Product type creations are can be created by clicking on the product type option on the product display page. Please flow the below steps to create product type.
Step:1 Click on the "Products" section
Step2: You will be finding an option saying Product Type, Click on it.
Step3: Once you click on it, a window with an option to create a product type will be shown as shown below. Click on Add more.
Step:4 After clicking on add more you will be having input text to enter the name of the product type. Once you enter the product type click on create to save it. The product type will be created.
While creating a new product, the mentioned type will be displayed in the Product Type drop down.