| Product Code: ETC4905236 | 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 surge in carpet import shipments, with top exporting countries being Nepal, Turkey, India, China, and Poland in 2024. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The impressive compound annual growth rate (CAGR) of 51.42% from 2020 to 2024 underscores the increasing demand for carpets in Maldives. Furthermore, the growth rate of 30.47% from 2023 to 2024 indicates a sustained momentum in the market. This data suggests a thriving carpet import industry in Maldives with strong potential for further expansion.

The Carpet market in Maldives is projected to grow at a exponential growth rate of 15.61% 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 Carpet Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Carpet Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Carpet Market - Industry Life Cycle |
3.4 Maldives Carpet Market - Porter's Five Forces |
3.5 Maldives Carpet Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Maldives Carpet Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.7 Maldives Carpet Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Maldives Carpet Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Maldives Carpet Market Trends |
6 Maldives Carpet Market Segmentations |
6.1 Maldives Carpet Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Maldives Carpet Market Revenues & Volume, By Woven, 2021-2031F |
6.1.3 Maldives Carpet Market Revenues & Volume, By Knotted, 2021-2031F |
6.1.4 Maldives Carpet Market Revenues & Volume, By Needle Felt, 2021-2031F |
6.1.5 Maldives Carpet Market Revenues & Volume, By Tufted, 2021-2031F |
6.2 Maldives Carpet Market, By Material Type |
6.2.1 Overview and Analysis |
6.2.2 Maldives Carpet Market Revenues & Volume, By Nylon, 2021-2031F |
6.2.3 Maldives Carpet Market Revenues & Volume, By Polypropylene, 2021-2031F |
6.2.4 Maldives Carpet Market Revenues & Volume, By Polyester, 2021-2031F |
6.2.5 Maldives Carpet Market Revenues & Volume, By Acrylic, 2021-2031F |
6.2.6 Maldives Carpet Market Revenues & Volume, By Wools & Its Blends, 2021-2031F |
6.3 Maldives Carpet Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Maldives Carpet Market Revenues & Volume, By Infrastructure, 2021-2031F |
6.3.3 Maldives Carpet Market Revenues & Volume, By Residential, 2021-2031F |
6.3.4 Maldives Carpet Market Revenues & Volume, By Commercial, 2021-2031F |
6.3.5 Maldives Carpet Market Revenues & Volume, By Industrial, 2021-2031F |
6.3.6 Maldives Carpet Market Revenues & Volume, By Transportation, 2021-2031F |
6.3.7 Maldives Carpet Market Revenues & Volume, By Sports & Leisure , 2021-2031F |
7 Maldives Carpet Market Import-Export Trade Statistics |
7.1 Maldives Carpet Market Export to Major Countries |
7.2 Maldives Carpet Market Imports from Major Countries |
8 Maldives Carpet Market Key Performance Indicators |
9 Maldives Carpet Market - Opportunity Assessment |
9.1 Maldives Carpet Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Maldives Carpet Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.3 Maldives Carpet Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Maldives Carpet Market - Competitive Landscape |
10.1 Maldives Carpet Market Revenue Share, By Companies, 2024 |
10.2 Maldives Carpet 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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