| Product Code: ETC5079865 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
Maldives` import of grinding wheels and abrasive stones in 2024 continued to be dominated by top exporters such as China, India, Thailand, UAE, and Sri Lanka. The high Herfindahl-Hirschman Index (HHI) signifies a concentrated market. Despite a notable Compound Annual Growth Rate (CAGR) of 16.25% from 2020 to 2024, there was a slight decline in growth rate from 2023 to 2024 at -8.05%. This data suggests a stable but slightly declining trend in the import market for these products in Maldives, highlighting the need for further analysis of market dynamics.

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 Maldives Grinding Wheels and Abrasive Stones Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Grinding Wheels and Abrasive Stones Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Grinding Wheels and Abrasive Stones Market - Industry Life Cycle |
3.4 Maldives Grinding Wheels and Abrasive Stones Market - Porter's Five Forces |
3.5 Maldives Grinding Wheels and Abrasive Stones Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Maldives Grinding Wheels and Abrasive Stones Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Maldives Grinding Wheels and Abrasive Stones Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for precision machining in industries such as automotive, aerospace, and construction |
4.2.2 Growing adoption of advanced grinding technologies for improved efficiency and quality |
4.2.3 Rise in construction and infrastructure development projects in the Maldives driving demand for grinding wheels and abrasive stones |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting production costs |
4.3.2 Intense competition from international manufacturers impacting local market growth |
4.3.3 Lack of skilled labor for operating advanced grinding machinery and tools |
5 Maldives Grinding Wheels and Abrasive Stones Market Trends |
6 Maldives Grinding Wheels and Abrasive Stones Market Segmentations |
6.1 Maldives Grinding Wheels and Abrasive Stones Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Maldives Grinding Wheels and Abrasive Stones Market Revenues & Volume, By Grinding Wheels, 2021-2031F |
6.1.3 Maldives Grinding Wheels and Abrasive Stones Market Revenues & Volume, By Abrasive Stones, 2021-2031F |
6.2 Maldives Grinding Wheels and Abrasive Stones Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Maldives Grinding Wheels and Abrasive Stones Market Revenues & Volume, By Transport Industry, 2021-2031F |
6.2.3 Maldives Grinding Wheels and Abrasive Stones Market Revenues & Volume, By Construction, 2021-2031F |
6.2.4 Maldives Grinding Wheels and Abrasive Stones Market Revenues & Volume, By Bearing & Machinery, 2021-2031F |
6.2.5 Maldives Grinding Wheels and Abrasive Stones Market Revenues & Volume, By Steel Industry, 2021-2031F |
6.2.6 Maldives Grinding Wheels and Abrasive Stones Market Revenues & Volume, By Other, 2021-2031F |
7 Maldives Grinding Wheels and Abrasive Stones Market Import-Export Trade Statistics |
7.1 Maldives Grinding Wheels and Abrasive Stones Market Export to Major Countries |
7.2 Maldives Grinding Wheels and Abrasive Stones Market Imports from Major Countries |
8 Maldives Grinding Wheels and Abrasive Stones Market Key Performance Indicators |
8.1 Average utilization rate of grinding wheels and abrasive stones in manufacturing processes |
8.2 Adoption rate of automation and digitalization in grinding wheel production |
8.3 Percentage of repeat customers indicating product quality and customer satisfaction |
9 Maldives Grinding Wheels and Abrasive Stones Market - Opportunity Assessment |
9.1 Maldives Grinding Wheels and Abrasive Stones Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Maldives Grinding Wheels and Abrasive Stones Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Maldives Grinding Wheels and Abrasive Stones Market - Competitive Landscape |
10.1 Maldives Grinding Wheels and Abrasive Stones Market Revenue Share, By Companies, 2024 |
10.2 Maldives Grinding Wheels and Abrasive Stones Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |