| Product Code: ETC5870265 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
Maldives` automotive wheel import shipments in 2024 saw a significant shift in concentration, with top exporters being China, Japan, India, Sri Lanka, and Thailand. The High Herfindahl-Hirschman Index (HHI) indicates a move towards higher market concentration from the previous year. Despite a high Compound Annual Growth Rate (CAGR) of 30.1% from 2020 to 2024, there was a decline in growth rate from 2023 to 2024 at -14.62%. This data suggests a dynamic market landscape in Maldives for automotive wheels, with key players vying for market share in the coming years.
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 Wheel Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Automotive Wheel Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Automotive Wheel Market - Industry Life Cycle |
3.4 Maldives Automotive Wheel Market - Porter's Five Forces |
3.5 Maldives Automotive Wheel Market Revenues & Volume Share, By Rim Size, 2021 & 2031F |
3.6 Maldives Automotive Wheel Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Maldives Automotive Wheel Market Revenues & Volume Share, By Off-highway, 2021 & 2031F |
4 Maldives Automotive Wheel Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for luxury vehicles in the Maldives |
4.2.2 Increasing disposable income of the population |
4.2.3 Growth in tourism industry leading to higher demand for automotive vehicles |
4.2.4 Infrastructure development and road expansion projects |
4.2.5 Preference for customization and aftermarket wheels |
4.3 Market Restraints |
4.3.1 High import duties and taxes on automotive products |
4.3.2 Limited availability of skilled labor for wheel manufacturing |
4.3.3 Environmental regulations impacting material sourcing and production processes |
4.3.4 Volatility in raw material prices, especially for alloy wheels |
5 Maldives Automotive Wheel Market Trends |
6 Maldives Automotive Wheel Market Segmentations |
6.1 Maldives Automotive Wheel Market, By Rim Size |
6.1.1 Overview and Analysis |
6.1.2 Maldives Automotive Wheel Market Revenues & Volume, By 13-15, 2021-2031F |
6.1.3 Maldives Automotive Wheel Market Revenues & Volume, By 16-18, 2021-2031F |
6.1.4 Maldives Automotive Wheel Market Revenues & Volume, By 19-21, 2021-2031F |
6.1.5 Maldives Automotive Wheel Market Revenues & Volume, By >21 inch, 2021-2031F |
6.2 Maldives Automotive Wheel Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Maldives Automotive Wheel Market Revenues & Volume, By Steel, 2021-2031F |
6.2.3 Maldives Automotive Wheel Market Revenues & Volume, By Alloy, 2021-2031F |
6.2.4 Maldives Automotive Wheel Market Revenues & Volume, By Carbon Fiber, 2021-2031F |
6.3 Maldives Automotive Wheel Market, By Off-highway |
6.3.1 Overview and Analysis |
6.3.2 Maldives Automotive Wheel Market Revenues & Volume, By Construction & Mining, 2021-2031F |
6.3.3 Maldives Automotive Wheel Market Revenues & Volume, By Agriculture Tractors, 2021-2031F |
7 Maldives Automotive Wheel Market Import-Export Trade Statistics |
7.1 Maldives Automotive Wheel Market Export to Major Countries |
7.2 Maldives Automotive Wheel Market Imports from Major Countries |
8 Maldives Automotive Wheel Market Key Performance Indicators |
8.1 Average selling price of automotive wheels |
8.2 Number of new vehicle registrations in the Maldives |
8.3 Percentage of vehicles using aftermarket wheels |
8.4 Investment in infrastructure projects related to transportation |
8.5 Number of automotive workshops offering wheel customization services |
9 Maldives Automotive Wheel Market - Opportunity Assessment |
9.1 Maldives Automotive Wheel Market Opportunity Assessment, By Rim Size, 2021 & 2031F |
9.2 Maldives Automotive Wheel Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Maldives Automotive Wheel Market Opportunity Assessment, By Off-highway, 2021 & 2031F |
10 Maldives Automotive Wheel Market - Competitive Landscape |
10.1 Maldives Automotive Wheel Market Revenue Share, By Companies, 2024 |
10.2 Maldives Automotive Wheel Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |