| Product Code: ETC5253297 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Maldives continues to see a significant influx of caps & closures imports in 2024, with top countries like India, UAE, Turkey, China, and Singapore leading the way. The market remains highly concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 stands at a steady 4.66%, with an impressive growth rate of 31.54% in 2024 alone. This data suggests a thriving market for caps & closures in Maldives, with strong contributions from key exporting nations.

In the Asia region, the Caps & Closures market in Maldives is projected to expand at a growing growth rate of 9.68% 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 Caps & Closures Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Caps & Closures Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Caps & Closures Market - Industry Life Cycle |
3.4 Maldives Caps & Closures Market - Porter's Five Forces |
3.5 Maldives Caps & Closures Market Revenues & Volume Share, By Raw Material, 2021 & 2031F |
3.6 Maldives Caps & Closures Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Maldives Caps & Closures Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 Maldives Caps & Closures Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the packaging industry in the Maldives |
4.2.2 Increasing demand for convenience packaging solutions |
4.2.3 Stringent regulations promoting the use of sustainable and recyclable caps and closures |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Limited manufacturing capabilities within the Maldives leading to dependency on imports |
5 Maldives Caps & Closures Market Trends |
6 Maldives Caps & Closures Market Segmentations |
6.1 Maldives Caps & Closures Market, By Raw Material |
6.1.1 Overview and Analysis |
6.1.2 Maldives Caps & Closures Market Revenues & Volume, By Plastic, 2021-2031F |
6.1.3 Maldives Caps & Closures Market Revenues & Volume, By Metals, 2021-2031F |
6.1.4 Maldives Caps & Closures Market Revenues & Volume, By Others, 2021-2031F |
6.2 Maldives Caps & Closures Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Maldives Caps & Closures Market Revenues & Volume, By Plastics Caps & Closures, 2021-2031F |
6.2.3 Maldives Caps & Closures Market Revenues & Volume, By Metal Caps & Closures , 2021-2031F |
6.2.4 Maldives Caps & Closures Market Revenues & Volume, By Other Caps & Closures, 2021-2031F |
6.3 Maldives Caps & Closures Market, By End-Use |
6.3.1 Overview and Analysis |
6.3.2 Maldives Caps & Closures Market Revenues & Volume, By Food, 2021-2031F |
6.3.3 Maldives Caps & Closures Market Revenues & Volume, By Beverage, 2021-2031F |
6.3.4 Maldives Caps & Closures Market Revenues & Volume, By Healthcare, 2021-2031F |
6.3.5 Maldives Caps & Closures Market Revenues & Volume, By Cosmetics & toiletries, 2021-2031F |
6.3.6 Maldives Caps & Closures Market Revenues & Volume, By Others, 2021-2031F |
7 Maldives Caps & Closures Market Import-Export Trade Statistics |
7.1 Maldives Caps & Closures Market Export to Major Countries |
7.2 Maldives Caps & Closures Market Imports from Major Countries |
8 Maldives Caps & Closures Market Key Performance Indicators |
8.1 Percentage of caps and closures made from sustainable materials |
8.2 Number of new product innovations and introductions in the market |
8.3 Rate of adoption of advanced packaging technologies in the Maldives |
9 Maldives Caps & Closures Market - Opportunity Assessment |
9.1 Maldives Caps & Closures Market Opportunity Assessment, By Raw Material, 2021 & 2031F |
9.2 Maldives Caps & Closures Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Maldives Caps & Closures Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 Maldives Caps & Closures Market - Competitive Landscape |
10.1 Maldives Caps & Closures Market Revenue Share, By Companies, 2024 |
10.2 Maldives Caps & Closures 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