| Product Code: ETC8147550 | 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 |
The Maldives` DIY tools import market saw significant growth in 2024, with top exporters being China, India, UAE, Thailand, and the USA. The market concentration, as measured by the HHI, increased from moderate to very high in just one year, indicating a shift towards dominance by a few key players. Despite the overall strong CAGR of 38.37% from 2020 to 2024, there was a slight decline in growth rate from 2023 to 2024. This data suggests a competitive landscape in the Maldives` DIY tools market, with key players vying for market share and influencing import trends.

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 Do-It-Yourself (DIY) Tools Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Do-It-Yourself (DIY) Tools Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Do-It-Yourself (DIY) Tools Market - Industry Life Cycle |
3.4 Maldives Do-It-Yourself (DIY) Tools Market - Porter's Five Forces |
3.5 Maldives Do-It-Yourself (DIY) Tools Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Maldives Do-It-Yourself (DIY) Tools Market Revenues & Volume Share, By Retail Format Sales, 2021 & 2031F |
4 Maldives Do-It-Yourself (DIY) Tools Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing trend of home improvement projects in Maldives |
4.2.2 Growing popularity of DIY culture among Maldivian consumers |
4.2.3 Rising disposable income levels in Maldives leading to higher spending on home improvement tools |
4.3 Market Restraints |
4.3.1 Limited availability of specialized and high-quality DIY tools in the Maldives market |
4.3.2 Lack of awareness and education on proper usage of DIY tools among consumers |
4.3.3 High import duties and taxes on DIY tools impacting their affordability for the average consumer in Maldives |
5 Maldives Do-It-Yourself (DIY) Tools Market Trends |
6 Maldives Do-It-Yourself (DIY) Tools Market, By Types |
6.1 Maldives Do-It-Yourself (DIY) Tools Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Maldives Do-It-Yourself (DIY) Tools Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Maldives Do-It-Yourself (DIY) Tools Market Revenues & Volume, By Power Tools, 2021- 2031F |
6.1.4 Maldives Do-It-Yourself (DIY) Tools Market Revenues & Volume, By Hand Tools, 2021- 2031F |
6.1.5 Maldives Do-It-Yourself (DIY) Tools Market Revenues & Volume, By Decorative Tools, 2021- 2031F |
6.2 Maldives Do-It-Yourself (DIY) Tools Market, By Retail Format Sales |
6.2.1 Overview and Analysis |
6.2.2 Maldives Do-It-Yourself (DIY) Tools Market Revenues & Volume, By DIY Stores, 2021- 2031F |
6.2.3 Maldives Do-It-Yourself (DIY) Tools Market Revenues & Volume, By Specialty Stores, 2021- 2031F |
6.2.4 Maldives Do-It-Yourself (DIY) Tools Market Revenues & Volume, By Furniture Stores, 2021- 2031F |
6.2.5 Maldives Do-It-Yourself (DIY) Tools Market Revenues & Volume, By Online, 2021- 2031F |
6.2.6 Maldives Do-It-Yourself (DIY) Tools Market Revenues & Volume, By Others, 2021- 2031F |
7 Maldives Do-It-Yourself (DIY) Tools Market Import-Export Trade Statistics |
7.1 Maldives Do-It-Yourself (DIY) Tools Market Export to Major Countries |
7.2 Maldives Do-It-Yourself (DIY) Tools Market Imports from Major Countries |
8 Maldives Do-It-Yourself (DIY) Tools Market Key Performance Indicators |
8.1 Average time spent by consumers on DIY projects |
8.2 Number of online searches for DIY tutorials and tools in Maldives |
8.3 Percentage of households in Maldives engaging in DIY activities |
8.4 Rate of growth in the number of local DIY workshops and classes offered in Maldives |
8.5 Customer satisfaction levels with the quality and variety of DIY tools available in the Maldives market |
9 Maldives Do-It-Yourself (DIY) Tools Market - Opportunity Assessment |
9.1 Maldives Do-It-Yourself (DIY) Tools Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Maldives Do-It-Yourself (DIY) Tools Market Opportunity Assessment, By Retail Format Sales, 2021 & 2031F |
10 Maldives Do-It-Yourself (DIY) Tools Market - Competitive Landscape |
10.1 Maldives Do-It-Yourself (DIY) Tools Market Revenue Share, By Companies, 2024 |
10.2 Maldives Do-It-Yourself (DIY) Tools 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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