South China Mold Molding is facing the integration of e-commerce or "breakthrough"

A few days ago, the reporter learned from the Asian mold exhibition held in Guangzhou that due to the global blow to shrinking demand and rising costs, moldmakers and injection molders in South China are currently showing a trend of integration. Many small mold-molding companies are facing production. Under the pressure of rising costs and foreign trade, they have started to test the water e-commerce field, expand the domestic market channels, and find a way to “break through” for the survival and development of enterprises.

It is understood that due to the international economic situation, especially the economic situation in Europe and the United States, there has been a wide range of weaknesses, the international market demand for mold molding has further slowed. This has also led to a general integration trend in China's South China mold-molding industry, which has a certain share of exports. Some small mold-molding companies have experienced a decline in sales of their products, and companies have experienced crisis in their survival and development.

A relevant person in the mold association said that by the beginning of next year, 20-25% of companies in the plastic mold manufacturing and molding industry in South China will face bankruptcy. The size of such companies may not be large and they belong to small businesses in the industry. Because of the sudden drop in foreign trade exports, the domestic market of these small companies has not developed, resulting in a backlog of corporate products, capital turnover problems, companies are facing great pressure for survival.

At the exhibition, the heads of some large mold companies also believe that the industry is undergoing major changes, which have made the business environment more difficult under the triple influence of rising labor costs, appreciation of the renminbi, and slowing global economic growth. The market is more occupied by more powerful, more capital-rich or more innovative companies. Therefore, small-scale must seek market transformation, and turn its attention to the development of the domestic market, in which relying on e-commerce can become a "breakthrough" exit.

A person in charge of a mold company stated that there are a number of small and medium-sized enterprises that manufacture automobile molds in southern China. In the situation where foreign trade exports have continued to slump, they have cooperated with well-known B2B e-commerce platforms and used e-commerce platforms to develop the domestic market. . In a short period of one year, companies have perfected a number of national sales channels, and the sales of products have thus opened up.

According to statistics from Yihu Baiying Platform, up to now, there are more than 200,000 mold molding enterprises in the country registered in the country, among which enterprises in South China occupy an important part. The mold molding industry's participation in e-commerce began to show rapid growth. Many mold-molding companies increasingly focus on deep participation in e-commerce platforms and organize product marketing in order to strengthen the development of the domestic market. It is expected that next year, the overall level of e-commerce in China's mold molding industry in South China, in particular, will show a qualitative leap.