China mold maker and supplier

One study conducted by the consulting firm KPMG indicates that China has overtaken the United States and Germany to become the largest machine tool maker in the world, with sales of US$5.7 billion in 2002. Its skilled labour force and low cost base make it a viable base for sourcing or manufacturing.

Injection Molding Markets Study is projecting respectable growth for injection molded packaging for 2010. This year, the North American market is projected to reach an estimated total of 8.5 billion lb of resin. With an average annual growth rate (AAGR) of 4.6%, molders interviewed for this study predicted they will be consuming 9 billion lb of resin in 2010.