Increased Demand for Blow Molding Machines to Produce Sanitizers Bottles
For many industries, including the medical and restaurant sector, hand sanitizer is commonly used. However, when the pandemic hit, demand increased dramatically. So many people wanted to buy this product that it wasn’t long before a shortage developed. To accommodate the growing need, some companies invested in a sanitizer bottle-making machine . The biggest problem was that manufacturers that produce plastic bottles couldn’t keep up. Not only did this impact the US and Canada but other countries around the world. In 2019, the market for hand sanitizer was around $1.2 billion. Experts predict that at the end of 2027, it’ll hit closer to $2.14 billion. As imagined, machines used for sanitizer bottles were also hard to find, considering the demand for this product increased by 1,400 percent during the COVID-19 pandemic. Even when challenged, the top manufacturers of this equipment worked long, hard hours to ensure that companies had the plastic bottles they needed. Continued Demand...