The global plastic processing machinery market is projected to record a CAGR of 4.48% during the forecast period due to the growing demand from food & beverage industry.

Market Research Future has published a cooked research report on the Global Plastic Processing Machinery Market, 2019–2028. The global plastic processing machinery market is projected to exhibit a CAGR of 4.48% during the forecast period of 2021 to 2028.

Market Research Future has recognized the following companies as the key players in the Global plastic processing machinery Market: Haitian International Holdings Limited (China), Hillen Brand Inc. (US), Engel Austria GmBH (Austria), Plantinum Equity, LLC (US), Arburg GmBH + Co KG (Germany), Cosmos Machinery Enterprises Ltd (China), Sumitomo Heavy Industries, Ltd (Japan), Ningbo Haida Plastic Machinery Co., Ltd (China), Graham Engineering Ltd (US) and Davis Standard (US).

Market Highlights

The global plastic processing machinery market is projected to be valued at USD 62.20 billion by 2028, recording a CAGR of 4.48% during the forecast period. Growing demand from food & beverage industry and growing use of plastic in the medical industry are the major factors supporting the growth of the global plastic processing machinery market. The medical industry also holds a huge demand for plastic processing machinery because plastics are used to produce prosthetic tools and artificial limbs. However, stringent regulations for plastic usage may hamper the growth of the market.

Browse In-depth Details [Table of Content, List of Figures, List of Tables] of Plastic Processing Machinery Market Research Report

Plastic Processing Machinery Market Segmental Analysis

The global plastic processing machinery market has been segmented based on product type, end use, plastic-type and region

Based on Product Type, the global plastic processing machinery market has been segmented into the injection molding machine, blow molding machine, compression molding, machine, extrusion molding machine, and Others. The extrusion molding machinery segment accounted for the largest market share of 33.16% in 2020 . Extrusion molding is also known as the plastification extruding process carried out by the machines. These machines are generally used to produce long and continuous products. The constant utilization of these machines in plastic processing has gained popularity which has resulted in the growth of the products

Based on End Use, the global plastic processing machinery market has been segmented into the packaging industry, construction industry automotive industry, and electronic & electrical industry. The packaging industry segment accounted for the largest market share of 40.50% in 2020 Constantly increasing industrialization has resulted in the augmented demand for the packaging industry. Simultaneously the rise in the packaging industry has ultimately gained the demand for more utilization of the plastic processing machinery in the sector. The rising demand in the packaging industry with respect to the growth in the food and other similar industries has grown for the decades

Based on plastic-type, the global plastic processing machinery market has been segmented into polypropylene, polyethylene, polyurethane, polyvinyl chloride, polyethylene terephthalate, and polystyrene. The polyethylene segment accounted for the largest market share of 30.30% in 2020. Polyethylene is one of the most popular plastics in the polyolefin family. Alongside polyvinyl chloride (PVC), or polypropylene (PP) it is generally called a commodity plastic that has been produced in large volumes and is available at an affordable cost. Looking at the various benefits of manufacturing bottles, plastic toys, and bags in this segment.

Plastic Processing Machinery Market

Regional Analysis

On the basis of region, the global plastic processing machinery market has been categorized as North America, Europe, Asia-Pacific, and Rest of the World. As per MRFR analysis, Asia-Pacific accounted for the largest market share of 38.17% in 2020. Rapid growth in the construction and manufacturing in countries such as China, and India is expected to increase the demand for plastic processing machinery in the coming years. Moreover, the region is home to one of the largest manufacturing industries for automotive, electronics, and others, globally. China is one of the leading markets in the Asia-Pacific. The government in China supports and encourages industrial and construction development. This helped the recovery of the commercial housing market in the country. Additionally, Asia-Pacific is one of the most attractive markets for agricultural equipment as there is the availability of agricultural fields, especially in India, China, Vietnam, and Indonesia. The government support, growing standardization efforts, and convergence of technologies, are the major factors driving the growth of the market. Additionally, the country is also witnessing a growth in the automotive industry, which is further projected to drive the market. North America plastic processing machinery market accounted for a significant market share in the global market. North America is one of the leading suppliers in the packaging automation market. The growth in this region is attributed to factors such as the e-commerce culture and the packaged food industry in North America. The region is mature as far as investment in automotive industry is concerned. The US is a major contributor in the regional plastic processing machinery market, owing to the increase in the development of commercial and residential infrastructures in the country, which has led to increased demand for plastic processing machinery. Europe accounted for a noteworthy market share in the global plastic processing machinery market and is expected to grow with the same pace during the forecast period. Italy, UK, and Germany were the key contributors to the growth of the European plastic processing machinery market in 2021. The market in Germany is projected to register the highest growth rate during the forecast period 2022 to 2030. Rest of the world includes regions such as South America, the Middle East and Africa. The construction industry in Brazil has witnessed considerable growth mainly due to the increase in infrastructure spending, which consequently increases the demand for plastic processing machinery. Brazil’s manufacturing industry is the third biggest industry in South America, which has had a positive influence on the growth of the market. Moreover, in the Middle East, the construction industry is growing at a rapid pace, owing to increased private and public investments in the construction of non-residential building and infrastructure projects. Moreover, increased manufacturing activities in the region, is also fueling the growth of the plastic processing machinery marke

Key Findings of the Study:

• The global plastic processing machinery market is projected to register a growth rate of 4.48% from 2021 to 2028.


• The extrusion molding machinery segment accounted for the largest market share of 33.16% in 2020 whereas the rotational molding machinery is projected to exhibit the highest CAGR of 4.48% during the review period


• The packaging industry segment accounted for the largest market share of 40.50% in 2020 whereas the others segment is projected to register the highest CAGR of 4.73% during the review period.


• The polyethylene segment accounted for the largest market share of 30.30% in 2020 whereas the polyurethane segment will exhibit the highest CAGR of 4.56% during the review period.