Saudi Arabia Injection Molding Market Size & Outlook
Saudi Arabia injection molding market, 2018-2030 (US$M)
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Saudi Arabia injection molding market highlights
- The Saudi Arabia injection molding market generated a revenue of USD 9,637.2 million in 2022 and is expected to reach USD 14,201.0 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 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 9,637.2 million |
| Market revenue in 2030 | USD 14,201.0 million |
| Growth rate | 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, Saudi Arabia accounted for 3.5% 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 Middle East & Africa, Saudi Arabia injection molding market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 14,201.0 million by 2030.
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Injection Molding Market Scope
Injection Molding Market Companies
| Name | Profile | # Employees | HQ | Website |
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Saudi Arabia 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 98.08% in 2022. Horizon Databook has segmented the Saudi Arabia injection molding market based on plastics, metal, other material covering the revenue growth of each sub-segment from 2018 to 2030.
To improve the healthcare facilities in the country, the Saudi Arabian government has been investing in the country’s healthcare sector. According to the data published by the International Trade Administration in January 2024, the Saudi Arabian government allocated USD 50.4 billion in 2023 to healthcare and social development, which accounted for 16.9% of the total government spending for that year, including the construction of new hospitals and clinics.
In addition to that, to address the growing number of noncommunicable diseases and improve healthcare facilities, the Ministry of Health (MOH) in Saudi Arabia is set to launch 21 health clusters across the country.
These clusters are expected to be a network of healthcare providers, serving about a million individuals to offer integrated and preventive care. With the establishment of health clusters, the demand for medical equipment used in healthcare facilities is expected to increase in the coming years.
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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 Saudi Arabia injection molding market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia injection molding market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia injection molding market size, by material, 2018-2030 (US$M)
Saudi Arabia Injection Molding Market Outlook Share, 2022 & 2030 (US$M)
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