| Product Code: ETC8152323 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Maldives continues to rely on imports of light gauge steel, with key suppliers in 2024 being India, China, Singapore, Thailand, and Sri Lanka. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite a notable compound annual growth rate (CAGR) of 45.38% from 2020 to 2024, there was a decline in growth rate from 2023 to 2024 at -22.99%. This fluctuation may be attributed to various factors affecting the demand and supply dynamics in the market. Stakeholders should closely monitor these trends for strategic decision-making.

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 Light Gauge Steel Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Light Gauge Steel Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Light Gauge Steel Market - Industry Life Cycle |
3.4 Maldives Light Gauge Steel Market - Porter's Five Forces |
3.5 Maldives Light Gauge Steel Market Revenues & Volume Share, By Framing Type, 2021 & 2031F |
3.6 Maldives Light Gauge Steel Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 Maldives Light Gauge Steel Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the construction industry in the Maldives |
4.2.2 Increasing demand for lightweight and durable construction materials |
4.2.3 Government initiatives promoting sustainable and modern construction practices |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with light gauge steel construction |
4.3.2 Limited awareness and understanding of the benefits of light gauge steel construction in the market |
5 Maldives Light Gauge Steel Market Trends |
6 Maldives Light Gauge Steel Market, By Types |
6.1 Maldives Light Gauge Steel Market, By Framing Type |
6.1.1 Overview and Analysis |
6.1.2 Maldives Light Gauge Steel Market Revenues & Volume, By Framing Type, 2021- 2031F |
6.1.3 Maldives Light Gauge Steel Market Revenues & Volume, By Skeleton steel framing, 2021- 2031F |
6.1.4 Maldives Light Gauge Steel Market Revenues & Volume, By Wall bearing steel framing, 2021- 2031F |
6.1.5 Maldives Light Gauge Steel Market Revenues & Volume, By Long span steel framing, 2021- 2031F |
6.2 Maldives Light Gauge Steel Market, By End-Use |
6.2.1 Overview and Analysis |
6.2.2 Maldives Light Gauge Steel Market Revenues & Volume, By Commercial, 2021- 2031F |
6.2.3 Maldives Light Gauge Steel Market Revenues & Volume, By Hospitals, 2021- 2031F |
6.2.4 Maldives Light Gauge Steel Market Revenues & Volume, By Malls, 2021- 2031F |
6.2.5 Maldives Light Gauge Steel Market Revenues & Volume, By Educational Institutes, 2021- 2031F |
6.2.6 Maldives Light Gauge Steel Market Revenues & Volume, By Others, 2021- 2031F |
6.2.7 Maldives Light Gauge Steel Market Revenues & Volume, By Residential, 2021- 2031F |
7 Maldives Light Gauge Steel Market Import-Export Trade Statistics |
7.1 Maldives Light Gauge Steel Market Export to Major Countries |
7.2 Maldives Light Gauge Steel Market Imports from Major Countries |
8 Maldives Light Gauge Steel Market Key Performance Indicators |
8.1 Adoption rate of light gauge steel construction methods in the Maldives |
8.2 Number of new construction projects utilizing light gauge steel |
8.3 Percentage of construction companies offering light gauge steel as an option |
8.4 Training and certification programs for light gauge steel construction techniques in the Maldives |
9 Maldives Light Gauge Steel Market - Opportunity Assessment |
9.1 Maldives Light Gauge Steel Market Opportunity Assessment, By Framing Type, 2021 & 2031F |
9.2 Maldives Light Gauge Steel Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 Maldives Light Gauge Steel Market - Competitive Landscape |
10.1 Maldives Light Gauge Steel Market Revenue Share, By Companies, 2024 |
10.2 Maldives Light Gauge Steel Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |