| Product Code: ETC5251036 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Maldives continues to see a significant influx of buckle imports, with top exporting countries including China, Italy, Thailand, Sri Lanka, and the UAE in 2024. The market shows a high level of concentration, with the Herfindahl-Hirschman Index (HHI) reaching very high levels in 2024 compared to the previous year. The compound annual growth rate (CAGR) from 2020 to 2024 stands at an impressive 44.43%, indicating a rapidly expanding market. The growth rate from 2023 to 2024 is 2.11%, reflecting a steady increase in import shipments.

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 Buckle Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Buckle Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Buckle Market - Industry Life Cycle |
3.4 Maldives Buckle Market - Porter's Five Forces |
3.5 Maldives Buckle Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Maldives Buckle Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the tourism industry in the Maldives leading to increased demand for souvenir items like Maldives buckles |
4.2.2 Rising disposable income levels in key consumer segments |
4.2.3 Increasing focus on sustainable and eco-friendly products in the market |
4.3 Market Restraints |
4.3.1 Competition from alternative souvenir items or accessories |
4.3.2 Fluctuations in raw material prices affecting production costs |
4.3.3 Impact of external factors such as natural disasters or political instability in the region |
5 Maldives Buckle Market Trends |
6 Maldives Buckle Market Segmentations |
6.1 Maldives Buckle Market, By Distribution Channel |
6.1.1 Overview and Analysis |
6.1.2 Maldives Buckle Market Revenues & Volume, By B2b, 2021-2031F |
6.1.3 Maldives Buckle Market Revenues & Volume, By B2C, 2021-2031F |
6.1.4 Maldives Buckle Market Revenues & Volume, By Online, 2021-2031F |
7 Maldives Buckle Market Import-Export Trade Statistics |
7.1 Maldives Buckle Market Export to Major Countries |
7.2 Maldives Buckle Market Imports from Major Countries |
8 Maldives Buckle Market Key Performance Indicators |
8.1 Average daily tourist arrivals in the Maldives |
8.2 Percentage of repeat customers purchasing Maldives buckles |
8.3 Number of partnerships with eco-friendly organizations for sourcing materials |
8.4 Percentage increase in online searches for Maldives buckles |
8.5 Customer satisfaction scores related to the design and quality of Maldives buckles |
9 Maldives Buckle Market - Opportunity Assessment |
9.1 Maldives Buckle Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Maldives Buckle Market - Competitive Landscape |
10.1 Maldives Buckle Market Revenue Share, By Companies, 2024 |
10.2 Maldives Buckle 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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