| Product Code: ETC5378317 | 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 |
Maldives saw a significant rise in candy import shipments in 2024, with top exporters being Turkey, UAE, Malaysia, India, and Indonesia. The market remained moderately concentrated, indicating a healthy level of competition. The impressive compound annual growth rate (CAGR) of 31.33% from 2020 to 2024 highlights the growing demand for candies in Maldives. Additionally, the growth rate of 4.9% from 2023 to 2024 suggests a sustained momentum in the market. Overall, the outlook for candy imports in Maldives appears promising, with diverse sources contributing to the market`s growth.

In the Asia region, the Candy market in Maldives is projected to expand at a high growth rate of 13.38% by 2027. The largest economy is China, followed by India, Japan, Australia and South Korea.

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 Candy Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Candy Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Candy Market - Industry Life Cycle |
3.4 Maldives Candy Market - Porter's Five Forces |
3.5 Maldives Candy Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Maldives Candy Market Revenues & Volume Share, By Distribution, 2021 & 2031F |
4 Maldives Candy Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing tourism industry in the Maldives leading to increased demand for local products like Maldivian candies |
4.2.2 Rising disposable income of the Maldivian population, allowing for higher spending on confectionery products |
4.2.3 Increasing popularity of unique and traditional Maldivian candy flavors among both locals and tourists |
4.3 Market Restraints |
4.3.1 High import costs of raw materials for candy production due to the geographical location of the Maldives |
4.3.2 Limited shelf life of some Maldivian candies, leading to challenges in distribution and export |
5 Maldives Candy Market Trends |
6 Maldives Candy Market Segmentations |
6.1 Maldives Candy Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Maldives Candy Market Revenues & Volume, By Chocolate Candy, 2021-2031F |
6.1.3 Maldives Candy Market Revenues & Volume, By Non-Chocolate Candy, 2021-2031F |
6.2 Maldives Candy Market, By Distribution |
6.2.1 Overview and Analysis |
6.2.2 Maldives Candy Market Revenues & Volume, By Supermarkets and Hypermarkets, 2021-2031F |
6.2.3 Maldives Candy Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.2.4 Maldives Candy Market Revenues & Volume, By Specialist Retailers, 2021-2031F |
6.2.5 Maldives Candy Market Revenues & Volume, By Online Retail, 2021-2031F |
6.2.6 Maldives Candy Market Revenues & Volume, By Others, 2021-2031F |
7 Maldives Candy Market Import-Export Trade Statistics |
7.1 Maldives Candy Market Export to Major Countries |
7.2 Maldives Candy Market Imports from Major Countries |
8 Maldives Candy Market Key Performance Indicators |
8.1 Number of tourists visiting the Maldives and their interest in purchasing local candies |
8.2 Percentage of household income spent on confectionery products in the Maldives |
8.3 Rate of adoption of online platforms for purchasing Maldivian candies |
9 Maldives Candy Market - Opportunity Assessment |
9.1 Maldives Candy Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Maldives Candy Market Opportunity Assessment, By Distribution, 2021 & 2031F |
10 Maldives Candy Market - Competitive Landscape |
10.1 Maldives Candy Market Revenue Share, By Companies, 2024 |
10.2 Maldives Candy 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.
To discover high-growth global markets and optimize your business strategy:
Click Here