Over the five years to 2016, the Blow Molding Machinery Manufacturing industry is expected to grow, however, growth is expected to be limited in 2016. While the industry has experienced solid growth over the period, structural issues continue to plague industry operators. Like most machinery manufacturing industries, manufacturers of blow molding machines compete heavily with foreign goods. Overseas manufacturers, most notably those in Asia, experience looser regulations and lower labor costs. These advantages enable foreign manufacturers to produce similar products for a much lower price. Over the five years to 2021, the Blow Molding Machinery Manufacturing industry is expected to grow slowly. The industry will continue to face head winds relating to import penetration, a stronger dollar and environmental concerns associated with plastic use.
This industry manufactures blow molding machinery. Blow molding is a process by which hollow plastic parts are formed.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.