Latin America Plastic Injection Molding Machine Market Size & Outlook
The plastic injection molding machine market in Latin America is expected to reach a projected revenue of US$ 1,606.8 million by 2030. A compound annual growth rate of 5.1% is expected of Latin America plastic injection molding machine market from 2023 to 2030.
Revenue, 2022 (US$M)
$1,081.9
Forecast, 2030 (US$M)
$1,606.8
CAGR, 2023 - 2030
5.1%
Report Coverage
Latin America
Latin America plastic injection molding machine market, 2018-2030 (US$M)
Related Markets
Latin America plastic injection molding machine market highlights
- The Latin America plastic injection molding machine market generated a revenue of USD 1,081.9 million in 2022.
- The market is expected to grow at a CAGR of 5.1% from 2023 to 2030.
- In terms of segment, hydraulic was the largest revenue generating technology in 2022.
- Electric is the most lucrative technology segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 1,081.9 million |
| Market revenue in 2030 | USD 1,606.8 million |
| Growth rate | 5.1% (CAGR from 2022 to 2030) |
| Largest segment | Hydraulic |
| Fastest growing segment | Electric |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hydraulic, Electric, Hybrid |
| Key market players worldwide | Arburg, Haitian International Holdings Ltd, Krauss-Maffei Wegmann, Milacron India, Chen Hsong Holdings Ltd, Ube Corp, Husky Injection Molding Systems, WITTMANN |
Other key industry trends
- In terms of revenue, Latin America region accounted for 9.2% of the global plastic injection molding machine market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 6,871.1 million by 2030.
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Plastic Injection Molding Machine Market Scope
Plastic injection molding machine market segmentation & scope
Plastic Injection Molding Machine Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America plastic injection molding machine 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 plastic injection molding machine market will help companies and investors design strategic landscapes.
Hydraulic was the largest segment with a revenue share of 60.25% in 2022. Horizon Databook has segmented the Latin America plastic injection molding machine market based on hydraulic, electric, hybrid covering the revenue growth of each sub-segment from 2018 to 2030.
- Latin America Plastic Injection Molding Machine Technology Outlook (Revenue, USD Million, 2018-2030)
- Injection Stretch
- Injection
- Extrusion
- Hydraulic
- Electric
- Hybrid
- Latin America Plastic Injection Molding Machine End Use Outlook (Revenue, USD Million, 2018-2030)
- Packaging
- Automotive
- Electronics
- Medical
- Construction
- Consumer Goods
- Others
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America plastic injection molding machine market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America plastic injection molding machine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America plastic injection molding machine market
Latin America Plastic Injection Molding Machine Market Outlook Share, 2022 & 2030 (US$M)
Latin America plastic injection molding machine market
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