The market for PET blow moulders in North America is anticipated to reach US$ 57.3 million by 2026, at a CAGR of 4.0% from 2022 to 2026, from an estimated US$ 49 million in 2022. The PET blow molding process is used for the production of plastic bottles and containers, and it is widely used in the food and beverage industry. The market growth is driven by the increasing demand for plastic packaging, especially for beverages and personal care products.
One of the major factors driving the growth of the North America PET blow molder market is the growing demand for sustainable packaging solutions. PET bottles are recyclable and can be used to produce new products, reducing the environmental impact of plastic waste. The increasing awareness about sustainability and the implementation of stringent regulations regarding plastic waste management are further fueling the demand for PET blow molded products.
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Another important factor contributing to the growth of the market is the growing demand for bottled water and carbonated soft drinks. The food and beverage industry is the largest end-user of PET blow molded products, and the increasing demand for bottled water and carbonated soft drinks is driving the demand for PET bottles. Additionally, the increasing use of PET bottles for packaging of personal care and household products is further driving the market growth.
However, the market growth is constrained by the availability of alternative packaging solutions such as glass, metal, and paper-based packaging. These materials are often considered to be more eco-friendly than plastic, and their adoption may limit the growth of the PET blow molder market.
In conclusion, the North America PET blow molder market is expected to experience significant growth in the coming years driven by the increasing demand for sustainable packaging solutions and the growing demand for bottled water and carbonated soft drinks. However, the market growth may be constrained by the availability of alternative packaging solutions.
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Competitive Landscape
Manufacturers are diversifying towards various applications in the food and beverage, and pharmaceutical industries to reduce the risk of failure in the PET blow molder market. Key manufacturers operating in the PET blow molder market are focusing on producing lighter-weight and sustainable PET containers. Key manufacturers in the PET blow molder market are using expansion and mergers as the primary tool to expand their market share in the competitive arena.
- In December 2018, R&B Plastics Machinery, one of the leading PET blow molder market players collaborated with Sika, a custom blow molding machine maker in Taiwan and Seecor, a technology company based in South Africa for production of electric, hydraulic and hybrid blow molding machines.
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Key Players:
- PET ALL Manufacturing Inc.
- R&B Plastics Machinery, LLC
- Amsler Equipment Inc.
- SIPA North America Inc.
- Nissei ASB Company
- Milacron Holdings Corporation
- Sidel
North America PET Blow Molder Market by Category
By Machine Type :
- Extrusion Blow Molding Machine
- Injection Blow Molding Machine
- Stretch Blow Molding Machine
By Technology Type :
- Manual
- Automatic
- Semi-Automatic
By End Use :
- Food & Beverage
- Pharmaceuticals
- Personal Care
- Others
By Country :
- U.S.
- Canada
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