Plastic Injection Molding Machine Market Outlook:
Plastic Injection Molding Machine Market size was over USD 12.4 billion in 2025 and is projected to reach USD 18.71 billion by 2035, witnessing around 4.2% CAGR during the forecast period i.e., between 2026-2035. In the year 2026, the industry size of plastic injection molding machine is evaluated at USD 12.87 billion.
The plastic injection molding machine market is expected to record significant growth due to increasing demand from the healthcare, automotive, consumer products, and packaging industries. As industries strive to deliver higher production rates while remaining environmentally responsible, manufacturers are paying more attention to energy-efficient production, automation, and precision molding as the defining strategies. In February 2025, Mack Molding revealed a plan to invest USD 3 million in automation and additional equipment for productivity enhancement and production capacity. This initiative aims to meet the increasing application of precision and micro molding across different industries. The investment also shows how manufacturing firms require modern equipment to sustain competitive advantage in complex manufacturing processes that require customization, faster production rates, and quality assurance.
Global sustainability goals and the requirement for smart manufacturing systems are influencing plastic injection molding machine market opportunities further. In October 2024, Milacron launched its new all-electric injection molding machine with monosandwich technology. The eQ180 allows for the use of post-consumer recycled (PCR) material to manufacture multi-layer parts, enhancing resource-efficient manufacturing. This innovative technology is consistent with circular economy principles, providing an avenue for manufacturers to embrace environmentalism while ensuring product quality. Such innovations are helping to define the transition to integrated systems, where the performance of the machine is linked with a reduction in the impact on the environment.