| Product Code: ETC5405449 | 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 continues to rely on imports of lifebuoy rings, with China, India, Thailand, USA, and UAE leading the way in 2024. Despite a high concentration of imports, the market saw significant growth with a CAGR of 56.56% from 2020 to 2024. However, there was a slight decline in the growth rate from 2023 to 2024 at -9.56%. This data highlights the importance of these top exporting countries in supplying life-saving equipment to the Maldives, but also suggests a potential slowdown in demand in the most recent year.

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 Lifebuoy Rings Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Lifebuoy Rings Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Lifebuoy Rings Market - Industry Life Cycle |
3.4 Maldives Lifebuoy Rings Market - Porter's Five Forces |
3.5 Maldives Lifebuoy Rings Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Maldives Lifebuoy Rings Market Revenues & Volume Share, By Raw Material, 2021 & 2031F |
4 Maldives Lifebuoy Rings Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness of water safety and drowning prevention measures in the Maldives |
4.2.2 Growth in tourism industry leading to higher demand for safety equipment like lifebuoy rings |
4.2.3 Government regulations mandating the use of life-saving equipment in public places |
4.3 Market Restraints |
4.3.1 Seasonal fluctuations in tourist arrivals impacting the demand for lifebuoy rings |
4.3.2 Price sensitivity among local communities affecting purchasing decisions |
4.3.3 Limited availability of high-quality lifebuoy rings in the local market |
5 Maldives Lifebuoy Rings Market Trends |
6 Maldives Lifebuoy Rings Market Segmentations |
6.1 Maldives Lifebuoy Rings Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Maldives Lifebuoy Rings Market Revenues & Volume, By Inherently Buoyant, 2021-2031F | 6.1.4 Maldives Lifebuoy Rings Market Revenues & Volume, By Inflatable, 2021-2031F |
6.2 Maldives Lifebuoy Rings Market, By Raw Material |
6.2.1 Overview and Analysis |
6.2.2 Maldives Lifebuoy Rings Market Revenues & Volume, By Nylon, 2021-2031F |
6.2.3 Maldives Lifebuoy Rings Market Revenues & Volume, By Foam, 2021-2031F |
6.2.4 Maldives Lifebuoy Rings Market Revenues & Volume, By Plastic, 2021-2031F |
7 Maldives Lifebuoy Rings Market Import-Export Trade Statistics |
7.1 Maldives Lifebuoy Rings Market Export to Major Countries |
7.2 Maldives Lifebuoy Rings Market Imports from Major Countries |
8 Maldives Lifebuoy Rings Market Key Performance Indicators |
8.1 Number of drowning incidents reported in the Maldives |
8.2 Percentage of hotels/resorts compliant with safety regulations regarding lifebuoy rings |
8.3 Number of water sports activities and excursions offered in the Maldives |
8.4 Rate of adoption of safety protocols in public spaces by the government |
8.5 Customer satisfaction levels with the quality and effectiveness of lifebuoy rings in the Maldives |
9 Maldives Lifebuoy Rings Market - Opportunity Assessment |
9.1 Maldives Lifebuoy Rings Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Maldives Lifebuoy Rings Market Opportunity Assessment, By Raw Material, 2021 & 2031F |
10 Maldives Lifebuoy Rings Market - Competitive Landscape |
10.1 Maldives Lifebuoy Rings Market Revenue Share, By Companies, 2024 |
10.2 Maldives Lifebuoy Rings Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |