Industry Statistics and Trends
Market size and recent performance (2014-2029)
Industry revenue has declined at a CAGR of 1.6 % over the past five years, to reach an estimated $1.4bn in 2024.
Trends and Insights
The construction sector’s weakened performance is reducing revenue for manufacturers
- Shifts in the construction sector significantly influence fabricated metal product manufacturers' revenue, as construction companies purchase general building fixtures and fittings in bulk for new construction projects.
- Additional trends and insights available with purchase
Source: IBISWorld
Industry outlook (2024-2029)
Market size is projected to grow over the next five years.
Trends and Insights
The construction sector will continue to support fabricated metal product manufacturers
- The Construction sector will remain an essential buyer for fabricated metal product manufacturers as the construction sector drives sales for fabricated metal hardware and building products like metal awnings, blinds, sprinkler systems and bathroom fittings.
Biggest companies in the Fabricated Metal Product Manufacturing in New Zealand
| Company | Market Share (%)
2024 | Revenue ($short_0)
2024 |
|---|
There are no companies that hold a large enough market share in the Fabricated Metal Product Manufacturing in New Zealand industry for IBISWorld to include in this product.
Products & Services Segmentation
Source: IBISWorld
Industry revenue is measured across several distinct product and services lines, including Construction products, Household products and Security products. Construction products is the largest segment of the Fabricated Metal Product Manufacturing in New Zealand.
Trends and Insights
Hand tools and general hardware products are the most significant source of revenue
- Fabricated metal product manufacturers produce hand tools and general hardware products, including woodworking tools, drill parts, axes, hammers and other manual instruments. However, manufacturers face competition from imports and higher end power tools for building and gardening applications.
- More insights available in the full report
Table of Contents
About this industry
Industry definition
Industry operators primarily manufacture metal hand tools, general hardware and other fabricated metal products. Fabricated metal products include door handles, bathroom fittings, metal blinds, cutlery, locks and safes. Manufacturers supply their products to downstream manufacturing and construction markets, which then use these products as inputs, or to wholesalers and retailers, who onsell the products to households and tradespeople.
What's included in this industry?
Hand tools and general hardwareConstruction productsAmmunition, firearms and other ordnanceSecurity productsHousehold productsNon-ferrous pipe fittingsCompanies
Purchase this report to view all major companies in this industry.
Related Terms
NON-FERROUS METALORDNANCECAD-CAMIndustry Code
ANZSIC 2299 - Fabricated Metal Product Manufacturing in New Zealand
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
Weakened demand in the construction sector is constraining revenue growth. In contrast, continually expanding demand from the manufacturing sector is preventing revenue from ...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2014-2023) and forecast (2024-2029)
- Employees, including historical (2014-2023) and forecast (2024-2029)
- Businesses, including historical (2014-2023) and forecast (2024-2029)
- Profit, including historical (2014-2024)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
The Fabricated Metal Product Manufacturing industry’s most popular products are hand tools and general hardware products. Manufacturers primarily sell these through wholesale...
In this chapter
- Products & Services
- Major Markets
- International Trade
Key metrics
- Largest market segment and value in 2024
- Product innovation level
- Total imports, level and trend
- Total exports, level and trend
- Trade Balance
Charts
- Products & services segmentation in 2024
- Major market segmentation in 2024
- International trade, including imports by country and exports by country
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
- Recent trends in import and export volumes, country of origin or destination, and expected future trends
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
The Auckland region’s solid economic activity and population density benefit manufacturers. Manufacturers in the region have easy access to downstream markets, which expands ...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each region
- Share of population compared to establishments in each region in 2024
Tables
- Number and share of establishments in each region in 2024
- Number and share of revenue each region accounts for in 2024
- Number and share of wages each region accounts for in 2024
- Number and share of employees in each region in 2024
Detailed analysis
- Geographic spread of the industry across Asia Pacific, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
Buyers can shop around for the lowest prices. Fabricated metal product manufacturers compete based on prices, quality and services to boost sales.
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2019-2024
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
There are no major players in the Fabricated Metal Product Manufacturing industry. Imports present significant competition, and most domestic manufacturers are small-scale an...
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2020 through 2024
- Major companies in the industry, including market share, revenue, profit and profit margin in 2024
Detailed analysis
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
The Fabricated Metal Product Manufacturing industry receives limited assistance. Manufacturers can gain support from industry associations, like training and education semina...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2014-2029)
- Assistance historical data and forecast (2014-2029)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
Labour shortages following the pandemic have pushed wage costs upwards. Manufacturers have increased wages to attract and retain skilled workers.
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Investment vs. share of economy
Data tables
- Cash Flow & Debt Service Ratios (2014-2029)
- Revenue per Employee (2014-2029)
- Revenue per Enterprise (2014-2029)
- Employees per Establishment (2014-2029)
- Employees per Enterprise (2014-2029)
- Average Wage (2014-2029)
- Wages/Revenue (2014-2029)
- Establishments per Enterprise (2014-2029)
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Top Questions Answered
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Fabricated Metal Product Manufacturing industry in New Zealand in 2024?
The market size of the Fabricated Metal Product Manufacturing industry in New Zealand is $1.4bn in 2024.
How many businesses are there in the Fabricated Metal Product Manufacturing in New Zealand industry in 2024?
There are 902 businesses in the Fabricated Metal Product Manufacturing industry in New Zealand, which has grown at a CAGR of 0.2 % between 2019 and 2024.
Has the Fabricated Metal Product Manufacturing industry in New Zealand grown or declined over the past 5 years?
The market size of the Fabricated Metal Product Manufacturing industry in New Zealand has been declining at a CAGR of 1.6 % between 2019 and 2024.
What is the forecast growth of the Fabricated Metal Product Manufacturing industry in New Zealand over the next 5 years?
Over the next five years, the Fabricated Metal Product Manufacturing industry in New Zealand is expected to grow.
What does the Fabricated Metal Product Manufacturing in New Zealand include?
Hand tools and general hardware and Construction products are part of the Fabricated Metal Product Manufacturing industry.
How competitive is the Fabricated Metal Product Manufacturing industry in New Zealand?
The level of competition is high and steady in the Fabricated Metal Product Manufacturing industry in New Zealand.
Related Industries
Widen your competitive advantage with related industries
Competitors
- Fabricated Wood Manufacturing in New Zealand
- Rigid and Semi-Rigid Polymer Product Manufacturing in New Zealand
Complementors
- Structural Steel Fabricating in New Zealand
- Architectural Aluminium Product Manufacturing in New Zealand
- Structural Metal Product Manufacturing in New Zealand
International industries
- Hand Tool & Cutlery Manufacturing in the US
- Valve Manufacturing in the US
- Guns & Ammunition Manufacturing in the US
- Safe & Vault Manufacturing in the US
- Faucet Manufacturing in the US
View all industries in New Zealand
Methodology
How are IBISWorld reports created?
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
What data sources do IBISWorld analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in New Zealand include:
- Statistics New Zealand
- New Zealand Company Register
- Ministry of Business, Innovation & Employment
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
How does IBISWorld forecast its data?
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
Learn more about our methodology and data sourcing on the Help Center.
