The forecast for sold production of moulding boxes, mould bases, and moulding patterns in the UK indicates a consistent decline from 2024 to 2028. In 2024, the production is expected to be 140.93 thousand kilograms, decreasing steadily over the years to 84.51 thousand kilograms in 2028. This downward trend reveals an average annual decrease of approximately 12.88% over this five-year period.
The main concerns for future trends include:
- Technological advancements in 3D printing which might reduce the demand for traditional moulding patterns.
- Potential shifts in manufacturing hubs affecting production locations and capacities.
- Fluctuations in material costs and supply chain dynamics impacting production volumes.