Asia Pacific Injection Molding Market Size & Outlook
Asia Pacific injection molding market, 2018-2030 (US$M)
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Asia Pacific injection molding market highlights
- The Asia Pacific injection molding market generated a revenue of USD 111,161.5 million in 2022.
- The market is expected to grow at a CAGR of 5.5% from 2023 to 2030.
- In terms of segment, plastics was the largest revenue generating material in 2022.
- Metal is the most lucrative material segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2023 to 2030.
Asia Pacific data book summary
| Market revenue in 2022 | USD 111,161.5 million |
| Market revenue in 2030 | USD 170,490.2 million |
| Growth rate | 5.5% (CAGR from 2022 to 2030) |
| Largest segment | Plastics |
| Fastest growing segment | Metal |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Plastics, Metal, Other Material |
| Key market players worldwide | Biomerics, Proto Labs Inc, C&J Industries, Inc, All-Plastics, HTI Plastics, The Rodon Group, EVCO Plastics, Tessy Plastics Corporation, Currier Plastics, Formplast, H&K Müller, Hehnke, TR PLAST GROUP |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 40.7% of the global injection molding market in 2022.
- 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 170,490.2 million by 2030.
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Injection Molding Market Scope
Injection Molding Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific injection molding 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 market will help companies and investors design strategic landscapes.
Plastics was the largest segment with a revenue share of 98.18% in 2022. Horizon Databook has segmented the Asia Pacific injection molding market based on plastics, metal, other material covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific is the fastest-growing region in the world, contributing to over two-thirds of the global economic growth. According to the International Monetary Fund, the region is anticipated to grow with a rate of 4.5% to 5% in 2024.
The region is one of the most lucrative destinations for automotive, medical, aerospace, and electronic companies. The flourishing automotive industry in Asia Pacific is projected to contribute to the adoption of injection molding in the region over the forecast period.
Healthcare industry in Asia Pacific is expected to witness steady growth over the forecast period. Major factors contributing to the growth include expanding healthcare infrastructures such as hospitals and clinics, an increasing number of people opting for home care facilities and rising medical tourism in the region.
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Target buyers of Asia Pacific injection molding market databook
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Our clientele includes a mix of injection molding market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific injection molding market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific injection molding market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific injection molding market size, by country, 2018-2030 (US$M)
Asia Pacific Injection Molding Market Outlook Share, 2022 & 2030 (US$M)
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