South Korea Injection Molded Plastics Market Size, Share, and COVID-19 Impact Analysis, By Row Material (Polypropylene (PP), Acrylonitrile Butadiene Styrene (ABS), High-Density Polyethylene (HDPE), Polystyrene (PS), and Others), By Application (Packaging, Consumables and Electronics, Automotive and Transportation, Building and Construction, Medical, and Others), and South Korea Injection Molded Plastics Market Insights, Industry Trend, Forecasts to 2035

South Korea Injection Molded Plastics Market Insights Forecasts to 2035

• The South Korea Injection Molded Plastics Market Size was Estimated at USD 5.9 Billion in 2024
• The Market Size is Expected to Grow at a CAGR of around 3.81% from 2025 to 2035
• The South Korea Injection Molded Plastics Market Size is Expected to Reach USD 8.9 Billion by 2035

According to a research report published by Spherical Insights and Consulting, The South Korea Injection Molded Plastics Market Size is anticipated to reach USD 8.9 Billion by 2035, growing at a CAGR of 3.81% from 2025 to 2035. The market is growing mainly due to the introduction of advanced technologies for the production of plastic products and the rising use of sports equipment.

Market Overview

The industry that produces plastic components using the injection molding process is known as the South Korea injection molded plastics market. In order to create a variety of products used in a variety of industries, this process involves melting plastic polymers and injecting the molten material into a mold. Additionally, the South Korean government encourages a transition to sustainable manufacturing by offering incentives to businesses that invest in environmentally friendly technologies. Furthermore, the injection-molded plastics market in South Korea has grown to be a major force in the country's manufacturing sector, demonstrating the thermoplastics' adaptability across a range of industries. Because they are lightweight and reasonably priced, injection-molded plastics are increasingly being used to produce a variety of consumer goods. These materials are perfect for use in the automotive, electronics, and packaging industries because of their versatility, which also makes it possible to create intricate designs and long-lasting products. Moreover, the use of injection-molded plastics in the manufacturing of parts renowned for their strength, longevity, and affordability is advantageous to the automotive industry in particular. In the consumer goods industry, the South Korean injection-molded plastics market is essential to the production of commonplace items like electronic devices, household appliances, and containers.

Report Coverage

This research report categorizes the market for the South Korea injection molded plastics market based on various segments and regions and forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the South Korea injection molded plastics market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the South Korea injection molded plastics market.

Driving Factors

These materials are widely used in the healthcare sector to produce packaging and medical devices, which is another important factor driving growth. The increasing focus on affordable, long-lasting, and lightweight materials fits in with South Korea's economic and environmental goals, which benefits the local market. The country's market for injection-molded plastics is expected to grow further as businesses realize how these materials can improve product quality, lower production costs, and effectively and sustainably meet the needs of a wide range of applications.

Restraining Factors

The price of crude oil has a direct impact on the cost of plastic resins. The profitability of injection molding operations may be impacted by erratic increases in resin costs brought on by changes in oil prices. For manufacturers who depend on steady material prices, this volatility presents a serious problem.

Market Segmentation

The South Korea Injection Molded Plastics Market share is classified into raw material and application.

• The polypropylene (PP) segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea injection molded plastics market is segmented by raw material into polypropylene (PP), acrylonitrile butadiene styrene (ABS), high-density polyethylene (HDPE), polystyrene (PS), and others. Among these, the polypropylene (PP) segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. This is due to its extensive use in consumer goods, automotive, and packaging, as well as its affordability and versatility. The material's dominance in the market is a result of its durability and lightweight nature, which make it a preferred choice across industries.

• The packaging segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The South Korea injection molded plastics market is segmented by application into packaging, consumables and electronics, automotive and transportation, building and construction, medical, and others. Among these, the packaging segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. The segmental growth contributed to their widespread application in the consumer goods, food, and beverage industries. Developments in recyclable and biodegradable plastics are helping to meet the growing demand for packaging solutions that are affordable, strong, and lightweight.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the South Korea injection molded plastics market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• LS Mtron
• eMoldino
• NEST-FILLER PKG
• Prime Medical Inc.
• 3DMAKERS
• Daewon
• Others

Recent Developments:

• In February 2023, CJ Biomaterials, based in Woburn, MA, made significant progress in commercializing its environmentally friendly amorphous polyhydroxyalkanoate (aPHA) technology. The company launched its first cosmetics jar made from aPHA in Asia, designed for Clean It Zero Ceramide Cleansing Balm. This milestone marked CJ Biomaterials' entry into the injection molding market, establishing a new application for its innovative PHA technolog

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at South Korea, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the South Korea Injection Molded Plastics Market based on the below-mentioned segments:

South Korea Injection Molded Plastics Market, By Raw Material

• Polypropylene (PP)
• Acrylonitrile Butadiene Styrene (ABS)
• High-Density Polyethylene (HDPE)
• Polystyrene (PS)
• Others

South Korea Injection Molded Plastics Market, By Application

• Packaging
• Consumables and Electronics
• Automotive and Transportation
• Building and Construction
• Medical
• Others