Metal Structures & Iron Products Manufacturing in Mexico - Market Research Report (2009-2024)
New York, United States
Last Updated: May 2019
NAICS 33231MXRevenue
$68.1bn
Past 5-Year Growth
Profit
$X.Xbn
Employees
171k
Businesses
53,756
Wages
$X.Xbn
Metal Structures & Iron Products Manufacturing in Mexico industry analysis
The Metal Structures and Iron Products Manufacturing industry in Mexico has tamed much of the revenue volatility it experienced in the past; however, the industry has grown at a dampened pace over the five years to 2019. Operators in this industry are primarily engaged in the manufacturing of metal products for structural and architectural purposes. Products produced by the industry include reinforcing bars, bar joists, towers, bridge sections, metal plates, windows, doors, gates, fire escapes, stairs and prefabricated metal buildings such as silos and warehouses. The industry's product range is vast and diverse with many potential downstream industries purchasing these products for a variety of different projects. As a result, the performance of the industry is reliant on the general growth of the economy and its outlook, which drives investment in construction projects that bolster demand. The industry is affected by interest rates that foment investments and exchange rates that can affect trade patterns. The rise of exports to the United States and increasing domestic demand has promoted growth in the industry. However, construction declines in certain sectors, such as transportation and utilities, have limited demand. Over the five years to 2019, the industry is expected to grow an annualized 0.9% to MXN $68.1 billion, including expected growth of 1.2% in 2019 alone as the value of residential and nonresidential construction grows.
Industry Overview
Market size and recent performance (2009-2024)
Industry revenue has grown at a CAGR of 0.9% over the past five years, to reach an estimated $68.1bn in 2019.
Trends and Insights
- The industry is affected by interest rates that foment investments and exchange rates that can affect trade patterns
- Additional trends and insights available with purchase
Biggest companies in the Metal Structures & Iron Products Manufacturing in Mexico
| Company
2019 | Market Share (%)
2019 | Revenue ($m)
2019 | Profit ($m)
2019 | Profit Margin (%)
2019 |
|---|---|---|---|---|
Mabasa | ||||
Esacero SA de CV | ||||
Grupo Baysa SA de CV |
To view the market share and analysis for all 4 top companies in this industry, view purchase options.
Products & Services Segmentation
Industry revenue is measured across several distinct product and services lines, including Architectural and ornamental metal, Metal doors and Sheet metals. Architectural and ornamental metal is the largest segment of the Metal Structures & Iron Products Manufacturing in Mexico.
Trends and Insights
• Metals used in building construction, such as doors, sheet metals and ornamental metal, are expected to account for the largest product segment in the Metal Structures and Iron Products Manufacturing industry in Mexico in 2019.
- More insights available in the full report
Widen you competitive advantage with related industries
Related Domestic Industries
- Companies in this industry manufacture pig iron, steel and ferroalloys.
- Companies in this industry manufacture a variety of other miscellaneous metal products such as guns, valves and ball bearings.
- Companies in this industry manufacture parts used in machines such as nuts, bolts and screws.
Table of Contents
About this industry
Industry definition
The Metal Structures and Iron Products Manufacturing industry in Mexico has tamed much of the revenue volatility it experienced in the past; however, the industry has grown at a dampened pace over the five years to 2019. Operators in this industry are primarily engaged in the manufacturing of metal products for structural and architectural purposes. Products produced by the industry include reinforcing bars, bar joists, towers, bridge sections, metal plates, windows, doors, gates, fire escapes, stairs and prefabricated metal buildings such as silos and warehouses. The industry's product range is vast and diverse with many potential downstream industries purchasing these products for a variety of different projects. As a result, the performance of the industry is reliant on the general growth of the economy and its outlook, which drives investment in construction projects that bolster demand. The industry is affected by interest rates that foment investments and exchange rates that can affect trade patterns. The rise of exports to the United States and increasing domestic demand has promoted growth in the industry. However, construction declines in certain sectors, such as transportation and utilities, have limited demand. Over the five years to 2019, the industry is expected to grow an annualized 0.9% to MXN $68.1 billion, including expected growth of 1.2% in 2019 alone as the value of residential and nonresidential construction grows.
What's included in this industry?
Manufacturing metal plate work products (e.g. culverts and casings)Manufacturing prefabricated metal buildings and sectionsManufacturing structural metal products (e.g. railway sections and dam gates)Manufacturing metal windows and window framesManufacturing metal doorsManufacturing ornamental metal workManufacturing architectural metal workManufacturing fabricated bar joists and reinforcing barsArchitectural and ornamental metalMetal doorsSheet metalsStructural metal productsMetal plate productsPrefabricated metal buildingsCompanies
MabasaEsacero SA de CVGrupo Baysa SA de CVPurchase this report to view all 4 major companies in this industry.
Related Terms
COMPUTER-AIDED DESIGN (CAD)JOISTMETAL STAMPINGREINFORCING BAR (REBAR)Industry Code
NAICS 33231MX - Metal Structures & Iron Products Manufacturing in Mexico
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
Value of nonresidential construction. The value of nonresidential construction is representative of the country's performance in the construction sectors. Growth in the value ...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2009-2018) and forecast (2019-2024)
- Employees, including historical (2009-2018) and forecast (2019-2024)
- Businesses, including historical (2009-2018) and forecast (2019-2024)
- Profit, including historical (2009-2019)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
• Metals used in building construction, such as doors, sheet metals and ornamental metal, are expected to account for the largest product segment in the Metal Structures ...
In this chapter
- Products & Services
- Major Markets
Key metrics
- Largest market segment and value in 2019
- Product innovation level
Charts
- Products & services segmentation in 2019
- Major market segmentation in 2019
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
Operators in the Metal Structures and Iron Products Manufacturing industry in Mexico tend to locate their establishments close to upstream suppliers and downstream industries....
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each region
- Share of population compared to establishments in each region in 2019
Tables
- Number and share of establishments in each region in 2019
- Number and share of revenue each region accounts for in 2019
- Number and share of wages each region accounts for in 2019
- Number and share of employees in each region in 2019
Detailed analysis
- Geographic spread of the industry across North America, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
Ability to pass on cost increases. The ability to pass on cost movements is important to maintain profitability and competitiveness because raw materials represent are the lar...
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2014-2019
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
Mabasa is headquartered in Mexico's federal district and offers a variety of services and manufactures steel products. The company's manufacturing focus is on prefabricated me...
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2015 through 2019
- Major companies in the industry, including market share, revenue, profit and profit margin in 2019
- Overview of Mabasa's performance by revenue, market share and profit margin from 2013 through 2019
- Overview of Esacero SA de CV's performance by revenue, market share and profit margin from 2013 through 2019
- Overview of Grupo Baysa SA de CV's performance by revenue, market share and profit margin from 2013 through 2019
- Overview of revenue, market share and profit margin trend for one additional company
Detailed analysis
- Description and key data for Mabasa, and factors influencing its performance in the industry
- Description and key data for Esacero SA de CV, and factors influencing its performance in the industry
- Description and key data for Grupo Baysa SA de CV, and factors influencing its performance in the industry
- Description, key data and performance trends for one additional company
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
The Metal Structures and Iron Products Manufacturing industry in Mexico is subject to a moderate level of regulations that are expected to remain stable over the five years to...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
Detailed analysis
- Demographic and macroeconomic factors influencing the industry
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2009-2024)
- IVA (2009-2024)
- Establishments (2009-2024)
- Enterprises (2009-2024)
- Employment (2009-2024)
- Exports (2009-2024)
- Imports (2009-2024)
- Wages (2009-2024)
Methodology
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Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
What data sources do IBISWorld analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources globally include:
- United Nations Comtrade
- Organization for Economic Cooperation & Development
- World Bank
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
How does IBISWorld forecast its data?
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
Learn more about our methodology and data sourcing on the Help Center.
Frequently Asked Questions
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the estimated market size of the Metal Structures & Iron Products Manufacturing industry in Mexico in 2019?
The market size of the Metal Structures & Iron Products Manufacturing industry in Mexico is $68.1bn in 2019.
How many businesses are there in the Metal Structures & Iron Products Manufacturing in Mexico industry in 2019?
There are 53,756 businesses in the Metal Structures & Iron Products Manufacturing industry in Mexico, which has declined at a CAGR of 0.2% between 2014 and 2019.
Has the Metal Structures & Iron Products Manufacturing industry in Mexico grown or declined over the past 5 years?
The market size of the Metal Structures & Iron Products Manufacturing industry in Mexico has been at a CAGR of 0.9% between 2014 and 2019.
What is the forecast growth of the Metal Structures & Iron Products Manufacturing industry in Mexico over the next 5 years?
The Metal Structures & Iron Products Manufacturing in Mexico market is forecast to over the five years from 2019 to 2024
What are the biggest companies in the Metal Structures & Iron Products Manufacturing market in Mexico?
The biggest companies operating in the Metal Structures & Iron Products Manufacturing market in Mexico are Mabasa, Esacero SA de CV and Grupo Baysa SA de CV
What does the Metal Structures & Iron Products Manufacturing in Mexico include?
Manufacturing metal plate work products (e.g. culverts and casings) and Manufacturing prefabricated metal buildings and sections are part of the Metal Structures & Iron Products Manufacturing industry.
Which companies have the highest market share in the Metal Structures & Iron Products Manufacturing in Mexico?
The company holding the most market share in Mexico is Mabasa.
How many people are/were employed in the Metal Structures & Iron Products Manufacturing in Mexico in 2019?
There are 171k employed in the Metal Structures & Iron Products Manufacturing industry in Mexico 2019.
