| Product Code: ETC5712394 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Maldives continues to heavily rely on imports of GFRG (Glass Fiber Reinforced Gypsum) with top exporters being India, UAE, Sri Lanka, China, and Germany in 2024. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite a modest Compound Annual Growth Rate (CAGR) of 5.26% from 2020-2024, there was a significant decline in growth rate from 2023-2024 at -46.9%. This suggests a potential slowdown in demand or challenges in the market. Monitoring these trends will be crucial for stakeholders in the GFRG import industry in 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 GFRG (Glass Fiber Reinforced Gypsum) Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives GFRG (Glass Fiber Reinforced Gypsum) Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives GFRG (Glass Fiber Reinforced Gypsum) Market - Industry Life Cycle |
3.4 Maldives GFRG (Glass Fiber Reinforced Gypsum) Market - Porter's Five Forces |
3.5 Maldives GFRG (Glass Fiber Reinforced Gypsum) Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Maldives GFRG (Glass Fiber Reinforced Gypsum) Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Maldives GFRG (Glass Fiber Reinforced Gypsum) Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Maldives GFRG (Glass Fiber Reinforced Gypsum) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for eco-friendly and sustainable construction materials |
4.2.2 Increasing focus on lightweight and high-strength building materials |
4.2.3 Rise in construction activities in the Maldives due to infrastructure development projects |
4.3 Market Restraints |
4.3.1 High initial costs associated with GFRG materials |
4.3.2 Limited awareness and adoption of GFRG technology in the Maldives |
4.3.3 Lack of skilled labor for GFRG installation and construction |
5 Maldives GFRG (Glass Fiber Reinforced Gypsum) Market Trends |
6 Maldives GFRG (Glass Fiber Reinforced Gypsum) Market Segmentations |
6.1 Maldives GFRG (Glass Fiber Reinforced Gypsum) Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Maldives GFRG (Glass Fiber Reinforced Gypsum) Market Revenues & Volume, By Type X, 2021-2031F |
6.1.3 Maldives GFRG (Glass Fiber Reinforced Gypsum) Market Revenues & Volume, By Type C, 2021-2031F |
6.1.4 Maldives GFRG (Glass Fiber Reinforced Gypsum) Market Revenues & Volume, By Others, 2021-2031F |
6.2 Maldives GFRG (Glass Fiber Reinforced Gypsum) Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Maldives GFRG (Glass Fiber Reinforced Gypsum) Market Revenues & Volume, By Interior, 2021-2031F |
6.2.3 Maldives GFRG (Glass Fiber Reinforced Gypsum) Market Revenues & Volume, By Exterior, 2021-2031F |
6.3 Maldives GFRG (Glass Fiber Reinforced Gypsum) Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Maldives GFRG (Glass Fiber Reinforced Gypsum) Market Revenues & Volume, By Residential, 2021-2031F |
6.3.3 Maldives GFRG (Glass Fiber Reinforced Gypsum) Market Revenues & Volume, By Non-Residential, 2021-2031F |
7 Maldives GFRG (Glass Fiber Reinforced Gypsum) Market Import-Export Trade Statistics |
7.1 Maldives GFRG (Glass Fiber Reinforced Gypsum) Market Export to Major Countries |
7.2 Maldives GFRG (Glass Fiber Reinforced Gypsum) Market Imports from Major Countries |
8 Maldives GFRG (Glass Fiber Reinforced Gypsum) Market Key Performance Indicators |
8.1 Adoption rate of GFRG materials in new construction projects |
8.2 Number of GFRG manufacturers and suppliers entering the Maldives market |
8.3 Percentage increase in GFRG material usage in the construction sector each year |
9 Maldives GFRG (Glass Fiber Reinforced Gypsum) Market - Opportunity Assessment |
9.1 Maldives GFRG (Glass Fiber Reinforced Gypsum) Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Maldives GFRG (Glass Fiber Reinforced Gypsum) Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Maldives GFRG (Glass Fiber Reinforced Gypsum) Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Maldives GFRG (Glass Fiber Reinforced Gypsum) Market - Competitive Landscape |
10.1 Maldives GFRG (Glass Fiber Reinforced Gypsum) Market Revenue Share, By Companies, 2024 |
10.2 Maldives GFRG (Glass Fiber Reinforced Gypsum) Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |