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Latin America Bottle Blowing Machine Industry Market Dynamics & Strategic Insights (2023 – 2031)
The Bottle Blowing Machine Market is expected to grow at a CAGR of 2.24% during the forecasted period of 2020-2025. The market growth is mainly driven by the growing consumer preferences for the bottled water from the end user across Latin America. Additionally, rising usage in the chemical bottle application is pushing the demand for blowing machine market across emerging economies from the Latin America Region. Increasing urbanization and growing industry clusters have resulted in penetration of such machines especially in providing the cost-effective packaging option. The benefits its high proficiency, precision and usefulness in various end use industry has pushed the growth of the market during the forecasted period.
The Bottle Blowing Machine Market is witnessing a substantial growth across end-user industries especially in the developing nations. The Latin America Bottle Blowing Machine Market is expected to reach USD 143.1 Million by 2025 from USD 125.6 Million in 2019, at a CAGR of 2.24% from 2020 to 2025.
Brazil was holding the 33% of market share in 2019. The key reason for the Brazil dominance is the availability of the resources along with the growing industrial clusters in the region. The demand for the packaged beverages such as soft-drinks, water and other beverages from the growing young population is pushing marketer to add new products under portfolio in order to cater the changing demand in cost effective manner. Mexico and Argentina are ranked 2nd & 3rd highest market in the Latin America region and anticipated to grow strongly in the coming years.
The Latin America Bottle Blowing Machine Market is segmented on the basis of Product Types, By Application, and by Region. The Semi-Automatic Machine Type holds the 70% of market share in 2019. And is expected to be growing at a CAGR of 2.00% in the forecasted period.
The Bottle Blowing Machine Market by Application is segmented into Chemicals and Materials, Pharmaceutical, Packaged Beverages & other industry. Packaged Beverages holds more than 50% of market share and is estimated to grow at a CAGR of 2.45% in the forecasted period due to increased demand for the bottled water, and other beverages from the end users in the region.
Key companies profiled in the report are Ѕіdеl, Кrоnеѕ Grоuр, Јоmаr Соrр, КНЅ, Аоkі Тесhnісаl Lаbоrаtоrу, Тесh-Lоng, Сhіа Міng Масhіnеrу, NІЅЅЕІ АЅВ МАСНІNЕ, ЅІРА ѕра, ЅМF Маѕсhіnеnfаbrіk, Веrlіnеr Кunѕtѕtоff Маѕсhіnеn, Grаhаm Еngіnееrіng Соrроrаtіоn, Ноng Коng ТоngЅhеng Grоuр, Аkеі Ноldіngѕ, РАRКЕR РLАЅТІС МАСНІNЕRY, ZQ Масhіnеr, Guаngdоng Lеѕhаn, ЈАЅU Іntеrnаtіоnаl Масhіnеrу Grоuр, Quіnkо (Fuјіаn) Масhіnеrу, and Nеwаmѕtаr Расkаgіng Масhіnеrу. The frequent new product launches to stay dynamic in this competitive market is a major driver for the key Bottle Blowing Machine Market providers by offering varied solutions to end users according to their changing demands. Similarly, strict regulations by government from various region has been identified by many international players and thus they have adopted key strategies such as expansion, mergers, acquisition to increase their operational presence. Adoption of Automation, IoT and Industry 4.0 are some of the other factors pushing marketers to enter in this vertical recently.
The market is analyzed across four geographical regions, namely, North America (U.S., Canada), Europe (UK, Germany, France and rest of Europe), Asia-Pacific (China, Japan, India and Rest of Asia-Pacific), and RoW (Latin America, Middle East and Africa). North America region was holding the highest market share of about 37% in 2019. The Asia Pacific region due to increased industrialization, and increased population base especially from Chinese and Indian market is pushing the market growth. With a stringent regulation and high cost including import duties are some of the key factors holding Bottle Blowing Machine Market in the region. It is expected that at a country level, the U.S. will account for the majority of the market revenue by 2025.
The Bottle Blowing Machine Market is witnessing a substantial growth across end-user industries especially in the developing nations. The Latin America Bottle Blowing Machine Market is expected to reach USD 143.1 Million by 2025 from USD 125.6 Million in 2019, at a CAGR of 2.24% from 2020 to 2025.
Brazil was holding the 33% of market share in 2019. The key reason for the Brazil dominance is the availability of the resources along with the growing industrial clusters in the region. The demand for the packaged beverages such as soft-drinks, water and other beverages from the growing young population is pushing marketer to add new products under portfolio in order to cater the changing demand in cost effective manner. Mexico and Argentina are ranked 2nd & 3rd highest market in the Latin America region and anticipated to grow strongly in the coming years.
The Latin America Bottle Blowing Machine Market is segmented on the basis of Product Types, By Application, and by Region. The Semi-Automatic Machine Type holds the 70% of market share in 2019. And is expected to be growing at a CAGR of 2.00% in the forecasted period.
The Bottle Blowing Machine Market by Application is segmented into Chemicals and Materials, Pharmaceutical, Packaged Beverages & other industry. Packaged Beverages holds more than 50% of market share and is estimated to grow at a CAGR of 2.45% in the forecasted period due to increased demand for the bottled water, and other beverages from the end users in the region.
Key companies profiled in the report are Ѕіdеl, Кrоnеѕ Grоuр, Јоmаr Соrр, КНЅ, Аоkі Тесhnісаl Lаbоrаtоrу, Тесh-Lоng, Сhіа Міng Масhіnеrу, NІЅЅЕІ АЅВ МАСНІNЕ, ЅІРА ѕра, ЅМF Маѕсhіnеnfаbrіk, Веrlіnеr Кunѕtѕtоff Маѕсhіnеn, Grаhаm Еngіnееrіng Соrроrаtіоn, Ноng Коng ТоngЅhеng Grоuр, Аkеі Ноldіngѕ, РАRКЕR РLАЅТІС МАСНІNЕRY, ZQ Масhіnеr, Guаngdоng Lеѕhаn, ЈАЅU Іntеrnаtіоnаl Масhіnеrу Grоuр, Quіnkо (Fuјіаn) Масhіnеrу, and Nеwаmѕtаr Расkаgіng Масhіnеrу. The frequent new product launches to stay dynamic in this competitive market is a major driver for the key Bottle Blowing Machine Market providers by offering varied solutions to end users according to their changing demands. Similarly, strict regulations by government from various region has been identified by many international players and thus they have adopted key strategies such as expansion, mergers, acquisition to increase their operational presence. Adoption of Automation, IoT and Industry 4.0 are some of the other factors pushing marketers to enter in this vertical recently.
The market is analyzed across four geographical regions, namely, North America (U.S., Canada), Europe (UK, Germany, France and rest of Europe), Asia-Pacific (China, Japan, India and Rest of Asia-Pacific), and RoW (Latin America, Middle East and Africa). North America region was holding the highest market share of about 37% in 2019. The Asia Pacific region due to increased industrialization, and increased population base especially from Chinese and Indian market is pushing the market growth. With a stringent regulation and high cost including import duties are some of the key factors holding Bottle Blowing Machine Market in the region. It is expected that at a country level, the U.S. will account for the majority of the market revenue by 2025.
Scope:
| Report Data | Market |
| Forecast 2022 | million/billion (2022-2032) |
| CAGR - | % |
| Analysis Period | - |
| Base Year | |
| Forecast Data | - |
| Segments Covered | By Type, By Application, And by Regions |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
| Key Companies Profiled | . |
| Key Segments | By Type By Applications |
| Report Coverage | Market Drivers, Market Trends, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis |
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The is to grow at a CAGR of 5.3% during the forecast by 2032.
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On the basis of type, the is segmented into Types.
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