| Product Code: ETC11227774 | 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 |
The Maldives tyre import market in 2024 saw significant growth with a CAGR of 20.59% from 2020 to 2024, driven by imports primarily from India, China, Indonesia, Thailand, and the USA. The market concentration, as measured by the HHI, increased from moderate in 2023 to high in 2024, indicating a more consolidated market landscape. The growth rate from 2023 to 2024 was an impressive 11.49%, showcasing the increasing demand for tyres in the Maldives. This data suggests a competitive market with strong potential for further growth and opportunities for key players in the tyre 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 Tyres Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Tyres Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Tyres Market - Industry Life Cycle |
3.4 Maldives Tyres Market - Porter's Five Forces |
3.5 Maldives Tyres Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Maldives Tyres Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Maldives Tyres Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.8 Maldives Tyres Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Maldives Tyres Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Maldives Tyres Market Trends |
6 Maldives Tyres Market, By Types |
6.1 Maldives Tyres Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Maldives Tyres Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Maldives Tyres Market Revenues & Volume, By Radial, 2021 - 2031F |
6.1.4 Maldives Tyres Market Revenues & Volume, By Bias Ply, 2021 - 2031F |
6.1.5 Maldives Tyres Market Revenues & Volume, By Tubeless, 2021 - 2031F |
6.1.6 Maldives Tyres Market Revenues & Volume, By Tube Type, 2021 - 2031F |
6.2 Maldives Tyres Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Maldives Tyres Market Revenues & Volume, By Natural Rubber, 2021 - 2031F |
6.2.3 Maldives Tyres Market Revenues & Volume, By Synthetic Rubber, 2021 - 2031F |
6.2.4 Maldives Tyres Market Revenues & Volume, By Recycled Material, 2021 - 2031F |
6.2.5 Maldives Tyres Market Revenues & Volume, By Carbon-Based, 2021 - 2031F |
6.3 Maldives Tyres Market, By Vehicle Type |
6.3.1 Overview and Analysis |
6.3.2 Maldives Tyres Market Revenues & Volume, By Passenger Cars, 2021 - 2031F |
6.3.3 Maldives Tyres Market Revenues & Volume, By Commercial Vehicles, 2021 - 2031F |
6.3.4 Maldives Tyres Market Revenues & Volume, By Two-Wheelers, 2021 - 2031F |
6.3.5 Maldives Tyres Market Revenues & Volume, By Off-Road Vehicles, 2021 - 2031F |
6.4 Maldives Tyres Market, By End Use |
6.4.1 Overview and Analysis |
6.4.2 Maldives Tyres Market Revenues & Volume, By OEMs, 2021 - 2031F |
6.4.3 Maldives Tyres Market Revenues & Volume, By Aftermarket, 2021 - 2031F |
6.4.4 Maldives Tyres Market Revenues & Volume, By Fleet Operators, 2021 - 2031F |
6.4.5 Maldives Tyres Market Revenues & Volume, By Agriculture and Construction, 2021 - 2031F |
7 Maldives Tyres Market Import-Export Trade Statistics |
7.1 Maldives Tyres Market Export to Major Countries |
7.2 Maldives Tyres Market Imports from Major Countries |
8 Maldives Tyres Market Key Performance Indicators |
9 Maldives Tyres Market - Opportunity Assessment |
9.1 Maldives Tyres Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Maldives Tyres Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Maldives Tyres Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.4 Maldives Tyres Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Maldives Tyres Market - Competitive Landscape |
10.1 Maldives Tyres Market Revenue Share, By Companies, 2024 |
10.2 Maldives Tyres 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.
To discover high-growth global markets and optimize your business strategy:
Click Here