| Product Code: ETC5305965 | 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 experienced a significant increase in pneumatic tire imports in 2024, with top exporters being China, India, Japan, Thailand, and Malaysia. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), reached very high levels in 2024, indicating a more consolidated market. The impressive Compound Annual Growth Rate (CAGR) of 15.74% from 2020 to 2024 and the strong growth rate of 29.03% in 2024 suggest a growing demand for pneumatic tires in the Maldives, potentially driven by infrastructure development and increasing vehicle ownership.

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 Pneumatic Tires Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Pneumatic Tires Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Pneumatic Tires Market - Industry Life Cycle |
3.4 Maldives Pneumatic Tires Market - Porter's Five Forces |
3.5 Maldives Pneumatic Tires Market Revenues & Volume Share, By Type Of Sales, 2021 & 2031F |
3.6 Maldives Pneumatic Tires Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.7 Maldives Pneumatic Tires Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
4 Maldives Pneumatic Tires Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the automotive industry in the Maldives |
4.2.2 Increasing demand for off-road vehicles and motorcycles |
4.2.3 Infrastructure development projects leading to higher demand for construction vehicles |
4.2.4 Rising focus on eco-friendly transportation solutions |
4.2.5 Increasing tourism industry driving demand for transportation vehicles |
4.3 Market Restraints |
4.3.1 Limited availability of raw materials for tire manufacturing |
4.3.2 High import taxes and tariffs on pneumatic tires |
4.3.3 Fluctuating prices of rubber and other tire manufacturing materials |
4.3.4 Competition from alternative tire technologies such as solid tires |
4.3.5 Impact of external economic factors on consumer purchasing power |
5 Maldives Pneumatic Tires Market Trends |
6 Maldives Pneumatic Tires Market Segmentations |
6.1 Maldives Pneumatic Tires Market, By Type Of Sales |
6.1.1 Overview and Analysis |
6.1.2 Maldives Pneumatic Tires Market Revenues & Volume, By Replacement tires, 2021-2031F |
6.1.3 Maldives Pneumatic Tires Market Revenues & Volume, By OEM, 2021-2031F |
6.2 Maldives Pneumatic Tires Market, By Vehicle Type |
6.2.1 Overview and Analysis |
6.2.2 Maldives Pneumatic Tires Market Revenues & Volume, By Two Wheelers, 2021-2031F |
6.2.3 Maldives Pneumatic Tires Market Revenues & Volume, By Four Wheelers, 2021-2031F |
6.2.4 Maldives Pneumatic Tires Market Revenues & Volume, By Passenger Cars, 2021-2031F |
6.2.5 Maldives Pneumatic Tires Market Revenues & Volume, By Aircraft, 2021-2031F |
6.2.6 Maldives Pneumatic Tires Market Revenues & Volume, By Others, 2021-2031F |
6.3 Maldives Pneumatic Tires Market, By Product Type |
6.3.1 Overview and Analysis |
6.3.2 Maldives Pneumatic Tires Market Revenues & Volume, By Radial Tires, 2021-2031F |
6.3.3 Maldives Pneumatic Tires Market Revenues & Volume, By Cross-ply Tires, 2021-2031F |
7 Maldives Pneumatic Tires Market Import-Export Trade Statistics |
7.1 Maldives Pneumatic Tires Market Export to Major Countries |
7.2 Maldives Pneumatic Tires Market Imports from Major Countries |
8 Maldives Pneumatic Tires Market Key Performance Indicators |
8.1 Average selling price of pneumatic tires in the Maldives |
8.2 Number of new vehicle registrations in the Maldives |
8.3 Percentage of tires imported vs. locally manufactured |
8.4 Adoption rate of eco-friendly tire technologies |
8.5 Utilization rate of vehicles in key industries such as construction and tourism |
9 Maldives Pneumatic Tires Market - Opportunity Assessment |
9.1 Maldives Pneumatic Tires Market Opportunity Assessment, By Type Of Sales, 2021 & 2031F |
9.2 Maldives Pneumatic Tires Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.3 Maldives Pneumatic Tires Market Opportunity Assessment, By Product Type, 2021 & 2031F |
10 Maldives Pneumatic Tires Market - Competitive Landscape |
10.1 Maldives Pneumatic Tires Market Revenue Share, By Companies, 2024 |
10.2 Maldives Pneumatic Tires Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |