Plastic Injection Moulding Machine Market is predicted to reach USD 13.70 billion at a CAGR of 3.80% during the forecast period 2023-2032

Market Research Future (MRFR) has published on the “Global Plastic Injection Moulding Machine Market”.

The Plastic Injection Moulding Machine Market is estimated to register a CAGR of 3.80% during the forecast period of 2023 to 2032

MRFR recognizes the following companies as the key players in the global Plastic Injection Moulding Machine Market— Haitian International Holdings Limited (China), Chen Hsong Holdings Ltd. (China), Engel Austria GmbH (Austria), Sumitomo Heavy Industries Limited (Japan), Hillenbrand, Inc. (US), Japan Steel Works Ltd. (Japan), Arburg GmbH (Germany), Nissei Plastic Industrial Co., Ltd. (Japan), Husky Injection Molding Systems Ltd. (Canada), and KraussMaffei Group GmbH (Germany).

Market Highlights

The global Plastic Injection Moulding Machine Market is accounted to register a CAGR of 3.80% during the forecast period and is estimated to reach USD 13.70 billion by 2032.

The strong expansion of the manufacturing sector, coupled with the increasing utilization of injection molding in various applications within this sector, is anticipated to drive the demand for injection molding machines in India. The inclination of injection molding machines to manufacture intricate parts or components is fostering their adoption across multiple industries.

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Segment Analysis

The global Plastic Injection Moulding Machine Market has been segmented based on the Machine Type, End-Use Industry, and Clamping Force.

Based on the Machine Type, the market is segmented into Hydraulic, All-Electric, and Hybrid. The Hydraulic segment was attributed to holding the largest market share in 2022.  Hydraulic plastic injection molding machines are renowned for their robust build and durability, capable of withstanding challenging operational conditions and prolonged heavy-duty use. These machines provide long-term reliability, offering manufacturers a high level of confidence in their performance. Hydraulic machines stand out for their flexibility in process control parameters, empowering manufacturers to fine-tune settings like injection speed, pressure, and holding time. This adaptability facilitates the customization of the molding process to align with specific part specifications, ensuring optimal outcomes in production.

Based on the End-Use Industry, the Plastic Injection Moulding Machine Market has been segmented into Packaging, Automotive, and Consumer Goods. The Automotive segment was expected to hold the largest market share in 2022. The automotive industry relies significantly on electrical and electronic systems, with plastic injection molding serving as a crucial manufacturing method for various components such as electrical connectors, sensors, wiring harnesses, switches, and control modules. Injection molding facilitates the seamless integration of functionalities and precise placement of electrical components within intricate assemblies. Additionally, it is extensively employed in crafting various exterior car parts, including bumpers, grilles, fenders, side mirrors, and lighting fixtures. The process enables the creation of robust yet lightweight components that meet the industry's stringent standards for strength, impact resistance, and design flexibility.

Based on the Clamping Force, the Plastic Injection Moulding Machine Market has been segmented into 0-200, 201-500, and Above 500. The 201-500 segment was expected to hold the largest market share in 2022. Plastic injection molding machines within the 201–500-ton force range find widespread utilization across diverse industries, including automotive, consumer goods, electronics, packaging, and appliances. The growth of these industries, marked by increasing demands and expansions, catalyzes the continual growth of the 201–500-ton force plastic injection molding machine market.

Regional Analysis

The global Plastic Injection Moulding Machine Market, based on region, has been divided into North America, Europe, Asia-Pacific, and the Rest of the World. North America consists of the US and Canada. The Europe Plastic Injection Moulding Machine Market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Plastic Injection Moulding Machine Market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Plastic Injection Moulding Machine Market comprises of Middle East, Africa, and Latin America.

The largest market share for the Plastic Injection Moulding Machine Market was maintained by the North American regional sector. The packaging industry in North America is experiencing growth driven by factors such as ongoing urbanization, increased consumer spending power, continuous industrialization, and evolving consumer food preferences. Consumer spending is identified as a significant catalyst for this expansion, contributing to the surprising annualized growth in the economy reported in the third quarter of 2023 (advance estimate released on Oct. 26, 2023). Notably, personal consumption expenditures accounted for nearly 68% of the nation's Gross Domestic Product in the same quarter. The trajectory of the packaging industry in North America, coupled with the growing adoption of injection-molded products for innovative packaging solutions, is poised to propel the industry forward in the upcoming years.

Moreover, the Europe market has been persistently growing over the forecast period. The thriving electronics sector in Europe, driven by the increasing adoption of flexible electronics, has opened up new application opportunities in the region. Consumer electronics, a pivotal sector with a significant market size, witnessed substantial sales in Italy in 2022, totaling 17 billion euros, albeit with a marginal decrease of 2.7% compared to the exceptional post-pandemic performance in 2021. According to GFK data, online sales constituted 26.3% of the total, reflecting a 5.5% increase from 2021. The product under consideration is instrumental in manufacturing electronic components like sensors, meters, testing equipment, electronic connectors, and processing equipment. The buoyant electronics industry in the region is expected to be a driving force for market growth in Europe throughout the forecast period.

The Asia Pacific region encompasses some of the world's fastest-growing economies, including China, India, and Southeast Asian nations. The robust economic growth in these countries catalyzes increased manufacturing activities, rising demand in sectors like food & beverage and consumer goods, and ongoing urbanization trends. These factors collectively contribute to the heightened demand for plastic injection molding machines in the region. Countries such as India and China, benefitting from low-cost labor, have become attractive destinations for major automotive manufacturers to establish operational plants. According to OICA, China manufactured approximately 27 million vehicles, while Japan produced around 7.8 million in the year 2022. This surge in economic activities and manufacturing is a driving force in the plastic injection molding machine market in the Asia Pacific region, particularly in applications related to packaging and automotive industries.

Furthermore, the rest of the world's Plastic Injection Moulding Machine Market is divided into the Middle East, Africa, and Latin America. The anticipated substantial growth in the demand for injection molding machines is attributed to the increasing need for manufacturing facilities in the emerging economies of the region. This is expected to positively influence industrial construction, consequently fostering industry demand throughout the forecast period.

Key Findings of the Study

• The global Plastic Injection Moulding Machine Market is expected to reach USD 13.70 billion by 2032, at a CAGR of 3.80% during the forecast period.


• The Asia-Pacific region accounted for the fastest-growing global market because of advantages such as the reduced requirement of labor, high production rate, and reduced wastage. Furthermore, the ability of injection molding machines to work with a wide range of plastics further increases their usability.


• Based on Machine Type, the Hydraulic segment was attributed to holding the largest market in 2022, with an approximate market share of 55–60%.


• Haitian International Holdings Limited (China), Chen Hsong Holdings Ltd. (China), Engel Austria GmbH (Austria), Sumitomo Heavy Industries Limited (Japan), Hillenbrand, Inc. (US), Japan Steel Works Ltd. (Japan), Arburg GmbH (Germany), Nissei Plastic Industrial Co., Ltd. (Japan), Husky Injection Molding Systems Ltd. (Canada), and KraussMaffei Group GmbH (Germany).