With the shift of global manufacturing and the development of emerging markets, the market demand for horizontal injection moulding machines continues to grow. Particularly in China, the downstream applications of plastic products are expanding, with industries such as automotive, home appliances, packaging and logistics experiencing increasing demand for efficient, accurate and energy-saving injection moulding equipment. According to the data, the market size of China's injection moulding machine industry grew from RMB21.16 billion in 2016 to RMB26.35 billion in 2022, and the industry market size was approximately RMB27.06 billion in 2023, representing a year-on-year growth of 2.7%. This growth trend augurs well for the horizontal injection moulding machine market.
Technological innovation is the core driving force for the development of horizontal injection moulding machines. The modern manufacturing industry has increasing requirements for the intelligence, automation and precision of equipment, and horizontal injection moulding machines are developing in these directions. For example, through the introduction of artificial intelligence, Internet of Things and big data technology, intelligent control, remote monitoring and fault diagnosis and other functions have been realised, which has significantly improved production efficiency and equipment reliability. Meanwhile, the application of energy-saving and environmental protection technologies, such as the promotion of electric injection moulding machines, further reduces energy consumption and pollution emissions, in line with the global trend of green and low-carbon development. The application fields of horizontal injection moulding machines are constantly broadening, and in addition to the traditional automotive and home appliance industries, they are also showing great potential in the fields of medical care, packaging and construction. For example, in the medical field, horizontal injection moulding machines are used to produce high-precision medical devices and consumables; in the construction field, they are used to manufacture energy-saving and high-efficiency plastic building materials. These emerging applications provide new growth points for the horizontal injection moulding machine market.
As the global manufacturing industry adjusts its layout, horizontal injection moulding machine companies are increasing their overseas market expansion. China's injection moulding machine industry has reached 32% of the global market share, ranking first in the world, showing the competitiveness of Chinese enterprises in the international market. By deepening the development path from export to overseas, Chinese horizontal injection moulding machine enterprises are actively exploring emerging markets such as India, Vietnam and Mexico to further increase their global market share.
