Injection molding houses are heavily concentrated in LCOL areas -- but it's a massive market, so, so much of modern materials are plastic that there's a lot that's done in the US/Canada/Mexico, in North America, and Germany/Italy/Austria.
For just the automotive industry, there are 120 injection molding contractors in Michigan alone. Onshoring and reshoring are desired for really customer facing parts -- you spend a lot of weight on packaging to mitigate scratches when you produce abroad then assemble domestically.
Staying with automotive, electrification is driving the injection molding industry -- as your weight shifts to "big battery with a shell around it" more of the total components of a vehicle are injected.
Zooming out of automotive, biomedical device packaging is a huge injection molded business that's stayed in the US and is growing.
For just the automotive industry, there are 120 injection molding contractors in Michigan alone. Onshoring and reshoring are desired for really customer facing parts -- you spend a lot of weight on packaging to mitigate scratches when you produce abroad then assemble domestically.
Staying with automotive, electrification is driving the injection molding industry -- as your weight shifts to "big battery with a shell around it" more of the total components of a vehicle are injected.
Zooming out of automotive, biomedical device packaging is a huge injection molded business that's stayed in the US and is growing.