Middle East & Africa Metal Stamping Market Size & Outlook
Middle East & Africa metal stamping market, 2018-2030 (US$M)
Related Markets
MEA metal stamping market highlights
- The MEA metal stamping market generated a revenue of USD 11,624.6 million in 2023.
- The market is expected to grow at a CAGR of 2.5% 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.
MEA data book summary
| Market revenue in 2023 | USD 11,624.6 million |
| Market revenue in 2030 | USD 13,843.4 million |
| Growth rate | 2.5% (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, MEA region accounted for 4.9% 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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Middle East & Africa 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 Middle East & Africa metal stamping market based on blanking, embossing, bending, coining, flanging covering the revenue growth of each sub-segment from 2018 to 2030.
Rising investment in resorts, hotels, artificial islands, and luxury residential projects is expected to lead to the growth of the market from 2024 to 2030. The region is witnessing surging investments in resorts, hotels, artificial islands, and luxury residential projects that will support the growth of its construction industry.
For instance, in May 2024, Radisson Hotel Group accelerated its expansion plans in Saudi Arabia with an increased focus on holy cities. It currently has 26 properties and 18 additional properties under construction. Thus, such expansive construction activities in the Middle East & Africa are anticipated to fuel the demand for the metal stamping industry.
In addition, automotive companies across the Middle East & Africa are investing in expanding their product range and production capacities to meet the rising demand for automobiles. For instance, in May 2024, Stellantis, a multinational automobile manufacturer, plans to expand its operation in Saudi Arabia with the introduction of smart cars and light commercial vehicles.
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Our clientele includes a mix of metal stamping market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa metal stamping market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa metal stamping market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Middle East & Africa metal stamping market
Middle East & Africa Metal Stamping Market Outlook Share, 2023 & 2030 (US$M)
Middle East & Africa metal stamping market
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