Argentina Injection Molding Machine Market Size & Outlook

The injection molding machine market in Argentina is expected to reach a projected revenue of US$ 413.6 million by 2030. A compound annual growth rate of 5.2% is expected of Argentina injection molding machine market from 2024 to 2030.
Revenue, 2023 (US$M)
$289.8
Forecast, 2030 (US$M)
$413.6
CAGR, 2024 - 2030
5.2%
Report Coverage
Argentina

Argentina's national universal healthcare coverage plan is likely to receive funding from international loans provided by international development banks. This funding will support government programs focused on primary care, maternal care, communicable and immuno-preventable diseases, and healthcare infrastructure. The high healthcare spending by the Argentinian government to improve healthcare facilities is likely to generate demand for medical devices such as diagnostic testing kits, personal protection equipment, and surgical & drug delivery equipment, which will drive the injection molding machine market in the country. For instance, according to International Trade Administration, healthcare expenditures in Argentina consistently represent around 9% to 10% of GDP, ranking among the highest in the region.injection molding machine market highlights

  • The Argentina injection molding machine market generated a revenue of USD 289.8 million in 2023 and is expected to reach USD 413.6 million by 2030.
  • The Argentina market is expected to grow at a CAGR of 5.2% from 2024 to 2030.
  • In terms of segment, plastics was the largest revenue generating material in 2023.
  • Plastics is the most lucrative material segment registering the fastest growth during the forecast period.


Injection molding machine market data book summary

Market revenue in 2023USD 289.8 million
Market revenue in 2030USD 413.6 million
Growth rate5.2% (CAGR from 2023 to 2030)
Largest segmentPlastics
Fastest growing segmentPlastics
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPlastics, Metals, Other Materials
Key market players worldwideArburg, Haitian International Holdings Ltd, Milacron India, Sumitomo Corp, Chen Hsong Holdings Ltd, Husky Injection Molding Systems, The Japan Steel Works Ltd, Ube Corp, WITTMANN, Shibaura Machine Co Ltd, Nissei Plastic Industrial, ENGEL AUSTRIA GmbH, Toyo Machinery & Metal, KraussMaffei


Other key industry trends

  • In terms of revenue, Argentina accounted for 1.8% of the global injection molding machine market in 2023.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2030.
  • In Latin America, Brazil injection molding machine market is projected to lead the regional market in terms of revenue in 2030.
  • Brazil is the fastest growing regional market in Latin America and is projected to reach USD 648.8 million by 2030.

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Injection Molding Machine Market Companies

Name Profile # Employees HQ Website

Argentina 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 77.64% in 2023. Horizon Databook has segmented the Argentina injection molding machine market based on plastics, metals, other materials covering the revenue growth of each sub-segment from 2018 to 2030.


Argentina's national universal healthcare coverage plan is likely to receive funding from international loans provided by international development banks. This funding will support government programs focused on primary care, maternal care, communicable and immuno-preventable diseases, and healthcare infrastructure.

The high healthcare spending by the Argentinian government to improve healthcare facilities is likely to generate demand for medical devices such as diagnostic testing kits, personal protection equipment, and surgical & drug delivery equipment, which will drive the injection molding machine market in the country.

For instance, according to International Trade Administration, healthcare expenditures in Argentina consistently represent around 9% to 10% of GDP, ranking among the highest in the region.

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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina injection molding machine market , including forecasts for subscribers. This country databook contains high-level insights into Argentina injection molding machine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Argentina injection molding machine market size, by material, 2018-2030 (US$M)

Argentina Injection Molding Machine Market Outlook Share, 2023 & 2030 (US$M)

Argentina injection molding machine market size, by material, 2018-2030 (US$M)

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