| Product Code: ETC5391431 | Publication Date: Nov 2023 | Updated Date: Dec 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Brunei import shipments of iron or steel plaited bands and slings in 2024 continued to be dominated by key exporting countries such as China, Malaysia, USA, Hong Kong, and Denmark. The Herfindahl-Hirschman Index (HHI) indicated a shift from very high concentration in 2023 to high concentration in 2024, suggesting a slightly more diversified import market. However, the industry experienced a significant decline with a Compound Annual Growth Rate (CAGR) of -28.27% from 2020 to 2024. Furthermore, the growth rate in 2024 dropped by -54.93%, reflecting a challenging year for this particular product category in Brunei market.

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 Brunei Iron or Steel Plaited Bands and Slings Market Overview |
3.1 Brunei Country Macro Economic Indicators |
3.2 Brunei Iron or Steel Plaited Bands and Slings Market Revenues & Volume, 2021 & 2031F |
3.3 Brunei Iron or Steel Plaited Bands and Slings Market - Industry Life Cycle |
3.4 Brunei Iron or Steel Plaited Bands and Slings Market - Porter's Five Forces |
3.5 Brunei Iron or Steel Plaited Bands and Slings Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Brunei Iron or Steel Plaited Bands and Slings Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing construction and infrastructure development projects in Brunei leading to increased demand for iron or steel plaited bands and slings. |
4.2.2 Expansion of the manufacturing sector in Brunei driving the need for industrial equipment like plaited bands and slings. |
4.2.3 Increasing focus on workplace safety regulations in Brunei, leading to higher adoption of quality lifting and rigging equipment. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting the production cost of iron or steel plaited bands and slings. |
4.3.2 Competition from alternative materials like synthetic fibers impacting the market for traditional steel plaited bands and slings. |
5 Brunei Iron or Steel Plaited Bands and Slings Market Trends |
6 Brunei Iron or Steel Plaited Bands and Slings Market Segmentations |
6.1 Brunei Iron or Steel Plaited Bands and Slings Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Brunei Iron or Steel Plaited Bands and Slings Market Revenues & Volume, By Construction Engineering, 2021-2031F |
6.1.3 Brunei Iron or Steel Plaited Bands and Slings Market Revenues & Volume, By Residential Decoration, 2021-2031F |
7 Brunei Iron or Steel Plaited Bands and Slings Market Import-Export Trade Statistics |
7.1 Brunei Iron or Steel Plaited Bands and Slings Market Export to Major Countries |
7.2 Brunei Iron or Steel Plaited Bands and Slings Market Imports from Major Countries |
8 Brunei Iron or Steel Plaited Bands and Slings Market Key Performance Indicators |
8.1 Average order value per customer indicating the level of investment in iron or steel plaited bands and slings by businesses in Brunei. |
8.2 Number of new infrastructure projects announced in Brunei correlating with potential demand for iron or steel plaited bands and slings. |
8.3 Percentage of market share held by Brunei-based manufacturers indicating the competitiveness and growth potential of the local industry. |
9 Brunei Iron or Steel Plaited Bands and Slings Market - Opportunity Assessment |
9.1 Brunei Iron or Steel Plaited Bands and Slings Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Brunei Iron or Steel Plaited Bands and Slings Market - Competitive Landscape |
10.1 Brunei Iron or Steel Plaited Bands and Slings Market Revenue Share, By Companies, 2024 |
10.2 Brunei Iron or Steel Plaited Bands and Slings Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
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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