Metal Stamping Market Expected to Grow by 4.2% CAGR Through 2032

The global metal stamping market, valued at $207.4 billion in 2023, is estimated to surpass $263.18 billion by 2029 and reach $300.34 billion by 2032, registering a CAGR of 4.20% through this period, according to Precedence Research, a market-research provider. The chief market driver: the automobile industry's increasing use of lightweight materials.

The Asia-Pacific region represented the highest market share, 36%, in 2022, fueled by rapidly expanding economies. And, blanking, steel stamping, mechanical presses and automotive segments are expected to dominate market share through 2032.

Technologies: Stamping Presses

Subscribe to the Newsletter

Start receiving newsletters.