Blow molded containers are synthesized through the process of ‘blow molding’, wherein a plastic tube is heated and is supplied with air till it essentially forms a balloon of hot plastic, named as ‘parison’. A mold is clamped around this balloon-like structure, whereas air continues to mold the parison into a particular shape.
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.
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Blow Molded Containers Market Characterized by Proliferation of Tier II Players in Asia Pacific
The blow molded containers market is marked by high levels of fragmentation, with Asia Pacific particularly home to a large number of Tier II companies. These blow molded container companies are specifically focusing on increasing their market share through cost-effective offerings. The product and business strategy of Tier II companies is also aligned on launching cheaper alternatives to the market. The Tier II companies are also focusing on capacity expansion to cater to the growing demand for blow molded containers.
Blow Molded Container Manufacturers Focusing on Production Optimization to Reinvigorate Potential
Manufacturers continue to emphasize on optimized production of high-quality blow molded containers. The pervasive trend of fine-tuning production is triggering the development of new technologies into the current framework. Moreover, further requirements for energy savings and mitigating excess material consumption is also gaining centerstage among manufacturers in the blow molded containers market, thereby encouraging integration of efficient technologies into the manufacturing assemblies. For instance, the pervasive trend of integrating pneumatic systems into blow molding machines for real-time monitoring of the manufacturing process is one of such technological breakthroughs. With such technologies mainstreaming in the blow molded containers market, it is highly likely that manufacturers might revise their manufacturing framework and associated strategies for attaining long-term sustainable benefits.
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Foam Blow Molding Technology Gaining Traction Owing to its Feasibility in Cost-minimization
The evolving ‘foam blow molding technology’ is gaining adoption among end-users on account of the broader focus on sustainability and environmental conservation. This technology offers high potential with regard to cost-effectiveness, as it enables production of light-weight containers with reduced plastic usage. In addition to that, this technology also fuels an additional cost-saving potential for the market players of blow molded containers in terms of transportation. As the freight cost involved in shipping of light-weight containers will be considerably less, manufacturers of blow molded containers are looking forward to rely on this technology to maximize their profits. For instance, leading players in the packaging industry such as Packaging Technologies Inc. and ALPLA Group are proactively investing on the incorporation of foam blow molding technology.
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.
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Blow Molded Containers Market Highlighting Regional Revenue Share Dominance during 2018-2028
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