| Product Code: ETC12132670 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
Maldives continued to heavily rely on imports of expanded polystyrene in 2024, with top suppliers being China, Sri Lanka, Turkey, Malaysia, and India. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite a modest compound annual growth rate (CAGR) of 1.14% from 2020 to 2024, the impressive growth rate of 48.92% from 2023 to 2024 suggests a potential surge in demand for expanded polystyrene in the Maldives market. This trend highlights the importance of monitoring market dynamics and supplier relationships in this sector.

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 Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Expanded Polystyrene Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Expanded Polystyrene Market - Industry Life Cycle |
3.4 Maldives Expanded Polystyrene Market - Porter's Five Forces |
3.5 Maldives Expanded Polystyrene Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Maldives Expanded Polystyrene Market Revenues & Volume Share, By Foam Type, 2021 & 2031F |
3.7 Maldives Expanded Polystyrene Market Revenues & Volume Share, By Density, 2021 & 2031F |
3.8 Maldives Expanded Polystyrene Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Maldives Expanded Polystyrene Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Maldives Expanded Polystyrene Market Trends |
6 Maldives Expanded Polystyrene Market, By Types |
6.1 Maldives Expanded Polystyrene Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Maldives Expanded Polystyrene Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Maldives Expanded Polystyrene Market Revenues & Volume, By Expanded EPS Beads, 2021 - 2031F |
6.1.4 Maldives Expanded Polystyrene Market Revenues & Volume, By Expanded EPS Sheets, 2021 - 2031F |
6.1.5 Maldives Expanded Polystyrene Market Revenues & Volume, By Expanded EPS Blocks, 2021 - 2031F |
6.1.6 Maldives Expanded Polystyrene Market Revenues & Volume, By EPS Molding Products, 2021 - 2031F |
6.2 Maldives Expanded Polystyrene Market, By Foam Type |
6.2.1 Overview and Analysis |
6.2.2 Maldives Expanded Polystyrene Market Revenues & Volume, By Small Beads, 2021 - 2031F |
6.2.3 Maldives Expanded Polystyrene Market Revenues & Volume, By Rigid Foam Sheets, 2021 - 2031F |
6.2.4 Maldives Expanded Polystyrene Market Revenues & Volume, By Large Foam Blocks, 2021 - 2031F |
6.2.5 Maldives Expanded Polystyrene Market Revenues & Volume, By Custom Molds, 2021 - 2031F |
6.3 Maldives Expanded Polystyrene Market, By Density |
6.3.1 Overview and Analysis |
6.3.2 Maldives Expanded Polystyrene Market Revenues & Volume, By 10“40 kg/m , 2021 - 2031F |
6.3.3 Maldives Expanded Polystyrene Market Revenues & Volume, By 30“60 kg/m , 2021 - 2031F |
6.3.4 Maldives Expanded Polystyrene Market Revenues & Volume, By 40“80 kg/m , 2021 - 2031F |
6.3.5 Maldives Expanded Polystyrene Market Revenues & Volume, By 50“70 kg/m , 2021 - 2031F |
6.4 Maldives Expanded Polystyrene Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Maldives Expanded Polystyrene Market Revenues & Volume, By Packaging Industry, 2021 - 2031F |
6.4.3 Maldives Expanded Polystyrene Market Revenues & Volume, By Construction Industry, 2021 - 2031F |
6.4.4 Maldives Expanded Polystyrene Market Revenues & Volume, By Automotive Industry, 2021 - 2031F |
6.4.5 Maldives Expanded Polystyrene Market Revenues & Volume, By Industrial Packaging, 2021 - 2031F |
7 Maldives Expanded Polystyrene Market Import-Export Trade Statistics |
7.1 Maldives Expanded Polystyrene Market Export to Major Countries |
7.2 Maldives Expanded Polystyrene Market Imports from Major Countries |
8 Maldives Expanded Polystyrene Market Key Performance Indicators |
9 Maldives Expanded Polystyrene Market - Opportunity Assessment |
9.1 Maldives Expanded Polystyrene Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Maldives Expanded Polystyrene Market Opportunity Assessment, By Foam Type, 2021 & 2031F |
9.3 Maldives Expanded Polystyrene Market Opportunity Assessment, By Density, 2021 & 2031F |
9.4 Maldives Expanded Polystyrene Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Maldives Expanded Polystyrene Market - Competitive Landscape |
10.1 Maldives Expanded Polystyrene Market Revenue Share, By Companies, 2024 |
10.2 Maldives Expanded Polystyrene 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.
To discover high-growth global markets and optimize your business strategy:
Click Here