UAE Injection Molding Machine Market Size & Outlook
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UAE injection molding machine market highlights
- The UAE injection molding machine market generated a revenue of USD 178.3 million in 2023 and is expected to reach USD 255.5 million by 2030.
- The UAE market is expected to grow at a CAGR of 5.3% 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 178.3 million |
| Market revenue in 2030 | USD 255.5 million |
| Growth rate | 5.3% (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, UAE accounted for 1.1% 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 Middle East & Africa, Saudi Arabia injection molding machine market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 255.5 million by 2030.
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Injection Molding Machine Market Scope
Injection Molding Machine Market Companies
| Name | Profile | # Employees | HQ | Website |
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UAE 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 77.79% in 2023. Horizon Databook has segmented the UAE injection molding machine market based on plastics, metals, other materials covering the revenue growth of each sub-segment from 2018 to 2030.
The e-commerce sector in UAE has been increasing, as most of the population has access to mobile phones and the internet. As per a recent report by the International Trade Administration, the UAE has emerged as the leader of e-commerce in the Gulf Cooperation Council (GCC) states.
The market witnessed a remarkable surge of 53% in 2020, with e-commerce sales reaching a record high of USD 3.9 billion, which constituted around 10% of total retail sales. In addition, The Dubai Chamber of Commerce and Industry anticipates that e-commerce will generate sales worth USD 8 billion by the year 2025.
The e-commerce industry heavily relies on packaging to ensure that products are delivered to customers in a good state. Injection molding machines play a crucial role in the packaging industry by producing a vast array of packaging products such as bottles, caps, containers, and closures with high precision and efficiency, meeting the demands of modern packaging solutions for food, beverages, pharmaceuticals, and consumer goods.
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Target buyers of UAE injection molding machine market databook
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Our clientele includes a mix of injection molding machine market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the UAE injection molding machine market , including forecasts for subscribers. This country databook contains high-level insights into UAE injection molding machine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UAE injection molding machine market size, by material, 2018-2030 (US$M)
UAE Injection Molding Machine Market Outlook Share, 2023 & 2030 (US$M)
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