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Metal Stamping & Forging in Ontario

Author.Name IBISWorld Canada Last Updated: March 2025 NAICS ON33211CA

Metal Stamping & Forging in Ontario industry analysis

Revenue for the Metal Stamping & Forging industry in Ontario is expected to decline an annualized -x.x% to $x.x million over the five years to 2025, while revenue for the national industry will likely grow at x.x% during the same period. The number of industry establishments has decreased an annualized -x.x% to xxx locations over the past five years. Industry employment has decreased an annualized -x.x% to x,xxx workers during the period, while industry wages have decreased an annualized -x.x% to $x.x million.

Over the five years to 2030, provincial industry revenue is expected to decline an annualized -x.x% to $x.x million, while revenue for the national industry will likely grow x.x%. The number of industry establishments is forecast to decline -x% to xxx locations over the next five years. Industry employment is expected to decrease an annualized -x.x% to x,xxx workers during the outlook period, while industry wages likely decrease -x% to $x.x million.

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About the Metal Stamping & Forging in Ontario Market Research Report

What’s Included in the Metal Stamping & Forging in Ontario Market Research Report

Definition of the Metal Stamping & Forging in Ontario?

The industry produces stamped and forged metal products. Stamped metal products are shaped under a press, whereas forged metal products are shaped by a localized compressive force. However, this industry does not stamp automotive products, cans or coins.

What’s included in the Metal Stamping & Forging in Ontario?

The Metal Stamping & Forging in Ontario includes nonautomotive stamping, custom roll-formed products, powder metallurgy, ferrous metal forging and nonferrous metal forging. Related terms covered in the Metal Stamping & Forging in Ontario industry report includes a manufacturer that produces products or components that are purchased by a company and retailed under the purchasing company's brand name, includes a variety of sheet-metal forming manufacturing processes, such as punching with a machine press or stamping press and shaping metal by using localized compressive forces.

Industry Performance of the Metal Stamping & Forging industry in Ontario

Benchmark the Metal Stamping & Forging in Ontario industry performance with all ON Census Metropolitan Area and national performance.

Metal Stamping & Forging in Ontario

#1 in Highest Revenue 34.3% of province's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Metal Stamping & Forging in Canada


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Metal Stamping & Forging industry in Ontario

See how key industry drivers, such as gross domestic product, private investment in non-residential construction, bachelorsed, industrial capacity utilization, value of machinery and equipment and price of canadian oil are impacting Metal Stamping & Forging in Ontario

Ontario Economic Indicators

Gross Domestic Product
Private Investment in Non-Residential Construction
BachelorsEd

View more economic information in ON State Economic profile

Canada Key External Drivers

Industrial capacity utilization
Value of machinery and equipment
Price of Canadian oil

For the full list of industry drivers, see report purchase options.

Census Metropolitan Area Data of the Metal Stamping & Forging industry in Ontario

Access proprietary data on Census Metropolitan Area in the Metal Stamping & Forging in Ontario, such as Toronto, Hamilton and Kitchener - Cambridge - Waterloo. Data includes figures on revenue, establishments, employees and wages by Census Metropolitan Areas.

Key Statistics of the Metal Stamping & Forging industry in Ontario

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Metal Stamping & Forging industry in Ontario in 2025?

The market size of the Metal Stamping & Forging industry in Ontario is $754.0m in 2025.

How many businesses are there in the Metal Stamping & Forging industry in Ontario in 2025?

There are 146 businesses in the Metal Stamping & Forging industry in Ontario, which has been declining at an average annual rate of -2.3% from 2020 to 2025.

Has the Metal Stamping & Forging industry in Ontario grown or declined over the past 5 years?

The market size of the Metal Stamping & Forging industry in Ontario has been declining at an average annual rate of -2.8% from 2020 to 2025.

How many employees in the Metal Stamping & Forging industry in Ontario in 2025?

There are 1,825 employees in the Metal Stamping & Forging industry in Ontario, which has been declining at an average annual rate of -6.2% from 2020 to 2025.