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Market status of Chinese mould manufacturing industry.

Market status of Chinese mould manufacturing industry.

In recent years, due to the continuous improvement of China’s industrialization level, China has become the world’s mold manufacturing power and mold trading power. The mold industry is highly related to many industries and involves a wide range of fields. The continuous development of the downstream market also drives the rapid development of our country mould and mould industry. In particular, the shift of the global manufacturing industry to China will drive the upgrading of our manufacturing industry, and will also bring new growth opportunities to the mold industry. In 2016, the market size of China’s mold industry reached $416.96 billion. Due to the impact of the epidemic, the market size of China’s mold industry will decline in 2020, reaching 395.16 billion dollars. The market size of Chinese mold manufacturers is expected to rebound to $465.9 billion in 2021.

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Post time: Nov-16-2022