Global Plastics Injection Molding Market Size and Share Analysis 2023-2028

Market Overview

The process of injection molding involves the production of molded products by injecting molten plastic materials into a mold, followed by cooling and solidification.

The Global Plastics Injection Molding Market is projected to expand from 144.6 million tons in 2023 to 177.5 million tons by 2028, reflecting a compound annual growth rate (CAGR) of 4.18% during the forecast period (2023-2028).

Product Type

Market Research



Release Date

March 2023

Base Year


Forecast Period


Market Size

144.6 million tons in 2021

Market Segments

Raw Material Type, Application, Region



No. of Companies Mentioned


Despite experiencing a decline in demand due to the COVID-19 pandemic, the injection molding market demonstrated resilience and gradually recovered, reaching pre-pandemic levels of activity.

The increasing utilization of injection molding in automotive applications, along with the growing demand from the packaging industry, are key drivers for market demand. Furthermore, the rising consumer goods and electronics industries are expected to further strengthen this demand. However, challenges such as high initial costs associated with entering the injection molding market, as well as the prevalence of alternative technologies like 3D printing, may impede market growth.

Conversely, there are promising opportunities for the plastics injection molding market, particularly due to the shift towards manufacturing lightweight and electrified vehicles, as well as emerging applications in the healthcare sector.

In terms of regional dominance, the Asia-Pacific region holds the largest share in the global plastics injection molding market, driven primarily by significant consumption in countries such as China, India, and Japan.

Market Segmentation

The market is segmented based on various factors, including raw material type, application, and region.

Segmentation by Raw Material Type
Acrylonitrile Butadiene Styrene (ABS)
Polyvinyl Chloride (PVC)
Other Raw Materials

Segmentation by Application
Building and Construction
Consumer Goods
Automotive and Transportation
Other Applications

Segmentation by Region
North America – United States, Canada, and Mexico
Europe – United Kingdom, Germany, France, Italy, and Rest of Europe
Asia-Pacific – China, Japan, India, South Korea, and Rest of Asia-Pacific
Latin America – Brazil, Argentina, and Rest of Latin America
Middle East and Africa – Saudi Arabia, South Africa, and Rest of Middle East and Africa

Polyethylene is the primary raw material used in the production of injection molded plastics. Its exceptional characteristics and widespread availability have contributed to its extensive use in injection molding processes. Polyethylene, also known as polythene or polyethylene, is a widely utilized plastic worldwide. It is classified as an addition polymer and has a linear structure. The most common application for these synthetic polymers is packaging. Polyethylene (PE) comprises a group of thermoplastic polymers with similar chemical compositions. Based on density, polyethylene thermoplastics are categorized into several classes, including ultra-high molecular weight polyethylene, medium density polyethylene (MDPE), high-density polyethylene (HDPE), and low-density polyethylene (LDPE). Polyethylene is available in a wide range of colors and clarity, from transparent to opaque. It exhibits resistance to alkalis and organic solvents but undergoes oxidation when exposed to strong acids. In plastic injection molding, HDPE and LDPE are commonly used due to their chemical resistance, although they differ in hardness, flexibility, melting points, and optical transparency.

The increasing demand for lightweight materials to enhance fuel efficiency in vehicles is expected to drive the demand for injection-molded plastic components. Plastics offer numerous advantages, such as cold temperature resistance, UV stability, durability, lightweight, soft and scratch-resistant surfaces, and controlled oxygen and water vapor transmission. Plastics exhibit superior high-performance characteristics compared to traditional metals, including improved efficiency and performance. The energy required to accelerate a heavy vehicle is greater than that required for a lighter vehicle. Reducing vehicle weight by 10% can result in a 6-8% improvement in fuel economy.

The packaging segment is projected to dominate the market for plastic injection molding. Plastic injection molding provides versatile solutions for high-volume packaging, thin-wall containers, and bottle molds. These solutions find extensive use in various end-user industries for packaging purposes. In addition to offering versatile packaging solutions, plastic molding also helps reduce plastic consumption, making it an ideal choice for economic and ecological reasons. The global packaging industry has been experiencing rapid growth and evolution attributed to factors such as increasing population, growing sustainability concerns, rising disposable income in developing nations, expanding retail sectors in emerging economies, and a surge in demand for smart packaging solutions. For example, Japan is one of the largest and fastest-growing e-commerce markets globally and is anticipated to generate significant revenue by 2023. This growing e-commerce sector is expected to drive the demand for packaging solutions. The United States, being a leading player in the retail industry, also presents a substantial market for plastic injection molding, particularly in the flexible packaging segment. The food and beverage industry, in particular, contributes significantly to the demand for flexible packaging applications.

Consequently, the demand for plastic injection molding is expected to witness substantial growth in the packaging segment due to the aforementioned factors.

The Asia Pacific region, characterized by high-paced industrial growth, offers ample growth opportunities for the plastics market. The increasing production of automobiles, electronics, and consumer goods serve as major drivers for the demand for plastics. Countries like China, India, Japan, and South Korea, with their emerging economies, are expected to dominate the global plastics injection molding market during the forecast period. Notably, China, as a leading economy in the Asia-Pacific region, is projected to witness strong growth figures in its packaging industry, which will consequently drive the demand for plastic injection molding. The automotive industry in China has also shown growth despite challenges such as COVID-19 outbreaks, semiconductor chip shortages, and geopolitical tensions affecting supply chains. The adoption of plastic injection molding in the automotive sector is likely to contribute to the demand for the market in the forecast period. Furthermore, the residential construction sector in China is expected to boost demand for plastic injection molding, supported by the government’s commitment to implementing affordable housing schemes. The electronics sector in the Asia-Pacific region, particularly in China, India, and Japan, has experienced steady growth, with significant production value in recent years. The Asia-Pacific region is poised to dominate the global plastics injection molding market during the forecast period, driven by various factors as mentioned above.

Competitive Landscape

The plastics injection molding market exhibits fragmentation, with a limited market share held by the top players. Berry Global Inc. has emerged as the prominent leader in the global market due to its wide-ranging product portfolio and extensive geographical presence. Amcor PLC secures the second position in the market, leveraging its injection molding capabilities and comprehensive product offerings across multiple industry sectors. Notable companies in the market include Berry Global Inc, AptarGroup, Inc., Silgan Holdings Inc., Amcor PLC, and ALPLA.

Key Companies Profiled in this report include ALPLA Group, Amcor plc, AptarGroup, Inc., Berry Global Inc., EVCO Plastics, IAC Group, Magna International Inc., Quantum Plastics, LLC, Silgan Holdings Inc., The Rodon Group, BERICAP Holding GmbH, HTI Plastics.

Recent Industry Developments

In October 2022, Evco Plastics announced its plans to expand its manufacturing capacity in Wisconsin, the United States, with an investment of USD 11 million. The company currently operates 183 injection molding machines.

In July 2022, ALPLA made an investment of USD 850,000 in India to establish a mold shop. This mold shop in India will be ALPLA’s third facility of its kind, following those in Austria and Germany. The Indian mold shop aims to develop local solutions using global technology. With this investment, ALPLA’s total investments in Pashamylaram, India, are expected to reach USD 61 million.

Key Questions Answered

What is the duration of the study period for this market?
What is the growth rate of the Plastics Injection Molding Market?
What is the size of the Plastics Injection Molding Market?
Which region exhibits the highest growth rate in the Plastics Injection Molding Market?
Which region holds the largest share in the Plastics Injection Molding Market?
Who are the key players operating in the Plastics Injection Molding Market?

Global Plastics Injection Molding Market Size and Share Analysis 2023-2028

Scroll to Top


Global Plastics Injection Molding Market Size and Share Analysis 2023-2028

Please fill out our form and we will get back to you.


Global Plastics Injection Molding Market Size and Share Analysis 2023-2028

Please fill out our form and we will get back to you.