Home
Search History
Clear History
{{item.search_key}}
Hot Searches
Change
{{item.name}}
{{item.english_name}}
Subscribe eNews
Once A Week Once Every Two Weeks
{{sum}}
{{sum}}
Login

Please Login

Subscribe To Tags, See What You Want To See

Sign Up For Events, Expand your network

Unlock Private Messages, Participate In Interactions

 Register

Hi.{{userInfo.company_name_english||userInfo.truename_english}} Hi.{{userInfo.truename||userInfo.phone||userInfo.email}}

Applications

APAC circular economy forum: International and supply chain perspectives

Indonesia ready to launch national car project

New partnership on surface treatment for lithium battery copper foil

Products

K 2025 Insights: Material innovations highlight sustainability and high performance

LyondellBasell unveils new PP impact copolymer

Henkel and Dow partner to reduce emissions across adhesive portfolio

Activities

  • swop 2025 celebrates 10th anniversary with whole packaging value chain

  • Pole Position: Over 175,000 visitors attend K 2025

  • K 2025 Live: Set to open tomorrow following press conference highlights

Pictorial

Industry Topic

ASEAN: The Next Manufacturing Hub

Innovative and Sustainable Packaging

Green Plastics: News & Insights

CHINAPLAS

CHINAPLAS 2025 Focus

CHINAPLAS 2024 Focus

CHINAPLAS 2023 Focus

Exhibition Topic

K 2025 FOCUS

CHINA INSIGHT

Fakuma 2024 Highlights

News Videos

K 2025 Live: ASEAN association interviews

K 2025 Live: Thoughts after visiting K

K 2025 Live: Cutting-edge technologies tackling market demands

Conference Videos

[Live Replay] Star Plastics: A Global Solution Provider of Sustainable Material for Your Circular Economy.

[Live Replay] Wanhua Chemical: Green Horizons, Health Guardians - Advancing ESG and Low-Carbon Transition, Innovating Medical Material Solutions

ENGEL e-cap 380

Corporate/Product Videos

Jiangsu Liside New Material Co., Ltd.

Dow 45 years in China

Carbon Removal and Carbon Emission Reduction Tech Solution——Yuanchu Technology (Beijing) Co. Ltd.

Exhibition

Playback TECHHUB 2025@CPRJ Live Streaming for CHINAPLAS

Playback TECHHUB@CPRJ Live Streaming for CHINAPLAS

Events

Playback On April 14, the "6th Edition CHINAPLAS x CPRJ Plastics Recycling and Circular Economy Conference and Showcase" at the Crowne Plaza Shenzhen Nanshan is currently being livestreamed!

Playback 5th Edition CHINAPLAS x CPRJ Plastics Recycling and Circular Economy Conference and Showcase

News
NEW
HOT
 Events
NEW
HOT
 SPE Asia
NEW
HOT
 Special
NEW
HOT
 Live
NEW
HOT
 eNews
NEW
HOT
 Essential Guide
NEW
HOT
 Event Calendar
NEW
HOT
 Survey
NEW
HOT
 CHINA INSIGHT
NEW
HOT

Home > News > Injection

ENGEL: 6% decline in turnover, focuses on customized automation solutions

Source：Adsale Plastics Network Date ：2024-05-03 Editor ：RC
Copyright： This article was originally written/edited by Adsale Plastics Network (AdsaleCPRJ.com), republishing and excerpting are not allowed without permission. For any copyright infringement, we will pursue legal liability in accordance with the law.

ENGEL concluded the fiscal year 2023/24 with a total turnover of around EUR 1.6 billion, indicating a minor downturn compared to the previous year. The company is meeting the mixed prospects with an expansion of its global presence while setting new benchmarks in order income for customer-specific automation solutions.


ENGEL_customized automation solution.jpg


Injection molding cells ensure promising prospects in the customized automation solutions segment.

 

Minor decline in turnover

 

The ENGEL Group concluded the fiscal year with a slight decline in turnover of approximately -6% compared to the previous year.

 

According to Stefan Engleder, CEO of the ENGEL Group, stated that the volume in the injection molding machine market has fallen by up to -40% according to various association figures, yet ENGEL had succeeded in gaining shares in a shrinking market.

 

The Business Units Medical and Packaging made a significant contribution to this development. Demand for the production of diabetes therapy products remains high, especially in the American region, while the packaging industry is experiencing a boom in Europe due to new regulations.

 

In addition, the after-sales business also manifested positive growth, with a surge of almost +15% compared to the previous year.

 

Significant investment for global network expansion

 

Adhering to its growth strategy, ENGEL has allocated a substantial double-digit million figure for the expansion of the global network in the forthcoming fiscal year. In Europe, Americas and Asia, the company relies on largely independent hub structures, each encompassing sales, order processing, production, and after-sales service.

 

“Our many years of experience now allow us to implement local solutions with local R&D and manufacturing know-how. At the same time, we ensure global standards at local costs,” explained Engleder.

 

Promising prospects for customized automation solutions

 

Shortage of skilled workers and high production costs offer promising opportunities for customer-specific automation solutions. Customers are increasingly inclined to automate as many process steps as possible directly via the machine, for instance quality checks or packaging.

 

Depending on the customer's preferences, the automation required integrates seamlessly with the machine to form a high-performance injection molding cell. While the standard segment remains stagnant, customized automation solutions are witnessing a significant upswing.


 Like 丨  {{details_info.likes_count}}
Injection molding machines
Industry 4.0
Financial reports
ENGEL
 FCS-Group      

The content you're trying to view is for members only. If you are currently a member, Please login to access this content.   Login

Source：Adsale Plastics Network Date ：2024-05-03 Editor ：RC
Copyright： This article was originally written/edited by Adsale Plastics Network (AdsaleCPRJ.com), republishing and excerpting are not allowed without permission. For any copyright infringement, we will pursue legal liability in accordance with the law.

ENGEL concluded the fiscal year 2023/24 with a total turnover of around EUR 1.6 billion, indicating a minor downturn compared to the previous year. The company is meeting the mixed prospects with an expansion of its global presence while setting new benchmarks in order income for customer-specific automation solutions.


ENGEL_customized automation solution.jpg


Injection molding cells ensure promising prospects in the customized automation solutions segment.

 

Minor decline in turnover

 

The ENGEL Group concluded the fiscal year with a slight decline in turnover of approximately -6% compared to the previous year.

 

According to Stefan Engleder, CEO of the ENGEL Group, stated that the volume in the injection molding machine market has fallen by up to -40% according to various association figures, yet ENGEL had succeeded in gaining shares in a shrinking market.

 

The Business Units Medical and Packaging made a significant contribution to this development. Demand for the production of diabetes therapy products remains high, especially in the American region, while the packaging industry is experiencing a boom in Europe due to new regulations.

 

In addition, the after-sales business also manifested positive growth, with a surge of almost +15% compared to the previous year.

 

Significant investment for global network expansion

 

Adhering to its growth strategy, ENGEL has allocated a substantial double-digit million figure for the expansion of the global network in the forthcoming fiscal year. In Europe, Americas and Asia, the company relies on largely independent hub structures, each encompassing sales, order processing, production, and after-sales service.

 

“Our many years of experience now allow us to implement local solutions with local R&D and manufacturing know-how. At the same time, we ensure global standards at local costs,” explained Engleder.

 

Promising prospects for customized automation solutions

 

Shortage of skilled workers and high production costs offer promising opportunities for customer-specific automation solutions. Customers are increasingly inclined to automate as many process steps as possible directly via the machine, for instance quality checks or packaging.

 

Depending on the customer's preferences, the automation required integrates seamlessly with the machine to form a high-performance injection molding cell. While the standard segment remains stagnant, customized automation solutions are witnessing a significant upswing.


全文内容需要订阅后才能阅读哦~
立即订阅
automatic blow molding machine MAAG Bannner Ad (EN)
FOROP Button Ad HANGZHOU JUHESHUN NEW MATERIAL CO., LTD. 40+YEARS IN MAKING PLASTIC BAG MAKING MACHINE

Recommended Articles

Injection
WITTMANN BATTENFELD shows new one-piece MacroPower at K Fair
 2025-10-22
Injection
K 2025 Live: Husky introduces new molding platform and technologies
 2025-10-11
Injection
K 2025 Live: YIZUMI debuts micro precision machine for medical applications
 2025-10-09
Injection
K 2025 Live: World premiere of tie-bar-less ENGEL victory electric machine
 2025-10-09
Injection
K 2025 Live: ENGEL acquires physical foaming pioneer Trexel
 2025-10-09
Injection
K 2025 Live: ARBURG flying with world premiere of Allrounder Trend
 2025-10-08
Maguire Bannner Ad (EN) 信百勒 英文横幅
JIANGYIN DELING GEARBOX CO.,LTD Expert in material precision handling systems Cincinnati Electronic Weekly Button Advertising EN
  • Must See
    • News
    Images
    Watch it
1
World premiere at K: Kautex to unveil new full-electric blow molding machine
2
CANNON launches AI-powered thermoforming series at K 2025
3
LEONHARD KURZ to feature automotive applications of NFPP and rPET at K 2025
4
Mono-PE prototype pouch with 50% chemical recycled content presented at K Fair
5
K 2025 Live: Set to open tomorrow following press conference highlights
1
[Live Replay] Star Plastics: A Global Solution Provider of Sustainable Material for Your Circular Economy.
2
K 2025 Live: Thoughts after visiting K
3
K 2025 Live: VDMA expects growth ahead
4
K 2025 Live: Adsale Plastics Network on the ground in Messe Düsseldorf
5
K 2025 Live: Subscribe to smarter and more energy-efficient plastic recycling
  • Hot Specials

You May Be Interested In

Change
  • People
  • Company
loading... No Content
{{[item.truename,item.truename_english][lang]}} {{[item.company_name,item.company_name_english][lang]}} {{[item.job_name,item.name_english][lang]}}
{{[item.company_name,item.company_name_english][lang]}} Company Name    {{[item.display_name,item.display_name_english][lang]}}  

Polyurethane Investment Medical Carbon neutral Reduce cost and increase efficiency CHINAPLAS Financial reports rPET INEOS Styrolution Evonik Borouge Polystyrene (PS) mono-material Sustainability Circular economy BASF SABIC Multi-component injection molding machine All-electric injection molding machine Thermoforming machine

ENGEL: 6% decline in turnover, focuses on customized automation solutions

识别右侧二维码，进入阅读全文
下载
x 关闭
订阅
亲爱的用户，请填写一下信息
I have read and agree to the 《Terms of Use》 and 《Privacy Policy》
立即订阅
Top
Feedback
Chat
News
Market News
Applications
Products
Video
In Pictures
Specials
Activities
eBook
Front Line
Plastics Applications
Chemicals and Raw Material
Processing Technologies
Products
Injection
Extrusion
Auxiliary
Blow Molding
Mold
Hot Runner
Screw
Applications
Packaging
Automotive
Medical
Recycling
E&E
LED
Construction
Others
Events
Conference
Webinar
CHINAPLAS
CPS+ eMarketplace
Official Publications
CPS eNews
Media Kit
Social Media
Facebook
Linkedin
Adsale Group ｜  About Us ｜  Terms of Use ｜  Privacy Policy ｜  Contact Us ｜  Media Kit ｜  Consent Letter for Processing Personal Data ｜