South Korea Injection Molding Market Size & Outlook
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South Korea injection molding market highlights
- The South Korea injection molding market generated a revenue of USD 9,696.9 million in 2024 and is expected to reach USD 15,751.1 million by 2033.
- The South Korea market is expected to grow at a CAGR of 5.6% from 2025 to 2033.
- In terms of segment, plastics was the largest revenue generating material in 2024.
- Metal is the most lucrative material segment registering the fastest growth during the forecast period.
Injection molding market data book summary
| Market revenue in 2024 | USD 9,696.9 million |
| Market revenue in 2033 | USD 15,751.1 million |
| Growth rate | 5.6% (CAGR from 2025 to 2033) |
| Largest segment | Plastics |
| Fastest growing segment | Metal |
| Historical data | 2021 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 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, South Korea accounted for 3.2% of the global injection molding market in 2024.
- Country-wise, China is expected to lead the global market in terms of revenue in 2033.
- In Asia Pacific, China injection molding 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 39,108.3 million by 2033.
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Injection Molding Market Scope
Injection Molding Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| TR PLAST GROUP | View profile | 101-250 | Neumarkt In Der Oberpfalz, Bayern, Germany, Europe | http://www.tr-plast.de |
| Hehnke | View profile | 101-250 | Steinbach-hallenberg, Thuringen, Germany, Europe | https://www.hehnke.de/ |
| H&K Müller | View profile | 101-250 | Engelskirchen, Nordrhein-Westfalen, Germany, Europe | https://www.hk-mueller.de/en/ |
| Formplast | View profile | 11-50 | Broby, Skane Lan, Sweden, Europe | https://www.formplast.se |
| Currier Plastics | View profile | 101-250 | Auburn, New York, United States, North America | http://currierplastics.com |
| Tessy Plastics Corporation | View profile | 1001-5000 | Skaneateles, New York, United States, North America | http://tessy.com |
| EVCO Plastics | View profile | 1001-5000 | De Forest, Wisconsin, United States, North America | https://www.evcoplastics.com |
| The Rodon Group | View profile | 51-100 | Hatfield, Pennsylvania, United States, North America | https://www.rodongroup.com/ |
| HTI Plastics | View profile | 101-250 | Lincoln, Nebraska, United States, North America | https://www.htiplastic.com/ |
| All-Plastics | View profile | 101-250 | Addison, Texas, United States, North America | https://www.all-plastics.com/ |
| C&J Industries, Inc | View profile | 251-500 | Meadville, Pennsylvania, United States, North America | http://cjindustries.com |
| Biomerics | View profile | 1001-5000 | Salt Lake City, Utah, United States, North America | http://biomerics.com |
| Proto Labs Inc | View profile | 2415 | 5540 Pioneer Creek Drive, Maple Plain, MN, United States, 55359 | https://www.protolabs.com |
South Korea 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 will help companies and investors design strategic landscapes.
Plastics was the largest segment with a revenue share of 103.3% in 2024. Horizon Databook has segmented the South Korea injection molding market based on plastics, metal 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 packaging industry as consumers tend to spend high 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.
Automation, industrialization, and adoption of Industry 4.0 facilitate the manufacturers to opt for highly efficient injection molding in packaging industry. 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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Target buyers of South Korea injection molding market databook
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Our clientele includes a mix of injection molding market companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea injection molding market , including forecasts for subscribers. This country databook contains high-level insights into South Korea injection molding market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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South Korea Material - Injection Molding Market size, 2024 - 2033 (US$M)
South Korea Injection Molding Market Outlook Share, 2024 & 2033 (US$M)
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