Across the nation, there are plenty of industries, items, and processes that are often taken for granted and underappreciated. Some of these things are very important to the medical industry, where people often suffer from issues that are undiagnosed because they do not visit the doctor often. However, there are some things that are less important in terms of their livelihood but are still important to how people live their lives.
Right now, the packaging is so essential to the flow of business in the United States. Think about how many items are ordered from online services like Amazon. Furthermore, understand that packaging is absolutely essential when it comes to delivering food to supermarkets and such. Here are all of the facts on injection molding.
RFID tags are defined as tags used to capture data and to track the movement of objects in the physical world. These types of tags are very common across the globe and just recently in the year of 2011, there were more than 12 million RFID tags sold to businesses. Many experts in this field believe that by the year of 2021, this number will potentially increase to nearly 209 billion.
One industry that uses injection molding at a high rate is the world drug packaging industry. There are a large number of people in the United States that take prescriptions drugs every day and rely on these drugs to help them function. This is why the industry of world drug packaging managed to reach just about $66 billion as a whole industry.
So many items that are purchased in supermarkets each day are packaged with injection molding. Blow molding jobs are now even being given to highly functioning robots that are able to put together sophisticated packaging schemes with ease. Flexible packaging is the second largest packaging segment in the U.S., garnering about 18% of the U.S. $145 billion packaging market.
The flexible packaging industry directly employs approximately 79,000 people. The largest market for flexible packaging is food, both retail and institutional, accounting for about 58% of shipments. A record 14,232 robots, valued at $840 million were ordered from North American robotics companies in the first half of 2015.
As of 2014, there are 290,780 pharmacists working in the U.S. These pharmacists will utilize packaging that includes injection molding every single day. As of 2014, there are 368,760 pharmacy technicians working in the U.S. In 2013, sales of search and placement services reached $13.2 billion.
There is no doubt that packaging is incredibly important for everyone in the United States. Rational molding positions will work with injection molding and other types of molding to help put together efficient and reliable packaging. Without these types of packages, important items would not be delivered safely to their destination. There would always be a chance that these types of packages could break open or could have issues while in transportation. That is why it is so important for packaging companies to properly utilize injection molding in their packaging process.