| Product Code: ETC4948875 | 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 |
Despite a slight decrease in growth rate from 2023 to 2024, the New Zealand locks and padlocks import market continued to show steady growth with a notable Compound Annual Growth Rate (CAGR) of 7.85% over the period of 2020-2024. The top exporting countries to New Zealand in 2024 include China, Mexico, Australia, Finland, and Hong Kong, indicating a diverse source of imports. However, the high Herfindahl-Hirschman Index (HHI) suggests a concentrated market, which could have implications for competition and pricing dynamics in the industry.

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 Locks and Padlocks Market Overview |
3.1 New Zealand Country Macro Economic Indicators |
3.2 New Zealand Locks and Padlocks Market Revenues & Volume, 2021 & 2031F |
3.3 New Zealand Locks and Padlocks Market - Industry Life Cycle |
3.4 New Zealand Locks and Padlocks Market - Porter's Five Forces |
3.5 New Zealand Locks and Padlocks Market Revenues & Volume Share Segmentations, 2021 & 2031F |
3.6 New Zealand Locks and Padlocks Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 New Zealand Locks and Padlocks Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing concerns about security and rising crime rates in New Zealand |
4.2.2 Growing construction and real estate activities driving the demand for locks and padlocks |
4.2.3 Adoption of advanced technologies such as smart locks and biometric security systems |
4.3 Market Restraints |
4.3.1 High competition from international lock and padlock manufacturers |
4.3.2 Economic fluctuations impacting consumer spending on security products |
4.3.3 Price sensitivity of consumers towards premium lock and padlock products |
5 New Zealand Locks and Padlocks Market Trends |
6 New Zealand Locks and Padlocks Market Segmentations |
6.1 New Zealand Locks and Padlocks Market Segmentations |
6.1.1 Overview and Analysis |
6.1.2 New Zealand Locks and Padlocks Market Revenues & Volume, By Open with Key, 2021-2031F |
6.1.3 New Zealand Locks and Padlocks Market Revenues & Volume, By Open with Password, 2021-2031F |
6.2 New Zealand Locks and Padlocks Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 New Zealand Locks and Padlocks Market Revenues & Volume, By Household, 2021-2031F |
6.2.3 New Zealand Locks and Padlocks Market Revenues & Volume, By Industry, 2021-2031F |
6.2.4 New Zealand Locks and Padlocks Market Revenues & Volume, By Commercial, 2021-2031F |
7 New Zealand Locks and Padlocks Market Import-Export Trade Statistics |
7.1 New Zealand Locks and Padlocks Market Export to Major Countries |
7.2 New Zealand Locks and Padlocks Market Imports from Major Countries |
8 New Zealand Locks and Padlocks Market Key Performance Indicators |
8.1 Number of new residential and commercial construction projects |
8.2 Crime rates and security incidents in key regions of New Zealand |
8.3 Adoption rate of smart lock and biometric security systems in households and businesses |
9 New Zealand Locks and Padlocks Market - Opportunity Assessment |
9.1 New Zealand Locks and Padlocks Market Opportunity Assessment Segmentations, 2021 & 2031F |
9.2 New Zealand Locks and Padlocks Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 New Zealand Locks and Padlocks Market - Competitive Landscape |
10.1 New Zealand Locks and Padlocks Market Revenue Share, By Companies, 2024 |
10.2 New Zealand Locks and Padlocks 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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