Europe Injection Molding Machine Market Size & Outlook
Europe injection molding machine market, 2018-2030 (US$M)
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Europe injection molding machine market highlights
- The Europe injection molding machine market generated a revenue of USD 3,669.4 million in 2023.
- The market is expected to grow at a CAGR of 4.3% 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.
- Country-wise, Denmark is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 3,669.4 million |
| Market revenue in 2030 | USD 4,926.0 million |
| Growth rate | 4.3% (CAGR from 2023 to 2030) |
| Largest segment | Plastics |
| Fastest growing segment | Plastics |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, Europe region accounted for 22.9% of the global injection molding machine market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 8,970.2 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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Europe 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 77.67% in 2023. Horizon Databook has segmented the Europe injection molding machine market based on plastics, metals, other materials covering the revenue growth of each sub-segment from 2018 to 2030.
Europe is home to some of the most industrialized economies in the world. The region has witnessed relative stability in terms of annual growth rate. Germany, Italy, France, and Spain are notable countries in Germany, which is the largest market for injection molding machines in Europe.
The presence of advanced infrastructure and facilities, increased research and development initiatives, and the availability of a highly skilled workforce are also anticipated to increase the demand for injection molding machines in Europe over the forecast period.
Increasing demand for packaged food & beverages from Europe is expected to drive the growth of injection molding machines in the region. Packaging has been the leading application segment of the injection molding machine market in Europe for the past few years.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe injection molding machine market , including forecasts for subscribers. This continent databook contains high-level insights into Europe injection molding machine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe injection molding machine market size, by country, 2018-2030 (US$M)
Europe Injection Molding Machine Market Outlook Share, 2023 & 2030 (US$M)
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