Blow Molded Plastics Market Size & Share, by Product {Polyethylene Terephthalate (PET), Polyethylene (PE), Polypropylene (PP), Polyvinyl Chloride (PVC), Polystyrene (PS), Acrylonitrile Butadiene Styrene (ABS)}; Molding Method (Extrusion, Injection, Stretch, Rotational Blow Molding); Application (Packaging, Automotive, Transport) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2033

  • Report ID: 4607
  • Published Date: Dec 15, 2022
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2023-2033

Blow Molded Plastics Market size is estimated to cross USD 940 Billion by the end of 2033, growing at a CAGR of 4% during the forecast period, i.e., 2023-2033. In the year 2022, the industry size of blow molded plastics was USD 596 Billion. The growth of the market can be attributed to rising awareness of prevention of infectious disease across the globe. The demand for various pharmaceuticals products, disinfectants, and sanitizers has increased. Hand sanitizer sales in the U.S. went up by 300% in March 2020.

Blow molding is manufacturing process that is used to create hollow plastic part by inflating a heated plastic tube until it fills a mold and forms the desired shape. The process involves the use of heat, air pressure, and water. Increased demand from key application sectors including construction, automotive, and packaging such as, milk cartons, shampoo bottles, storage drums, watering cans and others. India contributes 23% of global milk production. In 2020-21, it produced about 209 million tons.

Blow Molded Plastics Market
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Blow Molded Plastics Sector: Growth Drivers and Challenges

Growth Drivers

  • Growth of Healthcare Industry – Amid the global Covid-19 pandemic, the demand for various pharmaceutical products, disinfectants, sanitizers and vaccines has increased. According to Government of India Ministry of Chemicals and Department of Pharmaceuticals, India has the second-highest producer of US FDA approved healthcare products outside the U.S.
  • Growing Demand for Packaged Food – For instance, global packaging industry is expected to reach USD 1.05 trillion by 2024. 
  • Rapid Industrialization across the Globe – According to the report of Invest India in August 2021, the Indian government has an investment budget of USD 1.4 trillion on infrastructure in which 16% of the amount is contributed towards the development of urban infrastructure.
  • Increasing Demand for Flexible Packaging – For instance, Flexible packaging solutions, generated a revenue of around USD 200 billion in 2021.


  • Increasing Concerns about the Plastic Waste and Recycling
  • Arbitrariness in the Prices of Raw Materials
  • Fluctuations in Raw Material prices

Blow Molded Plastics Market Highlights Over 2023 - 2033

Base Year


Forecast Year




Base Year Market Size (2022)

~ USD 596 Billion

Forecast Year Market Size (2033)

~ USD 940 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Blow Molded Plastics Segmentation

Product {Polyethylene Terephthalate (PET), Polyethylene (PE), Polypropylene (PP), Polyvinyl Chloride (PVC), Polystyrene (PS), Acrylonitrile Butadiene Styrene (ABS)}

The global blow molded plastics market is segmented and analyzed for demand and supply by product into polyethylene terephthalate, polyethylene, polypropylene, polyvinyl chloride, polystyrene, and acrylonitrile butadiene styrene. Out of these, the polyethylene (PE) segment is anticipated to garner the highest market share by 2033, owing to the rising demand in packaging industries. Usage of PE compounds includes different grades of bottles used for packaging a wide range of products, such as food and chemical.   

Major Macro-Economic Indicators Impacting the Market Growth

The chemical industry is a major component of the economy. According to the U.S. Bureau of Economic Analysis, in 2020, for the U.S., the value added by chemical products as a percentage of GDP was around 1.9%. Additionally, according to the World Bank, Chemical industry in the U.S. accounted for 16.43% to manufacturing value-added in 2018. With the growing demand from end-users, the market for chemical products is expected to grow in future. According to UNEP (United Nations Environment Program), the sales of chemicals are projected to almost double from 2017 to 2030. In the current scenario, Asia Pacific is the largest chemical producing and consuming region. China has the world’s largest chemical industry, that accounted for annual sales of approximately more than USD 1.5 trillion, or about more than one-third of global sales, in recent years. Additionally, a vast consumer base and favorable government policies have boosted investment in China’s chemical industry. Easy availability of low-cost raw material & labor as well as government subsidies and relaxed environmental norms have served as a production base for key vendors globally. On the other hand, according to the FICCI (Federation of Indian Chambers of Commerce & Industry), the chemical industry in India was valued at 163 billion in 2019 and it contributed 3.4% to the global chemical industry. It ranks 6th in global chemical production. This statistic shows the lucrative opportunity for the investment in businesses in Asia Pacific countries in the upcoming years.

Our in-depth analysis of the global market includes the following segments:

         By Product

  • Polyethylene Terephthalate (PET)
  • Polyethylene (PE)
  • Polypropylene (PP)
  • Polyvinyl  Chloride (PVC)
  • Polystyrene (PS)
  • Acrylonitrile Butadiene Styrene (ABS)

         By Bolding Method

  • Extrusion Blow Molding
  • Injection Blow Molding
  • Stretch Blow Molding
  • Rotational Blow Molding

         By Application

  • Packaging
  • Automotive & Transport

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Blow Molded Plastics Industry - Regional Synopsis

Regionally, the global blow molded plastics market is studied into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Amongst these markets, the market in Asia Pacific is projected to hold the largest market share by the end of 2033. The primary reason for the market growth in the region is the emergence of several domestic manufacturers with technological capabilities at lower cost. Moreover, abundance of labor is another major factor driving the market growth. According to the data by the World Bank, 66% of the population of South Asia falls under the bracket of 15 to 64 years of age, which are the most active working years.

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Blow Molded Plastics Market Size
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Companies Dominating the Blow Molded Plastics Market

    • APEX Plastics
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Agri-Industrial Plastics
    • North American Plastics ltd.
    • Magna International, Inc.
    • Comar LLC
    • INEOS Group
    • Berry Global, Inc.
    • Gemini Group, Inc.
    • Creative Blow Mold Tooling
    • Rutland Plastics ltd.


In The News

  • Apex Plastics announced the purchase of Juice Merchandising Corporation. Apex had a long standing successful partnership with JMC as the manufacturer of their juice bottles. 
  • Comar LLC acquires internationally & acquires Automatic Plastics limited, a contract manufacturer of injection molded products.

Author Credits:  Smruti Ranjan, Rajrani Baghel

  • Report ID: 4607
  • Published Date: Dec 15, 2022
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Increasing demand for packaged food with lightweight packaging and machines delivering high accuracy and efficiency are the major factors driving the market growth.

The market is anticipated to attain a CAGR of ~4% over the forecast period, i.e., 2023-2033.

Increasing concerns about the plastic waste and volatility in the prices of raw material is diminishing the market growth of blow molded plastics.

The market in Asia Pacific is projected to hold the largest market share by the end of 2033 and provide more business opportunities in the future.

The major players in the market are APEX Plastics, Agri-Industrial Plastics, North American Plastics ltd., Magna International, Inc., Comar LLC, and others.

The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by product, molding method, application and by region.

The polyethylene segment is anticipated to garner the largest market size by the end of 2033 and display significant growth opportunities.
Blow Molded Plastics Market Report Scope

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