Plastic Processing Machinery Market Report 2025

The plastic processing machinery market size has grown strongly in recent years. It will grow from $38.71 billion in 2024 to $40.88 billion in 2025 at a compound annual growth rate (CAGR) of 5.6%. The growth in the historic period can be attributed to increased demand for plastic products, globalization and supply chain integration, regulatory standards and compliance, cost efficiency and productivity, environmental concerns.

The plastic processing machinery market size is expected to see strong growth in the next few years. It will grow to $52.51 billion in 2029 at a compound annual growth rate (CAGR) of 6.5%. The growth in the forecast period can be attributed to industry 40 integration, growing emphasis on circular economy, customization and flexibility, rising investments in research and development, e-commerce and packaging trends, shift towards bioplastics. Major trends in the forecast period include technological advancements, sustainable practices, global supply chain disruptions, circular economy initiatives, customization and flexibility.

The increasing demand for plastic products is expected to drive the growth of the plastic processing machinery market in the future. Plastic products are finished items made from various organic compounds resulting from the polymerization of plastic materials. Plastic processing machinery is utilized to manufacture a wide range of plastic products, including medical equipment, housewares, plastic containers, automotive parts, packaging materials, and consumer goods. For example, in 2023, Plastics Europe, a Belgium-based European trade association, reported that global plastics production rose from 394 million tons in 2021 to 400.3 million tons in 2022. Thus, the growing demand for plastic products is fueling the growth of the plastic processing machinery market.

The expansion of the construction sector is expected to drive the growth of the plastic processing machinery market in the future. The construction sector encompasses the planning, design, construction, renovation, and maintenance of buildings, infrastructure, and industrial facilities. In this sector, plastic processing machinery produces various components such as plastic pipes, sheets, and panels used in construction and infrastructure projects. For instance, in November 2023, the Office for National Statistics, the UK-based executive office of the Statistics Authority, reported that total new construction work increased by $19.78 billion in 2022, with both private and public new work growing by 16.8% and 13.1%, respectively, compared to 2021. Therefore, the expansion of the construction sector is driving the growth of the plastic processing machinery market.

Technological advancements constitute a prominent trend reshaping the plastic processing machinery landscape. Market players are keenly embracing innovative technologies to fortify their market presence. Notably, LS Mtron introduced a smart AI-based injection molding system in August 2022, featuring an AI molding assistant and smart weight control. These technical innovations significantly reduce the stabilization time during initial molding steps and enable real-time weight detection, respectively, enhancing efficiency within the plastic processing machinery domain.

Leading companies within the plastic processing machinery market are actively pursuing innovative technologies such as PET injection molding to gain a competitive edge. PET injection molding, specifically targeting Polyethylene Terephthalate resin, facilitates the production of various plastic products, primarily preforms and containers. For instance, Husky Injection Molding Systems launched the HyPET HPP5e Recycled Melt to Preform (RMTP) system in May 2022. This revolutionary PET injection molding technology supports sustainable packaging by directly converting washed flake to preform, bypassing traditional rPET pellet production. The system achieves a substantial 30% energy saving and integrates Husky's Advantage+EliteTM real-time monitoring solution, ensuring proactive, predictive, and transparent analytics. This system significantly contributes to the circular economy by streamlining processes and reducing variability risks associated with post-consumer resin usage.

In February 2022, Comar, LLC, a US-based manufacturer of innovative plastic solutions acquired Automatic Plastics Ltd., for an undisclosed amount. With this acquisition, Comar expanded its geographical footprint by strengthen its pharmaceutical and medical device packaging expertise. Automatic Plastics Ltd. is an Ireland-based company specializing in plastic injection molding machines.

Major companies operating in the plastic processing machinery market include 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, Hi-Rel Plastics & Molding Inc., Molded Devices Inc., Valencia Plastics Inc., Maryland Plastics Inc., Accent Plastics Inc., Accudyn Products Inc., Accurate Molded Plastics Inc., Acorn-Gencon Plastics Inc., Adkev Inc., Advanced Engineering & Molding Technology Inc., Advanced Special Tools Inc., Agape Plastics Inc., Aline Components Inc., All Form Silicone & Plastic Molding Inc., All-Plastics LLC, All-State Plastics Inc., Alliance Precision Plastics Inc.

North America was the largest region in the plastic processing machinery market in 2024. 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, 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, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Plastic processing machinery encompasses a range of equipment utilized in the manufacturing and refinement of plastic products. These machines play a vital role in converting raw plastic materials into finished goods applicable across diverse industries.

The primary categories of plastic processing machinery include injection molding machinery, blow molding machinery, extrusion machinery, thermoforming machinery, 3D plastic printers, among others. Injection molding machinery specifically handles the production of plastic parts by melting plastic pellets or granules and injecting them into a mold under high pressure. This process caters to a wide array of products such as syringes, remote control casings, and various everyday plastic items. Various types of plastics, including polypropylene (PP), polyethylene (PE), polyurethane (PUR), polyvinyl chloride (PVC), polyethylene terephthalate (PET), and polystyrene (PS), are employed in this machinery. The major industries benefiting from these machines include packaging, consumer products, construction, automotive, and other diverse sectors.

The plastic processing machinery market research report is one of a series of new reports that provides plastic processing machinery market statistics, including plastic processing machinery industry global market size, regional shares, competitors with a plastic processing machinery market share, detailed plastic processing machinery market segments, market trends and opportunities, and any further data you may need to thrive in the plastic processing machinery industry. This plastic processing machinery market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

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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