Asia Pacific Injection Molding Machine Market Size & Outlook

The injection molding machine market in Asia Pacific is expected to reach a projected revenue of US$ 8,970.2 million by 2030. A compound annual growth rate of 5.2% is expected of Asia Pacific injection molding machine market from 2024 to 2030.
Revenue, 2023 (US$M)
$6,295.7
Forecast, 2030 (US$M)
$8,970.2
CAGR, 2024 - 2030
5.2%
Report Coverage
Asia Pacific

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Asia Pacific injection molding machine market, 2018-2030 (US$M)

Asia Pacific injection molding machine market, 2018-2030 (US$M)

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Asia Pacific injection molding machine market highlights

  • The Asia Pacific injection molding machine market generated a revenue of USD 6,295.7 million in 2023.
  • The 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.
  • Country-wise, India is expected to register the highest CAGR from 2024 to 2030.


Asia Pacific data book summary

Market revenue in 2023USD 6,295.7 million
Market revenue in 2030USD 8,970.2 million
Growth rate5.2% (CAGR from 2023 to 2030)
Largest segmentPlastics
Fastest growing segmentPlastics
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPlastics, Metals, Other Materials
Key market players worldwideArburg, 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, Asia Pacific region accounted for 39.4% of the global injection molding machine market in 2023.
  • 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 8,970.2 million by 2030.

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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

Asia Pacific 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 75.72% in 2023. Horizon Databook has segmented the Asia Pacific injection molding machine market based on plastics, metals, other materials covering the revenue growth of each sub-segment from 2018 to 2030.


Asia Pacific is the fastest-growing region in the world, contributing to over two-thirds of the global economic growth. According to the International Monetary Fund, the region is anticipated to grow at a rate of 4.5% to 5% in 2024. The region is one of the most lucrative destinations for automotive, medical, packaging, and electronic companies.

The flourishing automotive industry in Asia Pacific is projected to contribute to the adoption of injection molding machines in the region over the forecast period. Since the advent of electric vehicles, several significant policy announcements have been made to encourage the adoption of these vehicles in the region.

Policies such as increased fuel economy standards, high emission requirements, and distribution of several direct subsidies have been crucial factors contributing to the rise in the sales of electric vehicles in Asia Pacific.

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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific injection molding machine market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific injection molding machine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Asia Pacific injection molding machine market size, by country, 2018-2030 (US$M)

Asia Pacific Injection Molding Machine Market Outlook Share, 2023 & 2030 (US$M)

Asia Pacific injection molding machine market size, by country, 2018-2030 (US$M)

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