The North America PET blow moulders market is predicted to grow from an estimated US$ 49 million in 2022 to US$ 57.3 million by 2026, at a CAGR of 4.0% from 2022 to 2026. Plastic bottles and containers are created using the PET blow moulding method, which is used in the food and beverage sector. The market is expanding as a result of the rising demand for plastic packaging, particularly for food and personal care items.
The increasing demand for environmentally friendly packaging options is one of the main factors behind the growth of the North American PET blow moulder market. PET bottles can be recycled and utilised to make new goods, minimising the negative effects of plastic waste on the environment. The demand for PET blow-molded products is being further fueled by rising sustainability consciousness and the enforcement of strict rules governing the handling of plastic waste.
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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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