| Product Code: ETC8146256 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Maldives saw an increase in the concentration of gym equipment imports in 2024, with top exporting countries like China, USA, Italy, Malaysia, and Thailand dominating the market. Despite a negative Compound Annual Growth Rate (CAGR) of -2.64% from 2020 to 2024, there was a further decline in the growth rate from 2023 to 2024 at -4.55%. This trend suggests a challenging market environment for connected gym equipment importers in Maldives, emphasizing the need for strategic adjustments and market insights to navigate the evolving landscape effectively.

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 Connected Gym Equipment Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Connected Gym Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Connected Gym Equipment Market - Industry Life Cycle |
3.4 Maldives Connected Gym Equipment Market - Porter's Five Forces |
3.5 Maldives Connected Gym Equipment Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Maldives Connected Gym Equipment Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Maldives Connected Gym Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about health and fitness among the Maldivian population |
4.2.2 Growing adoption of IoT and connected technology in fitness equipment |
4.2.3 Rise in disposable income leading to higher spending on premium gym equipment |
4.3 Market Restraints |
4.3.1 High initial cost of connected gym equipment may limit mass adoption |
4.3.2 Limited availability of skilled technicians for maintenance and repair of connected equipment |
4.3.3 Concerns about data security and privacy with connected devices |
5 Maldives Connected Gym Equipment Market Trends |
6 Maldives Connected Gym Equipment Market, By Types |
6.1 Maldives Connected Gym Equipment Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Maldives Connected Gym Equipment Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Maldives Connected Gym Equipment Market Revenues & Volume, By Cardiovascular Training, 2021- 2031F |
6.1.4 Maldives Connected Gym Equipment Market Revenues & Volume, By Strength Training, 2021- 2031F |
6.1.5 Maldives Connected Gym Equipment Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Maldives Connected Gym Equipment Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Maldives Connected Gym Equipment Market Revenues & Volume, By Household, 2021- 2031F |
6.2.3 Maldives Connected Gym Equipment Market Revenues & Volume, By Commercial, 2021- 2031F |
7 Maldives Connected Gym Equipment Market Import-Export Trade Statistics |
7.1 Maldives Connected Gym Equipment Market Export to Major Countries |
7.2 Maldives Connected Gym Equipment Market Imports from Major Countries |
8 Maldives Connected Gym Equipment Market Key Performance Indicators |
8.1 Average daily usage of connected gym equipment |
8.2 Customer satisfaction scores related to the functionality and connectivity features |
8.3 Rate of adoption of new connected gym equipment models |
8.4 Average lifespan of connected gym equipment before requiring maintenance |
8.5 Percentage of gym owners investing in upgrading to connected equipment |
9 Maldives Connected Gym Equipment Market - Opportunity Assessment |
9.1 Maldives Connected Gym Equipment Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Maldives Connected Gym Equipment Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Maldives Connected Gym Equipment Market - Competitive Landscape |
10.1 Maldives Connected Gym Equipment Market Revenue Share, By Companies, 2024 |
10.2 Maldives Connected Gym Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |