| Product Code: ETC5407710 | 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 watch straps import market experienced a notable shift in 2024, with China, USA, Indonesia, India, and Metropolitan France emerging as the top exporting countries. The market concentration, as measured by the HHI, increased significantly from moderate to very high in just one year. Despite a negative growth rate in 2024, the compound annual growth rate over the period 2020-24 stood at a steady 2.5%. This suggests a potential for market stability and a strong foundation for future growth in the Maldives watch straps import sector.

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 Watch Straps Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Watch Straps Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Watch Straps Market - Industry Life Cycle |
3.4 Maldives Watch Straps Market - Porter's Five Forces |
3.5 Maldives Watch Straps Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Maldives Watch Straps Market Revenues & Volume Share, By Distribution Channel Outlook (Revenue, USD Million, 2016 - 2027), 2021 & 2031F |
3.7 Maldives Watch Straps Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Maldives Watch Straps Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing popularity of customizable fashion accessories |
4.2.2 Increasing demand for luxury and premium watch brands in the Maldives |
4.2.3 Rise in disposable income leading to higher spending on fashion accessories |
4.3 Market Restraints |
4.3.1 Competition from alternative watch strap materials such as metal and silicone |
4.3.2 Economic instability affecting consumer purchasing power in the region |
5 Maldives Watch Straps Market Trends |
6 Maldives Watch Straps Market Segmentations |
6.1 Maldives Watch Straps Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Maldives Watch Straps Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Maldives Watch Straps Market Revenues & Volume, By Ceramic, 2021-2031F |
6.1.4 Maldives Watch Straps Market Revenues & Volume, By Fabric, 2021-2031F |
6.1.5 Maldives Watch Straps Market Revenues & Volume, By Leather, 2021-2031F |
6.1.6 Maldives Watch Straps Market Revenues & Volume, By Metal, 2021-2031F |
6.1.7 Maldives Watch Straps Market Revenues & Volume, By Plastic, 2021-2031F |
6.2 Maldives Watch Straps Market, By Distribution Channel Outlook (Revenue, USD Million, 2016 - 2027) |
6.2.1 Overview and Analysis |
6.2.2 Maldives Watch Straps Market Revenues & Volume, By Online, 2021-2031F |
6.2.3 Maldives Watch Straps Market Revenues & Volume, By Offline, 2021-2031F |
6.3 Maldives Watch Straps Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Maldives Watch Straps Market Revenues & Volume, By Women, 2021-2031F |
6.3.3 Maldives Watch Straps Market Revenues & Volume, By Men, 2021-2031F |
7 Maldives Watch Straps Market Import-Export Trade Statistics |
7.1 Maldives Watch Straps Market Export to Major Countries |
7.2 Maldives Watch Straps Market Imports from Major Countries |
8 Maldives Watch Straps Market Key Performance Indicators |
8.1 Number of collaborations between watch brands and local designers for unique strap designs |
8.2 Percentage increase in sales of luxury watch brands in the Maldives |
8.3 Growth in online searches for "Maldives watch straps" as a keyword indicating consumer interest |
9 Maldives Watch Straps Market - Opportunity Assessment |
9.1 Maldives Watch Straps Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Maldives Watch Straps Market Opportunity Assessment, By Distribution Channel Outlook (Revenue, USD Million, 2016 - 2027), 2021 & 2031F |
9.3 Maldives Watch Straps Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Maldives Watch Straps Market - Competitive Landscape |
10.1 Maldives Watch Straps Market Revenue Share, By Companies, 2024 |
10.2 Maldives Watch Straps 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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