| Product Code: ETC5248509 | 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 |
Maldives continues to heavily rely on imports for bicycle tires, with top exporters being China, India, Thailand, Taiwan, and Sri Lanka in 2024. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The impressive Compound Annual Growth Rate (CAGR) of 18.07% from 2020 to 2024 highlights the increasing demand for bicycle tires in Maldives. Additionally, the growth rate of 9.54% from 2023 to 2024 suggests a sustained momentum in the market. These trends indicate a favorable outlook for bicycle tire import shipments in Maldives.

By 2027, Maldives's Bicycle Tires market is forecasted to achieve a high growth rate of 10.77%, with China leading the Asia region, followed by India, Japan, Australia and South Korea.

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 Bicycle Tires Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Bicycle Tires Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Bicycle Tires Market - Industry Life Cycle |
3.4 Maldives Bicycle Tires Market - Porter's Five Forces |
3.5 Maldives Bicycle Tires Market Revenues & Volume Share, By Bicycle Type, 2021 & 2031F |
3.6 Maldives Bicycle Tires Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Maldives Bicycle Tires Market Revenues & Volume Share, By Tire Size, 2021 & 2031F |
3.8 Maldives Bicycle Tires Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Maldives Bicycle Tires Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing popularity of cycling as a recreational and eco-friendly transportation option in the Maldives. |
4.2.2 Growth in the tourism industry leading to a higher demand for bicycles and related accessories. |
4.2.3 Government initiatives promoting a healthy lifestyle and sustainable transportation methods. |
4.3 Market Restraints |
4.3.1 Limited availability of high-quality bicycle tires in the Maldives market. |
4.3.2 Dependence on imports, leading to potential supply chain disruptions and price fluctuations. |
4.3.3 Challenges in distribution and logistics in a geographically dispersed island nation like the Maldives. |
5 Maldives Bicycle Tires Market Trends |
6 Maldives Bicycle Tires Market Segmentations |
6.1 Maldives Bicycle Tires Market, By Bicycle Type |
6.1.1 Overview and Analysis |
6.1.2 Maldives Bicycle Tires Market Revenues & Volume, By Mountain, 2021-2031F |
6.1.3 Maldives Bicycle Tires Market Revenues & Volume, By Hybrid, 2021-2031F |
6.1.4 Maldives Bicycle Tires Market Revenues & Volume, By Electric, 2021-2031F |
6.1.5 Maldives Bicycle Tires Market Revenues & Volume, By Comfort, 2021-2031F |
6.1.6 Maldives Bicycle Tires Market Revenues & Volume, By Youth, 2021-2031F |
6.1.7 Maldives Bicycle Tires Market Revenues & Volume, By Cruiser, 2021-2031F |
6.2 Maldives Bicycle Tires Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Maldives Bicycle Tires Market Revenues & Volume, By Tube Tire, 2021-2031F |
6.2.3 Maldives Bicycle Tires Market Revenues & Volume, By Tubeless Tire, 2021-2031F |
6.2.4 Maldives Bicycle Tires Market Revenues & Volume, By Solid Tire, 2021-2031F |
6.3 Maldives Bicycle Tires Market, By Tire Size |
6.3.1 Overview and Analysis |
6.3.2 Maldives Bicycle Tires Market Revenues & Volume, By Upto 12 inch, 2021-2031F |
6.3.3 Maldives Bicycle Tires Market Revenues & Volume, By 12 to 22 inch, 2021-2031F |
6.3.4 Maldives Bicycle Tires Market Revenues & Volume, By Above 22 inch, 2021-2031F |
6.4 Maldives Bicycle Tires Market, By Sales Channel |
6.4.1 Overview and Analysis |
6.4.2 Maldives Bicycle Tires Market Revenues & Volume, By OEM, 2021-2031F |
6.4.3 Maldives Bicycle Tires Market Revenues & Volume, By Aftermarket, 2021-2031F |
7 Maldives Bicycle Tires Market Import-Export Trade Statistics |
7.1 Maldives Bicycle Tires Market Export to Major Countries |
7.2 Maldives Bicycle Tires Market Imports from Major Countries |
8 Maldives Bicycle Tires Market Key Performance Indicators |
8.1 Average selling price of bicycle tires in the Maldives market. |
8.2 Number of new bicycle tire product launches specifically targeting the Maldives market. |
8.3 Percentage of market share held by local bicycle tire manufacturers in the Maldives. |
9 Maldives Bicycle Tires Market - Opportunity Assessment |
9.1 Maldives Bicycle Tires Market Opportunity Assessment, By Bicycle Type, 2021 & 2031F |
9.2 Maldives Bicycle Tires Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.3 Maldives Bicycle Tires Market Opportunity Assessment, By Tire Size, 2021 & 2031F |
9.4 Maldives Bicycle Tires Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 Maldives Bicycle Tires Market - Competitive Landscape |
10.1 Maldives Bicycle Tires Market Revenue Share, By Companies, 2024 |
10.2 Maldives Bicycle Tires 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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