| Product Code: ETC8087893 | Publication Date: Sep 2024 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
During 2020-2024, the Madagascar magnet market experienced a Compound Annual Growth Rate (CAGR) of 7.79%. The year-on-year growth rate for 2023-2024 was -17.56%. Despite the decline in 2023-2024, the overall trend showed an increase in imports over the period due to the positive CAGR.

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 Madagascar Magnet Market Overview |
3.1 Madagascar Country Macro Economic Indicators |
3.2 Madagascar Magnet Market Revenues & Volume, 2022 & 2032F |
3.3 Madagascar Magnet Market - Industry Life Cycle |
3.4 Madagascar Magnet Market - Porter's Five Forces |
3.5 Madagascar Magnet Market Revenues & Volume Share, By Magnet Type, 2022 & 2032F |
3.6 Madagascar Magnet Market Revenues & Volume Share, By Application, 2022 & 2032F |
4 Madagascar Magnet Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for unique and exotic souvenirs among tourists visiting Madagascar. |
4.2.2 Growing trend of using magnets as decorative items in households. |
4.2.3 Rise in e-commerce platforms facilitating the sale of Madagascar magnets globally. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting production costs. |
4.3.2 Competition from substitute products such as stickers or keychains. |
4.3.3 Challenges in maintaining consistent product quality due to variations in craftsmanship. |
5 Madagascar Magnet Market Trends |
6 Madagascar Magnet Market, By Types |
6.1 Madagascar Magnet Market, By Magnet Type |
6.1.1 Overview and Analysis |
6.1.2 Madagascar Magnet Market Revenues & Volume, By Magnet Type, 2022-2032F |
6.1.3 Madagascar Magnet Market Revenues & Volume, By Ferrite, 2022-2032F |
6.1.4 Madagascar Magnet Market Revenues & Volume, By Neodymium Iron Boron (NdFeB), 2022-2032F |
6.1.5 Madagascar Magnet Market Revenues & Volume, By Aluminium Nickel Cobalt (AlNiCo), 2022-2032F |
6.1.6 Madagascar Magnet Market Revenues & Volume, By Samarium Cobalt (SmCo), 2022-2032F |
6.2 Madagascar Magnet Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Madagascar Magnet Market Revenues & Volume, By Computer Hard Disk Drives (HDD), CD, DVD, 2022-2032F |
6.2.3 Madagascar Magnet Market Revenues & Volume, By Hybrid Electric Vehicles, 2022-2032F |
6.2.4 Madagascar Magnet Market Revenues & Volume, By Electric Bicycles, 2022-2032F |
6.2.5 Madagascar Magnet Market Revenues & Volume, By Heating, Ventilating and Air Conditioners (HVAC), 2022-2032F |
6.2.6 Madagascar Magnet Market Revenues & Volume, By Wind Turbines, 2022-2032F |
7 Madagascar Magnet Market Import-Export Trade Statistics |
7.1 Madagascar Magnet Market Export to Major Countries |
7.2 Madagascar Magnet Market Imports from Major Countries |
8 Madagascar Magnet Market Key Performance Indicators |
8.1 Percentage of repeat customers purchasing Madagascar magnets. |
8.2 Number of new designs introduced in a specific period. |
8.3 Customer satisfaction ratings for the quality and design of Madagascar magnets. |
9 Madagascar Magnet Market - Opportunity Assessment |
9.1 Madagascar Magnet Market Opportunity Assessment, By Magnet Type, 2022 & 2032F |
9.2 Madagascar Magnet Market Opportunity Assessment, By Application, 2022 & 2032F |
10 Madagascar Magnet Market - Competitive Landscape |
10.1 Madagascar Magnet Market Revenue Share, By Companies, 2025 |
10.2 Madagascar Magnet 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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