Did you know? The global custom manufacturing services market, valued at $858.8 billion in 2021. By 2031, this market is projected to hit $1,350.2 billion, with a 4.6% CAGR. Contrary to the common perception of automated production lines, custom manufacturing goes beyond mass replication.
This innovative approach involves designing, engineering, and producing products tailored to individual customer preferences. Common examples of such customized product manufacturing range from build-to-order (BTO) parts to low-volume production and mass customization.