Injection Molding Machine Market Size and Outlook 2031

Report Description

Forecast Period	2027-2031
Market Size (2025)	USD 9.96 Billion
CAGR (2026-2031)	4.19%
Fastest Growing Segment	Hybrid
Largest Market	Asia Pacific
Market Size (2031)	USD 12.74 Billion

Market Overview

The Global Injection Molding Machine Market will grow from USD 9.96 Billion in 2025 to USD 12.74 Billion by 2031 at a 4.19% CAGR. An injection molding machine is a manufacturing apparatus designed to mass-produce plastic parts by injecting molten material into a mold cavity under high pressure. The market is primarily propelled by the escalating demand for lightweight automotive components to enhance fuel efficiency and the rigorous requirements of the medical sector for precision instruments. Additionally, the packaging industry continues to support market volume through the consistent need for durable, mass-produced containers and closures, distinct from technological shifts like automation.

However, the sector faces a significant impediment in the form of substantial initial capital investment required for high-tonnage machinery, which can deter market entry for smaller manufacturers. This financial barrier is particularly acute during periods of economic uncertainty when capital expenditure budgets are tightened. Regarding recent industrial performance, according to the Plastics Industry Association, in 2025, injection molding equipment shipments experienced a year-over-year increase of 4.2% during the third quarter.

Key Market Drivers

The accelerated adoption of energy-efficient electric and hybrid machinery is fundamentally reshaping the market landscape as manufacturers increasingly prioritize sustainability and operational cost reduction. This industry-wide transition is driven by the superior precision, faster cycle times, and significantly lower energy consumption of all-electric systems compared to traditional hydraulic units, making them essential for meeting strict environmental regulations and reducing factory carbon footprints. Reflecting this strategic pivot towards electrification, according to Sumitomo Heavy Industries, September 2025, in the 'Medium-Term Management Plan 2026', the company announced it would discontinue hydraulic machine production to focus exclusively on high-end all-electric models, following a period where its plastics machinery segment recorded sales of 105 billion yen.

Simultaneously, rapid industrialization and manufacturing growth in emerging markets are fueling a substantial expansion in machinery deployment, particularly across Southeast Asia and Latin America. As these regions develop their domestic production capabilities for consumer goods and automotive parts, the demand for reliable manufacturing infrastructure has surged, prompting major OEMs to localize their supply chains. According to Haitian International, March 2025, in the 'Announcement of Annual Results for the Year Ended 31 December 2024', the company’s international sales revenue climbed by 16.8% to RMB 6,016.0 million, driven by robust demand in these developing zones. Conversely, established markets have seen varying performance due to global economic shifts; according to VDMA, in 2024, exports of injection molding machines from Germany, a key global supplier, totaled approximately €5.9 billion, representing a decline of 5.6% amidst these restructuring trends.

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Key Market Challenges

The high initial capital investment required for high-tonnage machinery constitutes a primary challenge hampering the expansion of the global injection molding machine market. This substantial financial barrier directly restricts market entry and scalability for small and medium-sized manufacturers who lack the liquidity to absorb such heavy upfront costs. Consequently, during periods of economic volatility, these manufacturers often freeze capital expenditure budgets, leading to a deferral of purchasing decisions and a subsequent contraction in new equipment orders. The inability to secure affordable financing further exacerbates this issue, preventing the wider adoption of advanced molding technologies.

The direct impact of this investment hurdle is evident in recent industrial data reflecting a downturn in equipment demand. According to the VDMA (German Mechanical Engineering Industry Association), in 2024, new orders for plastics and rubber machinery declined by 21% compared to the previous year. This significant decrease illustrates how the capital-intensive nature of the machinery, combined with financial caution, directly suppresses market volume and impedes the industry's overall growth trajectory.

Key Market Trends

The Integration of Industry 4.0 and IoT for Smart Manufacturing is fundamentally altering the market, as producers move beyond hardware to data-driven ecosystems. This trend enhances efficiency through real-time monitoring and predictive analytics, allowing molders to minimize downtime and optimize cycles without purchasing new heavy machinery. Manufacturers are capitalizing on this by expanding their service-oriented revenue streams to lock in customer loyalty. According to Haitian International, March 2025, in the 'Announcement of Annual Results for the Year Ended 31 December 2024', the company’s strategic focus on smart manufacturing solutions contributed to its components and services segment reaching sales of RMB 723.2 million. This data underscores how digital value-added services are becoming vital growth engines for major OEMs.

Simultaneously, the Optimization of Machinery for Processing Recycled and Bio-Based Materials is gaining prominence due to stringent circular economy mandates. OEMs are re-engineering screw designs and plasticizing units to handle the inconsistent viscosities of post-consumer recyclates (PCR) and bioplastics, ensuring part quality rivals that of virgin materials. This technological evolution effectively secures market share for builders guaranteeing process stability for sustainable applications. According to Engel, May 2025, in the 'ENGEL expands market share amid global uncertainty' press release, the group maintained a turnover of approximately EUR 1.5 billion, driven significantly by growing interest in solutions for alternative materials. This highlights the decisive industry pivot towards equipment capable of supporting sustainable production goals.

Segmental Insights

The Hybrid segment is currently recognized as the fastest-growing category within the Global Injection Molding Machine Market due to its effective balance of performance and operational efficiency. By integrating the high clamping force characteristic of hydraulic systems with the energy precision of electric technology, hybrid machines offer significant cost savings and reduced power consumption. This architecture addresses the rising industrial demand for sustainable manufacturing solutions, particularly in the automotive and packaging sectors. Consequently, manufacturers are increasingly adopting hybrid models to optimize production cycles and minimize environmental impact without incurring the higher initial capital investment associated with fully electric alternatives.

Regional Insights

Asia Pacific dominates the global injection molding machine market due to the extensive manufacturing capabilities present in China, India, and Japan. The region benefits from substantial demand within the automotive and packaging sectors, where plastic components are essential for high-volume production. Rapid industrialization and rising consumer spending on electronics further necessitate the deployment of molding machinery. Consequently, major global manufacturers concentrate their operations in this area to leverage cost advantages and proximity to supply chains. This robust industrial ecosystem ensures the region maintains its leading status in the global equipment landscape.

Recent Developments

In October 2024, Sumitomo (SHI) Demag introduced a new, compact medical manufacturing solution at the Fakuma trade fair, featuring a 180-ton IntElect injection molding machine equipped with a larger 910 injection unit. This configuration was developed to enable the processing of higher shot weights without requiring a larger machine footprint, specifically targeting efficiency in cleanroom environments. The launch demonstrated the machine's capability by moulding syringe plungers using a 32-cavity tool with a shot weight of 29 grams. The company emphasized that this combination offered processors greater flexibility and reduced energy consumption for high-volume medical applications.
In July 2024, Engel Austria GmbH unveiled the duo 5500 combi M at its technical centre in St. Valentin, Austria, positioning it as the largest injection molding machine in the company’s worldwide testing network. With a clamping force of 55,000 kN, the machine was developed to facilitate research into new dimensions of plastic component production, particularly for the automotive and technical moulding sectors. The equipment measured 32 meters in length and weighed 545 tonnes, featuring two movable horizontal injection units. This development allowed the company and its partners to test molds weighing up to 150 tonnes and shot weights reaching 42 kilograms.
In July 2024, KraussMaffei commissioned the industry's largest laboratory system for its ColorForm process at the company's facility in Parsdorf, Germany. The new setup centred around an MXW 4500 injection molding machine with a clamping force of 45,000 kN, designed to combine injection molding and polyurethane surface coating in a single cycle. The system was engineered to produce large-format components with high-gloss surface finishes, eliminating the need for downstream painting. This investment in research infrastructure aimed to allow automotive manufacturers to test and validate complex production processes for large exterior parts under realistic conditions.
In May 2024, Arburg showcased a significant expansion of its electric machine portfolio at the NPE trade fair in Orlando, Florida, with the world premiere of the ALLROUNDER 720 E GOLDEN ELECTRIC. This new injection molding machine was designed to offer electrical precision and process stability within a smaller installation footprint, addressing the need for space-saving manufacturing solutions. The launch highlighted the company's focus on standardized, cost-effective electric machines suitable for a broad range of technical applications. The machine featured advanced servo-electric drives aimed at improving energy efficiency during the production of complex plastic components.

Key Market Players

Arburg GmbH
Engel Austria GmbH
Husky Injection Molding Systems
Milacron Holdings Corp
Sumitomo (SHI) Demag
Nissei Plastic Industrial Co., Ltd.
Boy Machines, Inc.
Syntegon
Haitian International Holdings Ltd.
KraussMaffei Group

By Clamping Force	By Machine Type	By Solution	By Pressure Type	By Application	By Region
Less Than 200 Tons Force 200-500 Tons Force More Than 200-500 Tons Force	All-electric Hydraulic Hybrid	New Sales Aftermarket	Low Pressure High Pressure	Automotive Packaging Electronics Healthcare Consumer Goods Toy Making Building & Construction Home Appliances Others	North America Europe Asia Pacific South America Middle East & Africa

Report Scope:

In this report, the Global Injection Molding Machine Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Injection Molding Machine Market, By Clamping Force:

Less Than 200 Tons Force
200-500 Tons Force
More Than 200-500 Tons Force

Injection Molding Machine Market, By Machine Type:

All-electric
Hydraulic
Hybrid

Injection Molding Machine Market, By Solution:

New Sales
Aftermarket

Injection Molding Machine Market, By Pressure Type:

Low Pressure
High Pressure

Injection Molding Machine Market, By Application:

Automotive
Packaging
Electronics
Healthcare
Consumer Goods
Toy Making
Building & Construction
Home Appliances
Others

Injection Molding Machine Market, By Region:

North America

United States
Canada
Mexico

Europe

France
United Kingdom
Italy
Germany
Spain

Asia Pacific

China
India
Japan
Australia
South Korea

South America

Brazil
Argentina
Colombia

Middle East & Africa

South Africa
Saudi Arabia
UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Injection Molding Machine Market.

Available Customizations:

Global Injection Molding Machine Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Global Injection Molding Machine Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1. Product Overview

1.1. Market Definition

1.2. Scope of the Market

1.2.1. Markets Covered

1.2.2. Years Considered for Study

1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study

2.2. Baseline Methodology

2.3. Key Industry Partners

2.4. Major Association and Secondary Sources

2.5. Forecasting Methodology

2.6. Data Triangulation & Validation

2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market

3.2. Overview of Key Market Segmentations

3.3. Overview of Key Market Players

3.4. Overview of Key Regions/Countries

3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Injection Molding Machine Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value

5.2. Market Share & Forecast

5.2.1. By Clamping Force (Less Than 200 Tons Force, 200-500 Tons Force, More Than 200-500 Tons Force)

5.2.2. By Machine Type (All-electric, Hydraulic, Hybrid)

5.2.3. By Solution (New Sales, Aftermarket)

5.2.4. By Pressure Type (Low Pressure, High Pressure)

5.2.5. By Application (Automotive, Packaging, Electronics, Healthcare, Consumer Goods, Toy Making, Building & Construction, Home Appliances, Others)

5.2.6. By Region

5.2.7. By Company (2025)

5.3. Market Map

6. North America Injection Molding Machine Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value

6.2. Market Share & Forecast

6.2.1. By Clamping Force

6.2.2. By Machine Type

6.2.3. By Solution

6.2.4. By Pressure Type

6.2.5. By Application

6.2.6. By Country

6.3. North America: Country Analysis

6.3.1. United States Injection Molding Machine Market Outlook

6.3.1.1. Market Size & Forecast

6.3.1.1.1. By Value

6.3.1.2. Market Share & Forecast

6.3.1.2.1. By Clamping Force

6.3.1.2.2. By Machine Type

6.3.1.2.3. By Solution

6.3.1.2.4. By Pressure Type

6.3.1.2.5. By Application

6.3.2. Canada Injection Molding Machine Market Outlook

6.3.2.1. Market Size & Forecast

6.3.2.1.1. By Value

6.3.2.2. Market Share & Forecast

6.3.2.2.1. By Clamping Force

6.3.2.2.2. By Machine Type

6.3.2.2.3. By Solution

6.3.2.2.4. By Pressure Type

6.3.2.2.5. By Application

6.3.3. Mexico Injection Molding Machine Market Outlook

6.3.3.1. Market Size & Forecast

6.3.3.1.1. By Value

6.3.3.2. Market Share & Forecast

6.3.3.2.1. By Clamping Force

6.3.3.2.2. By Machine Type

6.3.3.2.3. By Solution

6.3.3.2.4. By Pressure Type

6.3.3.2.5. By Application

7. Europe Injection Molding Machine Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.2. Market Share & Forecast

7.2.1. By Clamping Force

7.2.2. By Machine Type

7.2.3. By Solution

7.2.4. By Pressure Type

7.2.5. By Application

7.2.6. By Country

7.3. Europe: Country Analysis

7.3.1. Germany Injection Molding Machine Market Outlook

7.3.1.1. Market Size & Forecast

7.3.1.1.1. By Value

7.3.1.2. Market Share & Forecast

7.3.1.2.1. By Clamping Force

7.3.1.2.2. By Machine Type

7.3.1.2.3. By Solution

7.3.1.2.4. By Pressure Type

7.3.1.2.5. By Application

7.3.2. France Injection Molding Machine Market Outlook

7.3.2.1. Market Size & Forecast

7.3.2.1.1. By Value

7.3.2.2. Market Share & Forecast

7.3.2.2.1. By Clamping Force

7.3.2.2.2. By Machine Type

7.3.2.2.3. By Solution

7.3.2.2.4. By Pressure Type

7.3.2.2.5. By Application

7.3.3. United Kingdom Injection Molding Machine Market Outlook

7.3.3.1. Market Size & Forecast

7.3.3.1.1. By Value

7.3.3.2. Market Share & Forecast

7.3.3.2.1. By Clamping Force

7.3.3.2.2. By Machine Type

7.3.3.2.3. By Solution

7.3.3.2.4. By Pressure Type

7.3.3.2.5. By Application

7.3.4. Italy Injection Molding Machine Market Outlook

7.3.4.1. Market Size & Forecast

7.3.4.1.1. By Value

7.3.4.2. Market Share & Forecast

7.3.4.2.1. By Clamping Force

7.3.4.2.2. By Machine Type

7.3.4.2.3. By Solution

7.3.4.2.4. By Pressure Type

7.3.4.2.5. By Application

7.3.5. Spain Injection Molding Machine Market Outlook

7.3.5.1. Market Size & Forecast

7.3.5.1.1. By Value

7.3.5.2. Market Share & Forecast

7.3.5.2.1. By Clamping Force

7.3.5.2.2. By Machine Type

7.3.5.2.3. By Solution

7.3.5.2.4. By Pressure Type

7.3.5.2.5. By Application

8. Asia Pacific Injection Molding Machine Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.2. Market Share & Forecast

8.2.1. By Clamping Force

8.2.2. By Machine Type

8.2.3. By Solution

8.2.4. By Pressure Type

8.2.5. By Application

8.2.6. By Country

8.3. Asia Pacific: Country Analysis

8.3.1. China Injection Molding Machine Market Outlook

8.3.1.1. Market Size & Forecast

8.3.1.1.1. By Value

8.3.1.2. Market Share & Forecast

8.3.1.2.1. By Clamping Force

8.3.1.2.2. By Machine Type

8.3.1.2.3. By Solution

8.3.1.2.4. By Pressure Type

8.3.1.2.5. By Application

8.3.2. India Injection Molding Machine Market Outlook

8.3.2.1. Market Size & Forecast

8.3.2.1.1. By Value

8.3.2.2. Market Share & Forecast

8.3.2.2.1. By Clamping Force

8.3.2.2.2. By Machine Type

8.3.2.2.3. By Solution

8.3.2.2.4. By Pressure Type

8.3.2.2.5. By Application

8.3.3. Japan Injection Molding Machine Market Outlook

8.3.3.1. Market Size & Forecast

8.3.3.1.1. By Value

8.3.3.2. Market Share & Forecast

8.3.3.2.1. By Clamping Force

8.3.3.2.2. By Machine Type

8.3.3.2.3. By Solution

8.3.3.2.4. By Pressure Type

8.3.3.2.5. By Application

8.3.4. South Korea Injection Molding Machine Market Outlook

8.3.4.1. Market Size & Forecast

8.3.4.1.1. By Value

8.3.4.2. Market Share & Forecast

8.3.4.2.1. By Clamping Force

8.3.4.2.2. By Machine Type

8.3.4.2.3. By Solution

8.3.4.2.4. By Pressure Type

8.3.4.2.5. By Application

8.3.5. Australia Injection Molding Machine Market Outlook

8.3.5.1. Market Size & Forecast

8.3.5.1.1. By Value

8.3.5.2. Market Share & Forecast

8.3.5.2.1. By Clamping Force

8.3.5.2.2. By Machine Type

8.3.5.2.3. By Solution

8.3.5.2.4. By Pressure Type

8.3.5.2.5. By Application

9. Middle East & Africa Injection Molding Machine Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value

9.2. Market Share & Forecast

9.2.1. By Clamping Force

9.2.2. By Machine Type

9.2.3. By Solution

9.2.4. By Pressure Type

9.2.5. By Application

9.2.6. By Country

9.3. Middle East & Africa: Country Analysis

9.3.1. Saudi Arabia Injection Molding Machine Market Outlook

9.3.1.1. Market Size & Forecast

9.3.1.1.1. By Value

9.3.1.2. Market Share & Forecast

9.3.1.2.1. By Clamping Force

9.3.1.2.2. By Machine Type

9.3.1.2.3. By Solution

9.3.1.2.4. By Pressure Type

9.3.1.2.5. By Application

9.3.2. UAE Injection Molding Machine Market Outlook

9.3.2.1. Market Size & Forecast

9.3.2.1.1. By Value

9.3.2.2. Market Share & Forecast

9.3.2.2.1. By Clamping Force

9.3.2.2.2. By Machine Type

9.3.2.2.3. By Solution

9.3.2.2.4. By Pressure Type

9.3.2.2.5. By Application

9.3.3. South Africa Injection Molding Machine Market Outlook

9.3.3.1. Market Size & Forecast

9.3.3.1.1. By Value

9.3.3.2. Market Share & Forecast

9.3.3.2.1. By Clamping Force

9.3.3.2.2. By Machine Type

9.3.3.2.3. By Solution

9.3.3.2.4. By Pressure Type

9.3.3.2.5. By Application

10. South America Injection Molding Machine Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value

10.2. Market Share & Forecast

10.2.1. By Clamping Force

10.2.2. By Machine Type

10.2.3. By Solution

10.2.4. By Pressure Type

10.2.5. By Application

10.2.6. By Country

10.3. South America: Country Analysis

10.3.1. Brazil Injection Molding Machine Market Outlook

10.3.1.1. Market Size & Forecast

10.3.1.1.1. By Value

10.3.1.2. Market Share & Forecast

10.3.1.2.1. By Clamping Force

10.3.1.2.2. By Machine Type

10.3.1.2.3. By Solution

10.3.1.2.4. By Pressure Type

10.3.1.2.5. By Application

10.3.2. Colombia Injection Molding Machine Market Outlook

10.3.2.1. Market Size & Forecast

10.3.2.1.1. By Value

10.3.2.2. Market Share & Forecast

10.3.2.2.1. By Clamping Force

10.3.2.2.2. By Machine Type

10.3.2.2.3. By Solution

10.3.2.2.4. By Pressure Type

10.3.2.2.5. By Application

10.3.3. Argentina Injection Molding Machine Market Outlook

10.3.3.1. Market Size & Forecast

10.3.3.1.1. By Value

10.3.3.2. Market Share & Forecast

10.3.3.2.1. By Clamping Force

10.3.3.2.2. By Machine Type

10.3.3.2.3. By Solution

10.3.3.2.4. By Pressure Type

10.3.3.2.5. By Application

11. Market Dynamics

11.1. Drivers

11.2. Challenges

12. Market Trends & Developments

12.1. Merger & Acquisition (If Any)

12.2. Product Launches (If Any)

12.3. Recent Developments

13. Global Injection Molding Machine Market: SWOT Analysis

14. Porter's Five Forces Analysis

14.1. Competition in the Industry

14.2. Potential of New Entrants

14.3. Power of Suppliers

14.4. Power of Customers

14.5. Threat of Substitute Products

15. Competitive Landscape

15.1. Arburg GmbH

15.1.1. Business Overview

15.1.2. Products & Services

15.1.3. Recent Developments

15.1.4. Key Personnel

15.1.5. SWOT Analysis

15.2. Engel Austria GmbH

15.3. Husky Injection Molding Systems

15.4. Milacron Holdings Corp

15.5. Sumitomo (SHI) Demag

15.6. Nissei Plastic Industrial Co., Ltd.

15.7. Boy Machines, Inc.

15.8. Syntegon

15.9. Haitian International Holdings Ltd.

15.10. KraussMaffei Group

16. Strategic Recommendations

17. About Us & Disclaimer

Report Description

Table of content

Figures and Tables

Frequently asked questions

What was the market size of the Global Injection Molding Machine Market in 2025?

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