The Metal Embossing Machine by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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Market:
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According to The Business Research Company’s Metal Embossing Machine , The
metal embossing machine market size has grown steadily in recent years. It will
grow from $54.66 billion in 2023 to $56.99 billion in 2024 at a compound annual
growth rate (CAGR) of 4.3%. The growth in the historic period can be
attributed to increased demand for high-quality leather goods, growth in the
manufacturing and industrial sectors, adoption of metal embossing for
decorative and branding purposes, expansion of the packaging industry with
applications in metal packaging, increased demand for personalized and
customized metal products.
The metal embossing machine market size is expected to see strong growth in the
next few years. It will grow to $70.14 billion in 2028 at a compound annual
growth rate (CAGR) of 5.3%. The growth
in the forecast period can be attributed to growth in the automotive industry ,
rising demand for embossed metal products in the construction sector, adoption
of metal embossing for security features in identification documents, expansion
of the aerospace industry with applications, reduced lead time and flexibility
of embossing design. Major trends in the forecast period include customization
and personalization of embossed metal products for branding, development of
compact and portable metal embossing machines, use of advanced materials and
coatings for diverse embossing effects, integration of artificial intelligence
for pattern recognition and intricate designs, collaboration between metal embossing
machine manufacturers and artists for unique applications.
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.
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The metal embossing machine market covered in this report is segmented –
1) By Type: Manual Embossing, Automatic Embossing
2) By Application: Automotive Materials, Home Appliances, Building Materials,
Other Applications
3) By End User: Low and Medium Volume, High Volume
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.
The metal embossing machine market report table of contents includes:
1. Executive Summary
2. Metal
Embossing Machine Market Characteristics
3. Metal
Embossing Machine Market Trends And Strategies
4. Metal
Embossing Machine Market - Macro Economic Scenario
5. Global
Metal Embossing Machine Market Size and Growth
.
31. Global Metal Embossing Machine Market Competitive Benchmarking
32. Global
Metal Embossing Machine Market Competitive Dashboard
33. Key
Mergers And Acquisitions In The Metal Embossing Machine Market
34. Metal
Embossing Machine Market Future Outlook and Potential Analysis
35.
Appendix
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