Mexico - North America Injection Molding Market Size & Outlook
The injection molding market in Mexico - North America is expected to reach a projected revenue of US$ 6,941.4 million by 2033. A compound annual growth rate of 4.7% is expected of Mexico - North America injection molding market from 2026 to 2033.
The Mexico injection molding market generated a revenue of USD 4,831.0 million in 2025 and is expected to reach USD 6,941.4 million by 2033.
The Mexico market is expected to grow at a CAGR of 4.7% from 2026 to 2033.
In terms of segment, plastics was the largest revenue generating material in 2025.
Metal is the most lucrative material segment registering the fastest growth during the forecast period.
Injection molding market data book summary
Market revenue in 2025
USD 4,831.0 million
Market revenue in 2033
USD 6,941.4 million
Growth rate
4.7% (CAGR from 2026 to 2033)
Largest segment
Plastics
Fastest growing segment
Metal
Historical data
2021 - 2024
Base year
2025
Forecast period
2026 - 2033
Quantitative units
Revenue in USD million
Market segmentation
Plastics, Metal
Key market players worldwide
Biomerics, Proto Labs Inc, C&J Industries, Inc, All-Plastics, HTI Plastics, The Rodon Group, EVCO Plastics, Tessy Plastics Corporation, Currier Plastics, Formplast, H&K Müller, Hehnke, TR PLAST GROUP
Other key industry trends
In terms of revenue, Mexico accounted for 1.5% of the global injection molding market in 2025.
Country-wise, China is expected to lead the global market in terms of revenue in 2033.
In North America, U.S. injection molding market is projected to lead the regional market in terms of revenue in 2033.
Mexico is the fastest growing regional market in North America and is projected to reach USD 6,941.4 million by 2033.
According to the OECD forecasts, the GDP of Mexico is expected to attain value of 2.1% in 2024. Mexico is a geographically critical location for outsourcing production activities as it is adjacent to the U.S., one of the major export destinations for component manufacturers.
Moreover, the ease of conducting business activities, geographical proximity, and presence of supply sources for distributors and retailers make it one of the most preferred locations for manufacturers. Mexico is one of the key players in the global automotive industry, with production of mainly conventional cars.
However, the government of the country is focusing on increasing the electric car production base which is expected to further impact the sales of electric vehicles in Mexico. According to Mexico’s National Automotive Directory, the production of EVs reached 79,471 in 2022, compared to 58,453 EVs in 2021 and 6,717 EVs in 2020.
Mexico - North America Injection Molding 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 Market Outlook will help companies and investors design strategic landscapes.
Plastics was the largest segment with a revenue share of 102.45% in 2025.
Horizon Databook has segmented the Mexico - North America injection molding market based on plastics, metal covering the revenue growth of each sub-segment from 2021 to 2033.
According to the OECD forecasts, the GDP of Mexico is expected to attain value of 2.1% in 2024. Mexico is a geographically critical location for outsourcing production activities as it is adjacent to the U.S., one of the major export destinations for component manufacturers.
Moreover, the ease of conducting business activities, geographical proximity, and presence of supply sources for distributors and retailers make it one of the most preferred locations for manufacturers. Mexico is one of the key players in the global automotive industry, with production of mainly conventional cars.
However, the government of the country is focusing on increasing the electric car production base which is expected to further impact the sales of electric vehicles in Mexico. According to Mexico’s National Automotive Directory, the production of EVs reached 79,471 in 2022, compared to 58,453 EVs in 2021 and 6,717 EVs in 2020.
Mexico - North America Injection Molding Market Material Outlook (Revenue, USD Million , 2021-2033)
Plastics
Metal
Other Material
Mexico - North America Injection Molding Market Application Outlook (Revenue, USD Million , 2021-2033)
Packaging
Consumables & Electronics
Automotive & Transportation
Building & Construction
Medical
Others
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico - North America Injection Molding Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Mexico - North America Injection Molding Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Mexico - North America Injection Molding Market, 2021-2033 (US$M)