The global injection molding machine market is estimated to cross USD 18 billion by 2028. The packaging industry's increased demand is aiding market development, as injection molding machines have a flexible and streamlined method for plastic molding. Packaging has been an important element in achieving product separation, and businesses must adhere to strict guidelines. Plastic molding allows for greater customization and lower costs, which has boosted demand for injection molding machines in the packaging industry.

Injection molding is a manufacturing technique that allows for the mass manufacture of plastic materials. Injection molding machines are used in industrial manufacturing, which necessitates the development of an identical component thousands or even millions of times in a row. The plastic injection molding machine industry is benefiting greatly from the growing success of plastic molding because it is the fastest and most effective method of molding as opposed to other methods. The types of moving mechanisms used by injection molding machines are used to classify them. Hydraulic, electronic, and hybrid machines are also used. The ability to scale production in large quantities is the primary factor driving up demand for injection molding machines. Once the initial costs are charged, injection molded machines have a very low price per product, allowing for cost-effective production processes.

Key Segments of the Global Injection Molding Machine Market

Product Type Overview, 2018-2028 (USD Billion)

• Hydraulic
• Electric
• Hybrid

Application Overview, 2018-2028 (USD Billion)

• Packaging
• Automotive
• Consumer Goods
• Electrical & Electronics
• Healthcare & Medical Devices
• Aerospace
• Others

Regional Overview, 2018-2028 (USD Billion)

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • United Kingdom
  • France
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa

Reasons for the study

• The purpose of the study is to give an exhaustive outlook of the global injection molding machine market.
• Injection molding machine is widely used for various end uses in packaging, automotive, consumer goods, electrical & electronics, healthcare & medical devices, and aerospace owing to their excellent properties and the market is expected to gain traction over the coming years.
• With the growing packaging industry, the market is further expected to have a positive opportunity in near future.

What does the report include?

• The study on the global injection molding machine market includes qualitative insights such as drivers, restraints, challenges and opportunities
• Additionally, the market has been evaluated using the porter’s five forces analysis
• The study covers qualitative and quantitative analysis of the market segmented on the basis of product type, and application. Moreover, the study on injection molding machine market provides similar information for the key geographies.
• Actual market sizes and forecasts have been provided for all the above-mentioned segments
• The study includes the profiles of key players operating in the market with a significant global and/or regional presence

Who should buy this report?

• The report on the global injection molding machine market is suitable for all the players across the value chain including raw material providers, manufacturers, distributors, and other intermediaries
• Venture capitalists and investors looking for more information on the future outlook of the global injection molding machine market
• Consultants, analysts, researchers, and academicians looking for insights shaping the global injection molding machine market