| Product Code: ETC4685121 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
Maldives continues to rely on key players such as China, India, USA, Germany, and Thailand for asphalt shingle imports in 2024. Despite a negative compound annual growth rate (CAGR) from 2020 to 2024, there was a significant growth spurt in 2024 with a growth rate of 70.18%. The Herfindahl-Hirschman Index (HHI) indicates a high concentration of imports among these top exporting countries, suggesting a stable market dominance. This data underscores the importance of these nations in supplying asphalt shingles to meet Maldives` construction needs.
The Asphalt Shingles market in Maldives is projected to grow at a growing growth rate of 9.24% by 2027, highlighting the country's increasing focus on advanced technologies within the Asia region, where China holds the dominant position, followed closely by India, Japan, Australia and South Korea, shaping overall regional demand.

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 Asphalt Shingles Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Asphalt Shingles Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Asphalt Shingles Market - Industry Life Cycle |
3.4 Maldives Asphalt Shingles Market - Porter's Five Forces |
3.5 Maldives Asphalt Shingles Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Maldives Asphalt Shingles Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Maldives Asphalt Shingles Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Maldives Asphalt Shingles Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Maldives Asphalt Shingles Market Trends |
6 Maldives Asphalt Shingles Market Segmentations |
6.1 Maldives Asphalt Shingles Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Maldives Asphalt Shingles Market Revenues & Volume, By Laminates Asphalt Shingles, 2021-2031F |
6.1.3 Maldives Asphalt Shingles Market Revenues & Volume, By Three-tab Shingles, 2021-2031F |
6.1.4 Maldives Asphalt Shingles Market Revenues & Volume, By Strip, 2021-2031F |
6.1.5 Maldives Asphalt Shingles Market Revenues & Volume, By Luxury shingles, 2021-2031F |
6.2 Maldives Asphalt Shingles Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Maldives Asphalt Shingles Market Revenues & Volume, By Fiberglass, 2021-2031F |
6.2.3 Maldives Asphalt Shingles Market Revenues & Volume, By Organic, 2021-2031F |
6.3 Maldives Asphalt Shingles Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Maldives Asphalt Shingles Market Revenues & Volume, By Fiberglass, 2021-2031F |
6.3.3 Maldives Asphalt Shingles Market Revenues & Volume, By Organic, 2021-2031F |
7 Maldives Asphalt Shingles Market Import-Export Trade Statistics |
7.1 Maldives Asphalt Shingles Market Export to Major Countries |
7.2 Maldives Asphalt Shingles Market Imports from Major Countries |
8 Maldives Asphalt Shingles Market Key Performance Indicators |
9 Maldives Asphalt Shingles Market - Opportunity Assessment |
9.1 Maldives Asphalt Shingles Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Maldives Asphalt Shingles Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Maldives Asphalt Shingles Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Maldives Asphalt Shingles Market - Competitive Landscape |
10.1 Maldives Asphalt Shingles Market Revenue Share, By Companies, 2024 |
10.2 Maldives Asphalt Shingles Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |