Plastic Processing Machinery Market Size 2025-2029
The plastic processing machinery market size is valued to increase by USD 3.43 billion, at a CAGR of 3.3% from 2024 to 2029. Increasing adoption of automated machines will drive the plastic processing machinery market.
Major Market Trends & Insights
- APAC dominated the market and accounted for a 55% growth during the forecast period.
- By End-user - Packaging segment was valued at USD 8.09 billion in 2023
- By Product - IMM segment accounted for the largest market revenue share in 2023
Market Size & Forecast
- Market Opportunities: USD 5.05 billion
- Market Future Opportunities: USD 3.43 billion
- CAGR from 2024 to 2029 : 3.3%
Market Summary
What will be the Size of the Plastic Processing Machinery Market during the forecast period?
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How is the Plastic Processing Machinery Market Segmented?
The plastic processing machinery industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
- End-user
- Packaging
- Construction
- Automotive
- Others
- Product
- IMM
- Extrusion machine
- BMM
- Others
- Type
- Automatic
- Semi-automatic
- Geography
- APAC
- China
- Japan
- India
- Europe
- Germany
- UK
- France
- North America
- US
- Canada
- South America
- Brazil
- Argentina
- Middle East and Africa
- Saudi Arabia
- UAE
- Rest of World (ROW)
- APAC
By End-user Insights
The packaging segment is estimated to witness significant growth during the forecast period.
The Packaging segment was valued at USD 8.09 billion in 2023 and showed a gradual increase during the forecast period.
Regional Analysis
APAC is estimated to contribute 55% to the growth of the global market during the forecast period.Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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Market Dynamics
Our researchers analyzed the data with 2024 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
What are the key market drivers leading to the rise in the adoption of Plastic Processing Machinery Industry?
What are the market trends shaping the Plastic Processing Machinery Industry?
What challenges does the Plastic Processing Machinery Industry face during its growth?
Exclusive Technavio Analysis on Customer Landscape
The plastic processing machinery market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the plastic processing machinery market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape of Plastic Processing Machinery Industry
Competitive Landscape
Companies are implementing various strategies, such as strategic alliances, plastic processing machinery market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.
Aoki Technical Research Institute Co. Ltd. -
The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
- Aoki Technical Research Institute Co. Ltd.
- ARBURG GmbH Co. KG
- BEKUM Maschinenfabriken GmbH
- Cannon S.p.A
- Chen Hsong Holdings Ltd.
- ENGEL AUSTRIA GmbH
- Graham Engineering Corp.
- Gurucharan Industries
- Haitian International Holdings Ltd.
- Husky Technologies
- Kautex Maschinenbau System GmbH
- KraussMaffei Group GmbH
- Milacron LLC
- Negri Bossi S.P.A.
- Ningbo Haida Plastic Machinery Co. Ltd.
- NISSEI PLASTIC INDUSTRIAL Co. Ltd.
- Shibaura Machine Co. Ltd.
- Sumitomo Heavy Industries Ltd.
- The Japan Steel Works Ltd.
- Welltec Machinery Ltd.
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Recent Development and News in Plastic processing machinery market
Dive into Technavio’s robust research methodology, blending expert interviews, extensive data synthesis, and validated models for unparalleled Plastic Processing Machinery Market insights. See full methodology.
| Market Scope | |
|---|---|
| Page number | 268 |
| Base year | 2024 |
| Historic period | 2019-2023 |
| Forecast period | 2025-2029 |
| Growth momentum & CAGR | Accelerate at a CAGR of 3.3% |
| Market growth 2025-2029 | USD 3427.8 million |
| Market structure | Fragmented |
| YoY growth 2024-2025(%) | 3.2% |
| Key countries | China, Japan, India, South Korea, Australia, Germany, UK, France, Italy, US, Canada, Brazil, Argentina, Saudi Arabia and UAE |
| Competitive landscape | Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Research Analyst Overview
What are the Key Data Covered in this Plastic Processing Machinery Market Research and Growth Report?
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What is the expected growth of the Plastic Processing Machinery Market between 2025 and 2029?
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USD 3.43 billion, at a CAGR of 3.3%
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What segmentation does the market report cover?
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The report is segmented by End-user (Packaging, Construction, Automotive, and Others), Product (IMM, Extrusion machine, BMM, and Others), Type (Automatic, and Semi-automatic) and Geography (APAC, Europe, North America, South America, Middle East and Africa)
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Which regions are analyzed in the report?
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APAC, Europe, North America, South America and Middle East and Africa
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What are the key growth drivers and market challenges?
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Increasing adoption of automated machines, Increased use of refurbished plastic extrusion machines
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Who are the major players in the Plastic Processing Machinery Market?
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Aoki Technical Research Institute Co. Ltd., ARBURG GmbH Co. KG, BEKUM Maschinenfabriken GmbH, Cannon S.p.A, Chen Hsong Holdings Ltd., ENGEL AUSTRIA GmbH, Graham Engineering Corp., Gurucharan Industries, Haitian International Holdings Ltd., Husky Technologies, Kautex Maschinenbau System GmbH, KraussMaffei Group GmbH, Milacron LLC, Negri Bossi S.P.A., Ningbo Haida Plastic Machinery Co. Ltd., NISSEI PLASTIC INDUSTRIAL Co. Ltd., Shibaura Machine Co. Ltd., Sumitomo Heavy Industries Ltd., The Japan Steel Works Ltd. and Welltec Machinery Ltd.
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Market Research Insights
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