Fabricated Metal Product Manufacturing in New Zealand - Industry Market Research Report
Fabricated Metal Product Manufacturing in New Zealand
Fabricated metal product manufacturers have faced difficult operating conditions as competition from imports and non-metal substitutes has been high. The COVID-19 pandemic has also challenged manufacturers, as restrictions limited operations and forced manufacturing closures over the two years through 2021-22. These difficult conditions forced manufacturers to reduce staff numbers, close locations or exit the industry, significantly weakening industry revenue.
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.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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