| Product Code: ETC5853773 | 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 |
Maldives continues to see a steady increase in diving equipment import shipments, with top exporting countries in 2024 being Italy, China, Taiwan, Bulgaria, and South Africa. The market shows moderate concentration with a Herfindahl-Hirschman Index (HHI) in 2024. The compound annual growth rate (CAGR) from 2020 to 2024 is an impressive 35.34%, indicating a robust expansion in the diving equipment market. Moreover, the growth rate from 2023 to 2024 is notably high at 42.84%, suggesting a promising outlook for the industry in Maldives.

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 Diving Equipment Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Diving Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Diving Equipment Market - Industry Life Cycle |
3.4 Maldives Diving Equipment Market - Porter's Five Forces |
3.5 Maldives Diving Equipment Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Maldives Diving Equipment Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Maldives Diving Equipment Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Maldives Diving Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing interest in scuba diving tourism in the Maldives |
4.2.2 Growing popularity of water sports activities in the region |
4.2.3 Rise in disposable income and leisure spending among tourists visiting the Maldives |
4.3 Market Restraints |
4.3.1 High cost associated with diving equipment and maintenance |
4.3.2 Dependence on external suppliers for specialized diving gear |
4.3.3 Environmental concerns and regulations affecting diving locations in the Maldives |
5 Maldives Diving Equipment Market Trends |
6 Maldives Diving Equipment Market Segmentations |
6.1 Maldives Diving Equipment Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Maldives Diving Equipment Market Revenues & Volume, By Rebreather, 2021-2031F |
6.1.3 Maldives Diving Equipment Market Revenues & Volume, By Exposure Suit, 2021-2031F |
6.1.4 Maldives Diving Equipment Market Revenues & Volume, By Decompression Chamber, 2021-2031F |
6.2 Maldives Diving Equipment Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Maldives Diving Equipment Market Revenues & Volume, By Commercial, 2021-2031F |
6.2.3 Maldives Diving Equipment Market Revenues & Volume, By Defense, 2021-2031F |
6.2.4 Maldives Diving Equipment Market Revenues & Volume, By Civil, 2021-2031F |
6.3 Maldives Diving Equipment Market, By End-User |
6.3.1 Overview and Analysis |
6.3.2 Maldives Diving Equipment Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.3.3 Maldives Diving Equipment Market Revenues & Volume, By Naval, 2021-2031F |
6.3.4 Maldives Diving Equipment Market Revenues & Volume, By Aquaculture, 2021-2031F |
7 Maldives Diving Equipment Market Import-Export Trade Statistics |
7.1 Maldives Diving Equipment Market Export to Major Countries |
7.2 Maldives Diving Equipment Market Imports from Major Countries |
8 Maldives Diving Equipment Market Key Performance Indicators |
8.1 Average number of diving excursions per tourist |
8.2 Percentage of tourists engaging in scuba diving activities |
8.3 Utilization rate of diving equipment rental services |
9 Maldives Diving Equipment Market - Opportunity Assessment |
9.1 Maldives Diving Equipment Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Maldives Diving Equipment Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Maldives Diving Equipment Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Maldives Diving Equipment Market - Competitive Landscape |
10.1 Maldives Diving Equipment Market Revenue Share, By Companies, 2024 |
10.2 Maldives Diving Equipment 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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