| Product Code: ETC12132286 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The Maldives saw a significant increase in the concentration of expanded polypropylene import shipments in 2024, with top exporting countries including China, India, Hong Kong, Czechia, and Vietnam. The High Herfindahl-Hirschman Index (HHI) in 2023 escalated to very high concentration in 2024, indicating a more consolidated market. Despite a negative Compound Annual Growth Rate (CAGR) of -5.23% from 2020 to 2024, the growth rate from 2023 to 2024 experienced a steeper decline at -16.34%. This suggests a challenging market environment with declining import volumes for expanded polypropylene 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 Expanded Polypropylene Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Expanded Polypropylene Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Expanded Polypropylene Market - Industry Life Cycle |
3.4 Maldives Expanded Polypropylene Market - Porter's Five Forces |
3.5 Maldives Expanded Polypropylene Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Maldives Expanded Polypropylene Market Revenues & Volume Share, By Foam Type, 2021 & 2031F |
3.7 Maldives Expanded Polypropylene Market Revenues & Volume Share, By Density, 2021 & 2031F |
3.8 Maldives Expanded Polypropylene Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Maldives Expanded Polypropylene Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and durable packaging solutions in various industries |
4.2.2 Growing construction activities in the Maldives leading to higher demand for expanded polypropylene in insulation and building materials |
4.2.3 Rising focus on sustainable and recyclable materials driving the adoption of expanded polypropylene products |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting production costs |
4.3.2 Limited awareness and understanding of the benefits of expanded polypropylene compared to traditional materials in the market |
5 Maldives Expanded Polypropylene Market Trends |
6 Maldives Expanded Polypropylene Market, By Types |
6.1 Maldives Expanded Polypropylene Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Maldives Expanded Polypropylene Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Maldives Expanded Polypropylene Market Revenues & Volume, By Expanded Polypropylene Foam, 2021 - 2031F |
6.1.4 Maldives Expanded Polypropylene Market Revenues & Volume, By Expanded Polypropylene Resin, 2021 - 2031F |
6.1.5 Maldives Expanded Polypropylene Market Revenues & Volume, By Expanded Polypropylene Sheets, 2021 - 2031F |
6.1.6 Maldives Expanded Polypropylene Market Revenues & Volume, By Expanded Polypropylene Rolls, 2021 - 2031F |
6.2 Maldives Expanded Polypropylene Market, By Foam Type |
6.2.1 Overview and Analysis |
6.2.2 Maldives Expanded Polypropylene Market Revenues & Volume, By Low Density EPP Foam, 2021 - 2031F |
6.2.3 Maldives Expanded Polypropylene Market Revenues & Volume, By Beads and Granules, 2021 - 2031F |
6.2.4 Maldives Expanded Polypropylene Market Revenues & Volume, By Rigid Foam Sheets, 2021 - 2031F |
6.2.5 Maldives Expanded Polypropylene Market Revenues & Volume, By Flexible Foam Rolls, 2021 - 2031F |
6.3 Maldives Expanded Polypropylene Market, By Density |
6.3.1 Overview and Analysis |
6.3.2 Maldives Expanded Polypropylene Market Revenues & Volume, By 25“40 kg/m , 2021 - 2031F |
6.3.3 Maldives Expanded Polypropylene Market Revenues & Volume, By 20“45 kg/m , 2021 - 2031F |
6.3.4 Maldives Expanded Polypropylene Market Revenues & Volume, By 30“60 kg/m , 2021 - 2031F |
6.3.5 Maldives Expanded Polypropylene Market Revenues & Volume, By 20“50 kg/m , 2021 - 2031F |
6.4 Maldives Expanded Polypropylene Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Maldives Expanded Polypropylene Market Revenues & Volume, By Packaging Applications, 2021 - 2031F |
6.4.3 Maldives Expanded Polypropylene Market Revenues & Volume, By Automotive Parts, 2021 - 2031F |
6.4.4 Maldives Expanded Polypropylene Market Revenues & Volume, By Construction Insulation, 2021 - 2031F |
6.4.5 Maldives Expanded Polypropylene Market Revenues & Volume, By Cushioning and Protective Materials, 2021 - 2031F |
7 Maldives Expanded Polypropylene Market Import-Export Trade Statistics |
7.1 Maldives Expanded Polypropylene Market Export to Major Countries |
7.2 Maldives Expanded Polypropylene Market Imports from Major Countries |
8 Maldives Expanded Polypropylene Market Key Performance Indicators |
8.1 Environmental impact metrics such as carbon footprint reduction achieved through the use of expanded polypropylene |
8.2 Percentage increase in the adoption of expanded polypropylene in key industries year-over-year |
8.3 Rate of innovation and introduction of new applications for expanded polypropylene in the Maldives market |
9 Maldives Expanded Polypropylene Market - Opportunity Assessment |
9.1 Maldives Expanded Polypropylene Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Maldives Expanded Polypropylene Market Opportunity Assessment, By Foam Type, 2021 & 2031F |
9.3 Maldives Expanded Polypropylene Market Opportunity Assessment, By Density, 2021 & 2031F |
9.4 Maldives Expanded Polypropylene Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Maldives Expanded Polypropylene Market - Competitive Landscape |
10.1 Maldives Expanded Polypropylene Market Revenue Share, By Companies, 2024 |
10.2 Maldives Expanded Polypropylene 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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