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Industrial Mold Market by Type (Metalware, Glass, Ceramic, Plastic/fiberware) by Application (Household, Commercial) by Sales Channel (Offline, Online)- Growth, Future Prospects And Competitive Analysis, 2016 – 2028

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Market Insights

The industrial mold industry is involved in selling molds to manufacture goods made of metal, rubber, glass, and plastic. The increased demand for molded products will expand the growth of the industrial mold market. Another vital factor that will contribute to market growth is process flexibility. Since molding is a highly flexible manufacturing process, it finds applications in medical, packaging, automotive, and several other industries. Mold manufacturing is significant for the food and beverage industry, which needs to make packaging and processing materials for edible goods like bottles and containers.

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The Global Industrial Mold market is expected to witness a CAGR of 4.25% during the forecast period. The revenue generated by the global Industrial Mold market in 2021 was over USD 83,862 million and is expected to generate revenue worth USD 113,024 million in 2028. Therefore, the incremental growth opportunity offered by the global Industrial Mold is estimated to be USD 702 billion between 2022 and 2028.

Interesting Facts about Industrial Mold Industry

  • China dominates the production as well as consumption of industrial mold
  • Automotive is the single largest market for industrial mold
  • Metal & Alloy is the most preferred material for the manufacturing of industrial mold
  • The Industrial Mold market is likely to present a growth opportunity of over USD 700 billion between 2022 and 2028
  • The Industrial Mold market is highly fragmented with the presence of a large number of players
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Huge Installed Capacity and Technological Advancement

Other important drivers for the industrial mold manufacturing market include the high production capacity and lower labor costs. In addition, rapid technological advances in molding technology will fuel the growth of the industrial mold manufacturing market. Due to technological advances and improved design, molding machines can make products of all shapes and sizes. Hence, it is easier to manufacture goods according to end-user requirements.

Also, molding equipment development can significantly improve productivity while keeping maintenance costs low. This reduces waste and the required lead time, which present further opportunities for industrial mold manufacturing growth.

There are other opportunities for the growth of the market. This includes the development of reliable and energy-efficient equipment that can assist with various kinds of molding processes.

Market Greatly Affected Due to COVID 19

However, there are also restraining factors like high tooling and equipment costs. Due to covid-19, the industrial mold manufacturing industry has been hit hard. The outbreak closed production activities in many sectors and thus reduced the demand for industrial mold manufacturing, consequently adversely affected. These factors will continue to slow down the market throughout 2021.

Industrial mold manufacturing heavily relies on the logistics of materials, components, and raw materials from across the globe. Since exports have fallen in the wake of covid-19, this has adversely affected the industrial mold manufacturing market.

Metal Molding to Drive Demand

Metal & Alloy, Rubber, Plastic, Glass, and Others are significant types of industrial mold market. Metal molds are widely preferred in industrial applications. Molding is a manufacturing process where a liquid raw material is shaped by pouring it into a fixed frame called a mold and allowing it to cool. The mold is a cavity made of metal into which molten glass, ceramic, metal, or plastic may be poured. The mold is made using a template made out of the end object. The prime objective of a mold is to generate identical copies of the same product.

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Automotive Application to Lead the Demand

Automotive, Packaging, Medical, and Manufacturing are major industrial applications of mold. The automotive industry dominates with the vast majority of the revenue generation share in 2021. The final shape is formed as the liquid cools and solidifies inside the mold. The removal of the end product is achieved using ejection pins or some other release agent. Objects all around us are often made with the help of molding. There are several molding processes such as insert molding, over molding, liquid silicone rubber molding, and plastic injection molding. In addition, customized parts may be made using plastic injection molding. Injection molding is a typical manufacturing process. As the name suggests, the material is injected into the mold to make the final part. TRUMPF GmbH + Co. KG, Amada Machine Tools Co. Ltd., Dalian Machine Tool Group Corporation, DMG Mori AG, and U.S. Industrial Machinery are leading global industrial mold market.

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Segmentation

2. Executive Summary
2.1. Market Snapshot: Global Industrial Mold Market

3. Market Dynamics & Factors Analysis
3.1. Introduction
3.1.1. Global Industrial Mold Market Value, 2016-2028, (US$ Bn)
3.2. Market Dynamics
3.2.1. Key Growth Trends
3.2.2. Major Industry Challenges
3.2.3. Key Growth Pockets
3.3. Attractive Investment Proposition,2021
3.3.1. Type
3.3.2. Application
3.3.3. Geography
3.4. Porter’s Five Forces Analysis
3.4.1. Threat of New Entrants
3.4.2. Bargaining Power of Buyers/Consumers
3.4.3. Bargaining Power of Suppliers
3.4.4. Threat of Substitute Types
3.4.5. Intensity of Competitive Rivalry
3.5. Value Chain Analysis

4. Market Positioning of Key Players, 2021
4.1. Company market share of key players, 2021
4.2. Top 6 Players
4.3. Top 3 Players
4.4. Major Strategies Adopted by Key Players

5. COVID 19 Impact Analysis
5.1. Global Industrial Mold Market Pre Vs Post COVID 19, 2019 – 2028
5.2. Impact on Import & Export
5.3. Impact on Demand & Supply

6. North America
6.1. North America Industrial Mold Market, by Country, 2016-2028(US$ Bn)
6.1.1. U.S.
6.1.2. Canada
6.1.3. Mexico
6.2. North America Industrial Mold Market, by Type, 2016-2028(US$ Bn)
6.2.1. Overview
6.2.2. Metal & Alloy
6.2.3. Rubber
6.2.4. Plastic
6.2.5. Glass
6.2.6. Others
6.3. North America Industrial Mold Market, by Application, 2016-2028(US$ Bn)
6.3.1. Overview
6.3.2. Automotive
6.3.3. Packaging
6.3.4. Medical
6.3.5. Manufacturing

7. Europe
7.1. Europe Industrial Mold Market, by Country, 2016-2028(US$ Bn)
7.1.1. UK
7.1.2. France
7.1.3. Germany
7.1.4. Italy
7.1.5. Russia
7.1.6. Spain
7.1.7. Belgium
7.1.8. Netherland
7.1.9. Austria
7.1.10. Sweden
7.1.11. Poland
7.1.12. Denmark
7.1.13. Switzerland
7.1.14. Rest of Europe
7.2. Europe Industrial Mold Market, by Type, 2016-2028(US$ Bn)
7.2.1. Overview
7.2.2. Metal & Alloy
7.2.3. Rubber
7.2.4. Plastic
7.2.5. Glass
7.2.6. Others
7.3. Europe Industrial Mold Market, by Application, 2016-2028(US$ Bn)
7.3.1. Overview
7.3.2. Automotive
7.3.3. Packaging
7.3.4. Medical
7.3.5. Manufacturing

8. Asia Pacific
8.1. Asia Pacific Industrial Mold Market, by Country, 2016-2028(US$ Bn)
8.1.1. China
8.1.2. Japan
8.1.3. South Korea
8.1.4. India
8.1.5. Australia
8.1.6. New Zealand
8.1.7. Taiwan
8.1.8. Southeast Asia
8.1.9. Central Asia
8.1.10. Rest of Asia Pacific
8.2. Asia Pacific Industrial Mold Market, by Type, 2016-2028(US$ Bn)
8.2.1. Overview
8.2.2. Metal & Alloy
8.2.3. Rubber
8.2.4. Plastic
8.2.5. Glass
8.2.6. Others
8.3. Asia Pacific Industrial Mold Market, by Application, 2016-2028(US$ Bn)
8.3.1. Overview
8.3.2. Automotive
8.3.3. Packaging
8.3.4. Medical
8.3.5. Manufacturing

9. Latin America
9.1. Latin America Industrial Mold Market, by Country, 2016-2028(US$ Bn)
9.1.1. Brazil
9.1.2. Argentina
9.1.3. Peru
9.1.4. Chile
9.1.5. Colombia
9.1.6. Rest of Latin America
9.2. Latin America Industrial Mold Market, by Type, 2016-2028(US$ Bn)
9.2.1. Overview
9.2.2. Metal & Alloy
9.2.3. Rubber
9.2.4. Plastic
9.2.5. Glass
9.2.6. Others
9.3. Latin America Industrial Mold Market, by Application, 2016-2028(US$ Bn)
9.3.1. Overview
9.3.2. Automotive
9.3.3. Packaging
9.3.4. Medical
9.3.5. Manufacturing

10. Middle East
10.1. Middle East Industrial Mold Market, by Country, 2016-2028(US$ Bn)
10.1.1. UAE
10.1.2. KSA
10.1.3. Israel
10.1.4. Turkey
10.1.5. Iran
10.1.6. Rest of Middle East
10.2. Middle East Industrial Mold Market, by Type, 2016-2028(US$ Bn)
10.2.1. Overview
10.2.2. Metal & Alloy
10.2.3. Rubber
10.2.4. Plastic
10.2.5. Glass
10.2.6. Others
10.3. Middle East Industrial Mold Market, by Application, 2016-2028(US$ Bn)
10.3.1. Overview
10.3.2. Automotive
10.3.3. Packaging
10.3.4. Medical
10.3.5. Manufacturing

11. Africa
11.1. Africa Industrial Mold Market, by Country, 2016-2028(US$ Bn)
11.1.1. South Africa
11.1.2. Egypt
11.1.3. Nigeria
11.1.4. Rest of Africa
11.2. Africa Industrial Mold Market, by Type, 2016-2028(US$ Bn)
11.2.1. Overview
11.2.2. Metal & Alloy
11.2.3. Rubber
11.2.4. Plastic
11.2.5. Glass
11.2.6. Others
11.3. Africa Industrial Mold Market, by Application, 2016-2028(US$ Bn)
11.3.1. Overview
11.3.2. Automotive
11.3.3. Packaging
11.3.4. Medical
11.3.5. Manufacturing

12. Global
12.1. Global Industrial Mold Market, by Type, 2016-2028(US$ Bn)
12.1.1. Overview
12.1.2. Metal & Alloy
12.1.3. Rubber
12.1.4. Plastic
12.1.5. Glass
12.1.6. Others
12.2. lobal Industrial Mold Market, by Application, 2016-2028(US$ Bn)
12.2.1. Overview
12.2.2. Automotive
12.2.3. Packaging
12.2.4. Medical
12.2.5. Manufacturing

13. Company Profiles
13.1. TRUMPF GmbH + Co. KG
13.2. Amada Machine Tools Co. Ltd.
13.3. Dalian Machine Tool Group Corporation
13.4. DMG Mori AG
13.5. U.S. Industrial Machinery
13.6. Others

List of Figures

FIG. 1 Global Industrial Mold Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global Industrial Mold Market Segmentation
FIG. 4 Global Industrial Mold Market, by Type, 2019 (US$ Bn)
FIG. 5 Global Industrial Mold Market, by Application, 2021 (US$ Bn)
FIG. 6 Global Industrial Mold Market, by Geography, 2021 (US$ Bn)
FIG. 7 Attractive Investment Proposition, by Geography, 2021
FIG. 8 Global Market Positioning of Key Industrial Mold Market Manufacturers, 2019
FIG. 9 Global Industrial Mold Market Value Contribution, By Type, 2021 & 2028 (Value %)
FIG. 10 Global Industrial Mold Market, by Metal & Alloy, Value, 2016-2028 (US$ Bn)
FIG. 11 Global Industrial Mold Market, by Rubber, Value, 2016-2028 (US$ Bn)
FIG. 12 Global Industrial Mold Market, by Plastic, Value, 2016-2028 (US$ Bn)
FIG. 13 Global Industrial Mold Market, by Glass, Value, 2016-2028 (US$ Bn)
FIG. 14 Global Industrial Mold Market Value Contribution, By Application, 2021 & 2028 (Value %)
FIG. 15 Global Industrial Mold Market, by Automotive, Value, 2016-2028 (US$ Bn)
FIG. 16 Global Industrial Mold Market, by Pakcaging, Value, 2016-2028 (US$ Bn)
FIG. 17 Global Industrial Mold Market, by Medical, Value, 2016-2028 (US$ Bn)
FIG. 18 Global Industrial Mold Market, by Manufacturing, Value, 2016-2028 (US$ Bn)
FIG. 19 U.S. Industrial Mold Market, 2016-2028 (US$ Bn)
FIG. 20 Rest of North America Industrial Mold Market, 2016-2028 (US$ Bn)
FIG. 21 U.K. Industrial Mold Market, 2016-2028 (US$ Bn)
FIG. 22 Germany Industrial Mold Market, 2016-2028 (US$ Bn)
FIG. 23 France Industrial Mold Market, 2016-2028 (US$ Bn)
FIG. 24 Italy Industrial Mold Market, 2016-2028 (US$ Bn)
FIG. 25 Spain Industrial Mold Market, 2016-2028 (US$ Bn)
FIG. 26 Russia Industrial Mold Market, 2016-2028 (US$ Bn)
FIG. 27 BENELUX Industrial Mold Market, 2016-2028 (US$ Bn)
FIG. 28 Poland Industrial Mold Market, 2016-2028 (US$ Bn)
FIG. 29 Austria Industrial Mold Market, 2016-2028 (US$ Bn)
FIG. 30 Rest of Europe Industrial Mold Market, 2016-2028 (US$ Bn)
FIG. 31 Japan Industrial Mold Market, 2016-2028 (US$ Bn)
FIG. 32 China Industrial Mold Market, 2016-2028 (US$ Bn)
FIG. 33 India Industrial Mold Market, 2016-2028 (US$ Bn)
FIG. 34 South Korea Industrial Mold Market, 2016-2028 (US$ Bn)
FIG. 35 Australia Industrial Mold Market, 2016-2028 (US$ Bn)
FIG. 36 Southeast Asia Industrial Mold Market, 2016-2028 (US$ Bn)
FIG. 37 Rest of Asia Pacific Industrial Mold Market, 2016-2028 (US$ Bn)
FIG. 38 Middle East & Africa Industrial Mold Market, 2016-2028 (US$ Bn)
FIG. 39 South Africa Industrial Mold Market, 2016-2028 (US$ Bn)
FIG. 40 Nigeria Industrial Mold Market, 2016-2028 (US$ Bn)
FIG. 41 Egypt Industrial Mold Market, 2016-2028 (US$ Bn)
FIG. 42 GCC Industrial Mold Market, 2016-2028 (US$ Bn)
FIG. 43 Israel Industrial Mold Market, 2016-2028 (US$ Bn)
FIG. 44 Latin America Industrial Mold Market, 2016-2028 (US$ Bn)
FIG. 45 Mechanicalzil Industrial Mold Market, 2016-2028 (US$ Bn)
FIG. 46 Argentina Industrial Mold Market, 2016-2028 (US$ Bn)
FIG. 47 Colombia Industrial Mold Market, 2016-2028 (US$ Bn)
FIG. 48 Peru Industrial Mold Market, 2016-2028 (US$ Bn)
FIG. 49 Chile Industrial Mold Market, 2016-2028 (US$ Bn)

List of Tables

TABLE 1 Market Snapshot: Global Beauty Devices (Industrial Mold) Market
TABLE 2 Global Industrial Mold Market, by Type, 2016-2028 (US$ Bn)
TABLE 3 Global Industrial Mold Market, by Application, 2016-2028 (US$ Bn)
TABLE 4 Global Industrial Mold Market, by Geography, 2016-2028 (US$ Bn)
TABLE 5 North America Industrial Mold Market, by Type, 2016-2028 (US$ Bn)
TABLE 6 North America Industrial Mold Market, by Application, 2016-2028 (US$ Bn)
TABLE 7 North America Industrial Mold Market, by Country, 2016-2028 (US$ Bn)
TABLE 8 Europe Industrial Mold Market, by Type, 2016-2028 (US$ Bn)
TABLE 9 Europe Industrial Mold Market, by Application, 2016-2028 (US$ Bn)
TABLE 10 Europe Industrial Mold Market, by Country/Region, 2016-2028 (US$ Bn)
TABLE 11 Asia Pacific Industrial Mold Market, by Type, 2016-2028 (US$ Bn)
TABLE 12 Asia Pacific Industrial Mold Market, by Application, 2016-2028 (US$ Bn)
TABLE 13 Asia Pacific Industrial Mold Market, by Country/Region, 2016-2028 (US$ Bn)
TABLE 14 Latin America Industrial Mold Market, by Type, 2016-2028 (US$ Bn)
TABLE 15 Latin America Industrial Mold Market, by Application, 2016-2028 (US$ Bn)
TABLE 16 Latin America Industrial Mold Market, by Country/Region, 2016-2028 (US$ Bn)
TABLE 17 Middle East Industrial Mold Market, by Type, 2016-2028 (US$ Bn)
TABLE 18 Middle East Industrial Mold Market, by Application, 2016-2028 (US$ Bn)
TABLE 19 Middle East Industrial Mold Market, by Country/Region, 2016-2028 (US$ Bn)
TABLE 20 Africa Industrial Mold Market, by Type, 2016-2028 (US$ Bn)
TABLE 21 Africa Industrial Mold Market, by Application, 2016-2028 (US$ Bn)
TABLE 22 Africa Industrial Mold Market, by Country/Region, 2016-2028 (US$ Bn)

Frequently Asked Questions

How COVID 19 Impacted Industrial Mold Market?

Likewise other industries, COVID 19 also taken a toll on Industrial Mold market with around 14.55% decline in its revenue in 2020 as compare to 2019

Which is the leading regional market for Industrial Mold?

Asia Pacific is the largest regional market with highest share in the total volume of Industrial Mold consumed in 2021

What is the major growth driving factors for global Industrial Mold market?

Strong growth of automotive segment in turn driving demand for industrial molds

Which is major segment in Industrial Mold market by Type?

Metal & Alloy segment dominated the Industrial Mold market in 2021 with over 40% share

Which is major segment in Industrial Mold market by application?

Automotive segment was the largest application of Industrial Mold in 2021 with over 35% share

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