Australia Injection Molding Market Size & Outlook
Australia injection molding market, 2018-2030 (US$M)
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Australia injection molding market highlights
- The Australia injection molding market generated a revenue of USD 6,628.6 million in 2022 and is expected to reach USD 9,446.5 million by 2030.
- The Australia market is expected to grow at a CAGR of 4.5% 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.
Injection molding market data book summary
| Market revenue in 2022 | USD 6,628.6 million |
| Market revenue in 2030 | USD 9,446.5 million |
| Growth rate | 4.5% (CAGR from 2022 to 2030) |
| Largest segment | Plastics |
| Fastest growing segment | Metal |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 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, Australia accounted for 2.4% of the global injection molding market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China injection molding market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 32,361.6 million by 2030.
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Injection Molding Market Scope
Injection Molding Market Companies
| Name | Profile | # Employees | HQ | Website |
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Australia 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 98.48% in 2022. Horizon Databook has segmented the Australia injection molding market based on plastics, metal, other material covering the revenue growth of each sub-segment from 2018 to 2030.
According to OECD, the GDP of Australia is expected to grow by 1.8% in 2024. The demand for healthcare services is expected to grow at a steady pace owing to the increasing burden of chronic diseases, high disposable income, and aging population, continuing advances in medical technology, and changing consumer expectations towards a high standard of medical treatments.
In addition, the people in Australia have higher life expectancies; as a result, the aging population is expected to rely on the healthcare system for care. Thus, rising demand for medical products is anticipated to have a positive impact on the growth of the medical injection molding market.
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Target buyers of Australia 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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Horizon Databook provides a detailed overview of country-level data and insights on the Australia injection molding market , including forecasts for subscribers. This country databook contains high-level insights into Australia injection molding market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia injection molding market size, by material, 2018-2030 (US$M)
Australia Injection Molding Market Outlook Share, 2022 & 2030 (US$M)
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