| Product Code: ETC5742186 | 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 |
Despite the high concentration of import shipments for building thermal insulation in the Maldives, the market saw a significant decline in growth rate in 2024. The top exporting countries such as China, India, UAE, New Zealand, and Singapore continue to dominate the market. The negative Compound Annual Growth Rate (CAGR) from 2020 to 2024 indicates a challenging period for the industry, with a steep decline in growth rate from 2023 to 2024. This data suggests a need for potential strategies to revitalize the market and attract more diversified sources for building thermal insulation imports in the Maldives.

Maldives's Building Thermal Insulation market is anticipated to experience a exponential growth rate of 16.12% by 2027, reflecting trends observed in the largest economy China, 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 Building Thermal Insulation Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Building Thermal Insulation Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Building Thermal Insulation Market - Industry Life Cycle |
3.4 Maldives Building Thermal Insulation Market - Porter's Five Forces |
3.5 Maldives Building Thermal Insulation Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.6 Maldives Building Thermal Insulation Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Maldives Building Thermal Insulation Market Revenues & Volume Share, By Building Type, 2021 & 2031F |
4 Maldives Building Thermal Insulation Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about energy efficiency and sustainability in buildings |
4.2.2 Government regulations promoting the use of thermal insulation in buildings |
4.2.3 Growing construction industry in the Maldives |
4.3 Market Restraints |
4.3.1 High initial cost of thermal insulation materials and installation |
4.3.2 Lack of skilled labor for proper installation of thermal insulation |
4.3.3 Limited availability of advanced thermal insulation materials in the Maldives market |
5 Maldives Building Thermal Insulation Market Trends |
6 Maldives Building Thermal Insulation Market Segmentations |
6.1 Maldives Building Thermal Insulation Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 Maldives Building Thermal Insulation Market Revenues & Volume, By Glasswool, 2021-2031F |
6.1.3 Maldives Building Thermal Insulation Market Revenues & Volume, By Stonewool, 2021-2031F |
6.1.4 Maldives Building Thermal Insulation Market Revenues & Volume, By Plastic Foam, 2021-2031F |
6.2 Maldives Building Thermal Insulation Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Maldives Building Thermal Insulation Market Revenues & Volume, By Roof Insulation, 2021-2031F |
6.2.3 Maldives Building Thermal Insulation Market Revenues & Volume, By Floor Insulation, 2021-2031F |
6.2.4 Maldives Building Thermal Insulation Market Revenues & Volume, By Wall Insulation, 2021-2031F |
6.3 Maldives Building Thermal Insulation Market, By Building Type |
6.3.1 Overview and Analysis |
6.3.2 Maldives Building Thermal Insulation Market Revenues & Volume, By Residential, 2021-2031F |
6.3.3 Maldives Building Thermal Insulation Market Revenues & Volume, By Non-Residential, 2021-2031F |
7 Maldives Building Thermal Insulation Market Import-Export Trade Statistics |
7.1 Maldives Building Thermal Insulation Market Export to Major Countries |
7.2 Maldives Building Thermal Insulation Market Imports from Major Countries |
8 Maldives Building Thermal Insulation Market Key Performance Indicators |
8.1 Energy savings achieved through the use of thermal insulation |
8.2 Number of buildings adopting thermal insulation solutions |
8.3 Growth in demand for thermal insulation materials in the construction sector |
9 Maldives Building Thermal Insulation Market - Opportunity Assessment |
9.1 Maldives Building Thermal Insulation Market Opportunity Assessment, By Material, 2021 & 2031F |
9.2 Maldives Building Thermal Insulation Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Maldives Building Thermal Insulation Market Opportunity Assessment, By Building Type, 2021 & 2031F |
10 Maldives Building Thermal Insulation Market - Competitive Landscape |
10.1 Maldives Building Thermal Insulation Market Revenue Share, By Companies, 2024 |
10.2 Maldives Building Thermal Insulation Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |