- Plastic,
- Rubber,
- Metal,
- Ceramic
Injection Molding Machinery Market size was valued at USD 17.62 billion in 2022 and is poised to grow at a CAGR of 2.9% from 2023 to 2029. The global market report provides a thorough overview of the injection molding machinery market, which can be segmented by product type, machine type, end user, and geography. Based on the product type, the market is segmented into plastic, rubber, metal, and ceramic. The plastic segment is expected to grow considerably in the forecast period. The estimated growth is accounted of its extensive use in plastic molding. Based on machine type, the market is segmented into hydraulic, electric, and hybrid. The Hybrid machines are prophesied to grow in the forecast period in view of their advantages like energy efficiency, closed-loop process, exceptional clamping force, etc. Based on End Users, the market is segmented into automotive, consumer goods, packaging, healthcare, electricals & electronics. The consumer goods segment is anticipated to witness considerable growth in the forecast period.
Injection Molding Machinery Market Key Development:
- In June 2022, ENGEL formed a joint venture with ALPA Group, Brink, and IPB Printing. It is believed that the newly built ENGEL e-speed injection molding machine with a strong injection unit would be able to process recycled material (rPET).
Injection Molding Machinery Market Summary
Study Period
2024-2030
Base Year
2023
CAGR
2.9%
Largest Market
North America
Fastest Growing Market
Asia-Pacific
Injection Molding Machinery Market Dynamics
Factors such as easy access to new and sophisticated EV technology, the availability of a highly qualified workforce, the presence of advanced processing capabilities, and expanded R&D activities have enhanced the penetration of electric vehicles. Increased demand for injection moulded components for different interior and exterior parts in both conventional and electric automobiles is likely to drive market expansion.
Asia Pacific Got Significant Share
Injection Molding Machinery Market Regional Analysis
By region, Asia-Pacific is deemed for the highest revenue generation in the forecast period owing to the huge consumer demand in this market, rapid urbanization & industrialization, and changing food preferences. The north american region is expected to follow the Asia-Pacific in the forecast period.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The injection molding machinery market report provides granular level information about the market size, regional market share, historic market (2018-2022), and forecast (2023-2029)
- The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments, and start-up details that are actively working in the market
- The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Injection Molding Machinery Market Segmentation
By Product Type
By Machine Type
- Hydraulic,
- Electric,
- Hybrid
By End User
- Automotive,
- Consumer Goods,
- Packaging,
- Healthcare,
- Electricals & Electronics
Frequently Asked Questions
The consumer goods segment is the fastest-growing segment in this market due to rapid industrialization and urbanization, increasing demand for injection molded products, etc.
KraussMaffei Group, UBE Machinery, Toshiba Machine Co., Ltd., Wittmann Battenfeld, Hillenbrand, INC., Arburg GmbH Co KG, Haitian International Holdings Limited, Sumitomo (SHI), Demag Plastics Machinery GmbH, Motherson, Toyo Machinery & Metal Co., Ltd.
Because of its capacity to make parts with high precision at a rapid rate, injection moulding is critical in electronic component production. These components are utilised in the production of smartphones, tablets, laptops, connections, and sensors. The growing global electronics industry, combined with the presence of technology-driven companies, is expected to create enormous opportunities for the market.
Excessive energy consumption by certain machines, higher initial investment, higher maintenance cost, etc. are few key restraints for the market growth.
| 1. Executive Summary |
| 2. Global Injection Molding Machinery Market Introduction |
| 2.1. Global Injection Molding Machinery Market Taxonomy |
| 2.2. Global Injection Molding Machinery Market Definitions |
| 2.2.1. Product Type |
| 2.2.2. Machine Type |
| 2.2.3. End User Industry |
| 3. Global Injection Molding Machinery Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Global Injection Molding Machinery Market Dynamic Factors - Impact Analysis |
| 3.6. Global Injection Molding Machinery Market Competition Landscape |
| 4. Global Injection Molding Machinery Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 |
| 4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Injection Molding Machinery Market, By Product Type, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 5.1. Plastic |
| 5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Rubber |
| 5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Metal |
| 5.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Ceramic |
| 5.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 5.5. Others |
| 5.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.5.3. Market Opportunity Analysis |
| 6. Global Injection Molding Machinery Market Forecast, By Machine Type, 2018 - 2022 and Forecast, 2021 2027 (Revenue, USD Mn) |
| 6.1. Hydraulic |
| 6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Electric |
| 6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Hybrid |
| 6.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 7. Global Injection Molding Machinery Market, By End User Industry, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 7.1. Automotive |
| 7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Consumer Goods |
| 7.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Packaging |
| 7.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Healthcare |
| 7.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Electricals & Electronics |
| 7.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 7.6. Others |
| 7.6.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 7.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.6.3. Market Opportunity Analysis |
| 8. Global Injection Molding Machinery Market Forecast, By Region, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia-Pacific |
| 8.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Latin America |
| 8.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Middle East and Africa |
| 8.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 8.6. Global Injection Molding Machinery Market - Opportunity Analysis Index, By Product Type, Machine Type, End User Industry and Region, 2023 - 2029 |
| 9. North America Injection Molding Machinery market analysis,2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 9.1. By Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1. Plastic |
| 9.1.2. Rubber |
| 9.1.3. Metal |
| 9.1.4. Ceramic |
| 9.1.5. Others |
| 9.2. Machine Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 9.2.1. Hydraulic |
| 9.2.2. Electric |
| 9.2.3. Hybrid |
| 9.3. End User Industry Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 9.3.1. Automotive |
| 9.3.2. Consumer Goods |
| 9.3.3. Packaging |
| 9.3.4. Healthcare |
| 9.3.5. Electricals & Electronics |
| 9.3.6. Others |
| 9.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 9.4.1. USA |
| 9.4.2. Canada |
| 9.5. North America Injection Molding Machinery Market - Opportunity Analysis Index, By Product Type, Machine Type, End User Industry, and Country, 2023 - 2029 |
| 9.6. North America Injection Molding Machinery Market Dynamics Trends |
| 10. Europe Injection Molding Machinery Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 10.1. By Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1. Plastic |
| 10.1.2. Rubber |
| 10.1.3. Metal |
| 10.1.4. Ceramic |
| 10.1.5. Others |
| 10.2. Machine Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 10.2.1. Hydraulic |
| 10.2.2. Electric |
| 10.2.3. Hybrid |
| 10.3. End User Industry Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 10.3.1. Automotive |
| 10.3.2. Consumer Goods |
| 10.3.3. Packaging |
| 10.3.4. Healthcare |
| 10.3.5. Electricals & Electronics |
| 10.3.6. Others |
| 10.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 10.4.1. Germany |
| 10.4.2. UK |
| 10.4.3. France |
| 10.4.4. Spain |
| 10.4.5. Italy |
| 10.4.6. Russia |
| 10.4.7. Poland |
| 10.4.8. Rest of Europe |
| 10.5. Europe Injection Molding Machinery Market - Opportunity Analysis Index, By Product Type, Machine Type, End User Industry, and Country, 2023 - 2029 |
| 10.6. Europe Injection Molding Machinery Market Dynamics Trends |
| 11. Asia-Pacific Injection Molding Machinery Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 11.1. By Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1. Plastic |
| 11.1.2. Rubber |
| 11.1.3. Metal |
| 11.1.4. Ceramic |
| 11.1.5. Others |
| 11.2. Machine Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 11.2.1. Hydraulic |
| 11.2.2. Electric |
| 11.2.3. Hybrid |
| 11.3. End User Industry Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 11.3.1. Automotive |
| 11.3.2. Consumer Goods |
| 11.3.3. Packaging |
| 11.3.4. Healthcare |
| 11.3.5. Electricals & Electronics |
| 11.3.6. Others |
| 11.4. Country Analysis2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 11.4.1. Japan |
| 11.4.2. China |
| 11.4.3. India |
| 11.4.4. ASEAN |
| 11.4.5. Australia & New Zealand |
| 11.4.6. Rest of Asia-Pacific |
| 11.5. Asia-Pacific Injection Molding Machinery Market - Opportunity Analysis Index, By Product Type, Machine Type, End User Industry, and Country, 2023 - 2029 |
| 11.6. Asia-Pacific Injection Molding Machinery Market Dynamics Trends |
| 12. Latin America Injection Molding Machinery Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 12.1. By Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1. Plastic |
| 12.1.2. Rubber |
| 12.1.3. Metal |
| 12.1.4. Ceramic |
| 12.1.5. Others |
| 12.2. Machine Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 12.2.1. Hydraulic |
| 12.2.2. Electric |
| 12.2.3. Hybrid |
| 12.3. End User Industry Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 12.3.1. Automotive |
| 12.3.2. Consumer Goods |
| 12.3.3. Packaging |
| 12.3.4. Healthcare |
| 12.3.5. Electricals & Electronics |
| 12.3.6. Others |
| 12.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 12.4.1. Brazil |
| 12.4.2. Mexico |
| 12.4.3. Argentina |
| 12.4.4. Rest of Latin America |
| 12.5. Latin America Injection Molding Machinery Market - Opportunity Analysis Index, By Product Type, Machine Type, End User Industry, and Country, 2023 - 2029 |
| 12.6. Latin America Injection Molding Machinery Market Dynamics Trends |
| 13. Middle East and Africa Injection Molding Machinery Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 13.1. By Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1. Plastic |
| 13.1.2. Rubber |
| 13.1.3. Metal |
| 13.1.4. Ceramic |
| 13.1.5. Others |
| 13.2. Machine Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 13.2.1. Hydraulic |
| 13.2.2. Electric |
| 13.2.3. Hybrid |
| 13.3. End User Industry Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 13.3.1. Automotive |
| 13.3.2. Consumer Goods |
| 13.3.3. Packaging |
| 13.3.4. Healthcare |
| 13.3.5. Electricals & Electronics |
| 13.3.6. Others |
| 13.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 13.4.1. Gulf Cooperation Council (GCC) Countries |
| 13.4.2. Israel |
| 13.4.3. South Africa |
| 13.4.4. Rest of MEA |
| 13.5. MEA Injection Molding Machinery Market - Opportunity Analysis Index, By Product Type, Machine Type, End User Industry, and Country, 2023 - 2029 |
| 13.6. MEA Injection Molding Machinery Market Dynamics Trends |
| 14. Competition Landscape |
| 14.1. Strategic Dashboard of Top Market Players |
| 14.2. Company Profiles (Introduction, Financial Analysis, Machine Type& Service Offerings, Key Developments, Strategies, and SWOT Analysis) |
| 14.2.1. KraussMaffei Group |
| 14.2.2. UBE Machinery |
| 14.2.3. Toshiba Machine Co., Ltd. |
| 14.2.4. Wittmann Battenfeld |
| 14.2.5. Hillenbrand, INC. |
| 14.2.6. Arburg GmbH + Co KG |
| 14.2.7. Haitian International Holdings Limited |
| 14.2.8. Sumitomo (SHI) Demag Plastics Machinery GmbH |
| 14.2.9. Motherson |
| 14.2.10. Toyo Machinery & Metal Co., Ltd. |
| 15. Research Methodology |
| 16. Key Assumptions and Acronyms |
- KraussMaffei Group
- UBE Machinery
- Toshiba Machine Co., Ltd.
- Wittmann Battenfeld
- Hillenbrand, INC.
- Arburg GmbH + Co KG
- Haitian International Holdings Limited
- Sumitomo (SHI) Demag Plastics Machinery GmbH
- Motherson
- Toyo Machinery & Metal Co., Ltd.