Mold Development Trends In China

Mold Development Trends In China

Analysis of Chinese plastic mold development situation and future trends

Not only the quality and and quanities, the processing and manufacturing technology have improved by a big margin, there are 30% large, complex , precision, or muti-cavities injection mold were made from China every year all over the world, most of the big or small company sourcing injection mold and molding part from China. the mold include for , automotive, home applicance, OA, medical care, industrial, furniture ,toys.ect

But With the rapid development of Internet technology in China, more and more mold company doing business by internet, get orders from internet marketing, which greatly decrease the marketing developing cost. Internet brings not only is convenient, important is a low cost, low price; Therefore, depth competition led to price more transparent, More and more real;

So the mold enterprise facing the situation and future trneds are as below:

• Big mold companies which earned a lot money in the earlier years expand quickly to occupy more market resource.
• Big mold companies don’t Recruit and hire great employees, instead they upgrade their equipments by more advance, more automatically to save labor cost.
• Big mold companies to move to remote areas to save rent money
• Big mold companies still facing the managing cost and high labour cost
• Price factor become the main concern when custom ready place an order
• The emergence of more small companies lead the competitionmore fierce;
• Mold and molding price really reduced compared 5 years ago.
• Mold quality and Service awareness improved greatly.
• Mold tooling lead time are greatly shortened
• There are more elder mold company Shut down or declining since they are willing to change.
• The internet thinking will be used in mold industry, lost cost, high efficiency ,lower price, Go neutral, Free link, Everyone working for yourself