Market Forecast By Type (Brass Wires, Brass Rods, Brass Strips), By End User (Meshes, Springs, Cables and Wires, Mechanical Fasteners, Rivets, High-strength Welding Suture, Machines, Automotive) And Competitive Landscape
Product Code: ETC426948 | Publication Date: Oct 2022 | Updated Date: Jan 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
Egypt Brass market currently, in 2023, has witnessed an HHI of 2801, Which has increased slightly as compared to the HHI of 1648 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Report Name | Egypt Brass Market |
Forecast Period | 2025-2031 |
CAGR | 6.9% |
Growing Sector | Automotive |
Egypt Brass Market report thoroughly covers the market by type and by end user. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The brass market in Egypt is historically rich and holds a significant position in the country’s economy. Egypt's brass market is known for its quality craftsmanship, especially in decorative items and musical instruments, which are both domestically admired and sought after by international collectors.
According to 6Wresearch, the Egypt Brass Market size is projected to grow at a CAGR of 6.9% during the forecast period 2025-2031. The Egyptian brass market is primarily driven by the tourism sector, local real estate development, and cultural significance of brass artifacts. There is also a growing interest in brass-finished home décor and construction fixtures among urban consumers, which is contributing to the market's expansion. However, the market faces challenges such as competition from cheaper alternatives and the fluctuating prices of raw materials like copper and zinc, which constitute brass. On the other side, the Egypt Brass Market growth is augmenting considerably with some ongoing trends. One of the significant trends is an increase in the export of handcrafted brass items, a revival of antique brass craftsmanship for luxury markets, and growing environmental concerns pushing for more sustainable production practices in the brass industry. These trends are expected to continue and shape the future of the market.
The Egyptian government has launched initiatives to bolster the brass market, including subsidies for materials and support for craftspeople to modernize tools and training. There have also been efforts to protect and promote traditional brass craftsmanship as part of the country's cultural heritage, which includes branding campaigns and international trade agreements aimed at expanding export possibilities.
Renowned for their quality and intricate designs, companies such as the Cairo Brass Company and Luxor Metals. These key players not only contribute to the market's robust economy but also help preserve the rich cultural heritage associated with Egyptian brass craftsmanship.
The Egypt brass industry is poised to align with global sustainability trends, potentially leading to the adoption of eco-friendly materials and processes. Technological advancements in production and improved online retail platforms may also broaden market reach. Moreover, the emphasis on unique, high-quality Egyptian brassware is likely to appeal to a global customer base seeking authenticity and craftsmanship, further propelling market growth.
According to Dhaval, Research Manager, 6Wresearch, brass wires are securing a high demand in the market, driven by the rising demand for electrical and wiring applications, brass wires have become a popular choice due to their durability and conductivity. As the country continues to develop and modernize its infrastructure, there has been an increase in construction projects, leading to higher demand for brass wiring materials.
Based on the end user, the automotive sector is generating a high demand for brass. With the growth of the automotive industry in Egypt, there has been an increased demand for brass components such as meshes, springs, and mechanical fasteners. These components are essential in the production of vehicles and contribute to their overall performance and durability.
The report offers a comprehensive study of the subsequent market segments:
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 Egypt Brass Market Overview |
3.1 Egypt Country Macro Economic Indicators |
3.2 Egypt Brass Market Revenues & Volume, 2021 & 2031F |
3.3 Egypt Brass Market - Industry Life Cycle |
3.4 Egypt Brass Market - Porter's Five Forces |
3.5 Egypt Brass Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Egypt Brass Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Egypt Brass Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Egypt Brass Market Trends |
6 Egypt Brass Market, By Types |
6.1 Egypt Brass Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Egypt Brass Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Egypt Brass Market Revenues & Volume, By Brass Wires, 2021 - 2031F |
6.1.4 Egypt Brass Market Revenues & Volume, By Brass Rods, 2021 - 2031F |
6.1.5 Egypt Brass Market Revenues & Volume, By Brass Strips, 2021 - 2031F |
6.2 Egypt Brass Market, By End User |
6.2.1 Overview and Analysis |
6.2.2 Egypt Brass Market Revenues & Volume, By Meshes, 2021 - 2031F |
6.2.3 Egypt Brass Market Revenues & Volume, By Springs, 2021 - 2031F |
6.2.4 Egypt Brass Market Revenues & Volume, By Cables and Wires, 2021 - 2031F |
6.2.5 Egypt Brass Market Revenues & Volume, By Mechanical Fasteners, 2021 - 2031F |
6.2.6 Egypt Brass Market Revenues & Volume, By Rivets, 2021 - 2031F |
6.2.7 Egypt Brass Market Revenues & Volume, By High-strength Welding Suture, 2021 - 2031F |
6.2.8 Egypt Brass Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.2.9 Egypt Brass Market Revenues & Volume, By Automotive, 2021 - 2031F |
7 Egypt Brass Market Import-Export Trade Statistics |
7.1 Egypt Brass Market Export to Major Countries |
7.2 Egypt Brass Market Imports from Major Countries |
8 Egypt Brass Market Key Performance Indicators |
9 Egypt Brass Market - Opportunity Assessment |
9.1 Egypt Brass Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Egypt Brass Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Egypt Brass Market - Competitive Landscape |
10.1 Egypt Brass Market Revenue Share, By Companies, 2024 |
10.2 Egypt Brass Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |