| Product Code: ETC8152312 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Maldives continued to see a high concentration of light commercial truck imports in 2024, with top exporters being China, Japan, Netherlands, India, and Sri Lanka. The market experienced significant growth with a CAGR of 50.56% from 2020 to 2024. However, there was a notable decline in growth rate from 2023 to 2024 at -18.49%. This data suggests a dynamic market environment with fluctuations in import trends, potentially influenced by global economic conditions and domestic demand factors.

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 Light Commercial Truck Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Light Commercial Truck Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Light Commercial Truck Market - Industry Life Cycle |
3.4 Maldives Light Commercial Truck Market - Porter's Five Forces |
3.5 Maldives Light Commercial Truck Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.6 Maldives Light Commercial Truck Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Maldives Light Commercial Truck Market Revenues & Volume Share, By Drive Type, 2021 & 2031F |
3.8 Maldives Light Commercial Truck Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Maldives Light Commercial Truck Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for last-mile delivery services due to e-commerce growth |
4.2.2 Government initiatives promoting infrastructure development |
4.2.3 Growth in tourism industry leading to higher demand for transportation services |
4.3 Market Restraints |
4.3.1 High import duties on commercial vehicles increasing overall cost |
4.3.2 Limited road infrastructure and traffic congestion affecting truck operations |
5 Maldives Light Commercial Truck Market Trends |
6 Maldives Light Commercial Truck Market, By Types |
6.1 Maldives Light Commercial Truck Market, By Vehicle Type |
6.1.1 Overview and Analysis |
6.1.2 Maldives Light Commercial Truck Market Revenues & Volume, By Vehicle Type, 2021- 2031F |
6.1.3 Maldives Light Commercial Truck Market Revenues & Volume, By Pick-Up Truck, 2021- 2031F |
6.1.4 Maldives Light Commercial Truck Market Revenues & Volume, By Vans, 2021- 2031F |
6.1.5 Maldives Light Commercial Truck Market Revenues & Volume, By Bus, 2021- 2031F |
6.1.6 Maldives Light Commercial Truck Market Revenues & Volume, By Crossovers, 2021- 2031F |
6.1.7 Maldives Light Commercial Truck Market Revenues & Volume, By SUV, 2021- 2031F |
6.2 Maldives Light Commercial Truck Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Maldives Light Commercial Truck Market Revenues & Volume, By Plastic Fuel Tank, 2021- 2031F |
6.2.3 Maldives Light Commercial Truck Market Revenues & Volume, By Metal Fuel Tank, 2021- 2031F |
6.3 Maldives Light Commercial Truck Market, By Drive Type |
6.3.1 Overview and Analysis |
6.3.2 Maldives Light Commercial Truck Market Revenues & Volume, By IC Engine, 2021- 2031F |
6.3.3 Maldives Light Commercial Truck Market Revenues & Volume, By Electric/Hybrid, 2021- 2031F |
6.4 Maldives Light Commercial Truck Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Maldives Light Commercial Truck Market Revenues & Volume, By Commercial Fleet, 2021- 2031F |
6.4.3 Maldives Light Commercial Truck Market Revenues & Volume, By Government Fleet, 2021- 2031F |
7 Maldives Light Commercial Truck Market Import-Export Trade Statistics |
7.1 Maldives Light Commercial Truck Market Export to Major Countries |
7.2 Maldives Light Commercial Truck Market Imports from Major Countries |
8 Maldives Light Commercial Truck Market Key Performance Indicators |
8.1 Average fleet utilization rate |
8.2 Average delivery time |
8.3 Percentage of trucks equipped with eco-friendly technology |
8.4 Number of new entrants in the market |
8.5 Number of road infrastructure development projects completed |
9 Maldives Light Commercial Truck Market - Opportunity Assessment |
9.1 Maldives Light Commercial Truck Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.2 Maldives Light Commercial Truck Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.3 Maldives Light Commercial Truck Market Opportunity Assessment, By Drive Type, 2021 & 2031F |
9.4 Maldives Light Commercial Truck Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Maldives Light Commercial Truck Market - Competitive Landscape |
10.1 Maldives Light Commercial Truck Market Revenue Share, By Companies, 2024 |
10.2 Maldives Light Commercial Truck Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |