The global plastics industry has been growing at a CAGR of 5.8% since 2009, shared by Statista! In this article we will look at how the plastics manufacturing industry is growing and evolving, and the impact that new technologies are having on the way businesses in this sector are approaching their processes.
One significant driver behind the growth of the plastics manufacturing industry is the increasing emphasis on sustainability. Companies are adopting eco-friendly practices, such as recycling and using biodegradable materials, to address environmental concerns. This shift is not only driven by consumer demand but also by a global push towards greener alternatives.
Advancements in technology are revolutionising the way plastics are manufactured. From 3D printing to innovative molding techniques, the industry is witnessing a surge in cutting-edge technologies that enhance efficiency and reduce waste. Automation is playing a crucial role in streamlining production processes, leading to higher productivity and cost-effectiveness.
Efficient Customer Relationship Management: CRM systems are becoming indispensable tools for plastics manufacturers. They help in managing relationships with customers, suppliers, and other stakeholders effectively. By centralizing customer data, manufacturers can gain valuable insights into customer preferences, streamline communication, and ultimately enhance customer satisfaction.
Tailored Solutions for Clients: CRM allows manufacturers to understand the unique needs of their clients. With this knowledge, they can tailor their products and services to meet specific requirements. This not only strengthens customer relationships but also positions the manufacturer as a reliable and customer-focused partner.
Automation has been a game changer in the Plastics Manufacturing Industry, with this technology being leveraged for:
As the industry grows, investment in research and development becomes crucial. Manufacturers are allocating resources to explore new materials, production methods, and sustainable practices. This commitment to innovation positions the industry to adapt to changing consumer preferences and environmental regulations.
The plastics manufacturing industry is increasingly becoming a global player, with collaborations and partnerships across borders. Shared knowledge and resources contribute to the industry's growth by fostering cross-cultural innovation and a diverse range of perspectives.
Many businesses in the plastics manufacturing industry are turning to TEB Apps, the future of automation software, to help them accelerate growth by streamlining their manual processes. In the plastics manufacturing industry, processes like lead management, order management and billing can be time-consuming and challenging, but it doesn’t have to be. With TEB Apps you can:
Track and monitor your leads holistically: View how leads are progressing through your funnel with a holistic view of your entire lead activity and storyboards of interactions for each customer.
Create quotes seamlessly: Automate your quote creation with custom templates to drive efficiency and productivity when making proposals and sending quotes.
Specification, volumetric and bundle pricing: Simplify your billing with easy and quick pricing criteria settings.
Improve team communication and tracking: See your team's actions for the day, easily assign new actions and track how your team is performing in real-time.
TEB Apps has grown by over 800% in the last year with countless businesses low leveraging the software to hit their goals. It is time for you to step into the future. Book a demo at a time that suits you and see how TEB Apps can transform your business for yourself.
