| Product Code: ETC5153015 | 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 saw a significant shift in the handbag import market in 2024, with top exporting countries being China, India, Thailand, Italy, and Malaysia. The market experienced a rapid compound annual growth rate (CAGR) of 45.16% from 2020 to 2024. However, the growth rate declined by -4.58% from 2023 to 2024. The Herfindahl-Hirschman Index (HHI) reflected a transition from low to high concentration in 2024, indicating a potential shift in market dynamics and increased competition among suppliers.

Maldives's Handbag market is anticipated to experience a growing growth rate of 9.23% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.

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 Handbag Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Handbag Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Handbag Market - Industry Life Cycle |
3.4 Maldives Handbag Market - Porter's Five Forces |
3.5 Maldives Handbag Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Maldives Handbag Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Maldives Handbag Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Maldives Handbag Market Trends |
6 Maldives Handbag Market Segmentations |
6.1 Maldives Handbag Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Maldives Handbag Market Revenues & Volume, By Satchel, 2021-2031F |
6.1.3 Maldives Handbag Market Revenues & Volume, By Bucket Bag, 2021-2031F |
6.1.4 Maldives Handbag Market Revenues & Volume, By Clutch, 2021-2031F |
6.1.5 Maldives Handbag Market Revenues & Volume, By Tote Bag, 2021-2031F |
6.1.6 Maldives Handbag Market Revenues & Volume, By Other Product Types, 2021-2031F |
6.2 Maldives Handbag Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Maldives Handbag Market Revenues & Volume, By Online Retail Stores, 2021-2031F |
6.2.3 Maldives Handbag Market Revenues & Volume, By Offline Retail Stores, 2021-2031F |
7 Maldives Handbag Market Import-Export Trade Statistics |
7.1 Maldives Handbag Market Export to Major Countries |
7.2 Maldives Handbag Market Imports from Major Countries |
8 Maldives Handbag Market Key Performance Indicators |
9 Maldives Handbag Market - Opportunity Assessment |
9.1 Maldives Handbag Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Maldives Handbag Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Maldives Handbag Market - Competitive Landscape |
10.1 Maldives Handbag Market Revenue Share, By Companies, 2024 |
10.2 Maldives Handbag 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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