Market Overview
Global Plastic Processing Machinery Market valued at USD 35,020 million in 2022, anticipated to reach a value of USD 51,150 million in 2033, growing at a CAGR of 4.85%.
Report Scope
Report Attributes | Description |
Market Forecast in 2022 | USD 35,020 Million |
Market Forecast in 2033 | USD 51,150 Million |
CAGR % 2023-2033 | 4.85% |
Base Year | 2022 |
Historic Data | 2020-2021 |
Forecast Period | 2023-2033 |
Report USP | Product Vehicle type, end-user industry, company share, company heatmap, company Material Technology Vehicle type capacity, growth factors and more |
Segments Covered | Product Type, Business Channel, Industry Vertical |
Regional Scope | North America, Europe, APAC, South America and Middle East and Africa |
Country Scope | U.S.; Canada; U.K.; Germany; France; Italy; Spain; Benelux; Nordic Countries; Russia; China; India; Japan; South Korea; Australia; Indonesia; Thailand; Mexico; Brazil; Argentina; Saudi Arabia; UAE; Egypt; South Africa; Nigeria |
Key Companies | Arburg GmbH, Brown Machine LLC, Crown Machines, Graham Engineering, Haitan International Holdings Ltd., Husky Injection Molding Systems, Lyle Industries, Negri Bossi S.P.A., Ningbo Haida Plastic Machinery and Toshiba Machine. |
Plastic Processing Machinery Market: Description
Plastic processing machinery refers to the equipment used for converting various types of plastics into semi-finished plastic products. Some of the commonly used plastic processing machines include plastic injection, extrusion, blow molding, vacuum forming and rotational molding.
They are used for producing simple to intricate designs while giving a desired shape and size to the plastic by using a rigid mold or frame. They are also used for the production of high-strength, low-weight, fuel-efficient and durable plastic components across various industries, including construction, automotive, packaging, electronics & electrical and agriculture.
Increase in need for plastics by the packaging industry drives the market growth. High consumption of packaged foods generates the need for plastics, which thereby fuels the demand for the global plastics processing machinery market. Besides, packaging industry, medical industry also contributes significantly to the increase in demand for the plastics processing machinery market, wherein plastics are required for manufacturing prosthetic tools and artificial limbs. High demands for plastic processing across manufacturing and packaging industry is expected to positively impact the growth of the market during the forecast period.
In the wake of the coronavirus pandemic, various industries across the globe have witnessed fundamental changes in their supply chains, consumer behaviours, and routes to market, due to the temporary closure of businesses and other restrictions being imposed to contain the virus. These factors created adverse impacts on many industrial processes, including on the production of plastic processing equipment. In 2020, however, the sales and production of plastics observed a significant increase in major countries like North America, despite the unprecedented health and economic challenges.
The growth of the market is driven by increased demand for plastics from the packaging industry. The need for plastics is generated by the high consumption of packaged foods, thereby fuelling demand for the global market for plastic processing machinery. The medical industry also holds a huge demand for plastic processing machinery because plastics are used to produce prosthetic tools and artificial limbs.
Global Plastic Processing Machinery Market- Segmental Analysis:
Product Type Insights
The Injection Molding Machine segment dominated the market in 2022, owing to associated benefits such as low cost, and robustness.
Business Channel Insights
The OEM segment led the global Plastic Processing Machinery market, in 2022 and is anticipated to grow at a significant CAGR by 2033.
Industry Vertical Insights
The Construction segment registered the highest growth in the market, in 2022 and is anticipated to grow at a significant CAGR by 2033.
Regional Insights
Global Plastic Processing Machinery Market is further segmented into five major countries- North America, Europe, Asia-pacific, Latin America, Middle East and Africa.
The North America plastic processing machinery market is anticipated to hold a considerable share over the coming years, owing to the escalating sales of plastic resins and the rapid growth of the consumer electronics industry in countries including the U.S.
Competitive Analysis
Arburg GmbH, Brown Machine LLC, Crown Machines, Graham Engineering, Haitan International Holdings Ltd., Husky Injection Molding Systems, Lyle Industries, Negri Bossi S.P.A., Ningbo Haida Plastic Machinery and Toshiba Machine.
The central government of India has issued a draft proposal to mandate various requirements for plastic carryout bags and ban single-use plastics nationwide from 2022, which may pose negative impacts on the demand for plastic processing machines over the projected timeframe.
Plastic Processing Machinery Market- Segmental Analysis
Based on Product Type
· Injection Molding Machine
· Blow Molding Machine
· Compression Molding Machine
· Extrusion Molding Machine
· Others
Based on Business Channel
· OEM
· Aftermarket
Based on Industry Vertical
· Construction
· Automotive
· Packaging
· Consumer Goods
· Healthcare
· Others
1. Global Rigid Plastic Packaging Market Introduction and Market
Overview
1.1.
Objectives of the Study
1.2.
Global Rigid Plastic Packaging
Market Scope and Market Estimation
1.2.1.Global Rigid
Plastic Packaging Overall Market Size, Revenue (US$ Mn) and Volume (Tons),
Market CAGR (%), Market forecast (2023 - 2033)
1.2.2.Global Rigid
Plastic Packaging Market Revenue Share (%) and Growth Rate (Y-o-Y) from 2019 - 2033
1.3.
Market Segmentation
1.3.1.Material
of Global Rigid Plastic Packaging Market
1.3.2.Production
of Global Rigid Plastic Packaging Market
1.3.3.End User
of Global Rigid Plastic Packaging Market
1.3.4.Region
of Global Rigid Plastic Packaging Market
2. Executive Summary
3. Market Factor Analysis
3.1. Global Rigid Plastic
Packaging Market Application Trends under COVID-19 Outbreak
3.1.1.Global
COVID-19 Status Overview
3.1.2.Influence
of COVID-19 Outbreak on Global Rigid Plastic Packaging Market Application
Development
3.2. Market Dynamics
3.2.1.Drivers
3.2.2.Limitations
3.2.3.Opportunities
3.2.4.Impact
Analysis of Drivers and Restraints
3.3. Value Chain/ Ecosystem
Analysis
3.3.1.Manufacturers
/ Vendors
3.3.2.Distributors
3.3.3.Buyers /
End-users
3.3.4.Forward
Integration & Backward Integration of Key Stakeholders
3.4. Global Rigid Plastic
Packaging Market - Pricing Trends Analysis & Average Selling Prices (ASPs)
3.5. Porter’s Five Forces
Analysis
3.5.1.Bargaining
Power of Suppliers
3.5.2.Bargaining
Power of Buyers
3.5.3.Threat
of Substitutes
3.5.4.Threat
of New Entrants
3.5.5.Competitive
Rivalry
3.6. PEST Analysis
3.6.1.Political
Factors
3.6.2.Economic
Factors
3.6.3.Social
Factors
3.6.4.Technological
Factors
3.7. Impact of Russia Ukraine
War on Rigid Plastic Packaging Market
3.8. Impact of Economic
Downturn on Rigid Plastic Packaging Market
3.9. Rigid Plastic Packaging Production
Capacity, by Major Countries
3.10. Market Investment
Opportunity Analysis (Top Investment Pockets), By Segments & By Regions
4. Global Rigid Plastic
Packaging Market Estimates & Forecast Trend Analysis, by Material
4.1.
Global Rigid Plastic Packaging
Market Revenue (US$ Mn) and Volume (Tons) Estimates and Forecasts, by Material,
2019 to 2033
4.1.1.Polyethylene
(PET)
4.1.2.Polypropylene
(PP)
4.1.3.High
Density Polypropylene (HDPE)
4.1.4.Others
5. Global Rigid Plastic Packaging
Market Estimates & Forecast Trend Analysis, by End
User
5.1.
Global Rigid Plastic Packaging
Market Revenue (US$ Mn) and Volume (Tons) Estimates and Forecasts, by End User,
2019 to 2033
5.1.1.Food and
Beverage
5.1.2.Personal
Care
5.1.3.Household
5.1.4.Healthcare
5.1.5.Others
6. Global Rigid Plastic
Packaging Market Estimates & Forecast Trend Analysis, by Production
6.1.
Global Rigid Plastic Packaging
Market Revenue (US$ Mn) and Volume (Tons) Estimates and Forecasts, by Production,
2019 to 2033
6.1.1.Extrusion
6.1.2.Injection
Molding
6.1.3.Blow
Molding
6.1.4.Thermoforming
7. Global Rigid Plastic
Packaging Market Estimates & Forecast Trend Analysis, by Region
7.1.
Global Rigid Plastic Packaging
Market Revenue (US$ Mn) and Volume (Tons) Estimates and Forecasts, by Region,
2019 to 2033
7.1.1.North
America
7.1.2.Europe
7.1.3.Asia
Pacific
7.1.4.Middle East & Africa
7.1.5.South
America
8. North America Rigid Plastic Packaging Market: Estimates & Forecast Trend Analysis
8.1. North America Rigid Plastic Packaging Market Assessments & Key
Findings
8.1.1.Rigid
Plastic Packaging Market Introduction
8.1.2.Rigid
Plastic Packaging Market Size Estimates and Forecast (US$ Million & Tons) (2019
– 2033)
8.1.2.1.
By Material
8.1.2.2.
By End User
8.1.2.3.
By Production
8.1.2.4.
By Country
8.1.2.4.1.
The U.S.
8.1.2.4.2.
Canada
8.1.2.4.3.
Mexico
9. Europe Rigid Plastic Packaging Market: Estimates & Forecast Trend Analysis
9.1.
Europe Rigid Plastic Packaging
Market Assessments & Key Findings
9.1.1.Rigid
Plastic Packaging Market Introduction
9.1.2.Rigid
Plastic Packaging Market Size Estimates and Forecast (US$ Million & Tons) (2019
– 2033)
9.1.2.1.
By Material
9.1.2.2.
By End User
9.1.2.3.
By Production
9.1.2.4.
By Country
9.1.2.4.1.
Italy
9.1.2.4.2.
Germany
9.1.2.4.3.
U.K.
9.1.2.4.4.
France
9.1.2.4.5.
Spain
9.1.2.4.6.
Rest of Europe
10. Asia Pacific Rigid Plastic Packaging Market: Estimates & Forecast Trend Analysis
10.1. Asia Pacific Market Assessments & Key Findings
10.1.1.
Rigid Plastic Packaging Market
Introduction
10.1.2.
Rigid Plastic Packaging Market
Size and Volume Estimates and Forecast (US$ Million & Tons) (2019 – 2033)
10.1.2.1.
By Material
10.1.2.2.
By End User
10.1.2.3.
By Production
10.1.2.4.
By Country
10.1.2.4.1. China
10.1.2.4.2. Japan
10.1.2.4.3. India
10.1.2.4.4. Australia
10.1.2.4.5. South Korea
10.1.2.4.6. ASEAN
10.1.2.4.7. Rest of Asia Pacific
11. Middle East & Africa Rigid Plastic Packaging Market: Estimates & Forecast Trend Analysis
11.1. Middle East & Africa Market Assessments & Key Findings
11.1.1.
Rigid Plastic Packaging Market
Introduction
11.1.2.
Rigid Plastic Packaging Market
Size and Volume Estimates and Forecast (US$ Million & Tons) (2019 – 2033)
11.1.2.1.
By Material
11.1.2.2.
By End User
11.1.2.3.
By Production
11.1.2.4.
By Country
11.1.2.4.1. U.A.E.
11.1.2.4.2. Saudi Arabia
11.1.2.4.3. Egypt
11.1.2.4.4. South Africa
11.1.2.4.5. Rest of Middle East & Africa
12. South America Rigid Plastic Packaging Market: Estimates & Forecast Trend Analysis
12.1. South America Market Assessments & Key Findings
12.1.1.
Rigid Plastic Packaging Market
Introduction
12.1.2.
Rigid Plastic Packaging Market
Size and Volume Estimates and Forecast (US$ Million & Tons) (2019 – 2033)
12.1.2.1.
By Material
12.1.2.2.
By End User
12.1.2.3.
By Production
12.1.2.4.
By Country
12.1.2.4.1. Brazil
12.1.2.4.2. Argentina
12.1.2.4.3. Colombia
12.1.2.4.4. Rest of South America
13.
Competition Landscape
13.1. Rigid Plastic Packaging Market Competition Matrix &
Benchmarking, by Leading Players / Innovators / Emerging Players / New Entrants
13.2. Rigid Plastic Packaging Market Competition White Space Analysis, By End-user
13.3. Rigid Plastic Packaging Market Competition Regional Intensity Map
Analysis, By Geographies Served
13.4. Rigid Plastic Packaging Market Concentration & Company Market
Shares (%) Analysis, 2022
14.
Company Profiles
14.1.Amcor Limited
14.1.1.
Company Overview & Key
Stats
14.1.2.
Financial Performance &
KPIs
14.1.3.
Product Portfolio
14.1.4.
Business Strategy & Recent
Developments
* Similar details would be provided for all the players
mentioned below
14.2.DS Smith Plc,
14.3. Berry Plastics Corporation,
14.4.Klöckner Pentaplast,
14.5.Plastipak Holdings, Inc.,
14.6.Pactiv Evergreen Inc.,
14.7.Sealed Air Corporation,
14.8.Silgan Holdings, Inc.,
14.9.Sonoco Products Company
14.10.
Others**
15.
Research Methodology
15.1.
External Power
Outputs / Databases
15.2.
Internal
Proprietary Database
15.3.
Primary
Research
15.4.
Secondary
Research
15.5.
Assumptions
15.6.
Limitations
15.7.
Report
FAQs
16.
Research Findings & Conclusion
We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.
Market Research Process
We Market Research monitors 3 important attributes during the QA process- Cost, Schedule & Quality. We believe them as a critical benchmark in achieving a project’s success.
One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached We Market Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).
The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research
The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.
In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.
Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.
Business Solution
An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.
Conclusion
The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2033.
The Global Plastic Processing Machinery Market valued at USD 35,020 million in 2022, anticipated to reach a value of USD 51,150 million in 2033, growing at a CAGR of 4.85%.
High demands for plastic processing across manufacturing and packaging industry is expected to positively impact the growth of the market during the forecast period. Increase in need for plastics by the packaging industry drives the market growth.
Some of the major players operating within the market are Arburg GmbH, Brown Machine LLC, Crown Machines, Graham Engineering, Haitan International Holdings Ltd., Husky Injection Molding Systems, Lyle Industries, Negri Bossi S.P.A., Ningbo Haida Plastic Machinery and Toshiba Machine.
The North America plastic processing machinery market is anticipated to hold a considerable share over the coming years, owing to the escalating sales of plastic resins and the rapid growth of the consumer electronics industry in countries including the U.S.
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