| Product Code: ETC5370930 | Publication Date: Nov 2023 | Updated Date: Dec 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The hardware import market in Zambia experienced significant growth in 2024, with top exporters being China, South Africa, India, Finland, and the United States. The market concentration increased from moderate to high, indicating a more competitive landscape. The impressive Compound Annual Growth Rate (CAGR) of 28.37% from 2020 to 2024 reflects a robust market expansion. Moreover, the notable growth rate of 56.7% from 2023 to 2024 suggests a rapid acceleration in import shipments, highlighting the increasing demand for hardware products in Zambia.

The Hardware market in Zambia is projected to grow at a high growth rate of 12.18% by 2027, within the Africa region led by Egypt, along with other countries like South Africa, Ethiopia, Algeria and Nigeria, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

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 Zambia Hardware Market Overview |
3.1 Zambia Country Macro Economic Indicators |
3.2 Zambia Hardware Market Revenues & Volume, 2021 & 2031F |
3.3 Zambia Hardware Market - Industry Life Cycle |
3.4 Zambia Hardware Market - Porter's Five Forces |
3.5 Zambia Hardware Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Zambia Hardware Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in construction and infrastructure projects in Zambia |
4.2.2 Increasing urbanization and population growth driving demand for residential and commercial buildings |
4.2.3 Government initiatives to promote the hardware industry and infrastructure development |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting production costs |
4.3.2 Economic instability and currency fluctuations affecting consumer purchasing power |
4.3.3 Competition from imported hardware products impacting local market growth |
5 Zambia Hardware Market Trends |
6 Zambia Hardware Market Segmentations |
6.1 Zambia Hardware Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Zambia Hardware Market Revenues & Volume, By Furniture Hardware, 2021-2031F |
6.1.3 Zambia Hardware Market Revenues & Volume, By Motor Vehicle Hardware, 2021-2031F |
6.1.4 Zambia Hardware Market Revenues & Volume, By Builder`s Hardware, 2021-2031F |
6.1.5 Zambia Hardware Market Revenues & Volume, By Other Hardware, 2021-2031F |
7 Zambia Hardware Market Import-Export Trade Statistics |
7.1 Zambia Hardware Market Export to Major Countries |
7.2 Zambia Hardware Market Imports from Major Countries |
8 Zambia Hardware Market Key Performance Indicators |
8.1 Number of construction permits issued |
8.2 GDP growth rate |
8.3 Investment in infrastructure projects |
8.4 Consumer confidence index |
8.5 Employment rate in the construction sector |
9 Zambia Hardware Market - Opportunity Assessment |
9.1 Zambia Hardware Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Zambia Hardware Market - Competitive Landscape |
10.1 Zambia Hardware Market Revenue Share, By Companies, 2024 |
10.2 Zambia Hardware 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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