Key manufacturing trends to look out for in 2024

Technological advancements, climate change, and geopolitical tensions have transformed the global manufacturing landscape in recent decades. Along the way, academics and industry experts have explored concepts such as Industry 4.0 which encompasses the industrial internet of things, and ‘smart’ manufacturing, to help define the multitude of ways in which technological innovation has changed manufacturing processes.

In parallel, ‘advanced manufacturing’ encompasses many complementary developments in the manufacturing field during this time, including high-tech products and processes and clean, green, and flexible manufacturing. It also incorporates the significance of a high-performance workforce in creating an agile production system that can flex between mass production and custom manufacturing in response to customer demand.

Accrol Group Holdings plc (LON:ACRL) is the UK’s leading independent tissue converter, producing toilet tissue, kitchen towel, facial tissue and biodegradable wet wipes. The UK soft tissue market is worth £1.6bn with private label products comprising circa 50%. Accrol is the leading supplier to the private label market, which is growing at over 8% year on year.

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