Asia Pacific Metal Stamping Market Size & Outlook
Asia Pacific metal stamping market, 2018-2030 (US$M)
Related Markets
Asia Pacific metal stamping market highlights
- The Asia Pacific metal stamping market generated a revenue of USD 86,767.3 million in 2023.
- The market is expected to grow at a CAGR of 5.2% from 2024 to 2030.
- In terms of segment, blanking was the largest revenue generating process in 2023.
- Blanking is the most lucrative process segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 86,767.3 million |
| Market revenue in 2030 | USD 123,377.3 million |
| Growth rate | 5.2% (CAGR from 2023 to 2030) |
| Largest segment | Blanking |
| Fastest growing segment | Blanking |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Blanking, Embossing, Bending, Coining, Flanging |
| Key market players worldwide | Kenon Holdings Ltd, FRP Holdings Inc, Nissan Motor Co Ltd, Gestamp Automocion, Ford Motor Co |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 36.6% of the global metal stamping market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 123,377.3 million by 2030.
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Metal Stamping Market Scope
Metal Stamping Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific metal stamping market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to metal stamping market will help companies and investors design strategic landscapes.
Blanking was the largest segment with a revenue share of 35.44% in 2023. Horizon Databook has segmented the Asia Pacific metal stamping market based on blanking, embossing, bending, coining, flanging covering the revenue growth of each sub-segment from 2018 to 2030.
The crude steel production of Asia and Oceania was 1,367.2 million tons in 2023, 0.7% more than in 2022. The production amounted to 586.2 million tons for the first five months of 2024. Growing investments in the region are fueling the production in the region.
For instance, in January 2023, SteelAsia Manufacturing Corporation and China BaoWu Steel Group Corporation Limited announced their partnership to build a USD 1.98 billion steel production facility in the Philippines, owing to the rising infrastructure expenditure in the country.
The facility is anticipated to manufacture 3 million tons of steel annually, further benefiting the metal stamping market. The increasing investments in the development of affordable housing units, construction of smart cities, upgradation of existing infrastructures and development of new ones, and promotion of tourism are expected to surge the demand for metal stamping in the region over the forecast period.
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Target buyers of Asia Pacific metal stamping market databook
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Our clientele includes a mix of metal stamping market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific metal stamping market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific metal stamping market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific metal stamping market size, by country, 2018-2030 (US$M)
Asia Pacific Metal Stamping Market Outlook Share, 2023 & 2030 (US$M)
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