Haitian International Delivered 53,000 Injection Molding Machines in 2024
Haitian International posted record 2024 sales of USD 2.3 billion – a 23.4% increase – delivering more than 53,000 machines globally. In 2025, revenue rose a further 10% to USD 2.57 billion with overseas sales growing 26.4%. New factories in Japan and Serbia began production. In an injection molding machine market heading toward USD 24.78 billion, Haitian is not chasing growth. It is outrunning it.
There is a company in Ningbo, China that makes more injection molding machines than any other organisation on earth.
In 2024, Haitian International Holdings Limited delivered more than 53,000 injection molding machines globally – a 35.5% increase in unit volume over the prior year. Total sales revenue reached USD 2.3 billion, up 23.4%. Net profit reached USD 430 million, up 23.6%. By every commercial metric available, 2024 was the most successful year in Haitian’s history. And then 2025 outgrew it.
In 2025, Haitian reported revenue of approximately USD 2.57 billion – a further 10% increase – with overseas sales growing 26.4% year on year and new manufacturing facilities in Japan and Serbia commencing production to serve regional markets with locally sourced machines.
The Global Injection Molding Machine Market was valued at USD 17.03 billion in 2024 and is projected to reach USD 24.78 billion by 2032, growing at a CAGR of 4.5%, per Maximize Market Research. Haitian’s commercial momentum – consecutive record years across both revenue and volume – reflects a company that has built structural advantages in cost, technology, and global distribution that are proving extraordinarily difficult for established rivals to neutralise.
The 2024 Record: Scale, Technology, and Global Reach Working Together
Haitian’s 2024 record performance was not the result of a single market or product segment. It reflected simultaneous strength across geographies and product lines:
- Domestic China growth: sales rose 27.7% year on year, driven by strong demand from consumer goods and home appliances in the first half of 2024, followed by recovery in the automotive sector – particularly new energy vehicle production – in the second half
- International growth: overseas sales increased 16.8% to USD 830 million, with particularly strong performance in Southeast Asia, North America, and South America, where Haitian’s early investments in regional production and service networks paid commercial dividends
- Mars servo-hydraulic series: strong demand driven by consumer goods, home appliances, and electronics manufacturing customers seeking high-performance machines at competitive cost positions
- Zhafir electric series: growing demand from precision and medical applications, with the Zhafir Zeres medical edition specifically designed for cleanroom and pharmaceutical moulding requirements launched at K 2025
- Jupiter two-platen series: continued strong performance for large-scale automotive and industrial component moulding, supported by ongoing expansion of new energy vehicle production programs
MMR Insight: Haitian’s 35.5% unit volume growth in 2024 significantly outpaced the underlying market growth rate of the global injection molding machine industry. This is not coincidence. It is the product of a deliberate strategy of expanding regional service infrastructure, investing in localised production, and maintaining the price-performance ratio that makes Haitian machines the default choice for cost-sensitive manufacturing expansion across Asia-Pacific and emerging markets.
2025 and Beyond: New Factories, New Markets, Continued Momentum
Haitian’s 2025 performance – 10% revenue growth to USD 2.57 billion with overseas sales up 26.4% – was achieved against what the company described as geopolitical uncertainty and rising trade protectionism. That context makes the result more significant, not less.
Two new international manufacturing facilities began production in 2025:
- Japan: a new factory targeting the precision and medical device moulding segments where Japan is a global technology leader, giving Haitian locally manufactured machines that meet the regulatory and supply chain expectations of Japanese industrial customers
- Serbia: a European production facility that positions Haitian for EU market growth, improves supply chain resilience against trade policy disruptions, and enables regional service support that shortens response times for European customers
At K 2025 in Dusseldorf – the world’s largest plastics and rubber trade fair – Haitian presented smart manufacturing, automotive visible parts production, the Zhafir Zeres medical machine, and its Go Factory MES system for production monitoring and digital manufacturing integration.
Final Take
The injection molding machine market is not a monolithic growth story. It is a series of regional and application-specific competitions, each with distinct cost, technology, and service requirements.
Haitian has built the manufacturing scale to win on cost, the technology breadth to compete across hydraulic, servo-hydraulic, and all-electric platforms, and the regional production footprint to serve every major market with locally sourced machines and locally staffed service teams.
Consecutive record years. 53,000 machines in 2024. USD 2.57 billion in 2025. New factories on three continents. In a market heading toward USD 24.78 billion by 2032, Haitian has built the infrastructure of the industry’s dominant company.
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