore, the growing automotive industry is expected to drive market growth during the forecast period.
Plastic Blow Molding Machine Market- Key Insights
- As per the analysis shared by our research analyst, the global market is estimated to grow annually at a CAGR of around 3.8% over the forecast period (2024-2032)
- Based on technology segmentation, the extrusion segment is expected to dominate the market during the forecast period
- Based on end-use segmentation, the automotive category is expected to hold a prominent market share during the forecast period
- Based on region, the Asia Pacific is expected to dominate the market over the forecast period
Plastic Blow Molding Machine Market- Segmentation Analysis:
The Global Plastic Blow Molding Machine Market is segmented based on Technology, End-Use, and Region.
Based on the technology, the Plastic Blow Molding Machine market is divided into Injection Stretch, Injection and Extrusion. The extrusion segment is expected to dominate the market during the forecast period. Manufacturing companies employ the extrusion molding process to create goods with a consistent cross-sectional area. Extrusion molding is less costly than other molding methods. Furthermore, extrusion blow molding machines can produce a lot of completed bottles and containers due to their high production capacity.
Based on the end-use, the Plastic Blow Molding Machine industry is categorized into Automotive, Packaging, Medical, Electronics, Consumer Goods, Construction and Others. The automotive category is expected to hold a prominent market share during the forecast period owing to the growth in the automotive industries. For instance, according to Invest India, from April 2021 to March 2022, there was a positive growth of 42.9% in Passenger Vehicle Exports, Commercial Vehicle Exports, Three-Wheeler Exports, and Two-Wheeler Exports. In the same period last year, Three-Wheeler Exports increased from 393,001 to 499,730 units, and Two-Wheeler Exports increased from 3,282,786 to 4,443,018 units.
Plastic Blow Molding Machine Market- Geographical Insights
Geographically, this market is widespread in the regions of North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. These regions are further divided as per the nations bringing business. The Asia Pacific is expected to dominate the market during the forecast period. Increasing infrastructure expenditure, along with the expanding vehicle demand in countries such as China, India, Indonesia, and Malaysia, is predicted to fuel the need for blow-molded plastics in the Asia Pacific area. Furthermore, the region\'s market is expanding due to the growing demand from the packaging industry. For instance, in December 2021, Mumbai-based Mahika Packaging stated its intention will increase its tube-making capacity in FY 2022-23. The business provides its goods to meet the packaging requirements of the pharmaceutical and cosmetics sectors.
Plastic Blow Molding Machine Market- Competitive Landscape:
The sector is characterized by intense competition from both domestic and foreign firms. Manufacturers of plastic blow molding machines employ a range of tactics to expand their market share and satisfy the ever-changing technical needs of end-user sectors, including consumer goods, packaging, automotive, electronics, and medical.
Recent Developments:
- In March 2023, to increase the size of its current location, Jagmohan Pla-Mach Pvt. Ltd. purchased 50,000 square feet of extra property. The business extended its Asagaon, India, location to the Mumbai–Nashik Highway. The extra floor space will be utilized to expand the range of products offered and enhance the productivity of high-velocity, fast auto deflashing blow molding machines and injection blow molding machines for both monolayer and multilayer segments.
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
GLOBAL PLASTIC BLOW MOLDING MACHINE MARKET KEY PLAYERS- DETAILED COMPETITIVE INSIGHTS
- GOLFANG Mfg. & Development Co., Ltd
- Chia Ming Machinery Co., Ltd
- BLOW ENTERPRISES
- Jagmohan Pla-Mach Pvt. Ltd
- Jiangsu victor machinery co., LTD
- NISSEI ASB MACHINE CO., LTD
- Jomar Corp
- Polymechplast Machines Ltd
- Sumitomo Heavy Industries, Ltd
- The Japan Steel Works, LTD
GLOBAL PLASTIC BLOW MOLDING MACHINE MARKET, BY TECHNOLOGY- MARKET ANALYSIS, 2019 - 2032
- Injection Stretch
- Injection
- Extrusion
GLOBAL PLASTIC BLOW MOLDING MACHINE MARKET, BY END-USE- MARKET ANALYSIS, 2019 - 2032
- Automotive
- Packaging
- Medical
- Electronics
- Consumer Goods
- Construction
- Others
GLOBAL PLASTIC BLOW MOLDING MACHINE MARKET, BY REGION- MARKET ANALYSIS, 2019 - 2032
- North America
- The U.S.
- Canada
- Europe
- Germany
- France
- Italy
- Spain
- United Kingdom
- Russia
- Netherlands
- Sweden
- Poland
- Rest of Europe
- Asia Pacific
- India
- China
- South Korea
- Japan
- Australia
- Thailand
- Indonesia
- Philippines
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Colombia
- Rest of LATAM
- The Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Israel
- Turkey
- Algeria
- Egypt
- Rest of MEA
TABLE OF CONTENT
1. Plastic Blow Molding Machine Market Overview
1.1. Study Scope
1.2. Market Estimation Years
2. Executive Summary
2.1. Market Snippet
2.1.1. Plastic Blow Molding Machine Market Snippet by Technology
2.1.2. Plastic Blow Molding Machine Market Snippet by End-Use
2.1.3. Plastic Blow Molding Machine Market Snippet by Country
2.1.4. Plastic Blow Molding Machine Market Snippet by Region
2.2. Competitive Insights
3. Plastic Blow Molding Machine Key Market Trends
3.1. Plastic Blow Molding Machine Market Drivers
3.1.1. Impact Analysis of Market Drivers
3.2. Plastic Blow Molding Machine Market Restraints
3.2.1. Impact Analysis of Market Restraints
3.3. Plastic Blow Molding Machine Market Opportunities
3.4. Plastic Blow Molding Machine Market Future Trends
4. Plastic Blow Molding Machine Industry Study
4.1. PEST Analysis
4.2. Porter’s Five Forces Analysis
4.3. Growth Prospect Mapping
4.4. Regulatory Framework Analysis
5. Plastic Blow Molding Machine Market: COVID-19 Impact Analysis
5.1. Pre-COVID-19 Impact Analysis
5.2. Post-COVID-19 Impact Analysis
5.2.1. Top Performing Segments
5.2.2. Marginal Growth Segments
5.2.3. Top Looser Segments
5.2.4. Marginal Loss Segments
6. Plastic Blow Molding Machine Market Landscape
6.1. Plastic Blow Molding Machine Market Share Analysis, 2023
6.2. Breakdown Data, by Key Manufacturer
6.2.1. Established Players’ Analysis
6.2.2. Emerging Players’ Analysis
7. Plastic Blow Molding Machine Market – By Technology
7.1. Overview
7.1.1. Segment Share Analysis, By Technology, 2023 & 2032 (%)
7.1.2. Injection Stretch
7.1.3. Injection
7.1.4. Extrusion
8. Plastic Blow Molding Machine Market – By End-Use
8.1. Overview
8.1.1. Segment Share Analysis, By End-Use, 2023 & 2032 (%)
8.1.2. Automotive
8.1.3. Packaging
8.1.4. Medical
8.1.5. Electronics
8.1.6. Consumer Goods
8.1.7. Construction
8.1.8. Others
9. Plastic Blow Molding Machine Market– By Geography
9.1. Introduction
9.1.1. Segment Share Analysis, By Geography, 2023 & 2032 (%)
9.2. North America
9.2.1. Overview
9.2.2. Plastic Blow Molding Machine Key Manufacturers in North America
9.2.3. North America Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
9.2.4. North America Market Size and Forecast, By Technology, 2019 - 2032 (US$ Million)
9.2.5. North America Market Size and Forecast, By End-Use, 2019 - 2032 (US$ Million)
9.2.6. U.S.
9.2.6.1. Overview
9.2.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
9.2.6.3. U.S. Market Size and Forecast, By Technology, 2019 - 2032 (US$ Million)
9.2.6.4. U.S. Market Size and Forecast, By End-Use, 2019 - 2032 (US$ Million)
9.2.7. Canada
9.2.7.1. Overview
9.2.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
9.2.7.3. Canada Market Size and Forecast, By Technology, 2019 - 2032 (US$ Million)
9.2.7.4. Canada Market Size and Forecast, By End-Use, 2019 - 2032 (US$ Million)
9.3. Europe
9.3.1. Overview
9.3.2. Plastic Blow Molding Machine Key Manufacturers in Europe
9.3.3. Europe Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
9.3.4. Europe Market Size and Forecast, By Technology, 2019 - 2032 (US$ Million)
9.3.5. Europe Market Size and Forecast, By End-Use, 2019 - 2032 (US$ Million)
9.3.6. Germany
9.3.6.1. Overview
9.3.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
9.3.6.3. Germany Market Size and Forecast, By Technology, 2019 - 2032 (US$ Million)
9.3.6.4. Germany Market Size and Forecast, By End-Use, 2019 - 2032 (US$ Million)
9.3.7. Italy
9.3.7.1. Overview
9.3.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
9.3.7.3. Italy Market Size and Forecast, By Technology, 2019 - 2032 (US$ Million)
9.3.7.4. Italy Market Size and Forecast, By End-Use, 2019 - 2032 (US$ Million)
9.3.8. United Kingdom
9.3.8.1. Overview
9.3.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
9.3.8.3. United Kingdom Market Size and Forecast, By Technology, 2019 - 2032 (US$ Million)
9.3.8.4. United Kingdom Market Size and Forecast, By End-Use, 2019 - 2032 (US$ Million)
9.3.9. France
9.3.9.1. Overview
9.3.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
9.3.9.3. France Market Size and Forecast, By Technology, 2019 - 2032 (US$ Million)
9.3.9.4. France Market Size and Forecast, By End-Use, 2019 - 2032 (US$ Million)
9.3.10. Russia
9.3.10.1. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
9.3.10.2. Russia Market Size and Forecast, By Technology, 2019 - 2032 (US$ Million)
9.3.10.3. Russia Market Size and Forecast, By End-Use, 2019 - 2032 (US$ Million)
9.3.11. Netherlands
9.3.11.1. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
9.3.11.2. Netherlands Market Size and Forecast, By Technology, 2019 - 2032 (US$ Million)
9.3.11.3. Netherlands Market Size and Forecast, By End-Use, 2019 - 2032 (US$ Million)
9.3.12. Sweden
9.3.12.1. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
9.3.12.2. Sweden Market Size and Forecast, By Technology, 2019 - 2032 (US$ Million)
9.3.12.3. Sweden Market Size and Forecast, By End-Use, 2019 - 2032 (US$ Million)
9.3.13. Poland
9.3.13.1. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
9.3.13.2. Poland Market Size and Forecast, By Technology, 2019 - 2032 (US$ Million)
9.3.13.3. Poland Market Size and Forecast, By End-Use, 2019 - 2032 (US$ Million)
9.3.14. Rest of Europe
9.3.14.1. Overview
9.3.14.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
9.3.14.3. Rest of the Europe Market Size and Forecast, By Technology, 2019 - 2032 (US$ Million)
9.3.14.4. Rest of the Europe Market Size and Forecast, By End-Use, 2019 - 2032 (US$ Million)
9.4. Asia Pacific (APAC)
9.4.1. Overview
9.4.2. Plastic Blow Molding Machine Key Manufacturers in Asia Pacific
9.4.3. Asia Pacific Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
9.4.4. Asia Pacific Market Size and Forecast, By Technology, 2019 - 2032 (US$ Million)
9.4.5. Asia Pacific Market Size and Forecast, By End-Use, 2019 - 2032 (US$ Million)
9.4.6. India
9.4.6.1. Overview
9.4.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
9.4.6.3. India Market Size and Forecast, By Technology, 2019 - 2032 (US$ Million)
9.4.6.4. India Market Size and Forecast, By End-Use, 2019 - 2032 (US$ Million)
9.4.7. China
9.4.7.1. Overview
9.4.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
9.4.7.3. China Market Size and Forecast, By Technology, 2019 - 2032 (US$ Million)
9.4.7.4. China Market Size and Forecast, By End-Use, 2019 - 2032 (US$ Million)
9.4.8. Japan
9.4.8.1. Overview
9.4.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
9.4.8.3. Japan Market Size and Forecast, By Technology, 2019 - 2032 (US$ Million)
9.4.8.4. Japan Market Size and Forecast, By End-Use, 2019 - 2032 (US$ Million)
9.4.9. South Korea
9.4.9.1. Overview
9.4.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
9.4.9.3. South Korea Market Size and Forecast, By Technology, 2019 - 2032 (US$ Million)
9.4.9.4. South Korea Market Size and Forecast, By End-Use, 2019 - 2032 (US$ Million)
9.4.10. Australia
9.4.10.1. Overview
9.4.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
9.4.10.3. Australia Market Size and Forecast, By Technology, 2019 - 2032 (US$ Million)
9.4.10.4. Australia Market Size and Forecast, By End-Use, 2019 - 2032 (US$ Million)
9.4.11. Thailand
9.4.11.1. Overview
9.4.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
9.4.11.3. Thailand Market Size and Forecast, By Technology, 2019 - 2032 (US$ Million)
9.4.11.4. Thailand Market Size and Forecast, By End-Use, 2019 - 2032 (US$ Million)
9.4.12. Indonesia
9.4.12.1. Overview
9.4.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
9.4.12.3. Indonesia Market Size and Forecast, By Technology, 2019 - 2032 (US$ Million)
9.4.12.4. Indonesia Market Size and Forecast, By End-Use, 2019 - 2032 (US$ Million)
9.4.13. Philippines
9.4.13.1. Overview
9.4.13.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
9.4.13.3. Philippines Market Size and Forecast, By Technology, 2019 - 2032 (US$ Million)
9.4.13.4. Philippines Market Size and Forecast, By End-Use, 2019 - 2032 (US$ Million)
9.4.14. Rest of APAC
9.4.14.1. Overview
9.4.14.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
9.4.14.3. Rest of APAC Market Size and Forecast, By Technology, 2019 - 2032 (US$ Million)
9.4.14.4. Rest of APAC Market Size and Forecast, By End-Use, 2019 - 2032 (US$ Million)
9.5. Latin America
9.5.1. Overview
9.5.2. Plastic Blow Molding Machine Key Manufacturers in Latin America
9.5.3. Latin America Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
9.5.4. Latin America Market Size and Forecast, By Technology, 2019 - 2032 (US$ Million)
9.5.5. Latin America Market Size and Forecast, By End-Use, 2019 - 2032 (US$ Million)
9.5.6. Brazil
9.5.6.1. Overview
9.5.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
9.5.6.3. Brazil Market Size and Forecast, By Technology, 2019 - 2032 (US$ Million)
9.5.6.4. Brazil Market Size and Forecast, By End-Use, 2019 - 2032 (US$ Million)
9.5.7. Mexico
9.5.7.1. Overview
9.5.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
9.5.7.3. Mexico Market Size and Forecast, By Technology, 2019 - 2032 (US$ Million)
9.5.7.4. Mexico Market Size and Forecast, By End-Use, 2019 - 2032 (US$ Million)
9.5.8. Argentina
9.5.8.1. Overview
9.5.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
9.5.8.3. Argentina Market Size and Forecast, By Technology, 2019 - 2032 (US$ Million)
9.5.8.4. Argentina Market Size and Forecast, By End-Use, 2019 - 2032 (US$ Million)
9.5.9. Colombia
9.5.9.1. Overview
9.5.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
9.5.9.3. Colombia Market Size and Forecast, By Technology, 2019 - 2032 (US$ Million)
9.5.9.4. Colombia Market Size and Forecast, By End-Use, 2019 - 2032 (US$ Million)
9.5.10. Rest of LATAM
9.5.10.1. Overview
9.5.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
9.5.10.3. Rest of LATAM Market Size and Forecast, By Technology, 2019 - 2032 (US$ Million)
9.5.10.4. Rest of LATAM Market Size and Forecast, By End-Use, 2019 - 2032 (US$ Million)
9.6. Middle East and Africa
9.6.1. Overview
9.6.2. Plastic Blow Molding Machine Key Manufacturers in Middle East and Africa
9.6.3. Middle East and Africa Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
9.6.4. Middle East and Africa Market Size and Forecast, By Technology, 2019 - 2032 (US$ Million)
9.6.5. Middle East and Africa Market Size and Forecast, By End-Use, 2019 - 2032 (US$ Million)
9.6.6. Saudi Arabia
9.6.6.1. Overview
9.6.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
9.6.6.3. Saudi Arabia Market Size and Forecast, By Technology, 2019 - 2032 (US$ Million)
9.6.6.4. Saudi Arabia Market Size and Forecast, By End-Use, 2019 - 2032 (US$ Million)
9.6.7. United Arab Emirates
9.6.7.1. Overview
9.6.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
9.6.7.3. United Arab Emirates Market Size and Forecast, By Technology, 2019 - 2032 (US$ Million)
9.6.7.4. United Arab Emirates Market Size and Forecast, By End-Use, 2019 - 2032 (US$ Million)
9.6.8. Israel
9.6.8.1. Overview
9.6.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
9.6.8.3. Israel Market Size and Forecast, By Technology, 2019 - 2032 (US$ Million)
9.6.8.4. Israel Market Size and Forecast, By End-Use, 2019 - 2032 (US$ Million)
9.6.9. Turkey
9.6.9.1. Overview
9.6.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
9.6.9.3. Turkey Market Size and Forecast, By Technology, 2019 - 2032 (US$ Million)
9.6.9.4. Turkey Market Size and Forecast, By End-Use, 2019 - 2032 (US$ Million)
9.6.10. Algeria
9.6.10.1. Overview
9.6.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
9.6.10.3. Algeria Market Size and Forecast, By Technology, 2019 - 2032 (US$ Million)
9.6.10.4. Algeria Market Size and Forecast, By End-Use, 2019 - 2032 (US$ Million)
9.6.11. Egypt
9.6.11.1. Overview
9.6.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
9.6.11.3. Egypt Market Size and Forecast, By Technology, 2019 - 2032 (US$ Million)
9.6.11.4. Egypt Market Size and Forecast, By End-Use, 2019 - 2032 (US$ Million)
9.6.12. Rest of MEA
9.6.12.1. Overview
9.6.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
9.6.12.3. Rest of MEA Market Size and Forecast, By Technology, 2019 - 2032 (US$ Million)
9.6.12.4. Rest of MEA Market Size and Forecast, By End-Use, 2019 - 2032 (US$ Million)
10. Key Vendor Analysis- Plastic Blow Molding Machine Industry
10.1. Competitive Dashboard
10.2. Company Profiles
10.2.1. GOLFANG Mfg. & Development Co., Ltd
10.2.2. Chia Ming Machinery Co., Ltd
10.2.3. BLOW ENTERPRISES
10.2.4. Jagmohan Pla-Mach Pvt. Ltd
10.2.5. Jiangsu victor machinery co., LTD
10.2.6. NISSEI ASB MACHINE CO., LTD
10.2.7. Jomar Corp
10.2.8. Polymechplast Machines Ltd
10.2.9. Sumitomo Heavy Industries, Ltd
10.2.10. The Japan Steel Works, LTD
11. 360 Degree Analyst View
12. Appendix
12.1. Research Methodology
12.2. References
12.3. Abbreviations
12.4. Disclaimer
12.5. Contact Us
