Market Overview
The Global Plastic Injection Molding Machine Market reached US$ 8.2 billion in 2022 and is expected to reach US$ 11.2 billion by 2030, growing with a CAGR of 4.0% during the forecast period 2023-2030. The explosive growth in the e-commerce industry, especially in Asia-Pacific, will increase demand for plastic molded packaging.
The Global Plastic Injection Molding Machine Market is set to experience rapid changes with technological advancements such as new automation protocols, which have increased machinery precision, enhanced productivity and reduced downtime, making it suitable for high-technology manufacturing applications. Currently, only post-processing has been largely automated by robots.
Furthermore, new advances in medical implants and devices, which make use of specially developed plastic components, is expected to propel the growth of the global plastic injection molding machine market during the forecast period. For instance, Samaplast, a Swiss plastics processor, has developed a PEEK-based injection molded osteo-implant as an alternative to stainless steel and titanium implants.

Market Dynamics
Increasing Demand For Packaging
The rising global population, changing lifestyles, and increased disposable incomes have led to a surge in the demand for consumer goods. Various industries, including food and beverages, personal care, household products, and cosmetics, heavily rely on plastic packaging to market and deliver their products. Plastic injection molding machines enable manufacturers to produce customized packaging solutions that meet the specific requirements of these industries.
Packaging is crucial in protecting and preserving products, enhancing their shelf appeal, and ensuring convenient handling. Plastic packaging solutions have gained popularity due to their versatility, lightweight nature, durability, and cost-effectiveness. Plastic injection molding machines are essential for producing many plastic packaging components, including bottles, caps, closures, containers and trays.
Volatility In Raw Material Prices
Fluctuations in raw material prices, particularly petroleum-based plastics, can impact the profitability and cost-effectiveness of plastic injection molding. Petroleum-based plastics are directly impacted by the volatility of oil prices in the global market. Changes in resin prices directly influence the manufacturing costs of plastic components.
Prolonged price volatility can impact future expansion and capital investment plans of small and medium enterprises. Manufacturers also face challenges in estimating and managing production costs due to the volatility of raw material prices. A decrease in capital expenditure and research spending due to price volatility can impact future developments and innovations, thus constraining market growth.

COVID-19 Impact Analysis
The COVID-19 pandemic caused disruptions in global supply chains, affecting the availability of raw materials and machinery components. The pandemic changed consumer behavior and preferences, impacting the demand for certain products. For instance, the automotive industry experienced a sharp decline in sales. However, demand remained relatively robust from the medical and packaging industries.
Despite setbacks in various industries, new opportunities emerged in the healthcare and medical device industries. The post-pandemic period has witnessed increased demand from manufacturing industries as consumer demand recovers. The global plastic injection molding machine market is expected to regain momentum and recover well from the effects of the pandemic as industries resume production at total capacity and adapt to new market trends.
AI Impact
AI technologies enable the refinement of various injection molding processes, improving efficiency and reducing labor requirements. Machine learning algorithms can optimize production parameters, minimize defects, and enhance equipment effectiveness. AI can also facilitate the implementation of smart manufacturing concepts, such as the Industrial Internet of Things (IIoT) and data-driven decision-making.
A higher degree of automation in plastic injection molding machines can be made possible with the maturing of artificial intelligence technologies. It would be possible to implement end-to-end automation, which could drastically lower production costs, thereby increasing the proliferation in adoption of molded plastic components by various industries.
Ukraine-Russia Impact
The Ukraine-Russia war has created volatility in global energy markets as Russia was a leading oil and gas producer which was sanctioned by the U.S. and the European Union (E.U), thereby disrupting global supplies. The disruption in energy supply has led to heavy energy-driven inflation in Europe. High energy prices have also disrupted the competitiveness of the European manufacturing industry. Many German and Austrian companies manufacture plastic injection molding machines.
It has created opportunities for manufacturers in other regions to capitalize on this situation. Japan and China have numerous companies developing a wide range of plastic injection molding machines. China has a further advantage of significantly lower production costs. These countries are best suited to capture a major share of European manufacturers.

Segment Analysis
The Global Carbon Fiber Prepreg Market is segmented based on machine type, clamping force, end-user and region.
Due To Economic Costs And Simplicity Of Operation, Hydraulic Machines Are the Most Widely Used
Hydraulic plastic injection molding machines use hydraulic systems to generate the necessary force for the injection process. Hydraulic machines offer high clamp force, enabling them to handle large molds and heavy parts. The devices are known for their robustness, durability, and versatility across various applications. Hydraulic machines are typically more cost-effective than all-electric machines, making them attractive for manufacturers with lower initial investment budgets.
Small and medium enterprises, especially those operating in emerging economies such as India, typically prefer hydraulic plastic injection molding machines. A significant chunk of the global demand for molded plastics is expected to come from Asia-Pacific, as the regional expansion of various manufacturing and service industries gathers pace.

Geographical Analysis
Packaging And Automotive Industries Make North America A Major Market Share
North America occupies a share of nearly a quarter of the global plastic injection molding machine market. North America has a well-developed and diverse manufacturing industry, making it a major demand for plastic injection molding machines. The region has various industries, including automotive, electronics, packaging and aerospace. Despite outsourcing manufacturing to Asia-Pacific, North America still retains significant industrial capacity.
The automotive industry in North America is a major consumer of plastic injection molded components. The region is home to several automobile manufacturers, such as Ford Motors, GM and Tesla and suppliers who utilize plastic injection molding for various automotive parts, such as interior components, exterior trims and under-the-hood components.
The packaging industry in North America is one of the largest consumers of plastic injection molded products. Various large, small and medium enterprises are engaged in the manufacturing of plastic packaging for multiple end-users. Plastic packaging solutions are widely used in food and beverage, pharmaceuticals, personal care and other sectors.

Competitive Landscape
The major global players include Hexcel Corporation, Toray Industries, Inc., SGL Group, Teijin Carbon Europe GmbH, Gurit Holding, Plastic Reinforcement Fabrics Ltd, TEI Composites Corporation, Mitsubishi Chemical Carbon Fiber and Composites, Inc., Axiom Materials, Inc. and Park Electrochemical Corp.
Why Purchase the Report?


    • To visualize the Global Plastic Injection Molding Machine Market segmentation based on machine type, clamping force, end-user and region, and understand key commercial assets and players.
    • Identify commercial opportunities by analyzing trends and co-development.
    • Excel data sheet with numerous data points of plastic injection molding machine market-level with all segments.
    • PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
    • Product mapping available as Excel consisting of key products of all the major players.


The Global Plastic Injection Molding Market Report Would Provide Approximately 57 Tables, 60 Figures And 192 Pages.
Target Audience 2023


  • • Manufacturers/ Buyers
    • Industry Investors/Investment Bankers
    • Research Professionals
    • Emerging Companies