Global Injection Molding Market 2024-2028
Global Injection Molding Market 2024-2028
The injection molding market is forecasted to grow by USD 33.6 bn during 2023-2028, accelerating at a CAGR of 4.36% during the forecast period. The report on the injection molding market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising adoption of high-efficient injection molding machines in packaging industry, growth in automotive industry, and increase in demand from developing countries.
Technavio's injection molding market is segmented as below:
- By Type
- Plastics
- Rubber
- Others
- By Application
- Packaging
- Automotive and transportation
- Electronics
- Consumer goods
- Others
- By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the increasing innovations in global packaging industry as one of the prime reasons driving the injection molding market growth during the next few years. Also, rise in popularity of automation in molding techniques and new developments in injection molding technology will lead to sizable demand in the market.
The report on the injection molding market covers the following areas:
- Injection molding market sizing
- Injection molding market forecast
- Injection molding market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading injection molding market vendors that include All Plastics LLC, Biomerics LLC, BORCHE NORTH AMERICA INC., C and J Industries Inc., Currier Plastics Inc., D and M Plastics LLC, ENGEL AUSTRIA GmbH, EVCO Plastics, Formplast GmbH, H and K Muller GmbH and Co. KG, Hehnke GmbH and Co KG, HTI Plastics, Husky Technologies, Majors Plastics Inc., Mold Hotrunner Solutions Inc., Proto Labs Inc., Tessy Plastics Corp., The Rodon Group, TR Electronic, and Woojin Plaimm Co. Ltd.. Also, the injection molding market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.