| Product Code: ETC5684597 | 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 continues to see a strong demand for broom imports, with major exporters such as China, Taiwan, Singapore, India, and the UAE dominating the market in 2024. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive Compound Annual Growth Rate (CAGR) of 22.67% from 2020 to 2024 reflects sustained growth. The significant growth rate of 61.9% from 2023 to 2024 highlights a surge in demand, suggesting a positive outlook for the broom import market in the Maldives.

The Broom market in Maldives is projected to grow at a exponential growth rate of 15.58% by 2027, within the Asia region led by China, along with other countries like India, Japan, Australia and South Korea, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

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 Broom Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Broom Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Broom Market - Industry Life Cycle |
3.4 Maldives Broom Market - Porter's Five Forces |
3.5 Maldives Broom Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Maldives Broom Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Maldives Broom Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about eco-friendly and sustainable products |
4.2.2 Growing demand for handmade and artisanal products |
4.2.3 Government initiatives promoting local craftsmanship and cottage industries |
4.3 Market Restraints |
4.3.1 Competition from imported synthetic brooms |
4.3.2 Fluctuating raw material prices |
4.3.3 Limited distribution channels in remote areas |
5 Maldives Broom Market Trends |
6 Maldives Broom Market Segmentations |
6.1 Maldives Broom Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Maldives Broom Market Revenues & Volume, By Angle Broom, 2021-2031F |
6.1.3 Maldives Broom Market Revenues & Volume, By Corn-fill Broom, 2021-2031F |
6.1.4 Maldives Broom Market Revenues & Volume, By Push Broom, 2021-2031F |
6.1.5 Maldives Broom Market Revenues & Volume, By Others, 2021-2031F |
6.2 Maldives Broom Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Maldives Broom Market Revenues & Volume, By Indoor Floor, 2021-2031F |
6.2.3 Maldives Broom Market Revenues & Volume, By Outdoor Ground, 2021-2031F |
6.2.4 Maldives Broom Market Revenues & Volume, By Table, 2021-2031F |
6.2.5 Maldives Broom Market Revenues & Volume, By Others, 2021-2031F |
7 Maldives Broom Market Import-Export Trade Statistics |
7.1 Maldives Broom Market Export to Major Countries |
7.2 Maldives Broom Market Imports from Major Countries |
8 Maldives Broom Market Key Performance Indicators |
8.1 Percentage of local materials used in broom production |
8.2 Number of eco-certifications obtained by broom manufacturers |
8.3 Average time taken to produce a handmade broom |
9 Maldives Broom Market - Opportunity Assessment |
9.1 Maldives Broom Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Maldives Broom Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Maldives Broom Market - Competitive Landscape |
10.1 Maldives Broom Market Revenue Share, By Companies, 2024 |
10.2 Maldives Broom Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |