India Injection Molding Market Size & Outlook, 2022-2030
India injection molding market, 2018-2030 (US$M)
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India injection molding market highlights
- The India injection molding market generated a revenue of USD 20,161.3 million in 2022 and is expected to reach USD 32,361.6 million by 2030.
- The India market is expected to grow at a CAGR of 6.1% 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 20,161.3 million |
| Market revenue in 2030 | USD 32,361.6 million |
| Growth rate | 6.1% (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, India accounted for 7.4% 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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India 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 98.12% in 2022. Horizon Databook has segmented the India injection molding market based on plastics, metal, other material covering the revenue growth of each sub-segment from 2018 to 2030.
According to the IMF, India’s GDP expected to witness growth of 6.8% in 2024 and 6.5% in 2025. This growth is significantly attributed to the increasing working population and rising domestic demand. Healthcare sector in India is expected to grow significantly owing to several factors including increasing population, rising disposable incomes, increasing access to insurance, greater health awareness, and increasing expenditure by public and private players in the industry.
Moreover, the rising prevalence of obesity has increased the instances of chronic illnesses such as heart diseases and diabetes, which further require various healthcare treatments and services. This is anticipated to benefit the growth of medical products, thereby, driving the demand for injection molding in the country.
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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 country-level data and insights on the India injection molding market , including forecasts for subscribers. This country databook contains high-level insights into India injection molding market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India injection molding market size, by material, 2018-2030 (US$M)
India Injection Molding Market Outlook Share, 2022 & 2030 (US$M)
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