| Product Code: ETC5083057 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
Maldives` import shipments continue to rise, with notable contributions from top exporting countries such as India, China, Singapore, UAE, and Japan. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), has significantly increased from high to very high in 2024, indicating a more consolidated market. The impressive compound annual growth rate (CAGR) of 33.69% from 2020 to 2024 reflects the country`s expanding import market. Furthermore, the remarkable growth rate of 55.71% from 2023 to 2024 suggests a rapid acceleration in import activities, highlighting Maldives` increasing reliance on these key trading partners.
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 Hoists Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Hoists Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Hoists Market - Industry Life Cycle |
3.4 Maldives Hoists Market - Porter's Five Forces |
3.5 Maldives Hoists Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Maldives Hoists Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 Maldives Hoists Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing construction industry in the Maldives leading to an increased demand for hoists |
4.2.2 Government investments in infrastructure projects driving the need for hoisting equipment |
4.2.3 Increasing focus on safety regulations and standards in the construction sector |
4.3 Market Restraints |
4.3.1 High initial investment required for purchasing hoisting equipment |
4.3.2 Limited availability of skilled labor for operating and maintaining hoists |
4.3.3 Economic instability in the region affecting construction activities and investments |
5 Maldives Hoists Market Trends |
6 Maldives Hoists Market Segmentations |
6.1 Maldives Hoists Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Maldives Hoists Market Revenues & Volume, By Manual Hoists, 2021-2031F |
6.1.3 Maldives Hoists Market Revenues & Volume, By Electric Hoists, 2021-2031F |
6.1.4 Maldives Hoists Market Revenues & Volume, By Air Hoists, 2021-2031F |
6.1.5 Maldives Hoists Market Revenues & Volume, By Hydraulic Hoists, 2021-2031F |
6.2 Maldives Hoists Market, By End-users |
6.2.1 Overview and Analysis |
6.2.2 Maldives Hoists Market Revenues & Volume, By Marinas and Shipyards, 2021-2031F |
6.2.3 Maldives Hoists Market Revenues & Volume, By Construction Sites, 2021-2031F |
6.2.4 Maldives Hoists Market Revenues & Volume, By Factories, 2021-2031F |
7 Maldives Hoists Market Import-Export Trade Statistics |
7.1 Maldives Hoists Market Export to Major Countries |
7.2 Maldives Hoists Market Imports from Major Countries |
8 Maldives Hoists Market Key Performance Indicators |
8.1 Average utilization rate of hoisting equipment in construction projects |
8.2 Number of safety incidents related to hoists on construction sites |
8.3 Adoption rate of advanced hoisting technologies in the Maldives |
9 Maldives Hoists Market - Opportunity Assessment |
9.1 Maldives Hoists Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Maldives Hoists Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 Maldives Hoists Market - Competitive Landscape |
10.1 Maldives Hoists Market Revenue Share, By Companies, 2024 |
10.2 Maldives Hoists Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |