Italy Injection Molding Machine Market Size & Outlook
Italy injection molding machine market, 2018-2030 (US$M)
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Italy injection molding machine market highlights
- The Italy injection molding machine market generated a revenue of USD 581.7 million in 2023 and is expected to reach USD 748.9 million by 2030.
- The Italy market is expected to grow at a CAGR of 3.7% 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 581.7 million |
| Market revenue in 2030 | USD 748.9 million |
| Growth rate | 3.7% (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, Italy accounted for 3.6% 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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Italy 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 77.82% in 2023. Horizon Databook has segmented the Italy injection molding machine market based on plastics, metals, other materials covering the revenue growth of each sub-segment from 2018 to 2030.
The automotive industry is one of the major industries in Italy. The rising adoption of hybrid and electric vehicles is the key driving factor for the growth of the automotive industry in the country. Injection molding machine is widely used to produce numerous automotive components such as bumpers, electrical housings, exterior body panels, and dashboards.
The construction industry in Italy is recovering after several years of economic crisis. The growing retail, manufacturing, and tourism sectors of the country are anticipated to result in increased construction activities in Italy. In addition, the moderate growth in institutional construction activities in the country is projected to result in the growth of the construction industry in Italy over the forecast period.
The flourishing commercial sector, comprising retail chains, shopping malls, supermarkets, and hypermarkets that require high-quality, low-maintenance buildings is expected to fuel the demand for injection molded products and the injection molding machine, thereby driving the growth of injection molding machine market in Italy over the forecast period.
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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 country-level data and insights on the Italy injection molding machine market , including forecasts for subscribers. This country databook contains high-level insights into Italy injection molding machine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy injection molding machine market size, by material, 2018-2030 (US$M)
Italy Injection Molding Machine Market Outlook Share, 2023 & 2030 (US$M)
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