Abstract:
The global mould manufacturing market amounts to USD 26.21 billion in 2020 and is expected to increase to USD 38.62 billion in 2025 at a Compound Annual Growth Rate (CAGR) of 8%. This growing demand for moulds urges to develop sustainable methods to recover used moulds. Remanufacturing of moulds offers a promising solution in the industry which extends the useful life of end-of-use moulds. However, there is a lack of evidence that mould remanufacturing is used to reap its potential benefits in Sri Lankan Small and Medium-sized Enterprises (SME). Literature review and semi-structured interviews were used to establish the current knowledge, identify barriers, and to identify key elements in developing the framework. The paper presents a conceptual framework developed for promoting mould remanufacturing in Sri Lankan SME.