Glass Forming Machine Market Introduction and Overview
According to SPER Market Research, the Global Glass Forming Machine Market is estimated to reach USD 270 billion by 2033 with a CAGR of 5.06%.
The report includes an in-depth analysis of the Global Glass Forming Machine Market, including market size and trends, product mix, Applications, and supplier analysis. Automated machinery called glass forming machines is used to mold molten glass into the desired shapes of vials, jars, bottles, and other containers. The devices use a variety of methods, including press-and-blow, blow-blow, and blow-blow, to produce glass goods in a range of sizes and forms. These devices provide exact control over the forming procedure, guaranteeing high production efficiency and constant quality. In order for manufacturers to satisfy the growing demand for glass containers, glass forming machines are crucial to the glass packaging sector.
Market Opportunities and Challenges
Opportunities- Increasing focus on sustainable and eco-friendly glass manufacturing is one of the latest trends in the glass forming machine industry. The glass industry has made great strides toward decarbonization; zero carbon emissions are the ultimate goal, even though glass manufacturing is already 30% lighter and 70% less energy-intensive than it was fifty years ago. The market for sustainable products is expanding, and the glass industry is no exception. Glass manufacturers are looking for ways to reduce their environmental footprint and employ greener production methods. Reducing waste, using renewable energy sources, and using fewer hazardous chemicals during the production process are all necessary to achieve this. It is expected that as more people adopt sustainable habits, the demand for environmentally friendly glass-forming equipment will rise.
Challenges- A significant initial investment is required- Large capital expenditures are needed to set up a glass forming machine line, which makes it challenging for small and medium-sized enterprises to enter the market. This restricts competition and prevents market growth in the future.
Market Competitive Landscape
There is fierce competition among the major players in the glass forming machine market as they compete for market share. There are well-established companies in the market that provide a large selection of glass forming machines. To fortify their positions in the market, major players concentrate on technological developments, creative product creation, and tactical alliances. Some of the key players are - BDF Industries, Bottero, Heye International, Sklostroj, AMBEG, Huzhou Jingde Technology Co., Ltd, Foshan Sentai Mechanical Mould Co., Ltd, Shanghai Huangfaji Mechanical Mould Co., LTD, Nanjing Xingdeng Machinery Manufacturing Co. LTD, HUZHOU CC Automation technology Co.,Ltd.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Method type, By Application, By End User.
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| Regions covered | North America, Asia-Pacific, Latin America, Middle East & Africa and Europe
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| Companies Covered | BDF Industries, Bottero, Heye International, Sklostroj, AMBEG, Huzhou Jingde Technology Co., Ltd, Foshan Sentai Mechanical Mould Co., Ltd, Shanghai Huangfaji Mechanical Mould Co., LTD, Nanjing Xingdeng Machinery Manufacturing Co. LTD, HUZHOU CC Automation technology Co.,Ltd., |
COVID-19 Impact on Global Glass Forming Machine Market
The Covid-19 pandemic caused supply chain disruptions and a drop in consumer demand, which temporarily hurt the glass forming machine market. Nonetheless, the market has proven resilient as evidenced by the steady recovery of end-use industries and the growing emphasis on safety and hygiene, which has caused a sharp increase in the demand for glass containers. The pandemic has also increased the glass manufacturing process's adoption of automation and digitalization, which has increased demand for sophisticated glass forming equipment.
Key Target Audience:
- Automotive Industry
- Beverage and Food Packaging Industries
- Construction and Architecture Firms
- Environmental Organizations
- End Users and Consumers
- Glass Manufacturing Companies
- Glass Forming Machine Manufacturers
- Government Agencies and Regulatory Bodies
- Packaging Machinery Distributors and Suppliers
- Others
Our in-depth analysis of the Glass Forming Machine Market includes the following segments:
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By Method type:
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Blow & Blow Method
Press & Blow Method
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By Application:
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Commodity Manufacturing
Food & Beverage
Pharmaceutical Industry
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By End User:
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Chemical
Health Care
Laboratories
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Key Topics Covered in the Report:
- Global Glass Forming Machine Market Size (FY’2023-FY’2033)
- Overview of Global Glass Forming Machine Market
- Segmentation of Global Glass Forming Machine Market By Method type (Blow & Blow Method, Press & Blow Method.)
- Segmentation of Global Glass Forming Machine Market By Application (Commodity Manufacturing, Food & Beverage, Pharmaceutical Industry.)
- Segmentation of Global Glass Forming Machine Market By End User (Chemical, Healthcare, Laboratories)
- Statistical Snap of Global Glass Forming Machine Market
- Expansion Analysis of Global Glass Forming Machine Market
- Problems and Obstacles in Global Glass Forming Machine Market
- Competitive Landscape in the Global Glass Forming Machine Market
- Impact of COVID-19 and Demonetization on Global Glass Forming Machine Market
- Details on Current Investment in Global Glass Forming Machine Market
- Competitive Analysis of Global Glass Forming Machine Market
- Prominent Players in the Global Glass Forming Machine Market
- SWOT Analysis of Global Glass Forming Machine Market
- Global Glass Forming Machine Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Glass Forming Machine Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Glass Forming Machine Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Glass Forming Machine Market
7. Global Glass Forming Machine Market, By Method type (USD Million)
7.1. Global Glass Forming Machine Market Value Share and Forecast, By Method type, 2023-2033
7.2. Blow & Blow Method
7.3. Press & Blow Method
8. Global Glass Forming Machine Market, By Application (USD Million)
8.1. Global Glass Forming Machine Market Value Share and Forecast, By Application, 2023-2033
8.2. Commodity Manufacturing
8.3. Food & Beverage
8.4. Pharmaceutical Industry
9. Global Glass Forming Machine Market, By End User (USD Million)
9.1. Global Glass Forming Machine Market Value Share and Forecast, By End user, 2023-2033
9.2. Chemical
9.3. Health Care
9.4. Laboratories
10. Global Glass Forming Machine Market Forecast, 2019-2033 (USD Million)
10.1. Global Glass Forming Machine Market Size and Market Share
11. Global Glass Forming Machine Market, By Method type, 2019-2033 (USD Million)
11.1. Global Glass Forming Machine Market Size and Market Share By Method type (2019-2026)
11.2. Global Glass Forming Machine Market Size and Market Share By Method type (2027-2033)
12. Global Glass Forming Machine Market, By Application, 2019-2033 (USD Million)
12.1. Global Glass Forming Machine Market Size and Market Share By Application (2019-2026)
12.2. Global Glass Forming Machine Market Size and Market Share By Application (2027-2033)
13. Global Glass Forming Machine Market, By End User, 2019-2033 (USD Million)
13.1. Global Glass Forming Machine Market Size and Market Share By End User (2019-2026)
13.2. Global Glass Forming Machine Market Size and Market Share By End User (2027-2033)
14. Global Glass Forming Machine Market, By Region, 2019-2033 (USD Million)
14.1. Global Glass Forming Machine Market Size and Market Share By Region (2019-2026)
14.2. Global Glass Forming Machine Market Size and Market Share By Region (2027-2033)
14.3. Asia-Pacific
14.3.1. Australia
14.3.2. China
14.3.3. India
14.3.4. Japan
14.3.5. South Korea
14.3.6. Rest of Asia-Pacific
14.4. Europe
14.4.1. France
14.4.2. Germany
14.4.3. Italy
14.4.4. Spain
14.4.5. United Kingdom
14.4.6. Rest of Europe
14.5. Middle East and Africa
14.5.1. Kingdom of Saudi Arabia
14.5.2. United Arab Emirates
14.5.3. Rest of Middle East & Africa
14.6. North America
14.6.1. Canada
14.6.2. Mexico
14.6.3. United States
14.7. Latin America
14.7.1. Argentina
14.7.2. Brazil
14.7.3. Rest of Latin America
15. Company Profile
15.1. BDF Industries
15.1.1. Company details
15.1.2. Financial outlook
15.1.3. Product summary
15.1.4. Recent developments
15.2. Bottero
15.2.1. Company details
15.2.2. Financial outlook
15.2.3. Product summary
15.2.4. Recent developments
15.3. Foshan Sentai Mechanical Mould Co., Ltd,
15.3.1. Company details
15.3.2. Financial outlook
15.3.3. Product summary
15.3.4. Recent developments
15.4. HUZHOU CC Automation technology Co. Ltd.
15.4.1. Company details
15.4.2. Financial outlook
15.4.3. Product summary
15.4.4. Recent developments
15.5. Heye International
15.5.1. Company details
15.5.2. Financial outlook
15.5.3. Product summary
15.5.4. Recent developments
15.6. Huzhou Jingde Technology Co., Ltd
15.6.1. Company details
15.6.2. Financial outlook
15.6.3. Product summary
15.6.4. Recent developments
15.7. Nanjing Xingdeng Machinery Manufacturing Co. Ltd
15.7.1. Company details
15.7.2. Financial outlook
15.7.3. Product summary
15.7.4. Recent developments
15.8. Shanghai Huangfaji Mechanical Mould Co
15.8.1. Company details
15.8.2. Financial outlook
15.8.3. Product summary
15.8.4. Recent developments
15.9. Sklostroj
15.9.1. Company details
15.9.2. Financial outlook
15.9.3. Product summary
15.9.4. Recent developments
15.10. Others
16. List of Abbreviations
17. Reference Links
18. Conclusion
19. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
