Plastic Processing Machinery Market Report 2026

The plastic processing machinery market size has grown strongly in recent years. It will grow from $40.24 billion in 2025 to $42.52 billion in 2026 at a compound annual growth rate (CAGR) of 5.7%. The growth in the historic period can be attributed to growth in plastic product consumption, expansion of packaging industry, demand for lightweight materials in automotive sector, cost efficiency of plastic manufacturing, industrial automation adoption.

The plastic processing machinery market size is expected to see strong growth in the next few years. It will grow to $54.61 billion in 2030 at a compound annual growth rate (CAGR) of 6.5%. The growth in the forecast period can be attributed to increasing demand for recyclable plastics, growth of electric vehicle component manufacturing, rising adoption of smart manufacturing systems, expansion of construction plastics usage, technological advancements in plastic molding machinery. Major trends in the forecast period include rising adoption of all electric injection molding machines, growing demand for sustainable plastic processing solutions, increasing use of multi component and precision molding, expansion of plastic extrusion for packaging applications, rising adoption of industrial 3d plastic printing.

The rising demand for plastic products is expected to drive the growth of the plastic processing machinery market going forward. Plastic products are items made wholly or partially from synthetic or semi-synthetic polymers, commonly referred to as plastics, which can be molded, extruded, or shaped into various forms for practical or commercial use. This growing demand is largely driven by plastics’ versatility and durability, as they can be easily formed into different shapes, resist wear and corrosion, and serve multiple applications across industries. Plastic processing machinery enables the efficient conversion of raw plastic materials into high-quality products, ensuring consistency, durability, and scalability in production. For example, in November 2024, according to Plastics Engineering, a United States-based publication, Europe’s total plastic production in 2023 reached 54 million tonnes (Mt), with 42.9 million tonnes derived from fossil-based sources. Therefore, the increasing production and demand for plastic products are fueling the growth of the global plastic processing machinery market.

Major companies in the plastic processing machinery market are focusing on developing innovative solutions such as energy-efficient systems to improve productivity and sustainability. Energy-efficient systems are machines or technologies designed to consume less energy while performing the same tasks, reducing electricity use and operational costs. For instance, in October 2024, Milacron Holdings Corp., a US-based plastic processing equipment company, launched its all-electric injection molding machine, the eQ180, to enhance precision and energy efficiency in plastic part production. The eQ180 features servo-driven all-electric motion, enabling faster cycle times and lower energy consumption compared to traditional hydraulic machines. It also incorporates Milacron’s innovative monosandwich technology, allowing the use of recycled plastic in the core while maintaining a high-quality virgin material outer layer for sustainable manufacturing.

In December 2024, ENGEL Group GmbH, an Austria-based injection molding technology company, acquired a stake in Electronica Plastic Machines (EPM) for an undisclosed amount. Through this acquisition, ENGEL aims to strengthen its presence in the Indian market and support local production and innovation under the Make in India initiative. Electronica Plastic Machines Private Limited is an India-based company that provides plastic processing machinery, including injection molding machines and auxiliary equipment.

Major companies operating in the plastic processing machinery market are Husky Injection Molding Systems Ltd., Milacron LLC, Engel Austria GmbH, Haitian International Holdings Limited, Sumitomo Heavy Industries Ltd., Arburg GmbH & Co KG, Toshiba Machine Co Ltd., Nissei Plastic Industrial Co Ltd., Niigata Machine Techno Company Ltd., COSMO MACHINERY Co Ltd., Wilmington Machinery Incorporated, KraussMaffei Corporation, Ningbo Haida Plastic Machinery Co Ltd., Shibaura Machine Co Ltd., JSW Plastics Machinery Inc., Chen Hsong Holdings Limited, Wittmann Battenfeld GmbH, Negri Bossi SpA, Mitsubishi Heavy Industries Plastic Technology Co Ltd., Cosmos Machinery Enterprises Limited, Fu Chun Shin Machinery Manufacture Co Ltd., Woojin Plaimm Co Ltd., Toyo Machinery & Metal Co Ltd., Chen De Plastics Machinery Co Ltd., L.K. Machinery International Limited, Sidel S.A.S., Krones AG.

North America was the largest region in the plastic processing machinery market in 2025.Asia-Pacific is expected to be the fastest-growing region in the global plastic processing machinery market report during the forecast period. The regions covered in the plastic processing machinery market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the plastic processing machinery market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The plastic processing machinery market consists of sales of compression molding machinery, rotational molding machine, co-extrusion machines and thermo-compression molding machines. 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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