Plastic Mould Market Report 2025 (Global Edition)

Global Plastic Mould Market Report 2025 Market Size Split by Type (Compression Moulding Moulds, Extrusion Moulding Moulds, Injection Moulding Moulds, Blow Moulding Moulds, Foam Moulding Moulds, Thermo...

Plastic Mould Market Report Description

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Competitive Landscape of the Plastic Mould Market

The competitive landscape of the Plastic Mould market is characterized by a diverse range of players competing to gain market share through product innovation, strategic partnerships, and aggressive marketing efforts. Key players in the market include established manufacturers, specialized Plastic Mould companies, and emerging start-ups aiming to disrupt the market with innovative solutions.

Top Companies Market Share in Plastic Mould Industry: (In no particular order of Rank)

• MING-LI
• AV Plastics
• Rex Plastics
• Amtek Plastics
• Om enterprise
• HTI Plastics
• Thormac Engineering
• Plastikon
• Kore Industries
• Cypress Industries
• MR Mold & Engineering
• Plastic Molding Technology Inc. (PMT)
• Sino Mould
• First American Plastic Molding
• Confidential Data
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• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Plastic Mould Market

Which Region Dominates the Plastic Mould Market in 2024?

According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue. The market for plastic molds is expanding significantly in North America. The growing need for plastic products in sectors including the automotive, packaging, and healthcare industries is one of the causes driving this expansion. Innovation in plastic mold manufacturing is also being driven by sustainability and technical improvements. As a result, in the global plastic mold market, North America is becoming more and more significant.

Which Region is Expanding at the Fastest CAGR?

Europe stands out as the fastest-growing region in the Plastic Mould market due to several compelling reasons. The European plastic mold market is expanding rapidly. The use of modern manufacturing techniques, the rising need for sustainable and lightweight materials, and the existence of important industries like packaging and automotive are some of the drivers driving the region's expansion. Furthermore, strict laws encouraging environmentally responsible behavior also support the expansion of the plastic mold market in Europe.

The current report Scope analyzes Plastic Mould Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Plastic Mould

According to Cognitive Market Research, the global Plastic Mould market size was estimated at USD 500251.2 Million out of which North America held the major market of more than 40% of the global revenue with a market size of USD 200100.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Plastic Mould market with a market size of USD 157879.28 million in 2024 and is projected to grow at a CAGR of 4.5% during the forecast period. The demand is amplified by the growing middle-class population driving demand for plastic products.
• The Canada Plastic Mould market had a market share of USD 24012.06 million in 2024 and is projected to grow at a CAGR of 5.5% during the forecast period. Canada's world-renowned engineering expertise and precision manufacturing.
• The Mexico Plastic Mould market is projected to witness growth at a CAGR of 5.2% during the forecast period with a market size of USD 18209.14 million in 2024.

Europe Plastic Mould

According to Cognitive Market Research, the global Plastic Mould market size was estimated at USD 500251.2 Million out of which Europe held the market of more than 30% of the global revenue with a market size of USD 150075.36 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.00% from 2024 to 2031.

• The United Kingdom Plastic Mould market had a market share of USD 25212.66 million in 2024 and is projected to grow at a CAGR of 5.8% during the forecast period. In the UK, Plastic Mould sales witness an upswing due to the expanding automotive, electronics, and consumer goods industries.
• The France Plastic Mould market is projected to witness growth at a CAGR of 4.2% during the forecast period with a market size of USD 13806.93 million in 2024.
• According to Cognitive Market Research, the Germany Plastic Mould market size was valued at USD 29714.92 million in 2024 and is projected to grow at a CAGR of 5.2% during the forecast period. In Germany, Plastic Mould sales surge due to the government initiatives supporting domestic manufacturing.
• The Italy Plastic Mould market is projected to witness growth at a CAGR of 4.4% during the forecast period with a market size of USD 12906.48 million in 2024.
• The Russia Plastic Mould market is projected to witness growth at a CAGR of 4.0% during the forecast period with a market size of USD 23261.68 million in 2024.
• The Spain Plastic Mould market is projected to witness growth at a CAGR of 4.1% during the forecast period with a market size of USD 12306.18 million in 2024.
• The Luxembourg Plastic Mould market is projected to witness growth at a CAGR of 5.1% during the forecast period with a market size of USD 4652.34 million in 2024.
• The Portugal Plastic Mould market is projected to witness growth at a CAGR of 4.8% during the forecast period with a market size of USD 3151.58 million in 2024.
• The Greece Plastic Mould market is projected to witness growth at a CAGR of 5.3% during the forecast period with a market size of USD 1800.90 million in 2024.
• Rest of Europe Plastic Mould market is projected to witness growth at a CAGR of 3.7% during the forecast period with a market size of USD 23261.68 million in 2024. 

Asia Pacific Plastic Mould

According to Cognitive Market Research, the global Plastic Mould market size was estimated at USD 500251.2 Million out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 115057.78 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.5% from 2024 to 2031.

• According to Cognitive Market Research, the China Plastic Mould market size was valued at USD 51776.00 million in 2024 and is projected to grow at a CAGR of 8.0% during the forecast period. Plastic Mould sales surge in China due to the massive manufacturing sector and industrialization efforts.
• The Japan Plastic Mould market is projected to witness growth at a CAGR of 7.0% during the forecast period with a market size of USD 15877.97 million in 2024.
• The India Plastic Mould market had a market share of USD 13806.93 million in 2024 and is projected to grow at a CAGR of 10.3% during the forecast period. The demand is augmented by India's increasing adoption of automation and advanced manufacturing technologies.
• The South Korea Plastic Mould market is projected to witness growth at a CAGR of 7.6% during the forecast period with a market size of USD 11505.78 million in 2024.
• The Australia Plastic Mould market is projected to witness growth at a CAGR of 8.2% during the forecast period with a market size of USD 5983.00 million in 2024.
• The South East Asia Plastic Mould market is projected to witness growth at a CAGR of 9.5% during the forecast period with a market size of USD 7938.99 million in 2024.
• The Rest of Asia Pacific Plastic Mould market is projected to witness growth at a CAGR of 8.3% during the forecast period with a market size of USD 8169.10 million in 2024. 

South America Plastic Mould

According to Cognitive Market Research, the global Plastic Mould market size was estimated at USD 500251.2 Million out of which Latin America market of more than 5% of the global revenue with a market size of USD 25012.56 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.9% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Plastic Mould market size was valued at USD 10705.38 million in 2024 and is projected to grow at a CAGR of 6.5% during the forecast period. Plastic Mould sales flourish in Brazil due to the emphasis on sustainable and eco-friendly materials.
• The Argentina Plastic Mould market had a market share of USD 4202.11 million in 2024 and is projected to grow at a CAGR of 6.8% during the forecast period. The demand is augmented by Argentina's robust healthcare sector driving demand for medical device manufacturing. strong focus on innovation and r&d.
• The Colombia Plastic Mould market is projected to witness growth at a CAGR of 5.7% during the forecast period with a market size of USD 2226.12 million in 2024.
• The Peru Plastic Mould market is projected to witness growth at a CAGR of 6.1% during the forecast period with a market size of USD 2051.03 million in 2024.
• The Chile Plastic Mould market is projected to witness growth at a CAGR of 6.2% during the forecast period with a market size of USD 1800.90 million in 2024.
• The Rest of Latin America Plastic Mould market is projected to witness growth at a CAGR of 5.0% during the forecast period with a market size of USD 4027.02 million in 2024. 

Middle East Plastic Mould

According to Cognitive Market Research, the global Plastic Mould market size was estimated at USD 500251.2 Million out of which Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 10005.02 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.2% from 2024 to 2031.

• The GCC Countries Plastic Mould market is projected to witness growth at a CAGR of 7.0% during the forecast period with a market size of USD 4282.15 million in 2024. Plastic Mould sales flourish due to the technological advancements in manufacturing processes.
• The Egypt Plastic Mould market is projected to witness growth at a CAGR of 6.5% during the forecast period with a market size of USD 1050.53 million in 2024.
• The South Africa Plastic Mould market is projected to witness growth at a CAGR of 7.2% during the forecast period with a market size of USD 1580.79 million in 2024. Plastic Mould sales flourish in the South Africa due to the growing demand from automotive and aerospace industries.
• The Turkey Plastic Mould market is projected to witness growth at a CAGR of 5.7% during the forecast period with a market size of USD 860.43 million in 2024.
• The Nigeria Plastic Mould market is projected to witness growth at a CAGR of 5.3% during the forecast period with a market size of USD 1050.53 million in 2024.
• The Rest of MEA Plastic Mould market is projected to witness growth at a CAGR of 5.2% during the forecast period with a market size of USD 1180.59 million in 2024. 

Plastic Mould Market Analysis

Plastic Mould Market Type Segment Analysis

According to Cognitive Market Research, Compression Moulding Moulds Type stands out as the dominating category. The plastic mold market is seeing expansion in the compression moulding molds segment. The growing need for economical and effective production processes in sectors including consumer products, aerospace, and automotive is the reason for this expansion. Compression molding is becoming more and more popular due to its benefits, which include rapid production rates, less material waste, and the capacity to create intricate designs.

Extrusion Moulding Moulds emerges as the fastest-growing category in the Plastic Mould market. The market for plastic molds is expanding due to the use of extrusion molding molds. The increasing need for extruded plastic products in a variety of industries, such as the building, packaging, and automotive sectors, is driving this rise. Benefits of extrusion molding include cost-effectiveness, high production efficiency, and product design diversity. These elements are propelling the use of extrusion molding molds, greatly bolstering the market's overall expansion.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Plastic Mould Industry. Request a Free Sample PDF!

Plastic Mould Market Application Segment Analysis

According to Cognitive Market Research, the dominating category is Automotive. The market for plastic molds is expanding thanks in large part to the automotive industry. The use of plastic in automotive components is being driven by a growing need for lightweight materials to increase fuel economy and lower emissions. Plastic molds facilitate the manufacturing of several car components, including engine parts, exterior panels, and interior trim. The plastic mold market in the automotive sector is expanding as a result of this trend.

The fastest-growing category in the Plastic Mould market is Medical. One major factor fueling the plastic mold market's expansion is the medical industry. The use of plastic molds is being driven by an increase in the need for cutting-edge medical equipment, supplies, and packaging solutions. These molds make it possible to produce exact and personalized medical parts, guaranteeing effectiveness, safety, and high standards in the provision of healthcare. The growing emphasis on technology innovations and healthcare innovation supports the expansion of the medical industry's market.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Plastic Mould Material Segment Analysis

According to Cognitive Market Research, the dominating category is Thermoplastic. The market for plastic molds is expanding thanks in large part to the thermoplastic segment. Thermoplastics are widely used in a variety of industries, including packaging, electronics, automotive, and healthcare, because of their adaptability, durability, and affordability. Because thermoplastics can be precisely molded into intricate patterns, they are perfect for a variety of uses, which is why the market for plastic molds is expanding.

The fastest-growing category in the Plastic Mould market is Thermosetting. The market for plastic molds is expanding, and thermosetting polymers are essential to this expansion. These materials are perfect for demanding applications in the automotive, electrical, and aerospace industries because they have outstanding heat resistance, durability, and dimensional stability. The market is growing as a result of the rising use of thermosetting polymers and related molds due to the growing need for long-lasting, high-performance components.

• Thermoplastic
• Thermosetting

Plastic Mould Technology Segment Analysis

According to Cognitive Market Research, the dominating category is Plastic Mould with CNC Machining. The market for plastic molds is expanding due in large part to CNC machining. Because of its accuracy, effectiveness, and adaptability, it is a favored technique for producing molds utilized in a variety of industries. Advances in CNC technology, such as enhanced automation and multi-axis capabilities, let manufacturers to create high-quality plastic molds at lower prices and shorter lead times. This pattern is driving the market for plastic molds to grow.

The fastest-growing category in the Plastic Mould market is Plastic Mould with 3D Printing. The market for plastic molds is expanding significantly due to the development of 3D printing technology. Because of its adaptability and affordability, 3D printing makes it possible to quickly prototype, customize products, and create complex designs that were previously unachievable using conventional molding techniques. Plastic molds made specifically to meet the demands of additive manufacturing techniques are becoming more and more in demand as a result of this revolutionary development that is transforming production processes across industries.

• CNC Machining
• 3D Printing
• EDM

Plastic Mould Distribution Channel Segment Analysis

According to Cognitive Market Research, the dominating category is Plastic Mould with Direct Sales. The market for plastic molds is growing due to manufacturers choosing to deal directly with customers instead of going via middlemen. This method encourages tighter ties between suppliers and customers while streamlining communication and cutting costs. Direct sales helps producers effectively satisfy the wide range of market demands by offering customized solutions, quick answers to questions, and individualized support. This promotes growth in the plastic mold business.

The fastest-growing category in the Plastic Mould market is Plastic Mould with Distributor. As vital middlemen between producers and consumers, distributors are essential to the expansion of the plastic mold industry. Distributors assist effective market penetration, offer regional support, and guarantee timely delivery of molding solutions by utilizing their vast networks and industry expertise. Distributors facilitate market expansion by providing producers with a broad choice of products and complete services, hence improving accessibility and enabling them to reach varied client segments.

• Direct Sales
• Distributor

Author's Detail

Vinayak Bali

Senior Research Analyst at Cognitive Market Research

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