Blow Molding Pet Bottle Preform Have Broad Prospects

Posted by preform nicole on September 7th, 2018

The market for blow molded Pet Bottle Preformm is optimistic, production is growing further, demand for value-added products is increasing, and recyclable materials are used to shape the landscape. In 2017, the demand for blow molded bottles was 189 billion units, up from 176 billion units in 2013. The fastest growing segment is sweet and delicious wine and pure water.
In some food applications, the penetration of plastics is increasing due to opportunities for brand development. Where plastic bottle penetration is already high, such as in home care products, the competitive battlefield will focus on competition between materials and formats, supply chain efficiency and quality brand opportunities.
Sustainability is becoming more and more important and it has been on the agenda of all important brand owners and their suppliers. Most countries have long-term sustainability goals, including ways to reduce, reuse and recycle packaging. Emphasis on the weight reduction of packaging has adversely affected polymer demand and has also driven the development of better performing materials and technologies. The use of PET and HDPE recyclables is becoming more and more important, but will accelerate now.
As price pressures increase, supply chains are forced to maximize operational efficiency and minimize costs. Brand owners are reducing the role of converters by increasingly controlling polymer sourcing, gaining competitiveness in pet blowing machine and injection molding, and achieving cost transparency through self-manufacturing. As value capture decreases, converters are becoming experts and reducing costs by operating fewer sites. Some players have focused their development efforts on their preform business, focusing on how to add value, such as focusing on barrier technology.