Spain Injection Molding Machine Market Size & Outlook
Spain injection molding machine market, 2018-2030 (US$M)
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Spain injection molding machine market highlights
- The Spain injection molding machine market generated a revenue of USD 317.6 million in 2023 and is expected to reach USD 417.0 million by 2030.
- The Spain market is expected to grow at a CAGR of 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 317.6 million |
| Market revenue in 2030 | USD 417.0 million |
| Growth rate | 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, Spain accounted for 2.0% 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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Spain 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 77.58% in 2023. Horizon Databook has segmented the Spain injection molding machine market based on plastics, metals, other materials covering the revenue growth of each sub-segment from 2018 to 2030.
The growth in the GDP of Spain is fueled by the national economic recovery plans, and a gradual increase in tourism activities in the country. The demand for injection molding machines in Spain is expected to be driven by its automotive industry.
According to ICEX, the automobile manufacturing sector of the country was the second-largest in Europe. The sector is expected to continue to witness growth over the forecast period, thereby fueling the growth of the injection molding machine market in Spain.
According to the National Automotive Association (ANFAC), the automotive production sector is expected to witness promising growth in 2024. The automotive production increased in January 2024 by 18.7% on year, reaching 230,956 units produced.
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Horizon Databook provides a detailed overview of country-level data and insights on the Spain injection molding machine market , including forecasts for subscribers. This country databook contains high-level insights into Spain injection molding machine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain injection molding machine market size, by material, 2018-2030 (US$M)
Spain Injection Molding Machine Market Outlook Share, 2023 & 2030 (US$M)
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