Market revenue in 2022 | USD 5,148.5 million |
Market revenue in 2030 | USD 6,845.1 million |
Growth rate | 3.6% (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 |
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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 98.42% in 2022. Horizon Databook has segmented the Canada injection molding market based on plastics, metal, other material covering the revenue growth of each sub-segment from 2018 to 2030.
According to the Business Development Bank of Canada, the economy of the country grew moderately in 2023 and likely to continue with a slight moderation in 2024. The economic growth of the country in 2024 is expected to witness a 0.9% value from 1.1% in 2023.
Favorable economic growth in Canada is expected to open new avenues for the sales of injection molded components across its various end-use industries. The construction industry in Canada is expected to witness growth in the coming years, primarily due to its increasing population, ongoing urbanization, and surging immigration rate.
Moreover, the efforts made by the government of the country to enhance its residential and public infrastructures are expected to complement the growth of the construction industry in Canada. For instance, in April 2024 Federal Government announced plans to lease public lands to boost the construction of new housing projects.
Horizon Databook provides a detailed overview of country-level data and insights on the Canada injection molding market , including forecasts for subscribers. This country databook contains high-level insights into Canada injection molding market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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