Sheet Metal Market Size

Sheet Metal Market size was over USD 436.97 billion in 2024 and is anticipated to cross USD 721.07 billion by the end of 2037, witnessing more than 4.1% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of sheet metal is estimated at USD 450.95 billion.

The primary factor that is attributed for the growth of the sheet metal market is the expansion of manufacturing industry, along with its usage in various manufacturing processes owing to its great advantages. The recent sources revealed that in 2022, the manufacturing industry of the United States region generated an amount of approximately USD 6 trillion.

The rapid industrialization and urbanization has propelled the adoption rate of sheet metal in varied manufacturing processes. The great advantages of the sheet metal including, high durability, easy usability, great finishing and others have made the sheet metal a preferred option over other components in the manufacturing industry for manufacturing various products. Thus, an increase in number of manufacturing businesses is forecasted to augment to bring in lucrative opportunities in the upcoming years. A latest report published stated that in 2022, the number of manufacturing businesses in the United States counted to be 720,000, an increase of 4% from 2021.