| Product Code: ETC5684745 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The heating elements import market in New Zealand continued to thrive in 2024, with top exporting countries including China, Australia, UK, Italy, and Germany. The market displayed high concentration levels, indicating a competitive landscape. The impressive Compound Annual Growth Rate (CAGR) of 16.79% from 2020 to 2024 highlights sustained growth momentum. Furthermore, the substantial growth rate of 42.51% from 2023 to 2024 suggests a rapidly expanding market. Importers and industry players should closely monitor these trends to capitalize on emerging opportunities in the New Zealand heating elements sector.

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 Heating Elements Market Overview |
3.1 New Zealand Country Macro Economic Indicators |
3.2 New Zealand Heating Elements Market Revenues & Volume, 2021 & 2031F |
3.3 New Zealand Heating Elements Market - Industry Life Cycle |
3.4 New Zealand Heating Elements Market - Porter's Five Forces |
3.5 New Zealand Heating Elements Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 New Zealand Heating Elements Market Revenues & Volume Share, By End-Users, 2021 & 2031F |
4 New Zealand Heating Elements Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient heating solutions in New Zealand |
4.2.2 Growing adoption of smart heating technologies in residential and commercial sectors |
4.2.3 Government initiatives promoting the use of renewable energy sources for heating purposes |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in heating element manufacturing |
4.3.2 Competition from alternative heating technologies such as heat pumps and solar heating systems |
4.3.3 Stringent regulations and standards related to energy efficiency and emissions control |
5 New Zealand Heating Elements Market Trends |
6 New Zealand Heating Elements Market Segmentations |
6.1 New Zealand Heating Elements Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 New Zealand Heating Elements Market Revenues & Volume, By Immersion Heaters, 2021-2031F |
6.1.3 New Zealand Heating Elements Market Revenues & Volume, By Tubular Heaters, 2021-2031F |
6.1.4 New Zealand Heating Elements Market Revenues & Volume, By Circulation Heaters, 2021-2031F |
6.1.5 New Zealand Heating Elements Market Revenues & Volume, By Band Heaters, 2021-2031F |
6.1.6 New Zealand Heating Elements Market Revenues & Volume, By Strip Heaters, 2021-2031F |
6.2 New Zealand Heating Elements Market, By End-Users |
6.2.1 Overview and Analysis |
6.2.2 New Zealand Heating Elements Market Revenues & Volume, By Chemical & Plastics Industry, 2021-2031F |
6.2.3 New Zealand Heating Elements Market Revenues & Volume, By Pharmaceutical Industry, 2021-2031F |
6.2.4 New Zealand Heating Elements Market Revenues & Volume, By Transportation, 2021-2031F |
6.2.5 New Zealand Heating Elements Market Revenues & Volume, By Appliances, 2021-2031F |
7 New Zealand Heating Elements Market Import-Export Trade Statistics |
7.1 New Zealand Heating Elements Market Export to Major Countries |
7.2 New Zealand Heating Elements Market Imports from Major Countries |
8 New Zealand Heating Elements Market Key Performance Indicators |
8.1 Percentage of heating element installations using energy-efficient technologies |
8.2 Growth rate of smart heating solutions market in New Zealand |
8.3 Number of government incentives and subsidies for renewable heating technologies |
9 New Zealand Heating Elements Market - Opportunity Assessment |
9.1 New Zealand Heating Elements Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 New Zealand Heating Elements Market Opportunity Assessment, By End-Users, 2021 & 2031F |
10 New Zealand Heating Elements Market - Competitive Landscape |
10.1 New Zealand Heating Elements Market Revenue Share, By Companies, 2024 |
10.2 New Zealand Heating Elements 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.
To discover high-growth global markets and optimize your business strategy:
Click Here