The injection molding industry is a low-margin industry, which is a matter of public record. This, coupled with the low barrier to entry in the injection molding industry, where only a few injection molding machines are required, has led to the emergence of many family-run workshops in the industry. This has undoubtedly increased the competition in the industry and reduced the profits of the industry, so how should injection molding processors increase their profits in the future?
Nowadays, pure plastic injection parts processing is becoming less and less profitable, especially for larger quantities, and the final profit accounting is also relatively low. This makes it imperative for injection molding plants to transform their existing development models if they are to have better opportunities for future growth.
At present, plastic injection parts is gradually developing in the direction of high precision, and the profit of precision injection molded parts is also very attractive. Precision injection molding requires a certain level of strength, so injection molding plants with backward hardware and software simply do not have the production conditions. Companies with a certain injection molding strength can develop in the direction of precision injection molding in the future, which will greatly increase the profits of enterprises.
In addition, single plastic injection parts are less profitable, and many of them have a simpler process. large enterprises in this area can not compete the price with small businesses.
The good news is that many products are now often a complete set, if the complete product is injection molded, then the profit will be very considerable. And the requirements of complete product are more demanding, which is often the strength of a large injection molding plant. At present, the injection molding service is developing strongly towards the injection molding of complete products. Feman Tooling Co.,Limited has done injection molding of complete sets of products with many European and American enterprises, so it has accumulated rich experience in this area.
If future injection molding plants want to obtain high profits, they must change the existing production model and actively go towards the high-end industry, only then the company will not be eliminated.