| Product Code: ETC8148591 | 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 |
Maldives` import of expandable polystyrene (EPS) in 2024 continued to be dominated by top exporting countries such as China, Sri Lanka, Turkey, Malaysia, and India. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The compound annual growth rate (CAGR) from 2020 to 2024 was modest at 1.14%, but the impressive growth rate of 48.92% from 2023 to 2024 suggests a significant uptick in demand for EPS in the Maldives. This data points to a dynamic market for EPS imports in the Maldives, with potential opportunities for further growth and market expansion.

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 Expandable Polystyrene EPS Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Expandable Polystyrene EPS Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Expandable Polystyrene EPS Market - Industry Life Cycle |
3.4 Maldives Expandable Polystyrene EPS Market - Porter's Five Forces |
3.5 Maldives Expandable Polystyrene EPS Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Maldives Expandable Polystyrene EPS Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Maldives Expandable Polystyrene EPS Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for sustainable packaging solutions |
4.2.2 Increasing construction activities in the Maldives |
4.2.3 Rise in the food and beverage industry in the region |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Environmental concerns related to polystyrene usage |
4.3.3 Competition from alternative packaging materials |
5 Maldives Expandable Polystyrene EPS Market Trends |
6 Maldives Expandable Polystyrene EPS Market, By Types |
6.1 Maldives Expandable Polystyrene EPS Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Maldives Expandable Polystyrene EPS Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Maldives Expandable Polystyrene EPS Market Revenues & Volume, By White, 2021- 2031F |
6.1.4 Maldives Expandable Polystyrene EPS Market Revenues & Volume, By Grey, 2021- 2031F |
6.1.5 Maldives Expandable Polystyrene EPS Market Revenues & Volume, By Silver, 2021- 2031F |
6.2 Maldives Expandable Polystyrene EPS Market, By End User |
6.2.1 Overview and Analysis |
6.2.2 Maldives Expandable Polystyrene EPS Market Revenues & Volume, By Building and Construction, 2021- 2031F |
6.2.3 Maldives Expandable Polystyrene EPS Market Revenues & Volume, By Packaging, 2021- 2031F |
6.2.4 Maldives Expandable Polystyrene EPS Market Revenues & Volume, By Other End Users, 2021- 2031F |
7 Maldives Expandable Polystyrene EPS Market Import-Export Trade Statistics |
7.1 Maldives Expandable Polystyrene EPS Market Export to Major Countries |
7.2 Maldives Expandable Polystyrene EPS Market Imports from Major Countries |
8 Maldives Expandable Polystyrene EPS Market Key Performance Indicators |
8.1 Recycling rate of expandable polystyrene (EPS) in the Maldives |
8.2 Adoption rate of EPS in new construction projects |
8.3 Consumer awareness and perception of EPS as a sustainable packaging material |
8.4 Innovations and advancements in EPS technology in the Maldives |
9 Maldives Expandable Polystyrene EPS Market - Opportunity Assessment |
9.1 Maldives Expandable Polystyrene EPS Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Maldives Expandable Polystyrene EPS Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Maldives Expandable Polystyrene EPS Market - Competitive Landscape |
10.1 Maldives Expandable Polystyrene EPS Market Revenue Share, By Companies, 2024 |
10.2 Maldives Expandable Polystyrene EPS 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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