| Product Code: ETC5747240 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
The Maldives experienced a significant surge in expanded polystyrene (EPS) import shipments in 2024, with top exporting countries including China, Sri Lanka, Turkey, Malaysia, and India. Despite the high concentration of Herfindahl-Hirschman Index (HHI) in 2024, indicating dominance by a few key suppliers, the compound annual growth rate (CAGR) from 2020 to 2024 remained steady at 1.14%. Notably, the growth rate from 2023 to 2024 spiked to an impressive 48.92%, showcasing a rapidly expanding market for EPS imports 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 Polystyrene (EPS) Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Expanded Polystyrene (EPS) Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Expanded Polystyrene (EPS) Market - Industry Life Cycle |
3.4 Maldives Expanded Polystyrene (EPS) Market - Porter's Five Forces |
3.5 Maldives Expanded Polystyrene (EPS) Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Maldives Expanded Polystyrene (EPS) Market Revenues & Volume Share, By Market Product Type, 2021 & 2031F |
3.7 Maldives Expanded Polystyrene (EPS) Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 Maldives Expanded Polystyrene (EPS) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing construction industry in the Maldives, leading to increased demand for expanded polystyrene (EPS) for insulation and packaging purposes. |
4.2.2 Rising awareness about the benefits of EPS, such as its lightweight nature, thermal insulation properties, and recyclability. |
4.2.3 Expansion of the tourism sector in the Maldives, driving the need for EPS for packaging and product protection in the hospitality industry. |
4.3 Market Restraints |
4.3.1 Environmental concerns related to EPS waste management and recycling, leading to potential regulatory challenges. |
4.3.2 Fluctuating raw material prices impacting the production cost of EPS in the Maldives. |
5 Maldives Expanded Polystyrene (EPS) Market Trends |
6 Maldives Expanded Polystyrene (EPS) Market Segmentations |
6.1 Maldives Expanded Polystyrene (EPS) Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Maldives Expanded Polystyrene (EPS) Market Revenues & Volume, By EPS, 2021-2031F |
6.2 Maldives Expanded Polystyrene (EPS) Market, By Market Product Type |
6.2.1 Overview and Analysis |
6.2.2 Maldives Expanded Polystyrene (EPS) Market Revenues & Volume, By White, 2021-2031F |
6.2.3 Maldives Expanded Polystyrene (EPS) Market Revenues & Volume, By Grey, 2021-2031F |
6.2.4 Maldives Expanded Polystyrene (EPS) Market Revenues & Volume, By Black, 2021-2031F |
6.3 Maldives Expanded Polystyrene (EPS) Market, By End Use Industry |
6.3.1 Overview and Analysis |
6.3.2 Maldives Expanded Polystyrene (EPS) Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.3.3 Maldives Expanded Polystyrene (EPS) Market Revenues & Volume, By Packaging, 2021-2031F |
6.3.4 Maldives Expanded Polystyrene (EPS) Market Revenues & Volume, By Others, 2021-2031F |
7 Maldives Expanded Polystyrene (EPS) Market Import-Export Trade Statistics |
7.1 Maldives Expanded Polystyrene (EPS) Market Export to Major Countries |
7.2 Maldives Expanded Polystyrene (EPS) Market Imports from Major Countries |
8 Maldives Expanded Polystyrene (EPS) Market Key Performance Indicators |
8.1 Recycling rate of EPS materials in the Maldives. |
8.2 Adoption rate of EPS in new construction projects in the Maldives. |
8.3 Number of partnerships or collaborations between EPS manufacturers and local businesses for sustainable EPS usage. |
9 Maldives Expanded Polystyrene (EPS) Market - Opportunity Assessment |
9.1 Maldives Expanded Polystyrene (EPS) Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Maldives Expanded Polystyrene (EPS) Market Opportunity Assessment, By Market Product Type, 2021 & 2031F |
9.3 Maldives Expanded Polystyrene (EPS) Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
10 Maldives Expanded Polystyrene (EPS) Market - Competitive Landscape |
10.1 Maldives Expanded Polystyrene (EPS) Market Revenue Share, By Companies, 2024 |
10.2 Maldives Expanded Polystyrene (EPS) Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |