PUBLISHER: Grand View Research | PRODUCT CODE: 1842333
PUBLISHER: Grand View Research | PRODUCT CODE: 1842333
The global injection molding market size was estimated at USD 298,717.5 million in 2024 and is projected to reach USD 462,437.7 million, growing at a CAGR of 5.0% from 2025 to 2033. The growing demand for lightweight and durable plastic products across the automotive, packaging, and consumer goods sectors is fueling the injection molding market.
Advancements in high-precision molding technology allow manufacturers to produce complex components efficiently. Rising adoption of automation and robotics in production lines enhances speed and reduces labor costs.
Increasing use of bio-based and recycled plastics supports sustainability initiatives, driving market growth. The expansion of end-use industries in emerging economies boosts the demand for cost-effective molding solutions. Continuous innovation in materials, including engineering plastics, enables versatile product applications. Growing e-commerce and packaging requirements further create a steady demand for injection-molded components globally.
Global Injection Molding Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the global injection molding market report based on material, application and region.