🔥 Hot Runners for Packaging Market to Hit USD 911.2 Million by 2028
The global hot runners for packaging market was valued at USD 638.0 million in 2020 and is projected to reach USD 911.2 million by 2028, growing at a CAGR of 4.6% during the forecast period (2021–2028). The market showed resilience amid the COVID-19 pandemic, with a 3.4% growth in 2020, driven by increased demand for essential packaging solutions in healthcare, food, and hygiene sectors.
Asia Pacific led the global market in 2020 with a 37.93% share, supported by rapid industrialization, rising demand for packaged goods, and investments in injection molding technology.
Buckets, Trays, Cups, Bottles, Coffee Pods & Capsules, Others
Medical, Health & Skincare
Hot runner systems, consisting of heated manifolds and nozzles, ensure consistent flow of molten plastic into molds, optimizing productivity and material efficiency in packaging production. Their usage spans across diverse sectors, especially high-volume packaging in food, beverage, and medical industries.
Inglass S.p.A. (OC Oerlikon) – Italy
Husky Injection Molding Systems Ltd. – Canada
Mastip Technology Ltd. – New Zealand
YUDO Hot Runner Systems Co., Ltd. – Korea
EWIKON Heißkanalsysteme GmbH – Germany
Hot Techs Hot Runner Technologies – India
(and more...)
🚀 Recent Industry Developments:
✅ Husky launched the UltraShot Injection System, offering enhanced design freedom and resin integrity preservation by using low-pressure melt delivery.
✅ Thermoplay S.p.A. (Barnes Group) unveiled a new thermal side-gating nozzle, enabling direct side injection for compact linear and radial mold layouts.
📦 Expanding global demand for convenient and hygienic packaging
🏭 Rise in automation and efficiency in molding operations
🧴 Growing need for high-precision, multi-cavity molds in F&B and pharma
🌿 Focus on waste reduction and energy efficiency in manufacturing
🔗 Access Full Report:
👉 https://www.fortunebusinessinsights.com/hot-runners-for-packaging-market-106288