India Injection Molding Machine Market Share Report, 2030 (2023)

Report Overview

The India injection molding machine market size was estimated at USD 0.73 billion in 2021 and is anticipated to expand at a compounded annual growth rate (CAGR) of 6.1% from 2022 to 2030. The rising adoption of personal mobility, and increased penetration of alternative-engine powertrain vehicles, is likely to drive demand for electric vehicles in the automotive sector and thus drive the industry expansion for injection molding machine. The COVID-19 pandemic outbreak resulted in the implementation of a global lockdown, which caused a delay in the development and manufacture of injection moldingequipment. During the initial period of the lockdown, there has been a dwindled demand for machines from the automotive, packaging, and logistics industries. This has sequentially hampered the Indian injection molding machines market.

India Injection Molding Machine Market Share Report, 2030 (1)

COVID-19's impact includes a scarcity of subcontractors and materials, supply chain interruptions, and contract terminations to limit costs. The India Injection Molding Machine market saw negative growth during the pandemic period, but it is likely to recover traction quickly with the revival of economic activity. Even before the COVID-19 pandemic, geopolitical dynamics led to the regional and local procurement of raw materials, resulting in short manufacturing runs and highly diverse product lines.

Growing adoption of automation and increasing demand for automobiles and consumer goods are expected to fuel the growth of the injection molding machine market. Increased demand from households, changing lifestyles of individuals, greater access to finance, and increased disposable incomes all contribute to the growth of the Indian consumer electronics industry, which are expected to drive the growth of this industry over the forecast period.

Material Insights

The plastics segment led the market and accounted for 74.8% of the global revenue share in 2021 owing to rapid growth in the consumption of plastic parts in the automotive industry, due to their lightweight and cost, are expected to drive the industry growth of the plastic segment over the forecast period. Plastic molded parts provide a solution for high-volume and cost-efficiency. The recent trend of light-weighting in the automotive industry to enhance fuel efficiency has resulted in increased use of plastic molded parts, coupled with rising demand for plastic molded components in medical device manufacturing.

The metal segment is estimated to witness a CAGR of 5.6% from 2022 to 2030, in terms of revenue on account of the factors such as high resistance to corrosion, and the ability to manufacture parts with complex geometries have resulted in increased demand for metal molded products. The rising costs of recyclability of plastics have led manufacturers to look into substitutes such as bioplastics that are environmentally friendly and have similar properties to plastics; this has led to an increase in demand for this product.

Technology Insights

The hydraulic segment led the market and accounted for 80.34% of the global revenue share in 2021. Factors such as the ability to work under high-pressure, high-power density, and wide use in automotive, marine, and aerospace industries where heavy force is required are expected to augment industry growth. The electric segment is estimated to witness a CAGR of 7.7% over the forecast period owing to its high efficiency, and it requires less start-up time and run-time as compared to the hydraulic segment. The electrictechnology is tighter, faster, and cleaner, as compared to hydraulic machines.

The hybrid segment provides a faster return on investment and provides continuous adjustments with the help of the servo motor along with diversity in the product design. Furthermore, the closed-loop process of these machines provides a faster response time, resulting in increased adoption across various end-use industries. Manufacturers developed hybrid segment largely to save energy through screw recovery. As many countries such as Indiarush to create infrastructure around 5G, hybrid machines are likely to play a major part in the fabrication of the telecommunications sector, with hybrid machines growing at a CAGR of 6.5% over the projection period.

End-use Insights

The automotive end-use segment dominated the market and accounted for over 29.1% of the global revenue share in 2021 owing to rising automotive production and increasing demand for lightweight automotive components. Furthermore, this product provides fast prototypes with rapid tooling, and high precision and surface finish, which are expected to propel industry growth. Injection molding has several applications in the packaging industry as it is used to make thin wall containers, dairy juice and water packaging, beverage caps and closure, and specialty closures. Increasing consumption of packaging products in the healthcare, personal care, and consumer goods industries is expected to boost the packaging industry over the forecast period.

India Injection Molding Machine Market Share Report, 2030 (2)

Injection moldingis used in the production of smartphones, tablets, laptops, connections, sensors, and several other electronic components. These parts demand high levels of accuracy and quality, which injection moldingmachines can provide, making it the fastest-growing end-use category throughout the projection period, with a CAGR of 6.8%. The demand for consumer goods is witnessing significant growth in emerging economies owing to the increasing population and improvement in the economic conditions of the countries. Furthermore, rising awareness pertaining to personal hygiene and organic personal care products is anticipated to drive the consumer goods industry. This, in turn, is expected to have a positive impact on the demand for IMM in the production of various consumer goods.

Key Companies & Market Share Insights

The industry is highly competitive in nature and dependent on technological advancements and product development. Market players strive to achieve new application developments in order to gain a competitive advantage. The presence of large local players in India poses a major threat to the large multinational firms in terms of product quality and price offered to the customers.

The companies are focusing on optimum business growth by introducing numerous growth strategies. Many companies are investing heavily in research and development and continue to bring new products to the global industry. Some of the prominent players in the India injection molding machine market include:

India Injection Molding Machine Market Report Scope

Report Attribute


Market size value in 2022

USD 0.77 billion

Revenue forecast in 2030

USD 1.2 billion

Growth rate

CAGR of 6.1% from 2022 to 2030

Base year for estimation


Historical data

2017 - 2020

Forecast period

2022 - 2030

Quantitative units

Revenue in USD million and CAGR from 2020 to 2030

Report coverage

Revenue forecast, company ranking, competitive landscape, growth factors, and trends

Segments covered

Material, technology, end-use

Country Scope


Key companies profiled

Arburg GmbH + Co KG; HAITIAN INTERNATIONAL; KraussMaffei; Milacron; NISSEI PLASTIC INDUSTRIAL CO., LTD.; ENGEL AUSTRIA GmbH; Chen Hsong Holdings Limited; UBE MACHINERY CORPORATION, Ltd.; Husky Injection Molding Systems Ltd.; WITTMANN Kunststoffgeräte GmbH; FANUC CORPORATION; Shibaura Machine CO., LTD (Formerly Toshiba Machine); TOYO MACHINERY & METAL CO., LTD.; The Japan Steel Works, LTD.; Sumitomo Heavy Industries, Ltd.

Customization scope

Free report customization (equivalent up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs.Explore purchase options

India Injection Molding Machine Market Segmentation

This report forecasts revenue growth at country level and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the India injection molding machine market report based on material, technology, and end-use:

India Injection Molding Machine Market Share Report, 2030 (3)

(Video) Injection Moulding Business in India - Project Report

Frequently Asked Questions About This Report

How big is the India injection molding machine market?

What is the India injection molding machine market growth?

Which segment accounted for the largest India injection molding machine market share?

(Video) Injection Moulding Machine ki puri jankari | is machine se plastic ka koi bi saman bna skte h

Who are the key players in the India injection molding machine market?

What are the key factors driving the India injection molding machine market?

(Video) Plastic Market Size, Trends, Share and Industry Growth Analysis Report 2022-2028


What is the size of injection molding machine market in India? ›

The growth rate of the Indian Injection Molding Machine Market is 6.1%, with an estimated value of $1.2 Billion by 2030.

What is the market size of injection molding machine? ›

Injection Molding Machine Market was valued at USD 10.4 billion in 2022 and is projected to reach USD 12.4 billion by 2027, growing at a cagr 3.6% from 2022 to 2027.

What is the growth rate of injection molding? ›

The projected market size of global plastic injection molding market is $240.9 billion by 2027, growing at a CAGR of 5.1%.

How big is the mold making market? ›

Metal Molds Market for Plastic Injection Molding size was recorded at USD 4.5 billion in 2022.

What is the price of 130 ton injection molding machine in India? ›

Automatic 130 Ton Plastic Injection Molding Machine, For Industrial at Rs 875000 in Vadodara.

What is the price of 800 ton injection molding machine in India? ›

650 / 800 Ton For Plastic Injection Molding Machine at Rs 19000/piece | Ring Plunger in Mumbai | ID: 8108128455.

Which is the world's largest injection molding machine? ›

The Engel duo 130000/130000H/8200 combi machines each feature two 85,000 cm³ (approx. 2900 oz.) injection units capable of a combined total shot weight of 270 lbs (122 kg). In terms of footprint, the machines measure 96 feet (29.3 meters) long and 37 feet (6.4 meters) wide.

What is the most common injection molding machine? ›

Hydraulic injection molding machines are the most common type of machine on the market. They are typically less expensive than electric or servo-electric machines, and they are easy to operate.

What is the largest molding machines? ›

Austrian injection molding machine manufacturer ENGEL has set a new record with two injection molding machines delivered to the USA. With a clamping force of 8,000 tons each, they are the largest machines ever built at the St. Valentin plant in Austria.

What is the size of the plastic injection molding industry? ›

Segmental Analysis. The global plastic injection molding market share is classified on the basis of raw materials and applications. Based on the types of raw materials used, polypropylene is the major shareholder in the global plastic injection molding market. The market revenue was valued at USD 48999 million in 2021.

How much does injection molding cost in India? ›

Amrut Brothers Machinery Private Limited
All India - ₹1250000/PieceAhmedabad - ₹1500000/Piece
Ghaziabad - ₹1195000/PieceDelhi - ₹800000/Piece
Rajkot - ₹750000/Piece

What is the price of injection molding robot in India? ›

Plastic Injection Moulding Machine Robot at Rs 475000 | Odhav | Ahmedabad | ID: 21197914862.

What is the price of 160 ton injection Moulding machine STM in India? ›

160 Ton Injection Moulding Machine at Rs 1200000 in Thane | ID: 19731227012.


1. 2023 Profitable Business Ideas in India - Best Manufacturing Business Idea | Naya Busienss
(Naya Business)
2. Prefilled Syringes Market (Glass and Plastic) - Global Industry Analysis, Size, Volume, Share, Growt
(Mark Martin)
3. Injections Moulding Machines by Electronica Plastic Machines Ltd., Pune
(Business Video)
4. 2030 तक Hold करो, पैसा 5 गुना करके देगा🔥🔥🔥Multibagger Stock In Hindi By Guide To Investing💥💥
(Guide to Investing)
5. 'Tumors just vanished': Cancer patients now in remission after drug trial
6. Japan Ki Haratangaz Ijadat | Feature Technology And Innovation Of Japan
(Discover The Facts)
Top Articles
Latest Posts
Article information

Author: Sen. Ignacio Ratke

Last Updated: 18/05/2023

Views: 5942

Rating: 4.6 / 5 (56 voted)

Reviews: 87% of readers found this page helpful

Author information

Name: Sen. Ignacio Ratke

Birthday: 1999-05-27

Address: Apt. 171 8116 Bailey Via, Roberthaven, GA 58289

Phone: +2585395768220

Job: Lead Liaison

Hobby: Lockpicking, LARPing, Lego building, Lapidary, Macrame, Book restoration, Bodybuilding

Introduction: My name is Sen. Ignacio Ratke, I am a adventurous, zealous, outstanding, agreeable, precious, excited, gifted person who loves writing and wants to share my knowledge and understanding with you.