Injection Molding Machine Market To Reach $25,491.5 Million By 2033

Injection Molding Machine Market Growth & Trends

The global injection molding machine market size is expected to reach USD 25,491.5 million by 2033, registering a CAGR of 4.9% from 2025 to 2033, according to a new report by Grand View Research, Inc. The increasing demand for injection molding machines in industries such as automotive, consumer goods, packaging, and electronics is projected to fuel the market growth over the forecast period.

The spread of the omicron variant of COVID-19 has increased hospitalization rates in North America, and the demand for plastic molded products witnessed a surge in the medical sector. This is expected to drive the demand for numerous medical devices, thereby fueling the demand for plastics used for developing them using this technology. The increasing consumption of packaging products in the healthcare, cosmetics, personal care, and consumer goods industries is expected to fuel the growth of the packaging industry over the forecast period. This, in turn, is expected to fuel the market growth in the coming years.

Shifting consumer preferences toward electric vehicles owing to the increasing government subsidies regarding EVs, coupled with a growing number of EV charging stations, are expected to have a positive impact on the automotive industry growth. This, in turn, is expected to fuel the growth of the market in the coming years. Injection molding machine manufacturers are focusing on mergers, acquisitions, and partnerships to acquire a large market share and increase the capacity to meet the growing demand from various end-user industries such as automotive, electronics, and consumer goods.

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Injection Molding Machine Market Report Highlights

• Plastics dominated the industry and accounted for a 76.9% share in 2024, due to their versatility, lightweight nature, and cost-effectiveness. 

• Hydraulic injection molding machines dominated the market and accounted for a 51.1% share in 2024, due to their robustness, high clamping force, and ability to handle large-scale production. 

• The automotive sector dominated the market and accounted for a 29.0% share in 2024, due to the high demand for lightweight, durable, and complex plastic components. 

• The injection molding machine market in Asia Pacific accounted for a 39.6% share in 2024, due to its extensive manufacturing base and high demand from the automotive, packaging, and consumer goods sectors.

Injection Molding Machine Market Segmentation

Grand View Research has segmented the global injection molding machines market on the basis of material, technology, end use, and region:

Injection Molding Machine Material Outlook (Revenue, USD Million, 2021 - 2033)

• Plastics

• Metals

• Others

Injection Molding Machine Technology Outlook (Revenue, USD Million, 2021 - 2033)

• Hydraulic

• Electric

• Hybrid

Injection Molding Machine End Use Outlook (Revenue, USD Million, 2021 - 2033)

• Automotive

• Consumer Goods

• Packaging

• Electronics

• Others

Injection Molding Machine Regional Outlook (Revenue, USD Million, 2021 - 2033)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • Germany

  • France

  • Italy

  • Spain

  • Denmark

  • Austria

• Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Taiwan

• Latin America

  • Brazil

  • Argentina

• Middle East and Africa

  • Saudi Arabia

  • UAE

List of Key Players of Injection Molding Machine Market

• Arburg GmbH + Co KG

• Haitian International Holdings Limited

• Milacron

• Nissei Plastic Industrial Co., Limited.

• Engel Austria GmbH

• Sumitomo (SHI) Demag Plastics Machinery GmbH

• Chen Hsong Holdings Limited

• Toyo Machinery & Metal Co., Ltd

• Husky Injection Molding Systems Ltd

• Japan Steel Works Limited

• KraussMaffei Group

• UBE Machinery

• Shibaura Machine Co. Ltd.

• Wittmann Battenfeld