| Product Code: ETC5518480 | 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 |
The Maldives fashion accessories import market is experiencing steady growth, with top exporters including China, Thailand, Malaysia, New Zealand, and Greece. The market concentration has shifted from low to moderate in 2024, indicating increased competition among suppliers. The impressive CAGR of 46.24% from 2020 to 2024 highlights the growing demand for fashion accessories in the Maldives. Additionally, the growth rate of 5.58% from 2023 to 2024 suggests a positive trend in the market, offering opportunities for both local retailers and international brands to capitalize on the thriving fashion accessory sector in the Maldives.

By 2027, the Fashion Accessories market in Maldives is anticipated to reach a growth rate of 11.91%, as part of an increasingly competitive Asia region, where China remains at the forefront, supported by India, Japan, Australia and South Korea, driving innovations and market adoption across sectors.

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 Fashion Accessories Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Fashion Accessories Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Fashion Accessories Market - Industry Life Cycle |
3.4 Maldives Fashion Accessories Market - Porter's Five Forces |
3.5 Maldives Fashion Accessories Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Maldives Fashion Accessories Market Revenues & Volume Share, By End-User, 2021 & 2031F |
3.7 Maldives Fashion Accessories Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Maldives Fashion Accessories Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing tourism industry in the Maldives leading to increased demand for fashion accessories. |
4.2.2 Rising disposable income of the local population driving consumption of fashion accessories. |
4.2.3 Influence of social media and digital platforms on fashion trends, boosting the market for accessories. |
4.3 Market Restraints |
4.3.1 Seasonality in tourism affecting the demand for fashion accessories. |
4.3.2 Limited domestic production capabilities leading to reliance on imports for fashion accessories. |
4.3.3 High competition from international brands impacting the market dynamics. |
5 Maldives Fashion Accessories Market Trends |
6 Maldives Fashion Accessories Market Segmentations |
6.1 Maldives Fashion Accessories Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Maldives Fashion Accessories Market Revenues & Volume, By Footwear, 2021-2031F |
6.1.3 Maldives Fashion Accessories Market Revenues & Volume, By Apparel, 2021-2031F |
6.1.4 Maldives Fashion Accessories Market Revenues & Volume, By Wallets, 2021-2031F |
6.1.5 Maldives Fashion Accessories Market Revenues & Volume, By Handbags, 2021-2031F |
6.1.6 Maldives Fashion Accessories Market Revenues & Volume, By Watches, 2021-2031F |
6.1.7 Maldives Fashion Accessories Market Revenues & Volume, By Other? , 2021-2031F |
6.2 Maldives Fashion Accessories Market, By End-User |
6.2.1 Overview and Analysis |
6.2.2 Maldives Fashion Accessories Market Revenues & Volume, By Men, 2021-2031F |
6.2.3 Maldives Fashion Accessories Market Revenues & Volume, By Women, 2021-2031F |
6.2.4 Maldives Fashion Accessories Market Revenues & Volume, By Kids/Children, 2021-2031F |
6.2.5 Maldives Fashion Accessories Market Revenues & Volume, By Unisex, 2021-2031F |
6.3 Maldives Fashion Accessories Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Maldives Fashion Accessories Market Revenues & Volume, By Offline channel, 2021-2031F |
6.3.3 Maldives Fashion Accessories Market Revenues & Volume, By Online channel, 2021-2031F |
7 Maldives Fashion Accessories Market Import-Export Trade Statistics |
7.1 Maldives Fashion Accessories Market Export to Major Countries |
7.2 Maldives Fashion Accessories Market Imports from Major Countries |
8 Maldives Fashion Accessories Market Key Performance Indicators |
8.1 Social media engagement and following of local fashion accessory brands. |
8.2 Number of tourist arrivals and their average spending on fashion accessories. |
8.3 Growth in the number of local fashion accessory designers and brands. |
8.4 Percentage of locally sourced materials used in the production of fashion accessories. |
8.5 Adoption rate of sustainable and eco-friendly practices in the fashion accessories market. |
9 Maldives Fashion Accessories Market - Opportunity Assessment |
9.1 Maldives Fashion Accessories Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Maldives Fashion Accessories Market Opportunity Assessment, By End-User, 2021 & 2031F |
9.3 Maldives Fashion Accessories Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Maldives Fashion Accessories Market - Competitive Landscape |
10.1 Maldives Fashion Accessories Market Revenue Share, By Companies, 2024 |
10.2 Maldives Fashion Accessories Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |