Blow Molded Containers Market Provides an In-Depth Insight of Sales and Trends, Forecast to 2028

Posted on 2019-08-02 by Mark Hub in Internet & Online // 0 Comments

The research study on blow molded containers market offers a holistic evaluation of the industry dynamics with regard to both current scenario as well as futuristic projections. The data points featured in the blow molded containers report have been gleaned by leveraging on proven research approaches and assumptions. The research report on blow molded containers market serves as an exhaustive repository consisting of all the focal points necessary to gauge the industry growth of blow molded containers market.

A wide-range of discrete aspects, ranging from shift toward sustainability to rising demand for puncture-resistant packaging solutions, are likely to underpin the growth of blow molded containers market during the assessment period. Demand for blow molded containers continues to be influenced by their resistance to abrasion and high recyclability. Growing popularity of single-serve beverages and convenience foods is also likely to create sustained opportunities for blow molded containers market players during the assessment period. The report opines that market players offering customized and proprietary containers in a wide-range of shapes are likely to achieve long-term customer retention.

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As per the research study, the tier 2 players in the blow molded containers market are focusing on introducing new products with advanced features and providing economical alternatives to consolidate their market stronghold. Furthermore, the tier 3 players in the blow molded containers market are focusing on gaining much-needed recognition in the marketplace and are investing on devising robust marketing strategies to achieve the same. The report also enunciates about key differential strategies adopted by the market players of blow molded containers in a bid to gain competitive advantages. Emphasis on vertical integration and use of bio-plastics are outlined as some of the key strategies adopted by the stakeholders of blow molded containers market.

The report opines that the advent of advanced technologies, such as 3-D printing and accumulator head blow molding technique, are likely to diversify growth trajectory of the industry. While diverse regulations and legislations will continue to govern the market space, blow molded containers with quality assurances such as Food Safety HACCP-9000 will gain substantial prominence, unveils the report. The report also states that the blow molded containers market might be subjected to intense competition from alternative packaging solutions such as liquid cartons, plastic pouches, which might confine the adoption rate of blow molded products across the globe.

Competitive Landscape

The research study on blow molded containers market features prominent players on the basis of multiple facets, ranging from revenue shares to geographical presence. Some of the key players included in the research study on blow molded containers market are Amcor Limited, RETAL Industries Ltd., Greif, Inc., Mauser Group B.V., O. Berk Company LLC, Alpha Packaging, Blow Molded Specialties Inc. In order to consolidate their market position, key players are focusing on multiple differential strategies, ranging from investing in R&D efforts to forming strategic collaborations, for attaining competitive advantage in the blow molded containers market.

Amcor Limited, a leading player in the blow molded containers market, launched LiquiForm® technology with the commercialization of the first consumer package, which can potentially curtail carbon footprint associated with filling & packaging.

RETAL Industries Ltd., a key player in the blow molded containers market, invested €4m to extend its Lithuania APET film and caps plant to solidify its production capacities.

Alpha Packaging, a prominent player in the blow molded containers market, specializes in extrusion blow molding, injection blow molding, and injection stretch blow molding. Moreover, it also offers various standard colors for both PET as well as HDPE packaging.

APEX Plastics, a prominent player in the blow molded containers market, bought a new extrusion blow molding machine for installation at its production facility located in Missouri, US.

Additional Questions Answered

Some of the additional questions answered in the report on blow molded containers market include-

What are the various sustainability strategies adopted by key players in the blow molded containers market to strengthen their foothold?
Which region will dominate the blow molded containers market in terms of revenue and which segment will exhibit fastest growth?
What are the untapped opportunities pervasive in the blow molded containers market and the subsequent analysis?

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