Latin America Injection Molding Machines Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
The Latin American injection molding machines market is estimated to witness a healthy growth, at an estimated CAGR of over 4%, over the forecast period. Major factors driving the market’s growth include the increasing demand from the packaging industries. However, high initial costs and economic crisis in Latin America are expected to hinder the growth of the market studied.
Key HighlightsThe Latin American injection molding machines market is consolidated. The market studied is mainly dominated by HAITIAN INTERNATIONAL. Furthermore, other major market players include Arburg GmbH & Co. Kg, KraussMaffei, and INDÚSTRIAS ROMI S.A., among others.
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