| Product Code: ETC5682602 | 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 upholstered furniture import market continues to thrive with significant growth in 2024. The top exporting countries such as China, Indonesia, Thailand, Sri Lanka, and Malaysia are key players driving this growth. The market concentration, as indicated by the HHI, has increased significantly from 2023 to 2024, suggesting a more consolidated market landscape. With a remarkable CAGR of 19.64% from 2020 to 2024 and a rapid growth rate of 33.6% in 2024, the Maldives market for upholstered furniture imports is poised for continued expansion and competition among key exporters.

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 Upholstered? Furniture Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Upholstered? Furniture Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Upholstered? Furniture Market - Industry Life Cycle |
3.4 Maldives Upholstered? Furniture Market - Porter's Five Forces |
3.5 Maldives Upholstered? Furniture Market Revenues & Volume Share Segmentations, 2021 & 2031F |
3.6 Maldives Upholstered? Furniture Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Maldives Upholstered? Furniture Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the real estate sector in the Maldives, leading to increased demand for furniture. |
4.2.2 Rising disposable income levels among the population, driving spending on home furnishings. |
4.2.3 Tourism industry growth in the Maldives, boosting demand for hospitality furniture. |
4.3 Market Restraints |
4.3.1 High import duties on furniture materials, impacting production costs and pricing. |
4.3.2 Limited availability of skilled labor for furniture manufacturing in the Maldives. |
5 Maldives Upholstered? Furniture Market Trends |
6 Maldives Upholstered? Furniture Market Segmentations |
6.1 Maldives Upholstered? Furniture Market Segmentations |
6.1.1 Overview and Analysis |
6.1.2 Maldives Upholstered? Furniture Market Revenues & Volume, By Chair, 2021-2031F |
6.1.3 Maldives Upholstered? Furniture Market Revenues & Volume, By Sofas, 2021-2031F |
6.1.4 Maldives Upholstered? Furniture Market Revenues & Volume, By Tables, 2021-2031F |
6.1.5 Maldives Upholstered? Furniture Market Revenues & Volume, By Beds, 2021-2031F |
6.1.6 Maldives Upholstered? Furniture Market Revenues & Volume, By Other, 2021-2031F |
6.2 Maldives Upholstered? Furniture Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Maldives Upholstered? Furniture Market Revenues & Volume, By Residential, 2021-2031F |
6.2.3 Maldives Upholstered? Furniture Market Revenues & Volume, By Commercial, 2021-2031F |
7 Maldives Upholstered? Furniture Market Import-Export Trade Statistics |
7.1 Maldives Upholstered? Furniture Market Export to Major Countries |
7.2 Maldives Upholstered? Furniture Market Imports from Major Countries |
8 Maldives Upholstered? Furniture Market Key Performance Indicators |
8.1 Average selling price of upholstered furniture in the Maldives market. |
8.2 Consumer confidence index in the Maldives, indicating willingness to spend on furniture. |
8.3 Number of new hotel and resort developments in the Maldives, reflecting demand for hospitality furniture. |
9 Maldives Upholstered? Furniture Market - Opportunity Assessment |
9.1 Maldives Upholstered? Furniture Market Opportunity Assessment Segmentations, 2021 & 2031F |
9.2 Maldives Upholstered? Furniture Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Maldives Upholstered? Furniture Market - Competitive Landscape |
10.1 Maldives Upholstered? Furniture Market Revenue Share, By Companies, 2024 |
10.2 Maldives Upholstered? Furniture Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |