| Product Code: ETC11481214 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The Maldives has seen a significant increase in candle making kit imports in 2024, with top exporters being China, Sri Lanka, Thailand, Metropolitan France, and the UAE. The market concentration, as measured by the HHI, has transitioned from low to moderate in 2024, indicating a more competitive landscape. Despite a slight decrease in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period 2020-2024 stands impressively high at 26.72%. This data suggests a thriving market for candle making kits in the Maldives with diverse sourcing options for consumers.

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 Candle Making Kit Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Candle Making Kit Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Candle Making Kit Market - Industry Life Cycle |
3.4 Maldives Candle Making Kit Market - Porter's Five Forces |
3.5 Maldives Candle Making Kit Market Revenues & Volume Share, By Kit Type, 2021 & 2031F |
3.6 Maldives Candle Making Kit Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Maldives Candle Making Kit Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Maldives Candle Making Kit Market Revenues & Volume Share, By Components, 2021 & 2031F |
4 Maldives Candle Making Kit Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Maldives Candle Making Kit Market Trends |
6 Maldives Candle Making Kit Market, By Types |
6.1 Maldives Candle Making Kit Market, By Kit Type |
6.1.1 Overview and Analysis |
6.1.2 Maldives Candle Making Kit Market Revenues & Volume, By Kit Type, 2021 - 2031F |
6.1.3 Maldives Candle Making Kit Market Revenues & Volume, By Beginner Kits, 2021 - 2031F |
6.1.4 Maldives Candle Making Kit Market Revenues & Volume, By Advanced Kits, 2021 - 2031F |
6.2 Maldives Candle Making Kit Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Maldives Candle Making Kit Market Revenues & Volume, By Hobby Craft, 2021 - 2031F |
6.2.3 Maldives Candle Making Kit Market Revenues & Volume, By Professional Use, 2021 - 2031F |
6.3 Maldives Candle Making Kit Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Maldives Candle Making Kit Market Revenues & Volume, By Individuals, 2021 - 2031F |
6.3.3 Maldives Candle Making Kit Market Revenues & Volume, By Candle Makers, 2021 - 2031F |
6.4 Maldives Candle Making Kit Market, By Components |
6.4.1 Overview and Analysis |
6.4.2 Maldives Candle Making Kit Market Revenues & Volume, By Wax, Wicks, Dyes, 2021 - 2031F |
6.4.3 Maldives Candle Making Kit Market Revenues & Volume, By Fragrances, Tools, 2021 - 2031F |
7 Maldives Candle Making Kit Market Import-Export Trade Statistics |
7.1 Maldives Candle Making Kit Market Export to Major Countries |
7.2 Maldives Candle Making Kit Market Imports from Major Countries |
8 Maldives Candle Making Kit Market Key Performance Indicators |
9 Maldives Candle Making Kit Market - Opportunity Assessment |
9.1 Maldives Candle Making Kit Market Opportunity Assessment, By Kit Type, 2021 & 2031F |
9.2 Maldives Candle Making Kit Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Maldives Candle Making Kit Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Maldives Candle Making Kit Market Opportunity Assessment, By Components, 2021 & 2031F |
10 Maldives Candle Making Kit Market - Competitive Landscape |
10.1 Maldives Candle Making Kit Market Revenue Share, By Companies, 2024 |
10.2 Maldives Candle Making Kit 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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