New Zealand Manual Socket Wrench Market (2025-2031) | Forecast, Growth, Size, Share, Outlook, Companies, Trends, Segmentation, Analysis, Value, Revenue & Industry

Market Forecast By Type (1/4", 3/8", 1/2"), By Application (Construction, Automotive, Industrial, Others) And Competitive Landscape
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

New Zealand Manual Socket Wrench Market Top 5 Importing Countries and Market Competition (HHI) Analysis

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.

New Zealand Manual Socket Wrench Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

  • New Zealand Manual Socket Wrench Market Outlook
  • Market Size of New Zealand Manual Socket Wrench Market, 2024
  • Forecast of New Zealand Manual Socket Wrench Market, 2031
  • Historical Data and Forecast of New Zealand Manual Socket Wrench Revenues & Volume for the Period 2021-2031
  • New Zealand Manual Socket Wrench Market Trend Evolution
  • New Zealand Manual Socket Wrench Market Drivers and Challenges
  • New Zealand Manual Socket Wrench Price Trends
  • New Zealand Manual Socket Wrench Porter`s Five Forces
  • New Zealand Manual Socket Wrench Industry Life Cycle
  • Historical Data and Forecast of New Zealand Manual Socket Wrench Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of New Zealand Manual Socket Wrench Market Revenues & Volume By 1/4" for the Period 2021-2031
  • Historical Data and Forecast of New Zealand Manual Socket Wrench Market Revenues & Volume By 3/8" for the Period 2021-2031
  • Historical Data and Forecast of New Zealand Manual Socket Wrench Market Revenues & Volume By 1/2" for the Period 2021-2031
  • Historical Data and Forecast of New Zealand Manual Socket Wrench Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of New Zealand Manual Socket Wrench Market Revenues & Volume By Construction for the Period 2021-2031
  • Historical Data and Forecast of New Zealand Manual Socket Wrench Market Revenues & Volume By Automotive for the Period 2021-2031
  • Historical Data and Forecast of New Zealand Manual Socket Wrench Market Revenues & Volume By Industrial for the Period 2021-2031
  • Historical Data and Forecast of New Zealand Manual Socket Wrench Market Revenues & Volume By Others for the Period 2021-2031
  • New Zealand Manual Socket Wrench Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Application
  • New Zealand Manual Socket Wrench Top Companies Market Share
  • New Zealand Manual Socket Wrench Competitive Benchmarking By Technical and Operational Parameters
  • New Zealand Manual Socket Wrench Company Profiles
  • New Zealand Manual Socket Wrench Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the New Zealand Manual Socket Wrench Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the New Zealand Manual Socket Wrench Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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

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