Argentina Injection Molding Machine Market Size & Outlook
Related Markets
Argentina's national universal healthcare coverage plan is likely to receive funding from international loans provided by international development banks. This funding will support government programs focused on primary care, maternal care, communicable and immuno-preventable diseases, and healthcare infrastructure. The high healthcare spending by the Argentinian government to improve healthcare facilities is likely to generate demand for medical devices such as diagnostic testing kits, personal protection equipment, and surgical & drug delivery equipment, which will drive the injection molding machine market in the country. For instance, according to International Trade Administration, healthcare expenditures in Argentina consistently represent around 9% to 10% of GDP, ranking among the highest in the region.injection molding machine market highlights
- The Argentina injection molding machine market generated a revenue of USD 289.8 million in 2023 and is expected to reach USD 413.6 million by 2030.
- The Argentina market is expected to grow at a CAGR of 5.2% from 2024 to 2030.
- In terms of segment, plastics was the largest revenue generating material in 2023.
- Plastics is the most lucrative material segment registering the fastest growth during the forecast period.
Injection molding machine market data book summary
| Market revenue in 2023 | USD 289.8 million |
| Market revenue in 2030 | USD 413.6 million |
| Growth rate | 5.2% (CAGR from 2023 to 2030) |
| Largest segment | Plastics |
| Fastest growing segment | Plastics |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Plastics, Metals, Other Materials |
| Key market players worldwide | Arburg, Haitian International Holdings Ltd, Milacron India, Sumitomo Corp, Chen Hsong Holdings Ltd, Husky Injection Molding Systems, The Japan Steel Works Ltd, Ube Corp, WITTMANN, Shibaura Machine Co Ltd, Nissei Plastic Industrial, ENGEL AUSTRIA GmbH, Toyo Machinery & Metal, KraussMaffei |
Other key industry trends
- In terms of revenue, Argentina accounted for 1.8% of the global injection molding machine market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil injection molding machine market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 648.8 million by 2030.
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Injection Molding Machine Market Scope
Injection Molding Machine Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Toyo Machinery & Metal | View profile | 501-1000 | Akashi, Hyogo, Japan, Asia | http://www.toyo-mm.co.jp/ |
| Nissei Plastic Industrial | View profile | 1001-5000 | Sakaki, Nagano, Japan, Asia | http://www.nisseijushi.co.jp/ |
| ENGEL AUSTRIA GmbH | View profile | 5001-10000 | Schwertberg, Oberosterreich, Austria, Europe | http://engelglobal.com |
| KraussMaffei | View profile | 5001-10000 | Munich, Bayern, Germany, Europe | http://www.kraussmaffei.com/ |
| Shibaura Machine Co Ltd | View profile | 3037 | 2068-3 Ooka, Shizuoka Prefecture, Numazu, Japan, 410-8510 | http://www.toshiba-machine.co.jp |
| Chen Hsong Holdings Ltd | View profile | 2300 | 18 Whitfield Road, Unit 2001, 20th Floor, Citicorp Centre, Hong Kong, Hong Kong | https://www.chenhsong.com |
| Haitian International Holdings Ltd | View profile | 7382 | No.1688 Haitian Road, Beilun District, Zhejiang Province, Ningbo, China, People's Republic of, 315800 | https://www.haitianinter.com |
| WITTMANN | View profile | 1001-5000 | Vienna, Wien, Austria, Europe | https://www.wittmann-group.com |
| Arburg | View profile | 1001-5000 | Loßburg, Baden-Wurttemberg, Germany, Europe | https://www.arburg.com |
| Husky Injection Molding Systems | View profile | 1001-5000 | Bolton, Ontario, Canada, North America | https://www.husky.co/en |
| Milacron India | View profile | 501-1000 | Ahmedabad, Gujarat, India, Asia | https://www.milacronindia.com/ |
| Ube Corp | View profile | 8019 | Seavans North Building, 1-2-1, Shibaura, Minato-Ku, Tokyo, Japan, 105-8449 | https://www.ube.co.jp |
| The Japan Steel Works Ltd | View profile | 5796 | Gate City Ohsaki-West Tower, 11-1, Osaki 1-chome, Shinagawa-ku, Tokyo, Japan, 141-0032 | http://www.jsw.co.jp |
| Sumitomo Corp | View profile | 108457 | 3-2 Otemachi 2-Chome, Chiyoda-ku, Tokyo, Japan, 100-8601 | http://www.sumitomocorp.co.jp |
Argentina 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 injection molding machine market will help companies and investors design strategic landscapes.
Plastics was the largest segment with a revenue share of 77.64% in 2023. Horizon Databook has segmented the Argentina injection molding machine market based on plastics, metals, other materials covering the revenue growth of each sub-segment from 2018 to 2030.
Argentina's national universal healthcare coverage plan is likely to receive funding from international loans provided by international development banks. This funding will support government programs focused on primary care, maternal care, communicable and immuno-preventable diseases, and healthcare infrastructure.
The high healthcare spending by the Argentinian government to improve healthcare facilities is likely to generate demand for medical devices such as diagnostic testing kits, personal protection equipment, and surgical & drug delivery equipment, which will drive the injection molding machine market in the country.
For instance, according to International Trade Administration, healthcare expenditures in Argentina consistently represent around 9% to 10% of GDP, ranking among the highest in the region.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina injection molding machine market , including forecasts for subscribers. This country databook contains high-level insights into Argentina injection molding machine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina injection molding machine market size, by material, 2018-2030 (US$M)
Argentina Injection Molding Machine Market Outlook Share, 2023 & 2030 (US$M)
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