Hi, what are you looking for?

The PET blow moulder market in the United States is likely to be driven by dynamic developments in the packaging sector and an increase in the number of bottled consumer products.–In 2016, the United States had a revenue share of just over 70% in the North American PET blow moulder market, and it is predicted to increase by 110 basis points by 2026. Over the assessment period, the United States is expected to grow at a rapid Y-o-Y rate of close to 4%.

The booming food and beverage business in the United States and Canada need increased plastic container manufacture. A wide range of carbonated and non-carbonated drinks have been developed over time in North America, some of which have gone on to conquer the world. Manufacturers of various beverages and foods continue to seek customised bottles for packaging since their distinctive designs supplied the requisite brand recognition. PET blow moulders have thus become an important piece of industrial machinery in North America.

Request Sample Report @ https://www.futuremarketinsights.com/reports/sample/rep-na-3534

The report encompasses crucial market dynamics, pricing trends, demand-supply proportions, growth-driving forces, market restraining factors, and limitations in the PET Blow Moulder Market. Furthermore, the report reviews their financial status by assessing gross margin, profit, sales volume, production cost, pricing structure, revenue, and growth rate. The report displays emerging trends along with major drivers, challenges, and opportunities in the global market. The PET Blow Moulder Market is highly fragmented and has its presence across the globe.

The PET blow moulder market in the U.S. is estimated to be valued at more than US$ 25 Mn in 2017 and is likely to record a CAGR of 4.5% from 2016 to 2026 to reach a little more than US$ 40 Mn by 2026. In terms of value, the U.S market is expected to represent an incremental opportunity of more than US$ 15 Mn and grow 1.6X during the forecast period.

Factors Restraining the Demand for PET Blow Molders in North America

The report, titled “PET Blow Molder Market: North America Industry Analysis and Opportunity Assessment, 2016-2026,” has compiled multiple factors impacting the growth in demand for PET blow molders in North America. Higher preference to PET bottles by manufacturers of packaged drinking water is expected to drive the demand for PET blow molders in the region. But, the key restraints for North America’s PET blow molder market include:

Request  TOC @ https://www.futuremarketinsights.com/toc/rep-na-3534

Companies such as PET All Manufacturing Inc., R& B Plastics Machinery, LLC, Amsler Equipment, Inc., SIPA North America Inc., Nissei ASB Company, Milacron Holdings Corporation, Sidel, Jomar Corporation, Custom-Pak Inc., and Tech-Long Inc. are leading manufacturers of PET blow molders, based across the US and Canada. The PET blow molder market in North America is split into these two countries, where US is projected to remain the dominant country by procuring over 70% of gross revenues throughout the forecast period.

On the basis of molding technologies, in 2016, injection blow molding technology accounted for revenues worth nearly US$ 17 Mn. This technology will continue to dominate the market revenues in the years to come. Demand for automatic PET blow molders will also gain traction, exhibiting a market revenue share of whopping 93.6% by 2026-end. The report also reveals that pharmaceuticals and personal care application of PET blow molders will showcase revenue growth above 4.3% CAGR, while food & beverages continue to be largest application of PET blow molders in North America.

Ask an Analyst @ https://www.futuremarketinsights.com/askus/rep-na-3534

Protective Packaging Market–The protective packaging Market demand remains positive with the market forecast to rise at a CAGR of 4.8% from 2021 – 2031

Garbage Bag Market–High-performance characteristics and excellent tensile strength are anticipated to increase the market share of HDPE garbage bags. This segment accounted for a revenue share of close to 30% in the garbage bag market in Europe in 2016 and is likely to gain more than 100 basis points by 2026.

Micro Perforated Films Packaging Market–Changing lifestyle and urbanization have contributed to an increase in demand for food packaging which has led to the expansion of global micro perforated films packaging market. High growth is expected to continue as favorable reimbursement policies by governments create a conducive environment for micro perforated films uptake.

North America PET Blow Moulder Market–The U.S. accounted for a revenue share of a little more than 70% in the North America PET blow moulder market in 2016 and is expected to gain 110 basis points by 2026. The U.S. is likely to witness a rapid Y-o-Y growth rate of close to 4% over the period of assessment.

Dual Ovenable Lidding Films Market–The dual ovenable lidding films market registered strong growth with worldwide revenues up 5.0% in 2021. A new forecast by Future Market Insights (FMI) estimates that revenue will nearly double between 2021 and 2031, reaching nearly US$ 134.8 Mn in 2031 at a ten-year compound annual growth rate (CAGR) of 5.6%.

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact Us Unit No: 1602-006 Jumeirah Bay 2 Plot No: JLT-PH2-X2A

The post PET Blow Moulder Market In The United States Is Likely To Be Driven By Dynamic Developments In The Packaging Sector appeared first on Future Market Insights.

San Francisco was the home of the original Flower Power movement. California is also home to the Hollywood mythos, and Silicon Valley.

Finland gained independence from Russia in 1917, and was granted sovereignty over Aland in 1921.

Ukraine has depleted its Soviet and Russian-designed weaponry and is now dependent on allies for arms to defend against Russia's invasion.

The horrors of the bloodiest chapter so far in the Ukraine conflict are poignantly captured in the words and drawings of an eight-year-old boy.

COPYRIGHT © 1998 - 2022 DIGITAL JOURNAL INC. Digital Journal is not responsible for the content of external sites. Read more about our external linking.