| Product Code: ETC5393760 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, New Zealand continued to rely on imports for manual socket wrenches, with top exporting countries being China, Taiwan, USA, Australia, and Germany. Despite high concentration with a high Herfindahl-Hirschman Index (HHI), the industry showed a healthy Compound Annual Growth Rate (CAGR) of 10.33% from 2020 to 2024. However, there was a slight decline in growth rate from 2023 to 2024 at -5.47%, indicating a potential slowdown in the market. The competitive landscape and market dynamics will be crucial factors to monitor for future import trends in the New Zealand 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 New Zealand Manual Socket Wrench Market Overview |
3.1 New Zealand Country Macro Economic Indicators |
3.2 New Zealand Manual Socket Wrench Market Revenues & Volume, 2021 & 2031F |
3.3 New Zealand Manual Socket Wrench Market - Industry Life Cycle |
3.4 New Zealand Manual Socket Wrench Market - Porter's Five Forces |
3.5 New Zealand Manual Socket Wrench Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 New Zealand Manual Socket Wrench Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 New Zealand Manual Socket Wrench Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for DIY projects and home improvement activities in New Zealand |
4.2.2 Growth in the automotive industry leading to higher demand for manual socket wrenches |
4.2.3 Rising awareness about the importance of proper tools for maintenance and repair tasks |
4.3 Market Restraints |
4.3.1 Competition from power tools and other advanced technologies impacting the manual socket wrench market |
4.3.2 Economic fluctuations affecting consumer spending on tools and equipment |
4.3.3 Availability of cheaper imported products impacting the market for local manual socket wrench manufacturers |
5 New Zealand Manual Socket Wrench Market Trends |
6 New Zealand Manual Socket Wrench Market Segmentations |
6.1 New Zealand Manual Socket Wrench Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 New Zealand Manual Socket Wrench Market Revenues & Volume, By 1/4", 2021-2031F |
6.1.3 New Zealand Manual Socket Wrench Market Revenues & Volume, By 3/8", 2021-2031F |
6.1.4 New Zealand Manual Socket Wrench Market Revenues & Volume, By 1/2", 2021-2031F |
6.2 New Zealand Manual Socket Wrench Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 New Zealand Manual Socket Wrench Market Revenues & Volume, By Construction, 2021-2031F |
6.2.3 New Zealand Manual Socket Wrench Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.4 New Zealand Manual Socket Wrench Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.5 New Zealand Manual Socket Wrench Market Revenues & Volume, By Others, 2021-2031F |
7 New Zealand Manual Socket Wrench Market Import-Export Trade Statistics |
7.1 New Zealand Manual Socket Wrench Market Export to Major Countries |
7.2 New Zealand Manual Socket Wrench Market Imports from Major Countries |
8 New Zealand Manual Socket Wrench Market Key Performance Indicators |
8.1 Average time spent on DIY projects by individuals in New Zealand |
8.2 Number of automotive repair and maintenance shops in New Zealand |
8.3 Frequency of online searches for manual socket wrenches in New Zealand |
8.4 Percentage of households owning manual socket wrenches in New Zealand |
8.5 Number of DIY workshops and seminars conducted in New Zealand |
9 New Zealand Manual Socket Wrench Market - Opportunity Assessment |
9.1 New Zealand Manual Socket Wrench Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 New Zealand Manual Socket Wrench Market Opportunity Assessment, By Application, 2021 & 2031F |
10 New Zealand Manual Socket Wrench Market - Competitive Landscape |
10.1 New Zealand Manual Socket Wrench Market Revenue Share, By Companies, 2024 |
10.2 New Zealand Manual Socket Wrench Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |