PET Preform Machine Market: Current Trends and Future Aspect Analysis with Forecast

Use of PET preforms machine adds an advantage for product manufacturers as it allows to offset the fluctuation in market demand for beverages and bottled water. Moreover, increasing sales of packaged goods and consumer preference for products packed in small quantity has increased the use of PET for packaging and positively influencing PET preform machine market. High speed and application in various end-use industries of PET preform machines are some other factors supporting the growth in PET preform machine market.

However, high cost associated with PET preform machines may hamper the growth in PET preform machine market. Diminishing gap between the cost of single step PET blow molding machines and PET preform machine may further limit the use of PET preform machine.

PET Preform Machine Market – Key Players:

Some major players of PET preform machine market are Magnum Group, Polymechplast Machines Ltd., Husky Injection Molding Systems Ltd., Toshiba Machine Co Ltd, Netstal-Maschinen AG, S.I.P.A. S.p.A, Global Plastech, Sacmi Imola S.C., Nissei Asb Machine Co., Ltd., Demark (Shanghai) Packaging Technology Co., Ltd., Pet All Manufacturing Inc., Iboplast Srl, OiMA, Ningbo Hautek Industries Co., Ltd., Powerjet Plastic Machinery Co., Ltd. and L&t-demag Plastics Machinery Ltd.

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PET Preform Machine Market: Company Developments and Industry Level Trends

Husky Injection Molding Systems Ltd. has innovated new multilayer preform technology for improving the barrier properties of its PET products.

S.I.P.A. S.p.A has developed world’s first PET preform machines for producing PET inline preforms

PET preform machinery manufacturers are focusing on developing systems suitable for producing light weight PET preforms, without altering the performance of the bottle, as the packaging industry is reducing its carbon footprint.

There have been technological advancements in PET preform machine market. With the development of electric press machine technology, manufacturers are now capable of reducing operation costs by cutting energy consumption.

APAC region is expected to lead PET preforms machine market as the region has highest sales for PET bottles. China has the highest consumption of PET bottles; the country has consumption of about 73.8 Bn water bottles for 2016. North America is expected to follow the APAC region in PET Preform machine market as the region accounts for the highest imports in bottle blowing machine market.

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