| Product Code: ETC10384318 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
Maldives continues to rely on second hand tire imports, with Japan, India, China, Taiwan, and Sri Lanka being the top exporters in 2024. Despite a high Herfindahl-Hirschman Index indicating market concentration, the industry experienced a negative compound annual growth rate of -0.97% from 2020 to 2024. The growth rate plummeted by -41.73% from 2023 to 2024, reflecting a challenging market environment. The country`s dependence on these imports suggests ongoing demand, but potential shifts in trade dynamics or regulations may impact the industry`s future trajectory.

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 Second Hand Tire Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Second Hand Tire Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Second Hand Tire Market - Industry Life Cycle |
3.4 Maldives Second Hand Tire Market - Porter's Five Forces |
3.5 Maldives Second Hand Tire Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Maldives Second Hand Tire Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.7 Maldives Second Hand Tire Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Maldives Second Hand Tire Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Maldives Second Hand Tire Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for cost-effective transportation solutions |
4.2.2 Increasing awareness about environmental sustainability |
4.2.3 Expansion of the automotive industry in the Maldives |
4.3 Market Restraints |
4.3.1 Lack of regulations and standards for second-hand tires |
4.3.2 Limited availability of high-quality second-hand tires |
4.3.3 Competition from low-cost new tires |
5 Maldives Second Hand Tire Market Trends |
6 Maldives Second Hand Tire Market, By Types |
6.1 Maldives Second Hand Tire Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Maldives Second Hand Tire Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Maldives Second Hand Tire Market Revenues & Volume, By Passenger Tires, 2021 - 2031F |
6.1.4 Maldives Second Hand Tire Market Revenues & Volume, By Commercial Tires, 2021 - 2031F |
6.1.5 Maldives Second Hand Tire Market Revenues & Volume, By Industrial Tires, 2021 - 2031F |
6.1.6 Maldives Second Hand Tire Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Maldives Second Hand Tire Market, By Grade |
6.2.1 Overview and Analysis |
6.2.2 Maldives Second Hand Tire Market Revenues & Volume, By Grade A, 2021 - 2031F |
6.2.3 Maldives Second Hand Tire Market Revenues & Volume, By Grade B, 2021 - 2031F |
6.2.4 Maldives Second Hand Tire Market Revenues & Volume, By Grade C, 2021 - 2031F |
6.2.5 Maldives Second Hand Tire Market Revenues & Volume, By Others, 2021 - 2031F |
6.3 Maldives Second Hand Tire Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Maldives Second Hand Tire Market Revenues & Volume, By Retailers, 2021 - 2031F |
6.3.3 Maldives Second Hand Tire Market Revenues & Volume, By Fleets, 2021 - 2031F |
6.3.4 Maldives Second Hand Tire Market Revenues & Volume, By Wholesalers, 2021 - 2031F |
6.3.5 Maldives Second Hand Tire Market Revenues & Volume, By Others, 2021 - 2031F |
6.4 Maldives Second Hand Tire Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Maldives Second Hand Tire Market Revenues & Volume, By Resale Market, 2021 - 2031F |
6.4.3 Maldives Second Hand Tire Market Revenues & Volume, By Temporary Use, 2021 - 2031F |
6.4.4 Maldives Second Hand Tire Market Revenues & Volume, By Recycling, 2021 - 2031F |
6.4.5 Maldives Second Hand Tire Market Revenues & Volume, By Others, 2021 - 2031F |
7 Maldives Second Hand Tire Market Import-Export Trade Statistics |
7.1 Maldives Second Hand Tire Market Export to Major Countries |
7.2 Maldives Second Hand Tire Market Imports from Major Countries |
8 Maldives Second Hand Tire Market Key Performance Indicators |
8.1 Average lifespan of second-hand tires in the market |
8.2 Percentage of tires meeting safety standards |
8.3 Adoption rate of eco-friendly tire disposal practices |
9 Maldives Second Hand Tire Market - Opportunity Assessment |
9.1 Maldives Second Hand Tire Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Maldives Second Hand Tire Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.3 Maldives Second Hand Tire Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Maldives Second Hand Tire Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Maldives Second Hand Tire Market - Competitive Landscape |
10.1 Maldives Second Hand Tire Market Revenue Share, By Companies, 2024 |
10.2 Maldives Second Hand Tire 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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