China Injection Molding Machine Market Size & Outlook
China injection molding machine market, 2018-2030 (US$M)
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China injection molding machine market highlights
- The China injection molding machine market generated a revenue of USD 2,732.7 million in 2023 and is expected to reach USD 3,953.9 million by 2030.
- The China market is expected to grow at a CAGR of 5.4% 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 2023 | USD 2,732.7 million |
| Market revenue in 2030 | USD 3,953.9 million |
| Growth rate | 5.4% (CAGR from 2023 to 2030) |
| Largest segment | Plastics |
| Fastest growing segment | Plastics |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Plastics, Metals, Other Materials |
| Key market players worldwide | Arburg, 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, China accounted for 17.1% 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 Asia Pacific, China injection molding machine market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,310.6 million by 2030.
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Injection Molding Machine Market Scope
Injection Molding Machine Market Companies
| Name | Profile | # Employees | HQ | Website |
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China 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 75.1% in 2023. Horizon Databook has segmented the China injection molding machine market based on plastics, metals, other materials covering the revenue growth of each sub-segment from 2018 to 2030.
The anticipated growth in manufacturing output is poised to be a major catalyst for driving demand within the injection molding machine market. As manufacturing activities expand across various sectors such as automotive, electronics, packaging, and healthcare, there arises an increasing need for efficient and versatile production equipment like injection molding machines.
These machines play a pivotal role in the fabrication of a wide array of plastic components used in diverse industries, ranging from intricate automotive parts to precise medical devices and consumer goods packaging.
With the global manufacturing industry evolving and demand for customized and lightweight products on the rise, injection molding machines are expected to experience heightened demand, driving market growth in the foreseeable future.
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Target buyers of China injection molding machine market databook
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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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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the China injection molding machine market , including forecasts for subscribers. This country databook contains high-level insights into China injection molding machine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China injection molding machine market size, by material, 2018-2030 (US$M)
China Injection Molding Machine Market Outlook Share, 2023 & 2030 (US$M)
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