Market Insights Consumer Household Appliances Small Appliances

Irons - New Zealand

New Zealand

In 2024, the Irons market in New Zealand reported a revenue of NZ US$9.15m.
It is projected to experience an annual growth rate of 4.51% (CAGR 2024-2029).
When compared globally, in China dominates the market with a revenue of NZ US$2,139m in 2024.
Considering the total number of households, the per household revenue in the Irons market is estimated to be NZ US$7.04 in 2024.
Looking ahead, the volume in the Irons market is expected to reach 196.0k pieces units by 2029.
Additionally, a marginal growth of 0.8% is anticipated in 2025.
Lastly, the average volume per household in the Irons market is forecasted to be 0.14pieces units in 2024.
New Zealand's iron market is experiencing a surge in demand as the country embraces sustainable construction and infrastructure development.

Key regions: Worldwide, China, Indonesia, India, United States

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Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on consumer spending on Household Appliances.

Modeling approach:

Market sizes are determined through a bottom-up approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use annual financial reports of the market-leading companies and industry associations, trade data, national statistical office data, third-party studies and reports, survey results from our primary research (e.g., the Statista Consumer Insights Global Survey), as well as performance factors. In addition, we use relevant key market indicators and data from country-specific associations, such as number of households, consumer spending, and price level index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques, such as exponential trend smoothing, for instance. The selection of forecasting techniques is based on the behavior of the relevant market.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. In some cases, the data is updated on an ad hoc basis (e.g., when new, relevant data has been released or significant changes within the market have an impact on the projected development). Survey data is reweighted for representativeness.