Mexico Injection Molding Machine Market Size & Outlook
Mexico injection molding machine market, 2018-2030 (US$M)
Related Markets
Mexico injection molding machine market highlights
- The Mexico injection molding machine market generated a revenue of USD 385.6 million in 2023 and is expected to reach USD 545.2 million by 2030.
- The Mexico market is expected to grow at a CAGR of 5.1% from 2024 to 2030.
- In terms of segment, plastics was the largest revenue generating material in 2023.
- Other Materials 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 385.6 million |
| Market revenue in 2030 | USD 545.2 million |
| Growth rate | 5.1% (CAGR from 2023 to 2030) |
| Largest segment | Plastics |
| Fastest growing segment | Other Materials |
| 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, Mexico accounted for 2.4% 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 North America, U.S. injection molding machine market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 545.2 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Injection Molding Machine Market Scope
Injection Molding Machine Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Mexico 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 75.41% in 2023. Horizon Databook has segmented the Mexico injection molding machine market based on plastics, metals, other materials covering the revenue growth of each sub-segment from 2018 to 2030.
According to the OECD forecasts, the GDP of Mexico is expected to attain value of 2.1% in 2024. Mexico is a geographically critical location for outsourcing production activities as it is adjacent to the U.S., one of the major export destinations for component manufacturers.
Moreover, the ease of conducting business activities, geographical proximity, and presence of supply sources for distributors and retailers make it one of the most preferred locations for manufacturers.
Mexico is one of the key players in the global automotive industry, with mainly conventional cars being produced. However, the government of the country is focusing on increasing the electric car production base, which is expected to impact the production of electric vehicles in Mexico further.
Reasons to subscribe to Mexico injection molding machine market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Mexico injection molding machine market databook
-
Our clientele includes a mix of injection molding machine market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Mexico injection molding machine market , including forecasts for subscribers. This country databook contains high-level insights into Mexico injection molding machine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Mexico injection molding machine market size, by material, 2018-2030 (US$M)
Mexico Injection Molding Machine Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
