| Product Code: ETC8571215 | Publication Date: Sep 2024 | Updated Date: Apr 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, New Zealand continued to see significant steel drum imports, with top exporters being China, Thailand, Malaysia, Australia, and the USA. The market remained highly concentrated, with a high Herfindahl-Hirschman Index (HHI). However, the industry experienced a notable decline in growth, with a compound annual growth rate (CAGR) of -15.08% from 2020 to 2024 and a steep growth rate decrease of -47.13% from 2023 to 2024. This trend suggests a challenging environment for steel drum importers in New Zealand, potentially impacted by various economic factors.

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 Steel Drum Market Overview |
3.1 New Zealand Country Macro Economic Indicators |
3.2 New Zealand Steel Drum Market Revenues & Volume, 2022 & 2032F |
3.3 New Zealand Steel Drum Market - Industry Life Cycle |
3.4 New Zealand Steel Drum Market - Porter's Five Forces |
3.5 New Zealand Steel Drum Market Revenues & Volume Share, By Capacity, 2022 & 2032F |
3.6 New Zealand Steel Drum Market Revenues & Volume Share, By Head Type, 2022 & 2032F |
3.7 New Zealand Steel Drum Market Revenues & Volume Share, By Material, 2022 & 2032F |
3.8 New Zealand Steel Drum Market Revenues & Volume Share, By End-Use Industry, 2022 & 2032F |
4 New Zealand Steel Drum Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for sustainable packaging solutions |
4.2.2 Growth in the chemical and pharmaceutical industries in New Zealand |
4.2.3 Rising focus on waste management and recycling initiatives |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Competition from alternative packaging materials |
4.3.3 Regulatory challenges related to environmental standards |
5 New Zealand Steel Drum Market Trends |
6 New Zealand Steel Drum Market, By Types |
6.1 New Zealand Steel Drum Market, By Capacity |
6.1.1 Overview and Analysis |
6.1.2 New Zealand Steel Drum Market Revenues & Volume, By Capacity, 2022 - 2032F |
6.1.3 New Zealand Steel Drum Market Revenues & Volume, By 55 Gallon Steel Drum, 2022 - 2032F |
6.1.4 New Zealand Steel Drum Market Revenues & Volume, By Other than 55 Gallon Steel Drum, 2022 - 2032F |
6.2 New Zealand Steel Drum Market, By Head Type |
6.2.1 Overview and Analysis |
6.2.2 New Zealand Steel Drum Market Revenues & Volume, By Tight Head Steel Drum, 2022 - 2032F |
6.2.3 New Zealand Steel Drum Market Revenues & Volume, By Open Head Steel Drum, 2022 - 2032F |
6.3 New Zealand Steel Drum Market, By Material |
6.3.1 Overview and Analysis |
6.3.2 New Zealand Steel Drum Market Revenues & Volume, By Carbon Steel, 2022 - 2032F |
6.3.3 New Zealand Steel Drum Market Revenues & Volume, By Stainless Steel, 2022 - 2032F |
6.4 New Zealand Steel Drum Market, By End-Use Industry |
6.4.1 Overview and Analysis |
6.4.2 New Zealand Steel Drum Market Revenues & Volume, By Food & Beverages, 2022 - 2032F |
6.4.3 New Zealand Steel Drum Market Revenues & Volume, By Healthcare and Pharmaceuticals, 2022 - 2032F |
6.4.4 New Zealand Steel Drum Market Revenues & Volume, By Oils & Lubricants, 2022 - 2032F |
6.4.5 New Zealand Steel Drum Market Revenues & Volume, By Paints & Dyes, 2022 - 2032F |
6.4.6 New Zealand Steel Drum Market Revenues & Volume, By Chemicals and solvents, 2022 - 2032F |
6.4.7 New Zealand Steel Drum Market Revenues & Volume, By Building and construction, 2022 - 2032F |
6.4.8 New Zealand Steel Drum Market Revenues & Volume, By Others, 2022 - 2032F |
6.4.9 New Zealand Steel Drum Market Revenues & Volume, By Others, 2022 - 2032F |
7 New Zealand Steel Drum Market Import-Export Trade Statistics |
7.1 New Zealand Steel Drum Market Export to Major Countries |
7.2 New Zealand Steel Drum Market Imports from Major Countries |
8 New Zealand Steel Drum Market Key Performance Indicators |
8.1 Percentage of steel drums recycled annually |
8.2 Number of new product innovations in the steel drum market |
8.3 Growth in the number of partnerships with key industries for steel drum usage |
9 New Zealand Steel Drum Market - Opportunity Assessment |
9.1 New Zealand Steel Drum Market Opportunity Assessment, By Capacity, 2022 & 2032F |
9.2 New Zealand Steel Drum Market Opportunity Assessment, By Head Type, 2022 & 2032F |
9.3 New Zealand Steel Drum Market Opportunity Assessment, By Material, 2022 & 2032F |
9.4 New Zealand Steel Drum Market Opportunity Assessment, By End-Use Industry, 2022 & 2032F |
10 New Zealand Steel Drum Market - Competitive Landscape |
10.1 New Zealand Steel Drum Market Revenue Share, By Companies, 2025 |
10.2 New Zealand Steel Drum 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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