| Product Code: ETC5386829 | 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 continues to be a key destination for ceramic statuette imports, with China, Indonesia, Thailand, Italy, and India leading the way in 2024. Despite a high Herfindahl-Hirschman Index (HHI) indicating market concentration, the industry experienced a negative compound annual growth rate (CAGR) of -1.47% from 2020 to 2024. The growth rate took a significant hit in 2024, declining by -39.75% compared to the previous year. This data suggests a challenging market environment for ceramic statuette importers in the Maldives, emphasizing the need for strategic planning and adaptation to market dynamics.

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 Ceramic Statuettes Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Ceramic Statuettes Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Ceramic Statuettes Market - Industry Life Cycle |
3.4 Maldives Ceramic Statuettes Market - Porter's Five Forces |
3.5 Maldives Ceramic Statuettes Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Maldives Ceramic Statuettes Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing tourism industry in the Maldives leading to increased demand for souvenirs and decorative items. |
4.2.2 Rising popularity of handmade and artisanal products among consumers. |
4.2.3 Increasing disposable income in the region driving spending on luxury items like ceramic statuettes. |
4.3 Market Restraints |
4.3.1 High competition from alternative souvenir options such as textiles, jewelry, and wood carvings. |
4.3.2 Dependency on imported raw materials affecting production costs and pricing. |
4.3.3 Limited market reach and distribution channels for Maldives ceramic statuettes. |
5 Maldives Ceramic Statuettes Market Trends |
6 Maldives Ceramic Statuettes Market Segmentations |
6.1 Maldives Ceramic Statuettes Market, By Distribution Channel |
6.1.1 Overview and Analysis |
6.1.2 Maldives Ceramic Statuettes Market Revenues & Volume, By Online, 2021-2031F |
6.1.3 Maldives Ceramic Statuettes Market Revenues & Volume, By Offline, 2021-2031F |
7 Maldives Ceramic Statuettes Market Import-Export Trade Statistics |
7.1 Maldives Ceramic Statuettes Market Export to Major Countries |
7.2 Maldives Ceramic Statuettes Market Imports from Major Countries |
8 Maldives Ceramic Statuettes Market Key Performance Indicators |
8.1 Number of tourists visiting the Maldives annually. |
8.2 Percentage of consumers preferring handmade artisanal products. |
8.3 Average spending on luxury items per household in the Maldives. |
9 Maldives Ceramic Statuettes Market - Opportunity Assessment |
9.1 Maldives Ceramic Statuettes Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Maldives Ceramic Statuettes Market - Competitive Landscape |
10.1 Maldives Ceramic Statuettes Market Revenue Share, By Companies, 2024 |
10.2 Maldives Ceramic Statuettes Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |