Vietnam Metal Forming Market (2025-2031) Outlook | Revenue, Share, Forecast, Analysis, Size, Growth, Industry, Trends, Value & Companies

Market Forecast By Technique Type (Roll Forming, Stretch Forming, Stamping, Deep Drawing, Hydroforming, Others), By Application (BIW, Chassis, Closures, Others), By Electric & Hybrid Vehicle Type (Fuel Cell Electric Vehicle (FCEV), Plug-in Hybrid Electric Vehicle (PHEV), Battery Electric Vehicle (BEV)), By ICE Vehicle Type (Passenger Car, LCV, Truck, Bus), By Forming Type (Cold Forming, Hot Forming, Warm Forming), By Material Type (Steel, Aluminum, Magnesium, Others) And Competitive Landscape
Product Code: ETC425126 Publication Date: Jul 2023 Updated Date: Aug 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Ravi Bhandari No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

Vietnam Metal Forming Market Size Growth Rate


The Vietnam Metal Forming Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at 13.37% in 2025, the market peaks at 15.21% in 2028, and settles at 13.86% by 2029.

Vietnam Metal Forming Market Growth Rate

Metal Forming Market: Vietnam vs Top 5 Major Economies in 2027 (Asia)


In the Asia region, the Metal Forming market in Vietnam is projected to expand at a exponential growth rate of 15.19% by 2027. The largest economy is China, followed by India, Japan, Australia and South Korea.

Metal Forming Market: Vietnam vs Top 5 Major Economies in 2027 (Asia)

Vietnam Metal Forming Market Synopsis

The Vietnam Metal Forming market encompasses a wide range of processes, including forging, stamping, and machining, to shape metal into various components. This market is essential for supporting the country`s manufacturing activities across multiple sectors. With the growth of manufacturing industries in Vietnam, the metal forming market is evolving to meet the demand for precision-engineered components.

Drivers of the Market

The Vietnam Metal Forming market is growing due to the country`s expanding manufacturing base. Metal forming processes are integral to producing various components for automotive, aerospace, and machinery industries. The market benefits from the increasing demand for complex and lightweight metal components, driven by advancements in technology and evolving consumer preferences.

Challenges of the Market

In the Vietnam Metal Forming Market, challenges include the need to invest in modern and efficient machinery to meet diverse customer demands. The shortage of skilled labor proficient in metal forming techniques is also a hurdle. Moreover, the market is sensitive to fluctuations in the automotive and aerospace industries, which are key consumers of metal-formed products.

COVID-19 Impact on the Market

The COVID-19 pandemic disrupted the Vietnam metal forming market, primarily affecting industries like automotive and aerospace. Lockdowns and travel restrictions led to reduced production and demand for metal-formed components. The market`s recovery was closely tied to the resurgence of these industries, which gradually picked up momentum as vaccination campaigns progressed and global markets stabilized.

Key Players in the Market

Leading the Vietnam metal forming market are companies such as Formosa Plastics Group, Hoa Sen Group, and Viet Nhat Steel Joint Stock Company. These companies excel in metal forming processes, producing a wide range of products for various industries. Their modern manufacturing facilities, focus on research and development, and commitment to quality have solidified their positions as top players in the metal forming sector.

Key Highlights of the Report:

  • Vietnam Metal Forming Market Outlook
  • Market Size of Vietnam Metal Forming Market, 2024
  • Forecast of Vietnam Metal Forming Market, 2031
  • Historical Data and Forecast of Vietnam Metal Forming Revenues & Volume for the Period 2021-2031
  • Vietnam Metal Forming Market Trend Evolution
  • Vietnam Metal Forming Market Drivers and Challenges
  • Vietnam Metal Forming Price Trends
  • Vietnam Metal Forming Porter's Five Forces
  • Vietnam Metal Forming Industry Life Cycle
  • Historical Data and Forecast of Vietnam Metal Forming Market Revenues & Volume By Technique Type for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Metal Forming Market Revenues & Volume By Roll Forming for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Metal Forming Market Revenues & Volume By Stretch Forming for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Metal Forming Market Revenues & Volume By Stamping for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Metal Forming Market Revenues & Volume By Deep Drawing for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Metal Forming Market Revenues & Volume By Hydroforming for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Metal Forming Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Metal Forming Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Metal Forming Market Revenues & Volume By BIW for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Metal Forming Market Revenues & Volume By Chassis for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Metal Forming Market Revenues & Volume By Closures for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Metal Forming Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Metal Forming Market Revenues & Volume By Electric & Hybrid Vehicle Type for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Metal Forming Market Revenues & Volume By Fuel Cell Electric Vehicle (FCEV) for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Metal Forming Market Revenues & Volume By Plug-in Hybrid Electric Vehicle (PHEV) for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Metal Forming Market Revenues & Volume By Battery Electric Vehicle (BEV) for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Metal Forming Market Revenues & Volume By ICE Vehicle Type for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Metal Forming Market Revenues & Volume By Passenger Car for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Metal Forming Market Revenues & Volume By LCV for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Metal Forming Market Revenues & Volume By Truck for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Metal Forming Market Revenues & Volume By Bus for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Metal Forming Market Revenues & Volume By Forming Type for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Metal Forming Market Revenues & Volume By Cold Forming for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Metal Forming Market Revenues & Volume By Hot Forming for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Metal Forming Market Revenues & Volume By Warm Forming for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Metal Forming Market Revenues & Volume By Material Type for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Metal Forming Market Revenues & Volume By Steel for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Metal Forming Market Revenues & Volume By Aluminum for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Metal Forming Market Revenues & Volume By Magnesium for the Period 2021-2031
  • Historical Data and Forecast of Vietnam Metal Forming Market Revenues & Volume By Others for the Period 2021-2031
  • Vietnam Metal Forming Import Export Trade Statistics
  • Market Opportunity Assessment By Technique Type
  • Market Opportunity Assessment By Application
  • Market Opportunity Assessment By Electric & Hybrid Vehicle Type
  • Market Opportunity Assessment By ICE Vehicle Type
  • Market Opportunity Assessment By Forming Type
  • Market Opportunity Assessment By Material Type
  • Vietnam Metal Forming Top Companies Market Share
  • Vietnam Metal Forming Competitive Benchmarking By Technical and Operational Parameters
  • Vietnam Metal Forming Company Profiles
  • Vietnam Metal Forming Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Vietnam Metal Forming Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Vietnam Metal Forming Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Vietnam Metal Forming Market Overview

3.1 Vietnam Country Macro Economic Indicators

3.2 Vietnam Metal Forming Market Revenues & Volume, 2021 & 2031F

3.3 Vietnam Metal Forming Market - Industry Life Cycle

3.4 Vietnam Metal Forming Market - Porter's Five Forces

3.5 Vietnam Metal Forming Market Revenues & Volume Share, By Technique Type, 2021 & 2031F

3.6 Vietnam Metal Forming Market Revenues & Volume Share, By Application, 2021 & 2031F

3.7 Vietnam Metal Forming Market Revenues & Volume Share, By Electric & Hybrid Vehicle Type, 2021 & 2031F

3.8 Vietnam Metal Forming Market Revenues & Volume Share, By ICE Vehicle Type, 2021 & 2031F

3.9 Vietnam Metal Forming Market Revenues & Volume Share, By Forming Type, 2021 & 2031F

3.10 Vietnam Metal Forming Market Revenues & Volume Share, By Material Type, 2021 & 2031F

4 Vietnam 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 investments in infrastructure development projects

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 foreign metal forming companies

4.3.3 Environmental regulations impacting manufacturing processes

5 Vietnam Metal Forming Market Trends

6 Vietnam Metal Forming Market, By Types

6.1 Vietnam Metal Forming Market, By Technique Type

6.1.1 Overview and Analysis

6.1.2 Vietnam Metal Forming Market Revenues & Volume, By Technique Type, 2021-2031F

6.1.3 Vietnam Metal Forming Market Revenues & Volume, By Roll Forming, 2021-2031F

6.1.4 Vietnam Metal Forming Market Revenues & Volume, By Stretch Forming, 2021-2031F

6.1.5 Vietnam Metal Forming Market Revenues & Volume, By Stamping, 2021-2031F

6.1.6 Vietnam Metal Forming Market Revenues & Volume, By Deep Drawing, 2021-2031F

6.1.7 Vietnam Metal Forming Market Revenues & Volume, By Hydroforming, 2021-2031F

6.1.8 Vietnam Metal Forming Market Revenues & Volume, By Others, 2021-2031F

6.2 Vietnam Metal Forming Market, By Application

6.2.1 Overview and Analysis

6.2.2 Vietnam Metal Forming Market Revenues & Volume, By BIW, 2021-2031F

6.2.3 Vietnam Metal Forming Market Revenues & Volume, By Chassis, 2021-2031F

6.2.4 Vietnam Metal Forming Market Revenues & Volume, By Closures, 2021-2031F

6.2.5 Vietnam Metal Forming Market Revenues & Volume, By Others, 2021-2031F

6.3 Vietnam Metal Forming Market, By Electric & Hybrid Vehicle Type

6.3.1 Overview and Analysis

6.3.2 Vietnam Metal Forming Market Revenues & Volume, By Fuel Cell Electric Vehicle (FCEV), 2021-2031F

6.3.3 Vietnam Metal Forming Market Revenues & Volume, By Plug-in Hybrid Electric Vehicle (PHEV), 2021-2031F

6.3.4 Vietnam Metal Forming Market Revenues & Volume, By Battery Electric Vehicle (BEV), 2021-2031F

6.4 Vietnam Metal Forming Market, By ICE Vehicle Type

6.4.1 Overview and Analysis

6.4.2 Vietnam Metal Forming Market Revenues & Volume, By Passenger Car, 2021-2031F

6.4.3 Vietnam Metal Forming Market Revenues & Volume, By LCV, 2021-2031F

6.4.4 Vietnam Metal Forming Market Revenues & Volume, By Truck, 2021-2031F

6.4.5 Vietnam Metal Forming Market Revenues & Volume, By Bus, 2021-2031F

6.5 Vietnam Metal Forming Market, By Forming Type

6.5.1 Overview and Analysis

6.5.2 Vietnam Metal Forming Market Revenues & Volume, By Cold Forming, 2021-2031F

6.5.3 Vietnam Metal Forming Market Revenues & Volume, By Hot Forming, 2021-2031F

6.5.4 Vietnam Metal Forming Market Revenues & Volume, By Warm Forming, 2021-2031F

6.6 Vietnam Metal Forming Market, By Material Type

6.6.1 Overview and Analysis

6.6.2 Vietnam Metal Forming Market Revenues & Volume, By Steel, 2021-2031F

6.6.3 Vietnam Metal Forming Market Revenues & Volume, By Aluminum, 2021-2031F

6.6.4 Vietnam Metal Forming Market Revenues & Volume, By Magnesium, 2021-2031F

6.6.5 Vietnam Metal Forming Market Revenues & Volume, By Others, 2021-2031F

7 Vietnam Metal Forming Market Import-Export Trade Statistics

7.1 Vietnam Metal Forming Market Export to Major Countries

7.2 Vietnam Metal Forming Market Imports from Major Countries

8 Vietnam Metal Forming Market Key Performance Indicators

8.1 Adoption rate of advanced metal forming technologies

8.2 Percentage of revenue allocated to research and development in the metal forming sector

8.3 Number of new infrastructure projects using metal forming products and services

8.4 Energy efficiency improvements in metal forming processes

8.5 Compliance rate with environmental regulations in the metal forming industry

9 Vietnam Metal Forming Market - Opportunity Assessment

9.1 Vietnam Metal Forming Market Opportunity Assessment, By Technique Type, 2021 & 2031F

9.2 Vietnam Metal Forming Market Opportunity Assessment, By Application, 2021 & 2031F

9.3 Vietnam Metal Forming Market Opportunity Assessment, By Electric & Hybrid Vehicle Type, 2021 & 2031F

9.4 Vietnam Metal Forming Market Opportunity Assessment, By ICE Vehicle Type, 2021 & 2031F

9.5 Vietnam Metal Forming Market Opportunity Assessment, By Forming Type, 2021 & 2031F

9.6 Vietnam Metal Forming Market Opportunity Assessment, By Material Type, 2021 & 2031F

10 Vietnam Metal Forming Market - Competitive Landscape

10.1 Vietnam Metal Forming Market Revenue Share, By Companies, 2024

10.2 Vietnam Metal Forming Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

Export potential assessment - trade Analytics for 2030

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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