Denmark Injection Molding Machine Market Size & Outlook
Denmark injection molding machine market, 2018-2030 (US$M)
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Denmark injection molding machine market highlights
- The Denmark injection molding machine market generated a revenue of USD 298.9 million in 2023 and is expected to reach USD 425.1 million by 2030.
- The Denmark 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 2023 | USD 298.9 million |
| Market revenue in 2030 | USD 425.1 million |
| Growth rate | 5.2% (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, Denmark accounted for 1.9% 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 Europe, Germany injection molding machine market is projected to lead the regional market in terms of revenue in 2030.
- Denmark is the fastest growing regional market in Europe and is projected to reach USD 425.1 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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Denmark 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 76.85% in 2023. Horizon Databook has segmented the Denmark injection molding machine market based on plastics, metals, other materials covering the revenue growth of each sub-segment from 2018 to 2030.
The electronics industry is expected to grow owing to the increasing consumer-driven demand for high-tech electronics such as televisions, audio systems, electronics accessories, and other electronic equipment.
Injection molding machines are utilized in the electronics industry to manufacture intricate plastic components such as casings, connectors, and housings with high precision and consistency, meeting the stringent requirements of electronic devices while ensuring cost-effectiveness and design flexibility.
According to the International Trade Administration, healthcare expenditure in the country, a significant market for injection molding machines, accounts for approximately 10% of its GDP, equivalent to slightly over USD 7,000 per capita annually.
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Horizon Databook provides a detailed overview of country-level data and insights on the Denmark injection molding machine market , including forecasts for subscribers. This country databook contains high-level insights into Denmark injection molding machine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Denmark injection molding machine market size, by material, 2018-2030 (US$M)
Denmark Injection Molding Machine Market Outlook Share, 2023 & 2030 (US$M)
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