PET Preform Machine Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2028

PET Preform Machine Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2028

  • Transparency Market Research
  • February 2038
  • Packaging
  • 0 pages

Report Description

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Despite many technological advancements, flexible packaging is not as efficient as rigid packaging in the handling of liquid products. PET being the nonhazardous, U.S. and European food & drug administration approved material, is used extensively for liquid packaging. PET preforms machines are used for manufacturing of PET bottles for beverages, bottled water, consumer goods, chemicals, pharmaceuticals and personal care & cosmetics end-use industries.

Production of PET bottle has risen from 300 Bn unit to 480 Bn during the last decade and is expected to expand further at CAGR of 4% during next decade and with the increasing demand for PET bottles, sales of PET preform machines is also expected to grow during the forecast period.

PET Preform Machine Market: Market Dynamics

Use of PET preforms machine adds an advantage for product manufacturers as it allows to offset the fluctuation in market demand for beverages and bottled water. Moreover, increasing sales of packaged goods and consumer preference for products packed in small quantity has increased the use of PET for packaging and positively influencing PET preform machine market. High speed and application in various end-use industries of PET preform machines are some other factors supporting the growth in PET preform machine market. However, high cost associated with PET preform machines may hamper the growth in PET preform machine market. Diminishing gap between the cost of single step PET blow molding machines and PET preform machine may further limit the use of PET preform machine.

PET Preform Machine MarketCompany Developments and Industry Level Trends

Husky Injection Molding Systems Ltd. has innovated new multilayer preform technology for improving the barrier properties of its PET products.

S.I.P.A. S.p.A has developed world’s first PET preform machines for producing PET inline preforms

PET preform machinery manufacturers are focusing on developing systems suitable for producing light weight PET preforms, without altering the performance of the bottle, as the packaging industry is reducing its carbon footprint.

There have been technological advancements in PET preform machine market. With the development of electric press machine technology, manufacturers are now capable of reducing operation costs by cutting energy consumption.

PET Preform Machine MarketMarket Segmentation

PET preform machine market is segmented by technology type, by orientation type, application type and end use industry.

Based on the technology type, PET preform machine market is segmented into:

  • Hydraulic
  • Mechanical
  • Electric
  • Pneumatic

Based on the orientation type, PET preform machine market is segmented into:

  • Linear
  • Rotary

Based on the application type, PET preform machine market is segmented into:

  • Returnable Bottles
  • Non-Returnable Bottles
  • Multilayer Bottles

Based on the end use industry, PET preform machine market is segmented into:

  • Beverages
  • Bottled water
  • Consumer Goods
  • Chemicals
  • Pharmaceuticals
  • Personal care & Cosmetics

PET Preform Machine Market - Regional Outlook:

Regionally global PET preform machine market is segmented into

  • North America
  • Latin America
  • Eastern Europe
  • Western Europe
  • Asia-Pacific excluding Japan (APEJ)
  • Middle East & Africa (MEA)
  • Japan

APAC region is expected to lead PET preforms machine market as the region has highest sales for PET bottles. China has the highest consumption of PET bottles; the country has consumption of about 73.8 Bn water bottles for 2016. North America is expected to follow the APAC region in PET Preform machine market as the region accounts for the highest imports in bottle blowing machine market. MEA region is expected to contribute a small but rapidly growing market share in PET preform market as the sales of bottled water is expanding at a CAGR of 10% in Saudi Arabia and other bordering countries in the region. The consumption of bottled water is estimated to reach to 21 billion liters by the year 2020 in GCC region. Due to the high concentration of German and Italian PET preform machine manufacturers, Europe PET preform machine market is expected to grow moderately during the forecast period.

PET Preform Machine Market - Key Players:

Some major players of PET preform machine market are Magnum Group, Polymechplast Machines Ltd., Husky Injection Molding Systems Ltd., Toshiba Machine Co Ltd, Netstal-Maschinen AG, S.I.P.A. S.p.A, Global Plastech, Sacmi Imola S.C., Nissei Asb Machine Co., Ltd., Demark (Shanghai) Packaging Technology Co., Ltd., Pet All Manufacturing Inc., Iboplast Srl, OiMA, Ningbo Hautek Industries Co., Ltd., Powerjet Plastic Machinery Co., Ltd. and L&t-demag Plastics Machinery Ltd.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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