Iplex Pipelines parent company, Fletcher Building Group has acquired PlaceMakers and Mico Plumbing supplies which will help the company in reaching out to the end user directly.
New Zealand plastic pipe and fitting market is in its growth stage. The market has registered a five year CAGR of single digit from FY’2013 to FY’2018. The raw materials used in manufacturing of plastic pipes and fittings are generally imported in the country due to low availability in the domestic market. The market depends largely on the infrastructure growth in the country. The market has grown at slower pace than expected due to cheap imports of plastic pipes from neighboring countries in New Zealand. The steps taken by government in order to achieve economic diversification has had a positive effect on the plastic pipe and fitting market. Infrastructure projects undertaken by the private sector have increased in value over the last few years. Construction of housing projects across northern and southern region has also boosted the demand. Plastic fittings are mostly imported from neighboring countries. Water conservation is one of the major trends that can be observed in New Zealand which has affected the plastic pipe and fitting market a lot.
Iplex Pipelines, Marley and RX Plastics are some of the major players in the sector. These companies manufactures high grade of plastic pipes and fittings. The players in unorganized market mostly manufacture PVC pipes only and have regional presence. The products imported in the country mostly include plastic fittings which are not manufactured on large level within the country. The northern region accounts for the majority of the share in terms of demand due to the presence of major cities of the countries such as Auckland, Wellington, and Hamilton. The region has high population concentration and the region also accounts for the majority of the migration into the country.
According to Ken Research report titled “New Zealand Plastic Pipe and Fitting Market Outlook to 2023 – By PVC, PE, Others Plastic Pipes; By End User Application (Plumbing and Civil, Agriculture, Mining and Industrial, Telecom and Electrical and Others)”, infrastructure growth, increase in tourism and increase in plant utilization rate are the major growth drivers in New Zealand plastic pipe and fitting market. Lack of availability of raw materials, reasonably priced imports of fittings products, advent of a housing bubble in some regions of the country might act as major restraints in the growth of the market.
Key Segments Covered
By End User Application:
- Plumbing and Civil,
- Agriculture
- Mining and Industrial
- Telecom and Electrical and
- Others (Oil & Gas, HVAC, Automotive and other related industries)
By Type of Pipes:
- PVC (CPVC and UPVC)
- Polyethylene (PE) (HDPE, MDPE, LDPE)
- Others (Include polypropylene pipes, ABS, Polyvinylidene fluoride (PVDF) PB etc.)
By Type of Market Structure
- Organized Sector
- Unorganized Sector
Key Target Audience
- Plastic Resin Suppliers
- Plastic Pipe and Fitting Manufacturing Companies
- Oil and Gas Industry
- Government Bodies
- Real Estate developers
- Agriculture Sector Companies
Time Period Captured in the Report:
FY’2013-FY’2018 – Historical Period
FY’2018-FY’2023 – Future Forecast
Companies Covered:
Iplex Pipelines Pty Ltd, Marley Pty Ltd., RX Plastics Pty Ltd, Asmuss Water Systems Ltd., Hynds Pipe System and others
For more information on the research report, refer to below link:
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