| Product Code: ETC4722627 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Maldives experienced a significant increase in washing machine imports in 2024, with top exporting countries being China, Italy, Spain, Czechia, and the USA. The Herfindahl-Hirschman Index (HHI) indicated moderate concentration in the market. The compound annual growth rate (CAGR) from 2020 to 2024 was an impressive 50.77%, showcasing a rapidly expanding market. Furthermore, the growth rate from 2023 to 2024 surged by 88.72%, indicating a robust demand for washing machines in the Maldives.

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 Washing Machine Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Washing Machine Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Washing Machine Market - Industry Life Cycle |
3.4 Maldives Washing Machine Market - Porter's Five Forces |
3.5 Maldives Washing Machine Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Maldives Washing Machine Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Maldives Washing Machine Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
3.8 Maldives Washing Machine Market Revenues & Volume Share, By End-use, 2021 & 2031F |
3.9 Maldives Washing Machine Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Maldives Washing Machine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Maldives Washing Machine Market Trends |
6 Maldives Washing Machine Market Segmentations |
6.1 Maldives Washing Machine Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Maldives Washing Machine Market Revenues & Volume, By Fully automatic, 2021-2031F |
6.1.3 Maldives Washing Machine Market Revenues & Volume, By Semi-automatic, 2021-2031F |
6.1.4 Maldives Washing Machine Market Revenues & Volume, By Dryers, 2021-2031F |
6.2 Maldives Washing Machine Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Maldives Washing Machine Market Revenues & Volume, By Smart connected washing machine, 2021-2031F |
6.2.3 Maldives Washing Machine Market Revenues & Volume, By Conventional washing machine, 2021-2031F |
6.3 Maldives Washing Machine Market, By Capacity |
6.3.1 Overview and Analysis |
6.3.2 Maldives Washing Machine Market Revenues & Volume, By Below 6 kg, 2021-2031F |
6.3.3 Maldives Washing Machine Market Revenues & Volume, By 6.1 to 8 kg, 2021-2031F |
6.3.4 Maldives Washing Machine Market Revenues & Volume, By Above 8 kg, 2021-2031F |
6.4 Maldives Washing Machine Market, By End-use |
6.4.1 Overview and Analysis |
6.4.2 Maldives Washing Machine Market Revenues & Volume, By Commercial, 2021-2031F |
6.4.3 Maldives Washing Machine Market Revenues & Volume, By Residential, 2021-2031F |
6.5 Maldives Washing Machine Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Maldives Washing Machine Market Revenues & Volume, By Healthcare, 2021-2031F |
6.5.3 Maldives Washing Machine Market Revenues & Volume, By Hospitality, 2021-2031F |
6.5.4 Maldives Washing Machine Market Revenues & Volume, By Others, 2021-2031F |
7 Maldives Washing Machine Market Import-Export Trade Statistics |
7.1 Maldives Washing Machine Market Export to Major Countries |
7.2 Maldives Washing Machine Market Imports from Major Countries |
8 Maldives Washing Machine Market Key Performance Indicators |
9 Maldives Washing Machine Market - Opportunity Assessment |
9.1 Maldives Washing Machine Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Maldives Washing Machine Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Maldives Washing Machine Market Opportunity Assessment, By Capacity, 2021 & 2031F |
9.4 Maldives Washing Machine Market Opportunity Assessment, By End-use, 2021 & 2031F |
9.5 Maldives Washing Machine Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Maldives Washing Machine Market - Competitive Landscape |
10.1 Maldives Washing Machine Market Revenue Share, By Companies, 2024 |
10.2 Maldives Washing Machine 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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