The Europe injection moulders market size is expected to thrive at a CAGR of 4.1% during the forecast period. The market value is projected to increase from USD 2,330.1 million in 2023 to USD 3,481.2 million by 2033.
In 2022, the Europe injection moulders industry was valued at USD 2,233.5 million and it is set to exhibit Y-o-Y growth of 4.0% in 2023. Over the next ten years, injection moulder sales across Europe are likely to soar at a steady pace, generating significant revenues.
According to Future Market Insights (FMI), automotive segment by end use held a share of more than 25% in 2022 within the Europe market. This is due to rising applications of injection moulding in the automotive sector.
The hot runner mould segment with a market share of more than 70% has topped the Europe injection moulders within the mould type category. It is expected to expand at a CAGR of around 3.9% over the forecast period (2023 to 2033).
A new estimation reveals Europe injection moulders sales to generate an attractive incremental growth opportunity of USD 1,247.6 million through 2033. The target market is forecast to expand 1.6 times the current market value during the forecast period.
Key Factors Shaping the Europe Injection Moulders Industry:
Injection moulds or moulders are instruments used in the injection moulding process to create plastic objects. These moulds, which are usually composed of steel or aluminum, are used to shape molten plastic material into a certain shape.
Injection moulds are composed of two halves, a core and a cavity, which are separated to discharge the finished product. They are utilized in a wide range of industries, including automotive, consumer goods, medical devices, and others.
Injection moulders are capable of producing complex and precise parts in large quantities while maintaining constant quality.
Growing importance of injection moulding process across various sectors is expected to boost the Europe injection moulders industry during the assessment period.
Injection moulding is a critical step in the production of plastic parts for a variety of applications. This approach necessitates a plethora of materials as well as many injection moulds. These injection moulds are classed depending on their features, which include the feeding mechanism, the number of cavities, and the mould plate.
Advancements in injection moulding technology, such as 3D printing and automation, are making it easier and more cost-effective to produce complex parts and customized products. This could increase demand for injection moulders as manufacturers seek to capitalize on these technologies.
| Attributes | Key Insights |
|---|---|
| Estimated Europe Injection Moulders Market Size (2023) | USD 2,330.1 million |
| Projected Market Value (2033) | USD 3,481.2 million |
| Value CAGR (2023 to 2033) | 4.1% |
| Collective Value Share: Top 5 Countries (2022A) | 35% to 40% |
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As per Future Market Insights (FMI), the Europe injection moulders market witnessed a CAGR of 2.6% during the historic period. Total market value at the end of 2022 reached around USD 2,233.5 million.
Looking forwards, the target market is forecast to expand at 4.1% CAGR during the assessment period. By 2033, total market size is anticipated to reach USD 3,481.2 million.
Rising usage of injection moulding across sectors such as automotive, packaging, electronics, and healthcare is a key factor driving Europe injection moulders industry.
Injection moulders have become essential tools for large scale production of components and parts across various sectors. They are being widely used to manufacture automotive parts, electronic components, etc.
Growing automotive manufacturing sector across Europe is expected to boost the injection moulders industry during the assessment period.
Automotive manufacturing is a crucial sector in Europe, producing nearly 20 million vehicles annually. It is one of the leading industries on the continent. With the EU being one of the leading producers of motor vehicles in the world, the sector represents a significant private investor in research and development (R&D).
Injection moulding is among the many manufacturing methods used to keep up with the demand for automotive parts with intricate designs.
Injection moulding is particularly suitable for creating parts with thin walls, sharp cutbacks, tight corners, and protruding edges, especially in flexible materials such as resins, plastics, and rubbers. Therefore, when precision is critical for automotive parts, injection moulding is worth the investment to produce the most advanced designs.
To meet rising demand from automotive sector, leading companies are using strategies such as mergers and collaborations. For instance, recently injection molding software provider Moldex3D and injection molding machine manufacturer ENGEL collaborated to develop simulation software for automotive lightweighting.
High Adoption of In-Mold Process Monitoring and Demand for Eco-Friendly & Sustainable Materials to Boost the Market:
Acquiring a great deal of data for manufacturing process control is a recent trend in plastic production created by evolving industry demands. A study has been going on in-mold process monitoring tools and methods for injection moulding process control.
The most relevant data of the manufacturing process comes from mold cavity. There have been recent developments of standard sensors for the measurement of in-mold process parameters.
Various attempts are being made for solving certain research and industrial problems of injection moulding process monitoring. For instance,
Bio resins are becoming increasingly popular as a viable alternative to traditional resins, as they are made from plant extracts and other renewable sources. They enable green practices by reducing toxic emissions, ensuring safe disposal, and utilizing energy-efficient processes.
Manufacturing companies are now using biodegradable, thermoplastics as well as degradant concentrates such as manganese stearate and cobalt separate as additives to promote disintegration and oxidation. This will support expansion of the target market during the assessment period.
Growth of Electric Vehicle Sector to Propel Demand for Injection Moulding Tools:
The advent of battery technology and innovative engine design has transformed the automobile sector, leading to the development of electric cars that are gaining traction in the market.
As demand for electric cars continues to surge, manufacturers have invested significantly in creating supply chains capable of meeting this demand. Injection moulding plays a crucial role in this supply chain, particularly in the production of plastic components for electric cars.
Although automobiles are typically associated with metal, plastic injection moulding has emerged as a growing trend in the sector, driven largely by the rise of electric vehicles. While metal remains the primary material for the exterior of a car, manufacturers are increasingly turning to plastic for internal components.
Plastic injection moulding offers an affordable, lightweight, and versatile solution for producing high-precision components with consistent quality. This is making it an ideal manufacturing process for the electric car sector. As a result, injection moulder manufacturers are targeting the electric vehicle market to tap into this growing opportunity.
Principal Consultant
| Country | Germany |
|---|---|
| Market Share (2023) | 31.8% |
| Market Share (2033) | 28.0% |
| BPS Analysis | -380 |
| Country | France |
|---|---|
| Market Share (2023) | 12.5% |
| Market Share (2033) | 11.6% |
| BPS Analysis | -90 |
| Country | Spain |
|---|---|
| Market Share (2023) | 9.1% |
| Market Share (2033) | 9.6% |
| BPS Analysis | 50 |
| Country | Italy |
|---|---|
| Market Share (2023) | 7.3% |
| Market Share (2033) | 8.4% |
| BPS Analysis | 110 |
| Country | United Kingdom |
|---|---|
| Market Share (2023) | 10.5% |
| Market Share (2033) | 10.2% |
| BPS Analysis | -30 |
| Country | Nordics |
|---|---|
| Market Share (2023) | 7.1% |
| Market Share (2033) | 9.1% |
| BPS Analysis | 200 |
| Country | Poland |
|---|---|
| Market Share (2023) | 2.7% |
| Market Share (2033) | 2.8% |
| BPS Analysis | 10 |
| Country | Hungary |
|---|---|
| Market Share (2023) | 2.1% |
| Market Share (2033) | 2.4% |
| BPS Analysis | 30 |
| Country | Romania |
|---|---|
| Market Share (2023) | 1.8% |
| Market Share (2033) | 2.2% |
| BPS Analysis | 40 |
| Country | Czech Republic |
|---|---|
| Market Share (2023) | 1.5% |
| Market Share (2033) | 2.0% |
| BPS Analysis | 50 |
Booming Automotive & Electronics Sectors Fueling Injection Moulders Demand in Germany
Germany is emerging as one of the leading markets for injection moulders across Europe. This is due to rising usage of injection moudling equipment across Germany’s thriving automotive and electronics sectors.
Germany is expected to hold 31.8% share of the Europe market in 2023. It is anticipated to offer an incremental opportunity of USD 255.9 million over the projection period.
Demand for injection moulders in Germany is expected to rise steadily due to well established automotive sector. The country recorded the highest value of sold production, equivalent to 27% of the EU total.
The electronics sector also has a significant impact on injection moulder sales in Germany, as it drives demand for advanced materials and technologies requiring a high degree of customization, and places a growing emphasis on sustainability.
According to Germany Trade & Invest, Germany's electronics sector is responsible for 10% of domestic industrial output, 3% percent of GDP, and 23% of total Germany research & development spending. Expansion of this sector will eventually boost the injection moulders industry in Germany.
Rising Applications of Injection Moulders in Packaging & Automotive Sectors Making Germany a Lucrative Market
France is emerging as a highly lucrative market for Europe-based injection moulder manufacturers. This is due to thriving packaging sector and growing demand for plastic components in the automotive sector.
France's packaging sector contributes significantly to the entire European packaging market. The country places a high value on quality and innovative packaging solutions, which are driven by the needs of numerous sectors including cosmetics, food & beverages, medicines, and consumer products.
Similarly, injection moulding is widely utilized in the manufacture of automobile components such as interior and exterior trim, dashboards, panels, and different under-the-hood components.
The automobile sector requires high-quality, precision-engineered parts that meet stringent safety and performance requirements. Injection moulders that can meet these specifications will find profitable possibilities in the France automotive sector.
Due to rising demand for plastic parts and booming packaging sector, France is expected to account for about 12.5% market share in 2023.
Advantages of Hot Runner Moulds Making them Popular Among Manufacturers
A hot runner mould is an injection moulding tool in which the runners that feed molten plastic to the mould cavities are heated, allowing for more control over the moulding process.
In a hot runner mould, the plastic is injected into the mould via a heated manifold system, which keeps the plastic molten until it reaches the cavity. This enables moulding that is more efficient because less waste is generated during the process, and it can help to cut cycle times and enhance part quality.
Hot runner moulds can be used for a variety of materials and applications. They are frequently employed for high-volume production runs where precision and repeatability are crucial.
Usage of hot runner moulds helps end users increase overall moulding efficiency by reducing cycle time and energy costs. As a result, hot runner systems are becoming ideal choice for moulding thermoplastics.
Growing adoption of hot runner systems across various sectors is expected to play a key role in boosting the Europe injection moulders industry.
According to Future Market Insights, hot runner mould segment is anticipated to gain a market share of more than 82% in the estimated year. Further, it is likely to exhibit a CAGR of 4.4% through 2033.
Plastics Segment Holds a Dominant Market Share
Plastic mould manufacturers are adopting reinforced plastics, which have high growth prospects in the market. The automotive sector is replacing metal with glass, carbon, metal, and graphite plastics due to their design flexibility, durability and lightweight.
The use of reinforced plastics is also gaining popularity in defense and medical applications. In the automotive sector, lightweight & slim tools and parts made of reinforced plastics aim to improve mileage and extend battery life.
The medical sector is shifting towards special medical-grade plastics for joint replacement, stents, and mesh scaffolds. There is an increasing demand for injection moulded equipment and tools to enhance mobility, reduce costs, and maximize outcomes.
Thus, the plastic segment is expected to hold 59.4% of the market in the forecast year. It is projected to create an incremental opportunity worth USD 602.1 million during the forecast period.
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Key injection moulder manufacturers are focusing on developing innovations to meet end user demand across Europe. They are also using strategies such as mergers, facility expansions, partnerships, collaborations, acquisitions, and agreements to strengthen their presence and increase revenues.
Recent developments:
| Attribute | Details |
|---|---|
| Estimated Market Value (2023) | USD 2,330.1 million |
| Projected Market Value (2033) | USD 3,481.2 million |
| Anticipated Growth Rate (2023 to 2033) | 4.1% CAGR |
| Historical Data | 2017 to 2022 |
| Forecast Period | 2023 to 2033 |
| Quantitative Units | Revenue in USD Million, Volume in Units and CAGR from 2023 to 2033 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
| Segments Covered | Mould Type, Material, End Use, Country |
| Key Countries Covered | Germany, Spain, Russia, Italy, United Kingdom, France, BENELUX, Nordic, Poland, Hungary, Romania, Czech Republic, Rest of Europe |
| Key Companies Profiled | Modelos Atienza Climent S L; Upmold Company; CVA Plastic; Dino Brunelli S.a.s. di Giampaolo Brunelli & C.; Nolato AB (Nolato); Erreka Group; WIT MOLD LIMITED; GEOCAD Group; VEM TOOLING (I) PVT LTD; Aco Mold Co Limited; INPLASTIC; TAIZHOU HUANGYAN JMT MOULD CO., LTD.; HASCO Hasenclever GmbH + Co KG; Plastisud SAS; Entech Group UAB |
In 2022, the Europe injection moulders market was valued at USD 2,233.5 million.
The Europe injection moulders market size is expected to reach USD 2,330.1 million in 2023.
The Europe injection moulders industry valuation is expected to reach USD 3,4581.2 million in 2033.
The Europe market exhibited a CAGR of 2.0% over the last 4 years.
Europe injection moulder demand is projected to rise at 4.1% CAGR through 2033.
The automotive segment is expected to garner a significant value share by 2023 in Europe injection moulders industry.
1. Executive Summary 2. Market Overview 3. Key Market Trends 4. Key Success Factors 5. Market Demand Analysis 2017 to 2022 and Forecast, 2023 to 2033 6. Market - Pricing Analysis 7. Market Demand (in Value or Size in USD Million) Analysis 2017 to 2022 and Forecast, 2023 to 2033 8. Market Background 9. Market Analysis 2017 to 2022 and Forecast 2023 to 2033, By Mould Type 9.1. Cold Runner Mould 9.1.1. Two Plate Mould 9.1.2. Three Plate Mould 9.2. Hot Runner (Runnerless) Mould 9.2.1. Externally Heated Hot Runner 9.2.2. Internally Heated Hot Runners 9.2.3. Insulated Hot Runners 10. Market Analysis 2017 to 2022 and Forecast 2023 to 2033, Material 10.1. Plastic 10.2. Metal 10.3. Rubber 10.4. Ceramic 11. Market Analysis 2017 to 2022 and Forecast 2023 to 2033, End Use 11.1. Automotive 11.2. Packaging 11.3. Electronics 11.4. Healthcare 11.5. Consumer Goods 11.6. Aerospace & Defense 11.7. Building & Construction 11.8. Others 12. Market Analysis 2017 to 2022 and Forecast 2023 to 2033, Country 12.1. Germany 12.2. Spain 12.3. Russia 12.4. Italy 12.5. United Kingdom 12.6. France 12.7. BENELUX 12.8. Nordic 12.9. Poland 12.10. Hungary 12.11. Romania 12.12. Czech Republic 12.13. Rest of Europe 13. Country wise Market Analysis 2023 & 2033 14. Brand Share Analysis 15. Market Structure Analysis 16. Competition Analysis 16.1. Modelos Atienza Climent S L 16.2. Upmold Company 16.3. CVA Plastic 16.4. Dino Brunelli S.a.s. di Giampaolo Brunelli & C. 16.5. Nolato AB (Nolato) 16.6. Erreka Group 16.7. WIT MOLD LIMITED 16.8. GEOCAD Group 16.9. VEM TOOLING (I) PVT LTD 16.10. Aco Mold Co Limited 16.11. INPLASTIC 16.12. TAIZHOU HUANGYAN JMT MOULD CO., LTD. 16.13. HASCO Hasenclever GmbH + Co KG 16.14. Plastisud SAS 16.15. Entech Group UAB 17. Assumptions and Acronyms Used 18. Research Methodology
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Europe Injection Moulders Market
