India Injection Molding Machine Market Size, Share & Trends Analysis Report By Material (Metal, Plastic), By Technology (Hybrid, Hydraulic, Electric), By End-use (Automotive, Consumer Goods, Packaging), And Segment Forecasts, 2025 - 2030

Market Size & Trends

The India injection molding machine market size was estimated at USD 860.7 million in 2024 and is anticipated to grow at a CAGR of 5.5% from 2025 to 2030. The market has been experiencing steady growth, primarily driven by the booming manufacturing sector and the increasing demand for plastic products across various industries. As sectors such as automotive, consumer goods, packaging, and electronics expand, the need for efficient and high-quality manufacturing processes becomes critical. This surge in demand is also bolstered by government initiatives aimed at boosting manufacturing capabilities under programs like "Make in India," which encourages local production and innovation. Moreover, the rising emphasis on automation and smart manufacturing is pushing manufacturers to invest in advanced injection molding technologies that enhance productivity and reduce operational costs.

In addition to technological advancements, the market is witnessing a shift towards sustainable practices, with manufacturers increasingly adopting eco-friendly materials and energy-efficient machines. The growing awareness of environmental issues among consumers and regulatory bodies is encouraging companies to seek out sustainable production methods. As a result, the market is also seeing a rise in the demand for electric injection molding machines, which offer lower energy consumption and reduced carbon footprints compared to their hydraulic counterparts. As these trends continue to evolve, the Indian injection molding machine market is poised for further growth, attracting more investments and innovation in the coming years.

Drivers, Opportunities & Restraints

The growth of the India injection molding machine market is significantly driven by the rapid expansion of various end use industries such as automotive, consumer goods, and packaging. The increasing demand for lightweight and durable plastic products, coupled with the rise of automation and Industry 4.0, has led manufacturers to invest in advanced injection molding technologies. Moreover, government initiatives like "Make in India" are further enhancing manufacturing capabilities, which in turn propels market growth by encouraging local production and reducing dependency on imports.

Despite the positive growth prospects, the Indian injection molding machine market faces certain challenges. High initial capital investment and operational costs related to advanced machinery can be a deterrent for smaller manufacturers. Additionally, fluctuations in raw material prices can impact production costs and profit margins. Moreover, the lack of skilled workforce and technical expertise in operating sophisticated machinery may hinder the efficient adoption of new technologies, creating barriers to optimal market growth.

The Indian injection molding machine market is ripe with opportunities, particularly in the adoption of electric and hybrid injection molding machines that offer energy efficiency and sustainability. As environmental concerns gain prominence, there is a growing demand for machines that utilize eco-friendly materials and processes. Furthermore, the increasing trend towards customization in manufacturing provides a unique opportunity for machine manufacturers to innovate and develop specialized machines that meet specific client needs, driving further growth in the sector.

Material Insights

“The demand for the plastics material is expected to grow at a significant CAGR of 5.7% from 2025 to 2030 in terms of revenue.”

The plastics material segment accounted for a significant market share of 75.1%, in terms of revenue, in 2024. The rapid surge in demand for plastic components within the automotive industry, attributed to their lightweight nature and cost-effectiveness, is anticipated to fuel the growth of the plastic segment in the coming years. Plastic molded parts offer an efficient solution for high-volume production while ensuring cost efficiency. Additionally, the recent focus on lightweight materials to improve fuel efficiency has led to a greater adoption of plastic molded components. This trend is further complemented by the increasing need for plastic molded parts in the manufacturing of medical devices.

The demand for metal materials in the Indian injection molding machine market is steadily increasing, driven by the need for durable and high-performance components in machinery construction. Metal parts, such as molds, frames, and precision components, play a crucial role in ensuring the longevity and efficiency of injection molding machines. As industries continue to advance towards more automated and precise manufacturing processes, the reliance on robust metal materials that can withstand high temperatures and pressures is paramount. Additionally, as the automotive and consumer goods sectors grow, the need for high-quality metal components for intricate mold designs is becoming increasingly important, further propelling the demand for metal materials in this market.

Technology Insights

“The demand for the electric technology segment is expected to grow at a significant CAGR of 7.1% from 2025 to 2030 in terms of revenue.”

The hydraulic technology segment accounted for a market share of 79.8%, in terms of revenue, in 2024. The demand for hydraulic injection molding machines remains strong in the Indian market, primarily due to their established reliability and high clamping force capabilities. These machines are particularly favored for large-scale production and heavy-duty applications, making them ideal for the automotive and packaging industries where robust molded parts are required. Manufacturers appreciate the ability of hydraulic machines to handle a wide range of materials and complex part geometries effectively. Additionally, the relatively lower initial investment compared to electric machines continues to attract budget-conscious businesses, ensuring that hydraulic machines maintain a significant share of the market.

The demand for electric injection molding machines in India is on the rise, driven by a growing emphasis on energy efficiency, precision, and sustainability. These machines use electric drives to achieve higher accuracy and reduced energy consumption, making them increasingly appealing to manufacturers looking to lower operational costs and improve their environmental footprint. As industries pivot towards automation and smart manufacturing solutions, electric injection molding machines are seen as ideal for minimizing cycle times and enhancing production efficiency. The trend towards lightweighting and the use of advanced materials in sectors like automotive and consumer goods further fuels the adoption of electric machines, positioning them as a vital component of the future of injection molding technology.

End-use Insights

“The demand for the electronics end use segment is expected to grow at a significant CAGR of 6.2% from 2025 to 2030 in terms of revenue.”

The automotive end use segment led the market and accounted for 29.0% of the revenue share in 2024. Injection molding machines are pivotal in the automotive industry, where they are used to manufacture a wide range of plastic components, from interior parts like dashboards and door panels to exterior elements such as bumpers and grilles. The efficiency of injection molding allows for high production rates and precise molding of complex shapes, which is essential for the lightweight and fuel-efficient designs increasingly demanded in modern vehicles.

In the electronics sector, injection molding machines play a crucial role in producing various components such as casings, connectors, and intricate assemblies for devices like smartphones, computers, and home appliances. This manufacturing process allows for high precision and repeatability, which are essential for the tightly packed and intricate designs characteristic of electronic devices. The ability to use specialized plastics can enhance electrical insulation, heat resistance, and overall aesthetics, ensuring that the products not only function effectively but also meet consumer expectations for appearance and durability. Moreover, the automation of injection molding contributes to faster production cycles and reduced labor costs, making it an attractive option for electronics manufacturers.

Key India Injection Molding Machine Company Insights

Some of the key players operating in the India injection molding machine market include Arburg GmbH + Co KG, HAITIAN INTERNATIONAL, KraussMaffei, among others.

• Arburg GmbH + Co KG designs and manufactures injection molding machines and their spare parts for use in plastic processing applications. The company also provides engineering and consulting services, as well as offers individual project support for installing and maintaining injection molding machines. It offers a wide range of products and services such as hydraulic machines, hybrid machines, electric machines, cube machines, vertical machines, and accessories. It offers its products and services to automotive, electronics, packaging, medical, robotic, and consumer goods end use industries. It provides a wide range of consulting services such as turnkey consulting, applications technology, and production efficiency and management. The company operates in 36 locations and maintains trading partnerships in over 100 countries.

• HAITIAN INTERNATIONAL, designs and produces injection molding machines for use in a wide range of applications in plastic processing industry. The company caters to the requirements of chemicals, automotive, electronics, consumer goods, medical, and packaging industries. It operates its business through two segments, namely ZHAFIR plastic machinery for high-precision plastics and HAITIAN plastic machinery for mass production. As of 2023, the company had 60 regional sales and service centers for customers in over 130 countries.

UBE Machinery, Inc. are some of the emerging players in the India injection molding machine market.

• UBE Machinery, Inc. manufactures, sells, and maintains die-casting machines, extrusion presses, injection molding machines, chemical equipment, vertical mills, bulk handling machines, water screening equipment, and steel structures. In addition, the company also offers inspection, diagnosis, training, modification, and repair services for injection molding machines and other industrial machines. It offers industrial equipment for usage in the chemicals, ceramics, cement, transportation, and construction industries.

Recent Developments

• In July 2024, Shibaura Machine India, a global manufacturer of high-precision injection moulding machines, has officially opened its second factory next to its current facility in Chennai, India. With an investment of Rs. 225 crore, this new plant is designed to enhance SMI’s manufacturing capabilities in the country.

India Injection Molding Machine Market Report Scope

India Injection Molding Machine Market Report Segmentation

This report forecasts revenue growth at country level and provides an analysis on the industry trends in each of the sub-segments from 2018 to 2030. For the purpose of this study, Grand View Research has segmented the India injection molding machine market report based on material, technology, and end-use:

• Material Outlook (Revenue, USD Million, 2018 - 2030)

  • Plastics

  • Metal

  • Others

• Technology Outlook (Revenue, USD Million, 2018 - 2030)

  • Hydraulic

  • Electric

  • Hybrid

• End-use Outlook (Revenue, USD Million; 2018 - 2030)

  • Automotive

  • Consumer Goods

  • Packaging

  • Electronics

  • Others