| Product Code: ETC4802028 | Publication Date: Nov 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Maldives Handicrafts Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 16.18% in 2026, following an initial rate of 15.43%, before easing to 5.07% at the end of the period.

By 2027, the Handicrafts market in Maldives is anticipated to reach a growth rate of 15.22%, as part of an increasingly competitive Asia region, where China remains at the forefront, supported by India, Japan, Australia and South Korea, driving innovations and market adoption across sectors.

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 Handicrafts Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Handicrafts Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Handicrafts Market - Industry Life Cycle |
3.4 Maldives Handicrafts Market - Porter's Five Forces |
3.5 Maldives Handicrafts Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Maldives Handicrafts Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.7 Maldives Handicrafts Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 Maldives Handicrafts Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Maldives Handicrafts Market Trends |
6 Maldives Handicrafts Market Segmentations |
6.1 Maldives Handicrafts Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Maldives Handicrafts Market Revenues & Volume, By Woodware, 2021-2031F |
6.1.3 Maldives Handicrafts Market Revenues & Volume, By Art metal Ware, 2021-2031F |
6.1.4 Maldives Handicrafts Market Revenues & Volume, By Hand printed Textiles and Scarves, 2021-2031F |
6.1.5 Maldives Handicrafts Market Revenues & Volume, By Embroidered and Crocheted Goods, 2021-2031F |
6.1.6 Maldives Handicrafts Market Revenues & Volume, By Zari and Zari Goods, 2021-2031F |
6.1.7 Maldives Handicrafts Market Revenues & Volume, By Imitation Jewellery, 2021-2031F |
6.1.9 Maldives Handicrafts Market Revenues & Volume, By Others, 2021-2031F |
6.1.10 Maldives Handicrafts Market Revenues & Volume, By Others, 2021-2031F |
6.2 Maldives Handicrafts Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Maldives Handicrafts Market Revenues & Volume, By Mass Retailers, 2021-2031F |
6.2.3 Maldives Handicrafts Market Revenues & Volume, By Departmental Stores, 2021-2031F |
6.2.4 Maldives Handicrafts Market Revenues & Volume, By Independent Retailers, 2021-2031F |
6.2.5 Maldives Handicrafts Market Revenues & Volume, By Specialty Stores, 2021-2031F |
6.2.6 Maldives Handicrafts Market Revenues & Volume, By Online Stores, 2021-2031F |
6.2.7 Maldives Handicrafts Market Revenues & Volume, By Others, 2021-2031F |
6.3 Maldives Handicrafts Market, By End-users |
6.3.1 Overview and Analysis |
6.3.2 Maldives Handicrafts Market Revenues & Volume, By Residential, 2021-2031F |
6.3.3 Maldives Handicrafts Market Revenues & Volume, By Commercial, 2021-2031F |
7 Maldives Handicrafts Market Import-Export Trade Statistics |
7.1 Maldives Handicrafts Market Export to Major Countries |
7.2 Maldives Handicrafts Market Imports from Major Countries |
8 Maldives Handicrafts Market Key Performance Indicators |
9 Maldives Handicrafts Market - Opportunity Assessment |
9.1 Maldives Handicrafts Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Maldives Handicrafts Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.3 Maldives Handicrafts Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 Maldives Handicrafts Market - Competitive Landscape |
10.1 Maldives Handicrafts Market Revenue Share, By Companies, 2024 |
10.2 Maldives Handicrafts 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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