| Product Code: ETC5869467 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Maldives automotive glass import market in 2024 continued to be dominated by top exporters such as China, India, Japan, Turkey, and Hong Kong. Despite high concentration with a high Herfindahl-Hirschman Index (HHI), the market experienced a significant decline with a Compound Annual Growth Rate (CAGR) of -9.35% from 2020 to 2024. The growth rate in 2024 alone plummeted by -52.06%, indicating a challenging year for automotive glass imports in the Maldives. The market may require strategic adjustments to navigate through these turbulent times.

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 Automotive Glass Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Automotive Glass Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Automotive Glass Market - Industry Life Cycle |
3.4 Maldives Automotive Glass Market - Porter's Five Forces |
3.5 Maldives Automotive Glass Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Maldives Automotive Glass Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Maldives Automotive Glass Market Revenues & Volume Share, By Smart Glass, 2021 & 2031F |
3.8 Maldives Automotive Glass Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 Maldives Automotive Glass Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for vehicles in the Maldives |
4.2.2 Growing focus on vehicle safety and aesthetics |
4.2.3 Rise in government initiatives promoting automotive industry growth |
4.3 Market Restraints |
4.3.1 High import duties and taxes on automotive products |
4.3.2 Limited availability of specialized automotive glass manufacturing facilities in the Maldives |
5 Maldives Automotive Glass Market Trends |
6 Maldives Automotive Glass Market Segmentations |
6.1 Maldives Automotive Glass Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Maldives Automotive Glass Market Revenues & Volume, By Laminated, 2021-2031F |
6.1.3 Maldives Automotive Glass Market Revenues & Volume, By Tempered, 2021-2031F |
6.2 Maldives Automotive Glass Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Maldives Automotive Glass Market Revenues & Volume, By Windshield, 2021-2031F |
6.2.3 Maldives Automotive Glass Market Revenues & Volume, By Sidelite & Backlite, 2021-2031F |
6.2.4 Maldives Automotive Glass Market Revenues & Volume, By Side & Rearview Mirror, 2021-2031F |
6.3 Maldives Automotive Glass Market, By Smart Glass |
6.3.1 Overview and Analysis |
6.3.2 Maldives Automotive Glass Market Revenues & Volume, By Technology, 2021-2031F |
6.3.3 Maldives Automotive Glass Market Revenues & Volume, By Application, 2021-2031F |
6.4 Maldives Automotive Glass Market, By Vehicle Type |
6.4.1 Overview and Analysis |
6.4.2 Maldives Automotive Glass Market Revenues & Volume, By Passenger Car, 2021-2031F |
6.4.3 Maldives Automotive Glass Market Revenues & Volume, By Light Commercial Vehicles, 2021-2031F |
6.4.4 Maldives Automotive Glass Market Revenues & Volume, By Heavy Commercial Vehicles, 2021-2031F |
6.4.5 Maldives Automotive Glass Market Revenues & Volume, By Electric Vehicles, 2021-2031F |
7 Maldives Automotive Glass Market Import-Export Trade Statistics |
7.1 Maldives Automotive Glass Market Export to Major Countries |
7.2 Maldives Automotive Glass Market Imports from Major Countries |
8 Maldives Automotive Glass Market Key Performance Indicators |
8.1 Average age of vehicles in the Maldives |
8.2 Number of road accidents involving vehicles with damaged glass |
8.3 Rate of new vehicle registrations in the Maldives |
9 Maldives Automotive Glass Market - Opportunity Assessment |
9.1 Maldives Automotive Glass Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Maldives Automotive Glass Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Maldives Automotive Glass Market Opportunity Assessment, By Smart Glass, 2021 & 2031F |
9.4 Maldives Automotive Glass Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 Maldives Automotive Glass Market - Competitive Landscape |
10.1 Maldives Automotive Glass Market Revenue Share, By Companies, 2024 |
10.2 Maldives Automotive Glass 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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