Stretch blow molding is a process used to produce thin-walled plastic containers such as bottles, jars and jugs. The process involves stretching a heated plastic preform over a blow mold to create the desired shape. The plastic is then rapidly cooled, resulting in a rigid, hollow container.
Stretch blow molding is used to manufacture a wide range of containers, including those for bottled water, carbonated soft drinks, juices, beer, edible oils, pharmaceuticals, and cosmetics. The process is highly efficient and cost-effective, and is used by many of the world’s leading brands.
The global stretch blow molding machine market is projected to expand at a healthy CAGR during the forecast period owing to the increasing demand for lightweight, durable, and cost-effective containers from the food and beverage industry. The growing demand for plastic packaging has been driving the demand for stretch blow molding machines across the globe. Additionally, technological advancements in the machinery are expected to further propel the market growth.
The global Stretch Blow Molding Machine market was valued at US$ 2155.1 million in 2022 and is anticipated to reach US$ 2715.4 million by 2029, witnessing a CAGR of 3.3% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
A detailed market research report on Global Stretch Blow Molding Machine Market available at: https://www.themarketreports.com/report/global-stretch-blow-molding-machine-market-research-report
This report aims to provide a comprehensive presentation of the global market for Stretch Blow Molding Machine, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Stretch Blow Molding Machine.
The major global companies of Stretch Blow Molding Machine include SIDEL, Krones, KHS, Sipa, AOKI, Urola, SMF, Nissei ASB Machine, Chumpower, ZQ Machinery, Guangzhou Tech-Long Packaging Machinery, Leshan, CHIA MING MACHINERY, Powerjet, Eceng Machine, Parker etc. In 2021, the world’s top three vendors accounted for approximately % of the revenue.
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