| Product Code: ETC5028542 | 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 |
The import shipments of strings into New Zealand in 2024 continued to be dominated by top exporting countries such as China, Netherlands, USA, Australia, and South Korea. Despite a high Herfindahl-Hirschman Index (HHI) indicating concentration, the industry experienced a slight decline with a Compound Annual Growth Rate (CAGR) of -1.99% from 2020 to 2024. The growth rate in 2024 saw a further decrease at -1.29%, suggesting potential challenges and shifts in the market dynamics for string imports in New Zealand.

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 String Market Overview |
3.1 New Zealand Country Macro Economic Indicators |
3.2 New Zealand String Market Revenues & Volume, 2021 & 2031F |
3.3 New Zealand String Market - Industry Life Cycle |
3.4 New Zealand String Market - Porter's Five Forces |
3.5 New Zealand String Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 New Zealand String Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 New Zealand String Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for eco-friendly and sustainable products |
4.2.2 Growing popularity of DIY projects and crafting hobbies |
4.2.3 Innovation in materials and technology for string production |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting production costs |
4.3.2 Competition from substitute products like synthetic fibers |
4.3.3 Regulations and compliance requirements impacting manufacturing processes |
5 New Zealand String Market Trends |
6 New Zealand String Market Segmentations |
6.1 New Zealand String Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 New Zealand String Market Revenues & Volume, By Guitar, 2021-2031F |
6.1.3 New Zealand String Market Revenues & Volume, By Violins, 2021-2031F |
6.1.4 New Zealand String Market Revenues & Volume, By Others, 2021-2031F |
6.2 New Zealand String Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 New Zealand String Market Revenues & Volume, By Personal Use, 2021-2031F |
6.2.3 New Zealand String Market Revenues & Volume, By Commercial, 2021-2031F |
7 New Zealand String Market Import-Export Trade Statistics |
7.1 New Zealand String Market Export to Major Countries |
7.2 New Zealand String Market Imports from Major Countries |
8 New Zealand String Market Key Performance Indicators |
8.1 Percentage of recycled materials used in string production |
8.2 Number of DIY workshops and events promoting string crafts |
8.3 Investment in research and development for new string materials and technologies |
9 New Zealand String Market - Opportunity Assessment |
9.1 New Zealand String Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 New Zealand String Market Opportunity Assessment, By Application, 2021 & 2031F |
10 New Zealand String Market - Competitive Landscape |
10.1 New Zealand String Market Revenue Share, By Companies, 2024 |
10.2 New Zealand String 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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