Market revenue in 2023 | USD 57,332.1 million |
Market revenue in 2030 | USD 74,619.7 million |
Growth rate | 3.8% (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 |
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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 36.03% in 2023. Horizon Databook has segmented the Europe metal stamping market based on blanking, embossing, bending, coining, flanging covering the revenue growth of each sub-segment from 2018 to 2030.
The construction industry is a significant contributor to the GDP and accounts for Europe's largest metal stamping demand share. The region had put efforts into infrastructural developments, however, according to a news article in June 2023, major countries in the region were facing labor shortages, which was hampering construction activities.
For instance, Munich’s labor costs averaged around EUR 74.8 (~USD 83.2) per hour, and Dublin’s were at EUR 43.8 (USD 48.7) per hour. Despite this, the industry is sustained by public investments, with government efforts to stimulate growth, accommodate the growing population, and improve connectivity.
Apart from the region’s construction industry, the European steel industry is also a significant contributor to metal stamping demand. The region is the second-largest steel producer in the world after Asia. The steel industry contributes around EUR 110 billion (~USD 122.35 billion) to the European economy.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe metal stamping market , including forecasts for subscribers. This continent databook contains high-level insights into Europe metal stamping market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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