With the end of 2007, the world's annual growth rate of injection mold fixed four percent in the final. It is estimated that in 2008 the injection mold production will remain at 4 percent to 5 percent of the growth momentum.
Such rapid growth is mainly from food packaging and beverage packaging rising demand-led.Expected in 2008, the impact to global injection mold industry development is oil prices and food packaging industry profits mainly. As the most important investment to injection product processing, the changes of oil price will bring the cost of the injection mold a tremendous change. Food and beverage industry develop rapidly in recent years, and plastic packaging for them are in large number demand.This will increase demand for packaging products, which also gives injection molds a very good market for develop, and may promote the injection mold to maintain long-term growth.
In addition, in 2008, the growth of plastic mold in the construction industry will be very slow, mainly effected by the demand of plastic barrels.
