Demand for Household Product Mould Continues to Expand

  • With the development of China's industrial manufacturing industry, after decades of mold manufacturing technology accumulation, mold products have been gradually applied to all walks of life, showing a trend of vertical and horizontal depth. Under the background of the advancement of Household Product Mould(FURNITUREMOULD) manufacturing technology and the increasingly fierce market competition, household product mould products are gradually being widely used in tables, chairs, cylinders and the like.

    With the improvement of people's living standards, the demand for household products has maintained steady and rapid development. Data show that from 2011 to 2016, the income of China's home appliance business increased from 119.075 billion yuan to 146.056 billion yuan, with a compound annual growth rate of 5.80%. The total profit of the industry increased rapidly from 51.162 billion yuan to 119.69 billion yuan. The growth rate is as high as 18.53%.

    Household products have formed a complete independent support system for parts and components, forming a complete upstream and downstream industrial chain. Most components of household products rely on mold injection molding, and the industrial cluster provides a good external environment for the linkage industry between the mold industry and the home appliance industry. Experts predict that with the gradual development of intelligent, personalized and lightweight, the iterative speed of home appliance product update will be significantly accelerated, and the future home appliance industry market will maintain a steady growth trend.

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