UAE Injection Molding Market Size & Outlook, 2022-2030
UAE injection molding market, 2018-2030 (US$M)
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UAE injection molding market highlights
- The UAE injection molding market generated a revenue of USD 5,148.3 million in 2022 and is expected to reach USD 7,306.9 million by 2030.
- The UAE 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 5,148.3 million |
| Market revenue in 2030 | USD 7,306.9 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, UAE accounted for 1.9% 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 |
|---|
UAE 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 98.2% in 2022. Horizon Databook has segmented the UAE injection molding market based on plastics, metal, other material covering the revenue growth of each sub-segment from 2018 to 2030.
The e-commerce sector in UAE has been increasing, as most of the population has access to mobile phones and the internet. As per a recent report by the International Trade Administration, the UAE has emerged as the leader of e-commerce in the Gulf Cooperation Council (GCC) states.
The market witnessed a remarkable surge of 53% in 2020, with e-commerce sales reaching a record high of USD 3.9 billion, which constituted around 10% of total retail sales. In addition, The Dubai Chamber of Commerce and Industry anticipates that e-commerce will generate sales worth USD 8 billion by the year 2025.
The e-commerce industry heavily relies on packaging to ensure that products are delivered to customers in a good state. Injection molding plays a vital role in producing packaging materials, such as plastic bags, boxes, and containers, which are durable, lightweight, and cost-effective.
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Target buyers of UAE injection molding market databook
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the UAE injection molding market , including forecasts for subscribers. This country databook contains high-level insights into UAE injection molding market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UAE injection molding market size, by material, 2018-2030 (US$M)
UAE Injection Molding Market Outlook Share, 2022 & 2030 (US$M)
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