| Product Code: ETC8146142 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Maldives saw a significant surge in the import of compostable biodegradable refuse bags in 2024, with top exporters being India, Sri Lanka, China, UAE, and UK. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive Compound Annual Growth Rate (CAGR) of 53.09% from 2020-2024 reflects strong demand. The remarkable growth rate of 122.67% from 2023-2024 suggests a rapidly expanding market for sustainable waste management solutions in the Maldives.

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 Compostable Biodegradable Refuse Bag Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Compostable Biodegradable Refuse Bag Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Compostable Biodegradable Refuse Bag Market - Industry Life Cycle |
3.4 Maldives Compostable Biodegradable Refuse Bag Market - Porter's Five Forces |
3.5 Maldives Compostable Biodegradable Refuse Bag Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
3.6 Maldives Compostable Biodegradable Refuse Bag Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Maldives Compostable Biodegradable Refuse Bag Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.8 Maldives Compostable Biodegradable Refuse Bag Market Revenues & Volume Share, By Thickness, 2021 & 2031F |
3.9 Maldives Compostable Biodegradable Refuse Bag Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 Maldives Compostable Biodegradable Refuse Bag Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Maldives Compostable Biodegradable Refuse Bag Market Trends |
6 Maldives Compostable Biodegradable Refuse Bag Market, By Types |
6.1 Maldives Compostable Biodegradable Refuse Bag Market, By Capacity |
6.1.1 Overview and Analysis |
6.1.2 Maldives Compostable Biodegradable Refuse Bag Market Revenues & Volume, By Capacity, 2021- 2031F |
6.1.3 Maldives Compostable Biodegradable Refuse Bag Market Revenues & Volume, By 7-20 Gallons, 2021- 2031F |
6.1.4 Maldives Compostable Biodegradable Refuse Bag Market Revenues & Volume, By 20-30 Gallons, 2021- 2031F |
6.1.5 Maldives Compostable Biodegradable Refuse Bag Market Revenues & Volume, By 30-40 Gallons, 2021- 2031F |
6.1.6 Maldives Compostable Biodegradable Refuse Bag Market Revenues & Volume, By 40-55 Gallons, 2021- 2031F |
6.1.7 Maldives Compostable Biodegradable Refuse Bag Market Revenues & Volume, By Above 55 Gallons, 2021- 2031F |
6.2 Maldives Compostable Biodegradable Refuse Bag Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Maldives Compostable Biodegradable Refuse Bag Market Revenues & Volume, By Biodegradable, 2021- 2031F |
6.2.3 Maldives Compostable Biodegradable Refuse Bag Market Revenues & Volume, By Compostable, 2021- 2031F |
6.3 Maldives Compostable Biodegradable Refuse Bag Market, By Material Type |
6.3.1 Overview and Analysis |
6.3.2 Maldives Compostable Biodegradable Refuse Bag Market Revenues & Volume, By Polylactic Acid (PLA), 2021- 2031F |
6.3.3 Maldives Compostable Biodegradable Refuse Bag Market Revenues & Volume, By Polyhydroxyalkanoate (PHA), 2021- 2031F |
6.3.4 Maldives Compostable Biodegradable Refuse Bag Market Revenues & Volume, By PBS, 2021- 2031F |
6.3.5 Maldives Compostable Biodegradable Refuse Bag Market Revenues & Volume, By PBAT, 2021- 2031F |
6.3.6 Maldives Compostable Biodegradable Refuse Bag Market Revenues & Volume, By Starch Blends, 2021- 2031F |
6.3.7 Maldives Compostable Biodegradable Refuse Bag Market Revenues & Volume, By Cellophane, 2021- 2031F |
6.4 Maldives Compostable Biodegradable Refuse Bag Market, By Thickness |
6.4.1 Overview and Analysis |
6.4.2 Maldives Compostable Biodegradable Refuse Bag Market Revenues & Volume, By 0-0.7 mil, 2021- 2031F |
6.4.3 Maldives Compostable Biodegradable Refuse Bag Market Revenues & Volume, By 7-0.9 mil, 2021- 2031F |
6.4.4 Maldives Compostable Biodegradable Refuse Bag Market Revenues & Volume, By 9-1.5 mil, 2021- 2031F |
6.4.5 Maldives Compostable Biodegradable Refuse Bag Market Revenues & Volume, By Above 1.5 mil, 2021- 2031F |
6.5 Maldives Compostable Biodegradable Refuse Bag Market, By End-Use |
6.5.1 Overview and Analysis |
6.5.2 Maldives Compostable Biodegradable Refuse Bag Market Revenues & Volume, By Retail and Consumer, 2021- 2031F |
6.5.3 Maldives Compostable Biodegradable Refuse Bag Market Revenues & Volume, By Industrial, 2021- 2031F |
6.5.4 Maldives Compostable Biodegradable Refuse Bag Market Revenues & Volume, By Institutional, 2021- 2031F |
7 Maldives Compostable Biodegradable Refuse Bag Market Import-Export Trade Statistics |
7.1 Maldives Compostable Biodegradable Refuse Bag Market Export to Major Countries |
7.2 Maldives Compostable Biodegradable Refuse Bag Market Imports from Major Countries |
8 Maldives Compostable Biodegradable Refuse Bag Market Key Performance Indicators |
9 Maldives Compostable Biodegradable Refuse Bag Market - Opportunity Assessment |
9.1 Maldives Compostable Biodegradable Refuse Bag Market Opportunity Assessment, By Capacity, 2021 & 2031F |
9.2 Maldives Compostable Biodegradable Refuse Bag Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.3 Maldives Compostable Biodegradable Refuse Bag Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.4 Maldives Compostable Biodegradable Refuse Bag Market Opportunity Assessment, By Thickness, 2021 & 2031F |
9.5 Maldives Compostable Biodegradable Refuse Bag Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 Maldives Compostable Biodegradable Refuse Bag Market - Competitive Landscape |
10.1 Maldives Compostable Biodegradable Refuse Bag Market Revenue Share, By Companies, 2024 |
10.2 Maldives Compostable Biodegradable Refuse Bag 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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