| Product Code: ETC425144 | Publication Date: Oct 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In the South Africa metal forming market, the import trend showed significant growth from 2023 to 2024, with a growth rate of 88.67%. The compound annual growth rate (CAGR) for imports from 2020 to 2024 stood at 10.79%. This surge in import momentum can be attributed to increased demand for metal forming products in the region, reflecting a positive market stability and evolving trade dynamics.
The metal forming market in South Africa is experiencing growth owing to increased manufacturing activities. Metal forming techniques like rolling, bending, and stamping are essential for shaping metal into desired configurations for diverse industrial applications.
The South Africa Metal Forming Market is primarily driven by the expansion of automotive and construction industries, which require complex-shaped metal components. The market growth is also supported by technological advancements in metal forming techniques, enhancing production efficiency and reducing costs.
The South Africa Metal Forming Market confronts challenges related to technological advancements and skilled labor availability. To stay competitive, manufacturers must invest in modern forming technologies and automation, which require substantial capital investment and specialized expertise. Additionally, the shortage of skilled workers in the metal forming industry exacerbates operational challenges and affects productivity.
In the South African metal forming market, government policies are focused on promoting technological innovation, enhancing productivity, and ensuring environmental sustainability. These policies include funding for research and development in metal forming technologies, incentives for companies that adopt energy-efficient processes, and regulations that promote the recycling and reuse of metal materials. The government also supports skills development in the sector to enhance the competitiveness of South African manufacturers in both domestic and international markets.
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 South Africa Metal Forming Market Overview |
3.1 South Africa Country Macro Economic Indicators |
3.2 South Africa Metal Forming Market Revenues & Volume, 2021 & 2031F |
3.3 South Africa Metal Forming Market - Industry Life Cycle |
3.4 South Africa Metal Forming Market - Porter's Five Forces |
3.5 South Africa Metal Forming Market Revenues & Volume Share, By Technique Type, 2021 & 2031F |
3.6 South Africa Metal Forming Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 South Africa Metal Forming Market Revenues & Volume Share, By Electric & Hybrid Vehicle Type, 2021 & 2031F |
3.8 South Africa Metal Forming Market Revenues & Volume Share, By ICE Vehicle Type, 2021 & 2031F |
3.9 South Africa Metal Forming Market Revenues & Volume Share, By Forming Type, 2021 & 2031F |
3.10 South Africa Metal Forming Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
4 South Africa Metal Forming Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight materials in automotive and aerospace industries |
4.2.2 Growing infrastructure development projects in South Africa |
4.2.3 Technological advancements in metal forming processes |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Intense competition from international metal forming companies |
4.3.3 Regulatory challenges related to environmental impact and safety standards |
5 South Africa Metal Forming Market Trends |
6 South Africa Metal Forming Market, By Types |
6.1 South Africa Metal Forming Market, By Technique Type |
6.1.1 Overview and Analysis |
6.1.2 South Africa Metal Forming Market Revenues & Volume, By Technique Type, 2021-2031F |
6.1.3 South Africa Metal Forming Market Revenues & Volume, By Roll Forming, 2021-2031F |
6.1.4 South Africa Metal Forming Market Revenues & Volume, By Stretch Forming, 2021-2031F |
6.1.5 South Africa Metal Forming Market Revenues & Volume, By Stamping, 2021-2031F |
6.1.6 South Africa Metal Forming Market Revenues & Volume, By Deep Drawing, 2021-2031F |
6.1.7 South Africa Metal Forming Market Revenues & Volume, By Hydroforming, 2021-2031F |
6.1.8 South Africa Metal Forming Market Revenues & Volume, By Others, 2021-2031F |
6.2 South Africa Metal Forming Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 South Africa Metal Forming Market Revenues & Volume, By BIW, 2021-2031F |
6.2.3 South Africa Metal Forming Market Revenues & Volume, By Chassis, 2021-2031F |
6.2.4 South Africa Metal Forming Market Revenues & Volume, By Closures, 2021-2031F |
6.2.5 South Africa Metal Forming Market Revenues & Volume, By Others, 2021-2031F |
6.3 South Africa Metal Forming Market, By Electric & Hybrid Vehicle Type |
6.3.1 Overview and Analysis |
6.3.2 South Africa Metal Forming Market Revenues & Volume, By Fuel Cell Electric Vehicle (FCEV), 2021-2031F |
6.3.3 South Africa Metal Forming Market Revenues & Volume, By Plug-in Hybrid Electric Vehicle (PHEV), 2021-2031F |
6.3.4 South Africa Metal Forming Market Revenues & Volume, By Battery Electric Vehicle (BEV), 2021-2031F |
6.4 South Africa Metal Forming Market, By ICE Vehicle Type |
6.4.1 Overview and Analysis |
6.4.2 South Africa Metal Forming Market Revenues & Volume, By Passenger Car, 2021-2031F |
6.4.3 South Africa Metal Forming Market Revenues & Volume, By LCV, 2021-2031F |
6.4.4 South Africa Metal Forming Market Revenues & Volume, By Truck, 2021-2031F |
6.4.5 South Africa Metal Forming Market Revenues & Volume, By Bus, 2021-2031F |
6.5 South Africa Metal Forming Market, By Forming Type |
6.5.1 Overview and Analysis |
6.5.2 South Africa Metal Forming Market Revenues & Volume, By Cold Forming, 2021-2031F |
6.5.3 South Africa Metal Forming Market Revenues & Volume, By Hot Forming, 2021-2031F |
6.5.4 South Africa Metal Forming Market Revenues & Volume, By Warm Forming, 2021-2031F |
6.6 South Africa Metal Forming Market, By Material Type |
6.6.1 Overview and Analysis |
6.6.2 South Africa Metal Forming Market Revenues & Volume, By Steel, 2021-2031F |
6.6.3 South Africa Metal Forming Market Revenues & Volume, By Aluminum, 2021-2031F |
6.6.4 South Africa Metal Forming Market Revenues & Volume, By Magnesium, 2021-2031F |
6.6.5 South Africa Metal Forming Market Revenues & Volume, By Others, 2021-2031F |
7 South Africa Metal Forming Market Import-Export Trade Statistics |
7.1 South Africa Metal Forming Market Export to Major Countries |
7.2 South Africa Metal Forming Market Imports from Major Countries |
8 South Africa Metal Forming Market Key Performance Indicators |
8.1 Percentage of revenue from new lightweight material applications |
8.2 Number of infrastructure projects incorporating metal forming solutions |
8.3 Adoption rate of advanced metal forming technologies in the market |
9 South Africa Metal Forming Market - Opportunity Assessment |
9.1 South Africa Metal Forming Market Opportunity Assessment, By Technique Type, 2021 & 2031F |
9.2 South Africa Metal Forming Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 South Africa Metal Forming Market Opportunity Assessment, By Electric & Hybrid Vehicle Type, 2021 & 2031F |
9.4 South Africa Metal Forming Market Opportunity Assessment, By ICE Vehicle Type, 2021 & 2031F |
9.5 South Africa Metal Forming Market Opportunity Assessment, By Forming Type, 2021 & 2031F |
9.6 South Africa Metal Forming Market Opportunity Assessment, By Material Type, 2021 & 2031F |
10 South Africa Metal Forming Market - Competitive Landscape |
10.1 South Africa Metal Forming Market Revenue Share, By Companies, 2024 |
10.2 South Africa Metal Forming Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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