Today, China's precision plastic mold spare parts industry is very promising, but will it soon be saturated and a large number of recessions? Let us look for answers to these questions in several ways. How long will China's precision plastic mold spare parts industry flourish?
In 2006, the annual output value of the precision plastic mold spare parts industry was 72 billion yuan (US$9.3 billion), which has reached half of Japan who is the largest country in the plastic mold industry. In 2019, the output value of China's plastic mold manufacturing industry will exceed 100 billion yuan.
The rise of precision plastic mold spare parts industry
China's precision plastic mold manufacturing industry ranks third in the world, with 800,000 employees. All of the above refer to professional plastic mold factories. If factory that uses precision plastic mold spare parts are included, this number will expand a lot.
In recent years, the output value of plastic mold parts in Chang'an, Dongguan has increased by more than 3O% annually, and occupies an important position in the country.
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