South Korea Injection Molding Machine Market Size & Outlook
Global Market
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South Korea injection molding machine market highlights
- The South Korea injection molding machine market generated a revenue of USD 806.7 million in 2025 and is expected to reach USD 1,113.4 million by 2033.
- The South Korea market is expected to grow at a CAGR of 4.2% from 2026 to 2033.
- In terms of segment, plastics was the largest revenue generating material in 2025.
- 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 2025 | USD 806.7 million |
| Market revenue in 2033 | USD 1,113.4 million |
| Growth rate | 4.2% (CAGR from 2026 to 2033) |
| Largest segment | Plastics |
| Fastest growing segment | Plastics |
| Historical data | 2021 - 2024 |
| Base year | 2025 |
| Forecast period | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Plastics, Metals |
| 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, South Korea accounted for 4.6% of the global injection molding machine market in 2025.
- Country-wise, China is expected to lead the global market in terms of revenue in 2033.
- In Asia Pacific, China injection molding machine market is projected to lead the regional market in terms of revenue in 2033.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,581.0 million by 2033.
According to the U.S. Department of State, South Korea is an attractive investment destination for foreign players largely because of its political stability, logistics, and information & communications infrastructure. The U.S.-Korea Free Trade Agreement (KORUS), which came into force in 2019, further improved the investment inflow from the U.S.
Macroeconomic factors in the country, such as spending power and rising income, favor the growth of the packaging industry as consumers tend to spend more on eating out and processed food. The South Korean government offers funds and support for research that favors robotics in the market.
South Korea is one of the leaders in robotics all over the world. The government of South Korea is investing to advance its medical industry, leading to an increase in innovations, product development, and demand for medical products.
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Publish Date: Sep 08, 2025
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Injection Molding Machine Market Scope
Injection Molding Machine Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Sumitomo Corp | View profile | 108,457 | 3-2 Otemachi 2-Chome, Chiyoda-ku, Tokyo, Japan, 100-8601 | www.sumitomocorp.co.jp |
| The Japan Steel Works Ltd | View profile | 5,796 | Gate City Ohsaki-West Tower, 11-1, Osaki 1-chome, Shinagawa-ku, Tokyo, Japan, 141-0032 | www.jsw.co.jp |
| Ube Corp | View profile | 8,019 | Seavans North Building, 1-2-1, Shibaura, Minato-Ku, Tokyo, Japan, 105-8449 | www.ube.co.jp |
| Milacron India | View profile | 501-1000 | Ahmedabad, Gujarat, India, Asia | www.milacronindia.com/ |
| Husky Injection Molding Systems | View profile | 1001-5000 | Bolton, Ontario, Canada, North America | www.husky.co/en |
| Arburg | View profile | 1001-5000 | Loßburg, Baden-Wurttemberg, Germany, Europe | www.arburg.com |
| WITTMANN | View profile | 1001-5000 | Vienna, Wien, Austria, Europe | www.wittmann-group.com |
| Haitian International Holdings Ltd | View profile | 7,382 | No.1688 Haitian Road, Beilun District, Zhejiang Province, Ningbo, China, People's Republic of, 315800 | www.haitianinter.com |
| Chen Hsong Holdings Ltd | View profile | 2,300 | 18 Whitfield Road, Unit 2001, 20th Floor, Citicorp Centre, Hong Kong, Hong Kong | www.chenhsong.com |
| Shibaura Machine Co Ltd | View profile | 3,037 | 2068-3 Ooka, Shizuoka Prefecture, Numazu, Japan, 410-8510 | www.toshiba-machine.co.jp |
South Korea 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 Outlook will help companies and investors design strategic landscapes.
Plastics was the largest segment with a revenue share of 79.47% in 2025.
Horizon Databook has segmented the South Korea injection molding machine market based on plastics, metals covering the revenue growth of each sub-segment from 2021 to 2033.
According to the U.S. Department of State, South Korea is an attractive investment destination for foreign players largely because of its political stability, logistics, and information & communications infrastructure. The U.S.-Korea Free Trade Agreement (KORUS), which came into force in 2019, further improved the investment inflow from the U.S.
Macroeconomic factors in the country, such as spending power and rising income, favor the growth of the packaging industry as consumers tend to spend more on eating out and processed food. The South Korean government offers funds and support for research that favors robotics in the market.
South Korea is one of the leaders in robotics all over the world. The government of South Korea is investing to advance its medical industry, leading to an increase in innovations, product development, and demand for medical products.
- South Korea Injection Molding Machine Market Material Outlook (Revenue, USD Million , 2021-2033)
- Plastics
- Metals
- Other Materials
- South Korea Injection Molding Machine Market Technology Outlook (Revenue, USD Million , 2021-2033)
- Hydraulic
- Electric
- Hybrid
- South Korea Injection Molding Machine Market End-use Outlook (Revenue, USD Million , 2021-2033)
- Automotive
- Consumer goods
- Packaging
- Electronics
- Other end-use
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea Injection Molding Machine Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into South Korea Injection Molding Machine Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
South Korea Injection Molding Machine Market, 2021-2033 (US$M)
South Korea injection molding machine market statistics, by material, 2021-2033 (US$M)
