China Injection Molding Market Size & Outlook, 2022-2030
China injection molding market, 2018-2030 (US$M)
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China injection molding market highlights
- The China injection molding market generated a revenue of USD 47,267.8 million in 2022 and is expected to reach USD 73,861.5 million by 2030.
- The China market is expected to grow at a CAGR of 5.7% 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 47,267.8 million |
| Market revenue in 2030 | USD 73,861.5 million |
| Growth rate | 5.7% (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, China accounted for 17.3% 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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China 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 98.11% in 2022. Horizon Databook has segmented the China injection molding market based on plastics, metal, other material covering the revenue growth of each sub-segment from 2018 to 2030.
According to the Asian Development Bank (ADB), China’s GDP growth is anticipated to attain a value of 4.8% in 2024. According to the National Bureau of Statistics of China, in March 2024, the industrial output of the country rose by 7% compared to last year up to March.
The ongoing resilience is expected to result in increasing investments in infrastructural developments, robust economic recovery, and growing disposable income. This is expected to propel the growth of the injection molding market in the country in the coming years.
The chart below shows the manufacturing purchasing Managers’ index (PMI) for the period March’23 to March’24, according to the National Bureau of Statistics of China. The first quarter of the 2024 has experienced a good start in terms of manufacturing and economic output.
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Our clientele includes a mix of injection molding market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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 country-level data and insights on the China injection molding market , including forecasts for subscribers. This country databook contains high-level insights into China injection molding market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China injection molding market size, by material, 2018-2030 (US$M)
China Injection Molding Market Outlook Share, 2022 & 2030 (US$M)
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