How much is a plastic injection mold?

Mold costs vary greatly depending on what you&#;re trying to make. Some of our clients used our services to get one injection mold made, while others contracted with us for hundreds of injection molds. To give you a better idea of how much it will cost, let&#;s break down an average project in which we design and build tooling for 12 different products, each in three different materials. This project required 24 tools total, with $90K going toward hard tooling (tools that are built once and then used over and over again) and $120K going toward soft tooling (tools that have to be built anew for every single product). Hard tooling accounts for 45% of your bill, while soft tooling represents 55%.

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Before paying for an injection mold, make sure to inquire from several manufacturers to get different quotes from them. The same approaches are not used in pricing hence you might be lucky and get a really good deal. Although, caution needs to be taken since cheap molds might cost you more in the long run. Some manufacturers give expensive estimates but this should not be overlooked because they may be offering value for your money.

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The best approach for knowing the price is you need to be prepared in advance. Be aware of all the details of your preferred mould design and size and also have a prototype or at least a drawing. This makes quoting prices simple, also negotiations can be done because both parties have an idea of the end product. Also, do your due diligence on the companies that offer mold manufacturing services so that you can get the best quality products and services.

In terms of estimations, injection molds can cost from  3,000 dollars to 50,000 dollars or even more. Simple molds cost anything between 3,000 dollars and 6,000 dollars. These molds do not have any complicated designs or shapes and are also single cavity molds. For complicated molds with features like large, complexity in design, multi-cavity injection molds, and high production, they cost around 25,000 dollars to 50,000 US dollars and sometimes more.

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