Industrial Mold Market Report 2026

The industrial mold market size has grown strongly in recent years. It will grow from $54.04 billion in 2025 to $57.41 billion in 2026 at a compound annual growth rate (CAGR) of 6.2%. The growth in the historic period can be attributed to expansion of plastic manufacturing, growth of automotive production, demand for mass-produced components, reliance on metal molds, industrial tooling requirements.

The industrial mold market size is expected to see strong growth in the next few years. It will grow to $75.57 billion in 2030 at a compound annual growth rate (CAGR) of 7.1%. The growth in the forecast period can be attributed to customized manufacturing demand, adoption of lightweight materials, growth of electric vehicle components, advanced tooling technologies, automation in mold making. Major trends in the forecast period include demand for high-precision mold manufacturing, growth of custom mold designs, adoption of advanced mold materials, expansion of automotive and manufacturing applications, focus on mold durability and lifecycle.

The growing manufacturing and production industry is expected to drive the growth of the industrial mold market going forward. The manufacturing and production industry includes a broad range of activities related to the creation and assembly of goods and products. Industrial molds serve as essential tools that improve manufacturing and production processes by enabling cost-effective, precise, and scalable production of a variety of products across multiple sectors. For example, in 2024, according to the United Nations Industrial Development Organization (UNIDO), an Austria-based international agency, global industrial value-added increased by 2.4 percent in 2023, with manufacturing output alone rising by 2.8 percent compared to the previous year. Hence, the growth of the manufacturing and production sectors will support the expansion of the industrial mold market.

Major companies in the industrial mold market are increasingly focusing on introducing advanced, integrated molding technologies to strengthen their competitive edge and meet growing demands for efficiency, automation, and high-precision production. These next-generation solutions integrate innovative machine platforms, digital monitoring, and automation capabilities to enhance performance across various molding applications. For instance, in April 2024, Milacron, a US-based industrial company, launched a new lineup at NPE 2024 featuring its upgraded M-Series injection molding machines, along with co-injection systems, in-mold labeling and decoration technologies, hot-runner solutions, IIoT-enabled process monitoring, and fully automated cell integrations. This comprehensive offering reflects the market’s shift toward holistic, system-level solutions that improve output quality, energy efficiency, and operational uptime. By providing end-to-end molding ecosystems instead of standalone machines, companies like Milacron enable manufacturers to reduce production complexity, achieve higher precision, and accelerate time-to-market, ultimately enhancing competitiveness in the global industrial mold landscape.

In July 2024, Blackford Capital, a US-based investment firm, acquired Industrial Molding Corporation for an undisclosed sum. This acquisition is part of Blackford Capital's strategic transformation plan to strengthen its capabilities in the injection molded plastics sector, particularly for the automotive industry. Industrial Molding Corporation is a US-based provider of industrial molds.

Major companies operating in the industrial mold market are Husky Injection Molding Systems Ltd., ENGEL Austria GmbH, ARBURG GmbH + Co. KG, KraussMaffei Group GmbH, Milacron Holdings Corp., Sumitomo (SHI) Demag Plastics Machinery GmbH, Nissei Plastic Industrial Co., Ltd., Shibaura Machine Co., Ltd., The Cannon Group, Inc., StackTeck Systems Ltd., Sino Mould Co., Ltd., DMG MORI Co., Ltd., U.S. Industrial Machinery, Inc., Takween Advanced Industries, Apex Plastics, Inc., Proto Labs, Inc., Rosti Group AB, Aria Mold & Engineering Co., Jaco Tool, Inc., Mold-Masters Limited, Progressive Components International Corporation, HASCO Hasenclever GmbH + Co. KG, DME Company LLC, FCPK Mold & Engineering Inc.

North America was the largest region in The industrial mold market in 2025. Western Europe was the second largest region of the industrial mold market. The regions covered in the industrial mold market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the industrial mold market report are China, India, Japan, Australia, Indonesia, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, Taiwan, New Zealand, UK, Germany, France, Italy, Spain, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.

The industrial mold market consists of sales of compression molding, melt molding, transfer molding, injection molding. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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