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The global injection molding machine market size was estimated at USD 18.28 billion in 2019. It is expected to expand at a compounded annual growth rate (CAGR) of 3.0% from 2020 to 2027. Rising investments in technological advancements for reducing production costs and scraps, thereby shortening production cycle time, are expected to drive market growth

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The global injection moulding machine market was $15,255 million in 2017, and is projected to reach $22,323 million in 2025, growing at a CAGR of 4.7%.

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