Global Pet Stretch Blow Molding Machines Market Size By Technology Type, By End-Use, By Geographic Scope And Forecast
PET Stretch Blow Molding Machines Market Size And Forecast
PET Stretch Blow Molding Machines Market was valued at USD 621.87 million in 2019 and is projected to reach USD 725.63 million by 2027, growing at a CAGR of 2.1% from 2020 to 2027.
Global Pet Stretch Blow Molding Machines Market Overview
PET stretch blow molding machines are primarily used in the production of bottles and containers, hence it witnesses a significant growth from the beverage industry. With growing Food ; beverage industry the scope for PET stretch blow molding machines market is also increasing. Furthermore, the lack of access to potable water is a major issue in various parts of the globe. Thus, the demand for bottled water has increased. The overall demand for PET bottles has enabled growth in the concentration of PET stretch blow molding machine producers in many regions. The two step PET stretch blow molding machines have increased the capability of producers to produce stretch blow molded products at very high speed in large quantities, cost-effectively.
Global PET Stretch Blow Molding Machines Market: Segmentation Analysis
The Global PET Stretch Blow Molding Machines Market is segmented based on Technology Type, End Use, and Geography
Key Players In PET Stretch Blow Molding Machines Market
The Global PET Stretch Blow Molding Machines Market study report will provide a valuable insight with an emphasis on the global market. The major players in the market are
- Krones AG
- Sacmi Imola S.C.
- Nissei ASB Machine Co., Ltd.
- SMI S.p.A.
- Guangzhou Tech-Long Packaging Machinery Co., Ltd.
- KENPLAS Industry Ltd.
- W. Amsler Equipment Inc.
- Zhejiang Huangyan Lingma Plastic Machinery Co., Ltd.
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