| Product Code: ETC10114839 | Publication Date: Sep 2024 | Updated Date: Dec 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Zambia continued to see a significant volume of cordless drill imports, with key suppliers such as China, South Africa, Austria, Japan, and India dominating the market. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period 2020-2024 remained positive at 7.11%. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, suggesting that these top exporting countries have a strong hold on the cordless drill import market in Zambia.

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 Cordless Drill Market Overview |
3.1 Zambia Country Macro Economic Indicators |
3.2 Zambia Cordless Drill Market Revenues & Volume, 2021 & 2031F |
3.3 Zambia Cordless Drill Market - Industry Life Cycle |
3.4 Zambia Cordless Drill Market - Porter's Five Forces |
3.5 Zambia Cordless Drill Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Zambia Cordless Drill Market Revenues & Volume Share, By Battery, 2021 & 2031F |
4 Zambia Cordless Drill Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for DIY projects and home improvement activities in Zambia |
4.2.2 Growing construction sector and infrastructure development projects in the country |
4.2.3 Technological advancements leading to the introduction of innovative and efficient cordless drill models |
4.3 Market Restraints |
4.3.1 High initial cost of cordless drills compared to traditional corded drills |
4.3.2 Limited awareness and adoption of cordless drill technology in certain regions of Zambia |
4.3.3 Availability of low-cost alternatives such as corded drills impacting the market growth |
5 Zambia Cordless Drill Market Trends |
6 Zambia Cordless Drill Market, By Types |
6.1 Zambia Cordless Drill Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Zambia Cordless Drill Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Zambia Cordless Drill Market Revenues & Volume, By Hammer & Rotary Power Cordless Drills, 2021- 2031F |
6.1.4 Zambia Cordless Drill Market Revenues & Volume, By Impact Power Cordless Drills, 2021- 2031F |
6.2 Zambia Cordless Drill Market, By Battery |
6.2.1 Overview and Analysis |
6.2.2 Zambia Cordless Drill Market Revenues & Volume, By Nickel-cadmium Batteries, 2021- 2031F |
6.2.3 Zambia Cordless Drill Market Revenues & Volume, By Lithium-ion batteries, 2021- 2031F |
7 Zambia Cordless Drill Market Import-Export Trade Statistics |
7.1 Zambia Cordless Drill Market Export to Major Countries |
7.2 Zambia Cordless Drill Market Imports from Major Countries |
8 Zambia Cordless Drill Market Key Performance Indicators |
8.1 Average battery life of cordless drills in the market |
8.2 Number of new product launches and technological innovations in cordless drill models |
8.3 Average price point of cordless drills in Zambia compared to neighboring markets |
9 Zambia Cordless Drill Market - Opportunity Assessment |
9.1 Zambia Cordless Drill Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Zambia Cordless Drill Market Opportunity Assessment, By Battery, 2021 & 2031F |
10 Zambia Cordless Drill Market - Competitive Landscape |
10.1 Zambia Cordless Drill Market Revenue Share, By Companies, 2024 |
10.2 Zambia Cordless Drill 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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