| Product Code: ETC8146424 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Maldives continues to exhibit a strong demand for contract furniture and furnishings, with key import sources being China, Thailand, Malaysia, India, and Sri Lanka. The market concentration has notably increased from moderate to high in 2024, indicating a more competitive landscape. The impressive compound annual growth rate (CAGR) of 18.96% from 2020 to 2024 reflects the robust expansion of the sector. Although the growth rate slightly slowed in 2024 to 1.19%, the market remains dynamic and attractive for furniture importers looking to capitalize on opportunities 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 Contract Furniture and Furnishing Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Contract Furniture and Furnishing Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Contract Furniture and Furnishing Market - Industry Life Cycle |
3.4 Maldives Contract Furniture and Furnishing Market - Porter's Five Forces |
3.5 Maldives Contract Furniture and Furnishing Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Maldives Contract Furniture and Furnishing Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.7 Maldives Contract Furniture and Furnishing Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Maldives Contract Furniture and Furnishing Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the tourism industry in Maldives leading to increased demand for contract furniture and furnishings. |
4.2.2 Rise in construction activities, including hotels, resorts, and commercial spaces, driving the need for furniture. |
4.2.3 Increasing focus on interior design and aesthetics in commercial spaces, boosting the demand for specialized contract furniture and furnishing solutions. |
4.3 Market Restraints |
4.3.1 High import duties and taxes on furniture and furnishing items impacting affordability and market competitiveness. |
4.3.2 Limited availability of skilled labor and specialized craftsmen for custom contract furniture production. |
5 Maldives Contract Furniture and Furnishing Market Trends |
6 Maldives Contract Furniture and Furnishing Market, By Types |
6.1 Maldives Contract Furniture and Furnishing Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Maldives Contract Furniture and Furnishing Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Maldives Contract Furniture and Furnishing Market Revenues & Volume, By Desks and Tables, 2021- 2031F |
6.1.4 Maldives Contract Furniture and Furnishing Market Revenues & Volume, By Chairs and Stools, 2021- 2031F |
6.1.5 Maldives Contract Furniture and Furnishing Market Revenues & Volume, By Storage Cabinets, 2021- 2031F |
6.1.6 Maldives Contract Furniture and Furnishing Market Revenues & Volume, By Sofas, 2021- 2031F |
6.1.7 Maldives Contract Furniture and Furnishing Market Revenues & Volume, By Cafeteria Tables and Chairs, 2021- 2031F |
6.1.8 Maldives Contract Furniture and Furnishing Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Maldives Contract Furniture and Furnishing Market, By End User |
6.2.1 Overview and Analysis |
6.2.2 Maldives Contract Furniture and Furnishing Market Revenues & Volume, By Corporate Offices, 2021- 2031F |
6.2.3 Maldives Contract Furniture and Furnishing Market Revenues & Volume, By Hospitals, 2021- 2031F |
6.2.4 Maldives Contract Furniture and Furnishing Market Revenues & Volume, By Hospitality and Food Services, 2021- 2031F |
6.2.5 Maldives Contract Furniture and Furnishing Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Maldives Contract Furniture and Furnishing Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Maldives Contract Furniture and Furnishing Market Revenues & Volume, By Offline, 2021- 2031F |
6.3.3 Maldives Contract Furniture and Furnishing Market Revenues & Volume, By Online, 2021- 2031F |
7 Maldives Contract Furniture and Furnishing Market Import-Export Trade Statistics |
7.1 Maldives Contract Furniture and Furnishing Market Export to Major Countries |
7.2 Maldives Contract Furniture and Furnishing Market Imports from Major Countries |
8 Maldives Contract Furniture and Furnishing Market Key Performance Indicators |
8.1 Average project size in the contract furniture and furnishing market. |
8.2 Number of new hotel and resort construction projects in Maldives. |
8.3 Percentage of repeat business from existing clients in the contract furniture market. |
8.4 Average lead time for completing contract furniture projects. |
8.5 Percentage of projects incorporating sustainable and eco-friendly materials. |
9 Maldives Contract Furniture and Furnishing Market - Opportunity Assessment |
9.1 Maldives Contract Furniture and Furnishing Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Maldives Contract Furniture and Furnishing Market Opportunity Assessment, By End User, 2021 & 2031F |
9.3 Maldives Contract Furniture and Furnishing Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Maldives Contract Furniture and Furnishing Market - Competitive Landscape |
10.1 Maldives Contract Furniture and Furnishing Market Revenue Share, By Companies, 2024 |
10.2 Maldives Contract Furniture and Furnishing Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |