Global Injection Molding Machine Market Size & Outlook

The injection molding machine industry worldwide is expected to reach a projected revenue of US$ 22,027.0 million by 2030. A compound annual growth rate of 4.7% is expected of the worldwide injection molding machine industry from 2024 to 2030.
Revenue, 2023 (US$M)
$15,990.7
Forecast, 2030 (US$M)
$22,027.0
CAGR, 2024 - 2030
4.7%
Report Coverage
Worldwide

Global injection molding machine market highlights

  • The global injection molding machine market generated a revenue of USD 15,990.7 million in 2023 and is expected to reach USD 22,027.0 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 4.7% by 2030.
  • In terms of segment, plastics accounted for a revenue of USD 12,270.5 million in 2023.
  • Plastics is the most lucrative material segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2023.
  • Country-wise, Italy is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 15,990.7 million
Market revenue in 2030USD 22,027.0 million
Growth rate4.7% (CAGR from 2023 to 2030)
Largest segmentPlastics
Fastest growing segmentPlastics
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPlastics, Metals, Other Materials

Other key industry trends

  • In terms of revenue, the North America accounted for 20.5% of the global injection molding machine market in 2023.
  • By country, the China is projected to lead the global market in terms of revenue in 2030.
  • By country, Italy is the fastest growing regional market and is projected to reach USD 748.9 million by 2030.

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Injection Molding Machine Market Companies

Name Profile # Employees HQ Website

Global injection molding machine market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to injection molding machine market will help companies and investors design strategic landscapes.


Plastics was the largest segment with a revenue share of 76.74% in 2023. Horizon Databook has segmented the Global injection molding machine market based on plastics, metals, other materials covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Injection Molding Machine Material Outlook (Revenue, USD Million, 2018-2030)
    • Plastics
    • Metals
    • Other Materials
  • Global Injection Molding Machine Technology Outlook (Revenue, USD Million, 2018-2030)
    • Hydraulic
    • Electric
    • Hybrid
  • Global Injection Molding Machine End Use Outlook (Revenue, USD Million, 2018-2030)
    • Automotive
    • Consumer goods
    • Packaging
    • Electronics
    • Other End Use

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  • Our clientele includes a mix of injection molding machine market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global injection molding machine market , including forecasts for subscribers. This global databook contains high-level insights into Global injection molding machine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global injection molding machine market size, by regions, 2018-2030 (US$M)

Top 10 countries: Injection molding machine market size, 2023 (US$M)

Global injection molding machine market share, by material, 2023 & 2030 (%, US$M)

Injection molding machine market: Opportunity assessment by country

Global injection molding machine market, by region, 2023 (US$M)

Global injection molding machine market size, by regions, 2018-2030 (US$M)

Material 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 CAGR
North America 2,922.5 3,033.1 2,957.6 3,040.7 3,154.0 3,270.6 3,394.5 3,526.4 3,666.7 3,816.3 3,975.8 4,145.8 4,327.3 4.1%
Europe 3,238.4 3,371.6 3,292.2 3,393.9 3,531.4 3,669.4 3,816.4 3,972.8 4,139.5 4,317.3 4,507.1 4,709.7 4,926.0 4.3%
Asia Pacific 5,369.8 5,638.2 5,531.9 5,740.5 6,009.6 6,295.7 6,610.4 6,930.7 7,289.7 7,668.0 8,067.9 8,504.4 8,970.2 5.2%
Latin America 1,307.2 1,345.2 1,316.2 1,353.2 1,407.7 1,475.7 1,538.9 1,621.9 1,694.1 1,777.0 1,870.9 1,963.1 2,063.9 4.9%
MEA 1,137.5 1,181.4 1,151.1 1,183.8 1,228.8 1,279.2 1,332.9 1,390.1 1,451.1 1,516.2 1,585.8 1,660.2 1,739.7 4.5%
Overall 13,975.5 14,569.5 14,248.9 14,712.0 15,331.4 15,990.7 16,693.0 17,441.8 18,241.0 19,094.7 20,007.4 20,983.1 22,027.0 4.7%

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