| Product Code: ETC8152810 | 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 |
The Maldives continues to be a key destination for makeup base imports, with significant contributions from Thailand, Malaysia, China, Sri Lanka, and Indonesia in 2024. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive compound annual growth rate (CAGR) of 18.49% from 2020 to 2024 highlights the strong demand for makeup base products in the Maldives. Additionally, the growth rate of 7.35% from 2023 to 2024 suggests sustained momentum in the market, presenting opportunities for both domestic and international makeup base suppliers.

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 Makeup Base Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Makeup Base Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Makeup Base Market - Industry Life Cycle |
3.4 Maldives Makeup Base Market - Porter's Five Forces |
3.5 Maldives Makeup Base Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Maldives Makeup Base Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Maldives Makeup Base Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing beauty consciousness among Maldivian consumers |
4.2.2 Growth of the tourism industry in the Maldives leading to higher demand for makeup products |
4.2.3 Influence of social media and beauty influencers promoting makeup trends in the Maldives |
4.3 Market Restraints |
4.3.1 Limited availability of high-quality makeup base products in the Maldives |
4.3.2 High import duties and taxes affecting the affordability of makeup base products in the market |
5 Maldives Makeup Base Market Trends |
6 Maldives Makeup Base Market, By Types |
6.1 Maldives Makeup Base Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Maldives Makeup Base Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Maldives Makeup Base Market Revenues & Volume, By Foundation, 2021- 2031F |
6.1.4 Maldives Makeup Base Market Revenues & Volume, By Concealer, 2021- 2031F |
6.1.5 Maldives Makeup Base Market Revenues & Volume, By Powder, 2021- 2031F |
6.1.6 Maldives Makeup Base Market Revenues & Volume, By Primer, 2021- 2031F |
6.2 Maldives Makeup Base Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Maldives Makeup Base Market Revenues & Volume, By Online, 2021- 2031F |
6.2.3 Maldives Makeup Base Market Revenues & Volume, By Offline, 2021- 2031F |
7 Maldives Makeup Base Market Import-Export Trade Statistics |
7.1 Maldives Makeup Base Market Export to Major Countries |
7.2 Maldives Makeup Base Market Imports from Major Countries |
8 Maldives Makeup Base Market Key Performance Indicators |
8.1 Average spend per customer on makeup base products |
8.2 Number of new makeup base product launches in the Maldives market |
8.3 Social media engagement and reach of makeup brands in the Maldives market |
9 Maldives Makeup Base Market - Opportunity Assessment |
9.1 Maldives Makeup Base Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Maldives Makeup Base Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Maldives Makeup Base Market - Competitive Landscape |
10.1 Maldives Makeup Base Market Revenue Share, By Companies, 2024 |
10.2 Maldives Makeup Base 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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