Italy Injection Molding Market Size & Outlook, 2022-2030
Italy injection molding market, 2018-2030 (US$M)
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Italy injection molding market highlights
- The Italy injection molding market generated a revenue of USD 7,509.4 million in 2022 and is expected to reach USD 10,654.5 million by 2030.
- The Italy 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 7,509.4 million |
| Market revenue in 2030 | USD 10,654.5 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, Italy accounted for 2.7% 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 Europe, Germany injection molding market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 23,797.7 million by 2030.
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Injection Molding Market Scope
Injection Molding Market Companies
| Name | Profile | # Employees | HQ | Website |
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Italy 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 98.41% in 2022. Horizon Databook has segmented the Italy injection molding market based on plastics, metal, other material covering the revenue growth of each sub-segment from 2018 to 2030.
The automotive industry is one of the major industries in Italy. The rising adoption of hybrid and electric vehicles is the key driving factor for the growth of the automotive industry in the country. Injection molding is widely used to produce numerous automotive components such as bumpers, electrical housings, exterior body panels, and dashboards.
Further, government initiatives and financial support are likely to boost the automotive industry in the country. For instance, in February 2024, the Italian government announced plans to invest USD 1.0 billion in subsidies in 2024 for transitioning into cleaner cars and boost the automotive sector.
Around 15,000 Euros will be offered as a subsidy under this initiative by Rome for purchasing fully electric cars. The flourishing automotive industry in Italy is projected to drive the growth of the injection molding market in the country over the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy injection molding market , including forecasts for subscribers. This country databook contains high-level insights into Italy injection molding market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy injection molding market size, by material, 2018-2030 (US$M)
Italy Injection Molding Market Outlook Share, 2022 & 2030 (US$M)
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