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Injection Molding Machine Market Share

Report ID: GMI4467
Published Date: Oct 2024
Report Format: PDF

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Injection Molding Machine Market Share

Global Company Market Share Analysis, (2023)

The global injection molding machine industry is moderately fragmented, with prominent players, such as Husky Injection Molding Systems, ENGEL Group, KraussMaffei Technologies, Sumitomo (SHI) Demag Plastics Machinery and ARBURG holds a market share of ~30-35%. Manufacturers are adopting strategic steps, such as mergers, acquisitions, partnerships, and collaborations, to meet the growing consumer demand and consolidate their position in the market

Injection Molding Machine Market Companies

Major players operating in the injection molding industry are:

ARBURG
Borch Machinery
Electronica Plastic Machines
ENGEL Group
Haitian Plastics Machinery Group
Husky Injection Molding Systems
KraussMaffei Technologies GmbH, Milacron LLC
MICRO
Multiplas Enginery
Nissei Plastic Industrial
Polymechplast Machines
Sumitomo (SHI) Demag Plastics Machinery
Supermac Machinery
The Japan Steel Works
Ube Machinery Corporation
Wittmann Battenfeld

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

How big is the injection molding machine market?

The hydraulic segment was worth over USD 5.1 billion in 2023 and is expected to grow at a CAGR of over 4.4% from 2024 to 2032, fueled by increasing demand for durable, high-pressure machines.

The direct sales channel held a 55.1% share of the injection molding machine market in 2023 and is projected to grow at a 5% CAGR through 2032, driven by manufacturers' ability to provide tailored solutions and technical support.

The North America injection molding machine market size exceeded USD 2.7 billion in 2023 and is projected to witness more than 4.7% CAGR through 2032, proplled by the automotive, healthcare, and packaging sectors.

Major players operating in the injection molding industry include ARBURG, Borch Machinery, Electronica Plastic Machines, ENGEL Group, Haitian Plastics Machinery Group, Husky Injection Molding Systems, KraussMaffei Technologies GmbH, Milacron LLC, MICRO, Multiplas Enginery, Nissei Plastic Industrial, Polymechplast Machines, Sumitomo (SHI) Demag Plastics Machinery, Supermac Machinery, The Japan Steel Works, Ube Machinery Corporation, and Wittmann Battenfeld.