Summary
Major players in the metal embossing machine market are Nanjing Harsle Machine, Pannier, Jawo Sheng Precise Machinery Works, Zhengzhou Ellsen Machinery Equipment, Alliance Machine & Engraving, Yuri Roll Machine Co. Ltd., Anhui LIFU Machinery Technology, Identification Systems Group, Dynamick Print Solution, The Bradbury Co. Inc., Botou Yangcheng Cold Forming Machine Co., Ltd., AL-FATTAH Integrated Solutions, and Big City Manufacturing.
The global metal embossing machine market grew from $53.44 billion in 2022 to $56.66 billion in 2023 at a compound annual growth rate (CAGR) of 6.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The metal embossing machine market is expected to grow to $71.22 billion in 2027 at a CAGR of 5.9%.
The metal embossing machine marketincludes revenue earned by entities by steel embossing machines, sheet metal embossing machines, automatic metal embossing machines, and metal embossing machines.The market value includes the value of related goods sold by the service provider or included within the service offering.
Only goods and services traded between entities or sold to end consumers are included.
Metal embossing refers to a metal stamping technology that is used to create a three-dimensional pattern on metal plates or sheets. The metal embossing machines are used in embossing metal sheets with rollers to suit the need for customized or pre-defined patterns.
Asia-Pacific was the largest region in the metal embossing machine market in 2022. The regions covered in the metal embossing machine market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The main types of metal embossing machines are manual embossing and automatic embossing.Manual embossing refers to manual or hand-held marking equipment and is simple to work.
They allow for speedy stamping or embossing of aluminum, brass, and stainless steel tags, nameplates and checks with a steel die. The different applications include automotive materials, home appliances, building materials, and others and are used in low and medium volume and high volume.
An increase in industrial manufacturing of machines and metal components is expected to propel the growth of the metal embossing machine market going forward.Industrial manufacturing of machines and metal components refers to the manufacture of all mechanical machinery for use in mining, manufacturing, energy, and construction sectors, domestic appliances, and consumer electronics.
The increase in demand for products from these sectors results in an increase in industrial manufacturing where metal embossing is heavily used. For instance, according to S&P Global, a US-based publicly traded company, the total US metal production in 2021 increased by 23% Year-On-Year, reaching an estimated $33.8 billion. Therefore, the increase in industrial manufacturing of machines and metal components will drive the growth of the metal embossing machine market.
Innovation product launches are a key trend gaining popularity in the metal embossing machine market.Major companies operating in the metal embossing machine sector are introducing new products for gaining a competitive advantage over other competitors.
In April 2021,Marbach, a Germany-based company, launched msteel embossing machine for the production of steel braille forces.This is used to provide embossing forces that enable speedy and accurate production of braille on packaging.
It is employed in the manufacture of steel flat and rotary braille forces. Fully automatic embossing and lettering are used throughout.
In May 2021, Stanley Spring and Stamping, a US-based manufacturer of custom fabricated springs, stampings, wire forms, fasteners, and assemblies acquired Precision Forming and Stamping for an undisclosed amount.With this acquisition Stanley Spring and Stamping aim to strengthen their stamping capabilities.
Precision Forming and Stamping is a US-based manufacturer of metal stampings machines and flat springs for the automotive, electrical, HVAC, and medical industries and offers four-slide and multi-slide metal stampings.
The countries covered in the metal embossing machine market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
The metal embossing machine market research report is one of a series of new reports that provides metal embossing machine market statistics, including metal embossing machine industry global market size, regional shares, competitors with a metal embossing machine market share, detailed metal embossing machine market segments, market trends and opportunities, and any further data you may need to thrive in the metal embossing machine industry. This metal embossing machine market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
