New Cars in New Zealand
Description
New Cars in New Zealand
Summary
New Cars in New Zealand industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
Summary
New Cars in New Zealand industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- New cars market includes retail sales/registrations of new passenger cars. The scope of passenger cars covers saloons, hatchbacks, SUVs, 4x4s, and light pickup vehicles. Market volume refers to the total number of cars sold in a year, while market value is calculated by multiplying the average retail selling price with the market volume.
- The New Zealand new cars market recorded revenues of $2.6 billion in 2024, representing a compound annual growth rate (CAGR) of 1.7% between 2019 and 2024.
- Market consumption volumes declined with a negative CAGR of 3.4% between 2019 and 2024, reaching a total of 87,328.0 units in 2024.
- In 2024, the volume of the New Zealand new cars market declined by 21.1% annually, due to the increased consumer price inflation rate. According to Statistics New Zealand, the consumer price inflation rate increased by 2.9% in 2024. This rise in the inflation rate affected consumer confidence, resulting in a reduced inclination to invest in major purchases such as new cars.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the new cars market in New Zealand
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the new cars market in New Zealand
- Leading company profiles reveal details of key new cars market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the New Zealand new cars market with five year forecasts by both value and volume
- What was the size of the New Zealand new cars market by value in 2024?
- What will be the size of the New Zealand new cars market in 2029?
- What factors are affecting the strength of competition in the New Zealand new cars market?
- How has the market performed over the last five years?
- What are the main segments that make up New Zealand's new cars market?
Table of Contents
47 Pages
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Geography segmentation
- 1.6. Market share
- 1.7. Market rivalry
- 1.8. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Market share
- 7.2. Who are the leading players?
- 7.3. What are the strategies of the leading players?
- 7.4. What are the strengths of the leading players?
- 7.5. What are the recent developments in the market?
- 8 Company Profiles
- 8.1. Hyundai Motor Co
- 8.2. Renault-Nissan-Mitsubishi Alliance
- 8.3. Toyota Motor Corp
- 8.4. Volkswagen AG
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: New Zealand new cars market value: $ billion, 2019-24
- Table 2: New Zealand new cars market volume: units, 2019-24
- Table 3: New Zealand new cars market geography segmentation: $ billion, 2024
- Table 4: New Zealand new cars market value forecast: $ billion, 2024-29
- Table 5: New Zealand new cars market volume forecast: units, 2024-29
- Table 6: New Zealand new cars market share: % share, by volume, 2024
- Table 7: Hyundai Motor Co: Key Facts
- Table 8: Hyundai Motor Co: Annual Financial Ratios
- Table 9: Hyundai Motor Co: Key Employees
- Table 10: Hyundai Motor Co: Key Employees Continued
- Table 11: Renault-Nissan-Mitsubishi Alliance: Key Facts
- Table 12: Renault-Nissan-Mitsubishi Alliance: Key Employees
- Table 13: Toyota Motor Corp: Key Facts
- Table 14: Toyota Motor Corp: Annual Financial Ratios
- Table 15: Toyota Motor Corp: Key Employees
- Table 16: Volkswagen AG: Key Facts
- Table 17: Volkswagen AG: Annual Financial Ratios
- Table 18: Volkswagen AG: Key Employees
- Table 19: Volkswagen AG: Key Employees Continued
- Table 20: New Zealand Size of Population (Million), 2020-24
- Table 21: New Zealand Real GDP (Constant 2010 Prices, $ Billion), 2020-24
- Table 22: New Zealand GDP (Current Prices, $ Billion), 2020-24
- Table 23: New Zealand Inflation, 2020-24
- Table 24: New Zealand Consumer Price Index (Absolute), 2020-24
- Table 25: New Zealand Exchange Rate, 2019-24
- List of Figures
- Figure 1: New Zealand new cars market value: $ billion, 2019-24
- Figure 2: New Zealand new cars market volume: units, 2019-24
- Figure 3: New Zealand new cars market geography segmentation: % share, by value, 2024
- Figure 4: New Zealand new cars market value forecast: $ billion, 2024-29
- Figure 5: New Zealand new cars market volume forecast: units, 2024-29
- Figure 6: Forces driving competition in the new cars market in New Zealand, 2024
- Figure 7: Drivers of buyer power in the new cars market in New Zealand, 2024
- Figure 8: Drivers of supplier power in the new cars market in New Zealand, 2024
- Figure 9: Factors influencing the likelihood of new entrants in the new cars market in New Zealand, 2024
- Figure 10: Factors influencing the threat of substitutes in the new cars market in New Zealand, 2024
- Figure 11: Drivers of degree of rivalry in the new cars market in New Zealand, 2024
- Figure 12: New Zealand new cars market share: % share, by volume, 2024
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