| Product Code: ETC11481406 | 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 |
Maldives` candle import shipments in 2024 saw a shift in concentration levels from low to moderate, reflecting increasing competition among top exporting countries. China, Sri Lanka, Thailand, Metropolitan France, and the UAE emerged as key suppliers. Despite a notable CAGR of 26.72% from 2020-24, the growth rate dipped by -18.14% in 2024. This fluctuation suggests a dynamic market environment, necessitating strategic adjustments for stakeholders to capitalize on emerging opportunities and navigate challenges in the Maldives candle import market.

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 Candles Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Candles Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Candles Market - Industry Life Cycle |
3.4 Maldives Candles Market - Porter's Five Forces |
3.5 Maldives Candles Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Maldives Candles Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Maldives Candles Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.8 Maldives Candles Market Revenues & Volume Share, By Scent Type, 2021 & 2031F |
4 Maldives Candles Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Maldives Candles Market Trends |
6 Maldives Candles Market, By Types |
6.1 Maldives Candles Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Maldives Candles Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Maldives Candles Market Revenues & Volume, By Scented Candles, 2021 - 2031F |
6.1.4 Maldives Candles Market Revenues & Volume, By Unscented Candles, 2021 - 2031F |
6.2 Maldives Candles Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Maldives Candles Market Revenues & Volume, By Aromatherapy, 2021 - 2031F |
6.2.3 Maldives Candles Market Revenues & Volume, By Lighting, 2021 - 2031F |
6.3 Maldives Candles Market, By Material |
6.3.1 Overview and Analysis |
6.3.2 Maldives Candles Market Revenues & Volume, By Paraffin Wax, 2021 - 2031F |
6.3.3 Maldives Candles Market Revenues & Volume, By Soy Wax, 2021 - 2031F |
6.4 Maldives Candles Market, By Scent Type |
6.4.1 Overview and Analysis |
6.4.2 Maldives Candles Market Revenues & Volume, By Lavender, Rose, 2021 - 2031F |
6.4.3 Maldives Candles Market Revenues & Volume, By Unscented, 2021 - 2031F |
7 Maldives Candles Market Import-Export Trade Statistics |
7.1 Maldives Candles Market Export to Major Countries |
7.2 Maldives Candles Market Imports from Major Countries |
8 Maldives Candles Market Key Performance Indicators |
9 Maldives Candles Market - Opportunity Assessment |
9.1 Maldives Candles Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Maldives Candles Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Maldives Candles Market Opportunity Assessment, By Material, 2021 & 2031F |
9.4 Maldives Candles Market Opportunity Assessment, By Scent Type, 2021 & 2031F |
10 Maldives Candles Market - Competitive Landscape |
10.1 Maldives Candles Market Revenue Share, By Companies, 2024 |
10.2 Maldives Candles 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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