Domestic shopping malls and surrounding shopping malls have tremendous potential. The population has steadily increased. There are 70 million local shopping malls with a population of 350 million and a peripheral radiation shopping mall. Many of Iran's enterprises were equipped with aging equipment, and there was no opportunity to improve during the war. Then Western countries imposed economic sanctions on Iran. Since the removal of economic sanctions in 2016, estimates have substantially increased Iran's World Trade relations, and Iran's demand for machinery and equipment, especially in the areas of plastics and rubber, will rise. Iran has many demands for modern equipment, spare parts, plastic moulding machines, processing methods and technologies.
The Great Business Opportunities of Iranian Plastics
The level of plastic work in Iran is not high, and the expansion and renovation of plastic work will create great business opportunities.
Iran's plastic processing enterprises are as large as thousands, while equipment production enterprises only need to plan a very small number of more than 30, more than 30% of the machinery and equipment have been used for more than 30 years. Domestic products can not meet the domestic market demand, and due to the overall processing level is not high, Iran imports 60% of the demand for plastic machinery and equipment. According to the German Federation of Machinery and Equipment Manufacturers (VDMA) and the European Association of Plastic and Rubber Manufacturers (EUROMAP), about 65% of Iran's injection and extruder manufacturers will undergo renovation programs.