| Product Code: ETC8156296 | 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 |
The Maldives personal flotation devices import market continues to see strong growth with a notable CAGR of 26.08% from 2020 to 2024. However, the high concentration of imports from top countries like China, India, USA, Turkey, and Germany indicates a potential risk for market competition. The HHI reaching very high concentration in 2024 suggests a further narrowing of market share among these key exporting countries. Despite a slight decline in growth rate from 2023 to 2024, the market outlook remains positive, highlighting the importance of strategic planning for both importers and exporters in the personal flotation devices industry.

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 Personal Flotation Devices Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Personal Flotation Devices Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Personal Flotation Devices Market - Industry Life Cycle |
3.4 Maldives Personal Flotation Devices Market - Porter's Five Forces |
3.5 Maldives Personal Flotation Devices Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Maldives Personal Flotation Devices Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Maldives Personal Flotation Devices Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
3.8 Maldives Personal Flotation Devices Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Maldives Personal Flotation Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about water safety among tourists and locals in the Maldives |
4.2.2 Growth in water sports and recreational activities in the region |
4.2.3 Stringent regulations mandating the use of personal flotation devices for water-based activities |
4.3 Market Restraints |
4.3.1 Seasonal fluctuations in tourism affecting the demand for personal flotation devices |
4.3.2 High cost associated with quality personal flotation devices |
4.3.3 Limited availability of specialized personal flotation devices in the Maldives market |
5 Maldives Personal Flotation Devices Market Trends |
6 Maldives Personal Flotation Devices Market, By Types |
6.1 Maldives Personal Flotation Devices Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Maldives Personal Flotation Devices Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Maldives Personal Flotation Devices Market Revenues & Volume, By Offshore Life Jacket, 2021- 2031F |
6.1.4 Maldives Personal Flotation Devices Market Revenues & Volume, By Near-shore Buoyant Vest, 2021- 2031F |
6.1.5 Maldives Personal Flotation Devices Market Revenues & Volume, By Flotation Aid, 2021- 2031F |
6.1.6 Maldives Personal Flotation Devices Market Revenues & Volume, By Throwable Devices, 2021- 2031F |
6.1.7 Maldives Personal Flotation Devices Market Revenues & Volume, By Special-use Devices, 2021- 2031F |
6.2 Maldives Personal Flotation Devices Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Maldives Personal Flotation Devices Market Revenues & Volume, By Passenger and Aircraft Crew, 2021- 2031F |
6.2.3 Maldives Personal Flotation Devices Market Revenues & Volume, By Commercial Vessels, 2021- 2031F |
6.2.4 Maldives Personal Flotation Devices Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Maldives Personal Flotation Devices Market, By Sales Channel |
6.3.1 Overview and Analysis |
6.3.2 Maldives Personal Flotation Devices Market Revenues & Volume, By Specialty Stores, 2021- 2031F |
6.3.3 Maldives Personal Flotation Devices Market Revenues & Volume, By Company Owned Outlets, 2021- 2031F |
6.3.4 Maldives Personal Flotation Devices Market Revenues & Volume, By Online Sales Channels, 2021- 2031F |
6.3.5 Maldives Personal Flotation Devices Market Revenues & Volume, By Others, 2021- 2031F |
6.4 Maldives Personal Flotation Devices Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Maldives Personal Flotation Devices Market Revenues & Volume, By Aquaculture Industry, 2021- 2031F |
6.4.3 Maldives Personal Flotation Devices Market Revenues & Volume, By Oil and Gas Industry, 2021- 2031F |
6.4.4 Maldives Personal Flotation Devices Market Revenues & Volume, By Naval Industry, 2021- 2031F |
6.4.5 Maldives Personal Flotation Devices Market Revenues & Volume, By Others, 2021- 2031F |
7 Maldives Personal Flotation Devices Market Import-Export Trade Statistics |
7.1 Maldives Personal Flotation Devices Market Export to Major Countries |
7.2 Maldives Personal Flotation Devices Market Imports from Major Countries |
8 Maldives Personal Flotation Devices Market Key Performance Indicators |
8.1 Number of water sports and recreational activity operators adopting personal flotation devices |
8.2 Percentage increase in the number of water-related accidents in the Maldives |
8.3 Compliance rate with regulations mandating the use of personal flotation devices |
9 Maldives Personal Flotation Devices Market - Opportunity Assessment |
9.1 Maldives Personal Flotation Devices Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Maldives Personal Flotation Devices Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Maldives Personal Flotation Devices Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
9.4 Maldives Personal Flotation Devices Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Maldives Personal Flotation Devices Market - Competitive Landscape |
10.1 Maldives Personal Flotation Devices Market Revenue Share, By Companies, 2024 |
10.2 Maldives Personal Flotation Devices 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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