Product Code: ETC5376559 | Publication Date: Nov 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Fiji Metal Forging Market may undergo a gradual slowdown in growth rates between 2025 and 2029. Starting high at 12.47% in 2025, the market steadily declines to -2.34% by 2029.
The Metal Forging market in Fiji is projected to grow at a growing growth rate of 7.66% by 2027, within the Asia region led by China, along with other countries like India, Japan, Australia and South Korea, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.
The metal forging market in Fiji supports industries like automotive, construction, and energy. Demand for forged components, known for their strength and durability, is increasing with industrial growth and infrastructure development.
The metal forging market in Fiji is expanding as industries increasingly rely on high-strength metal components in sectors like automotive, aerospace, and machinery. Forging is a manufacturing process that involves shaping metal using compressive forces, resulting in parts that are stronger and more durable than those made through other methods. As the demand for high-performance and customized metal parts rises, particularly in the production of engine components and structural parts, the need for metal forging processes is increasing. The growth of the manufacturing sector in Fiji, along with advancements in forging technologies, is contributing to the market`s expansion.
The metal forging market in Fiji is challenged by high costs of machinery, reliance on imported raw materials, and limited skilled labor. The absence of large-scale industrial demand reduces the feasibility of investing in forging facilities.
Infrastructure development and defense modernization policies have driven the metal forging market in Fiji. The government supports local forging companies with grants for technology upgrades and export promotion.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Fiji Metal Forging Market Overview |
3.1 Fiji Country Macro Economic Indicators |
3.2 Fiji Metal Forging Market Revenues & Volume, 2021 & 2031F |
3.3 Fiji Metal Forging Market - Industry Life Cycle |
3.4 Fiji Metal Forging Market - Porter's Five Forces |
3.5 Fiji Metal Forging Market Revenues & Volume Share, By Raw Material, 2021 & 2031F |
3.6 Fiji Metal Forging Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Fiji Metal Forging Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Fiji Metal Forging Market Trends |
6 Fiji Metal Forging Market Segmentations |
6.1 Fiji Metal Forging Market, By Raw Material |
6.1.1 Overview and Analysis |
6.1.2 Fiji Metal Forging Market Revenues & Volume, By Carbon Steel, 2021-2031F |
6.1.3 Fiji Metal Forging Market Revenues & Volume, By Alloy steel, 2021-2031F |
6.1.4 Fiji Metal Forging Market Revenues & Volume, By Aluminum, 2021-2031F |
6.1.5 Fiji Metal Forging Market Revenues & Volume, By Magnesium, 2021-2031F |
6.1.6 Fiji Metal Forging Market Revenues & Volume, By Stainless Steel, 2021-2031F |
6.1.7 Fiji Metal Forging Market Revenues & Volume, By Titanium, 2021-2031F |
6.2 Fiji Metal Forging Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Fiji Metal Forging Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Fiji Metal Forging Market Revenues & Volume, By Aerospace, 2021-2031F |
6.2.4 Fiji Metal Forging Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.2.5 Fiji Metal Forging Market Revenues & Volume, By Construction, 2021-2031F |
6.2.6 Fiji Metal Forging Market Revenues & Volume, By Agriculture, 2021-2031F |
6.2.7 Fiji Metal Forging Market Revenues & Volume, By Others, 2021-2031F |
7 Fiji Metal Forging Market Import-Export Trade Statistics |
7.1 Fiji Metal Forging Market Export to Major Countries |
7.2 Fiji Metal Forging Market Imports from Major Countries |
8 Fiji Metal Forging Market Key Performance Indicators |
9 Fiji Metal Forging Market - Opportunity Assessment |
9.1 Fiji Metal Forging Market Opportunity Assessment, By Raw Material, 2021 & 2031F |
9.2 Fiji Metal Forging Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Fiji Metal Forging Market - Competitive Landscape |
10.1 Fiji Metal Forging Market Revenue Share, By Companies, 2024 |
10.2 Fiji Metal Forging Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |