Latin America Metal Stamping Market Size & Outlook
Latin America metal stamping market, 2018-2030 (US$M)
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Latin America metal stamping market highlights
- The Latin America metal stamping market generated a revenue of USD 17,594.0 million in 2023.
- The market is expected to grow at a CAGR of 2.6% 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.
Latin America data book summary
| Market revenue in 2023 | USD 17,594.0 million |
| Market revenue in 2030 | USD 21,091.3 million |
| Growth rate | 2.6% (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, Latin America region accounted for 7.4% 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 |
|---|
Latin America 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 29.68% in 2023. Horizon Databook has segmented the Latin America metal stamping market based on blanking, embossing, bending, coining, flanging covering the revenue growth of each sub-segment from 2018 to 2030.
To achieve carbon emission goals, governments in the region are shifting their focus toward electric vehicles. For instance, in April 2022, the Government of Chile announced its target of 100% electricity driven new vehicles in the country by 2035.
Such measures undertaken by governments of different countries are anticipated to positively impact the demand for metal stamping in Central & and South America over the forecast period, thereby contributing to the growth of the market.
Upcoming investments in residential and commercial projects are anticipated to propel the metal stamping market in the region. For instance, in April 2023, IRSA got approval for the construction of real estate projects in Costanera Sur and Ciudad Deportiva de Boca, Argentina.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America metal stamping market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America metal stamping market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America metal stamping market
Latin America Metal Stamping Market Outlook Share, 2023 & 2030 (US$M)
Latin America metal stamping market
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