| Product Code: ETC4656674 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, New Zealand saw continued strong growth in hand tool imports, with China, Germany, Metropolitan France, Taiwan, Province of China, and Japan leading the way. The market remains highly concentrated, with a high Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 stood at 3.88%, indicating a steady increase in demand. Moreover, the impressive growth rate of 10.79% from 2023 to 2024 suggests a promising outlook for the hand tool market in New Zealand.

By 2027, New Zealand's Hand Tool market is forecasted to achieve a stable growth rate of 2.44%, with China leading the Asia region, followed by India, Japan, Australia and South Korea.

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 New Zealand Hand Tool Market Overview |
3.1 New Zealand Country Macro Economic Indicators |
3.2 New Zealand Hand Tool Market Revenues & Volume, 2021 & 2031F |
3.3 New Zealand Hand Tool Market - Industry Life Cycle |
3.4 New Zealand Hand Tool Market - Porter's Five Forces |
3.5 New Zealand Hand Tool Market Revenues & Volume Share Segmentations, 2021 & 2031F |
3.6 New Zealand Hand Tool Market Revenues & Volume Share, By End-Users, 2021 & 2031F |
3.7 New Zealand Hand Tool Market Revenues & Volume Share, By Distribution Channels, 2021 & 2031F |
4 New Zealand Hand Tool Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for DIY projects and home improvement activities |
4.2.2 Growth in the construction industry in New Zealand |
4.2.3 Rising preference for high-quality and durable hand tools |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Intense competition from international hand tool manufacturers |
4.3.3 Economic uncertainties affecting consumer spending on hand tools |
5 New Zealand Hand Tool Market Trends |
6 New Zealand Hand Tool Market Segmentations |
6.1 New Zealand Hand Tool Market Segmentations |
6.1.1 Overview and Analysis |
6.1.2 New Zealand Hand Tool Market Revenues & Volume, By Wrench, 2021-2031F |
6.1.3 New Zealand Hand Tool Market Revenues & Volume, By Plier, 2021-2031F |
6.1.4 New Zealand Hand Tool Market Revenues & Volume, By Screw Drivers, 2021-2031F |
6.1.5 New Zealand Hand Tool Market Revenues & Volume, By Hammers, 2021-2031F |
6.1.6 New Zealand Hand Tool Market Revenues & Volume, By Cable cutter, 2021-2031F |
6.1.7 New Zealand Hand Tool Market Revenues & Volume, By Others, 2021-2031F |
6.2 New Zealand Hand Tool Market, By End-Users |
6.2.1 Overview and Analysis |
6.2.2 New Zealand Hand Tool Market Revenues & Volume, By Professional, 2021-2031F |
6.2.3 New Zealand Hand Tool Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.4 New Zealand Hand Tool Market Revenues & Volume, By DIY, 2021-2031F |
6.3 New Zealand Hand Tool Market, By Distribution Channels |
6.3.1 Overview and Analysis |
6.3.2 New Zealand Hand Tool Market Revenues & Volume, By Online, 2021-2031F |
6.3.3 New Zealand Hand Tool Market Revenues & Volume, By Offline, 2021-2031F |
7 New Zealand Hand Tool Market Import-Export Trade Statistics |
7.1 New Zealand Hand Tool Market Export to Major Countries |
7.2 New Zealand Hand Tool Market Imports from Major Countries |
8 New Zealand Hand Tool Market Key Performance Indicators |
8.1 Average selling price of hand tools in the market |
8.2 Number of new product launches by key players |
8.3 Consumer satisfaction ratings for hand tool brands |
8.4 Adoption rate of innovative features in hand tools |
8.5 Percentage of market share held by local manufacturers |
9 New Zealand Hand Tool Market - Opportunity Assessment |
9.1 New Zealand Hand Tool Market Opportunity Assessment Segmentations, 2021 & 2031F |
9.2 New Zealand Hand Tool Market Opportunity Assessment, By End-Users, 2021 & 2031F |
9.3 New Zealand Hand Tool Market Opportunity Assessment, By Distribution Channels, 2021 & 2031F |
10 New Zealand Hand Tool Market - Competitive Landscape |
10.1 New Zealand Hand Tool Market Revenue Share, By Companies, 2024 |
10.2 New Zealand Hand Tool 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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