| Product Code: ETC5362224 | 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 saw a significant shift in its modeling paste import market in 2024, with top exporters being Greece, China, UAE, Malaysia, and Sri Lanka. The Herfindahl-Hirschman Index (HHI) decreased from moderate to low concentration, indicating a more competitive market landscape. Despite a negative compound annual growth rate (CAGR) of -4.04% from 2020 to 2024, the market experienced a remarkable growth spurt in 2024 with a growth rate of 77.01% compared to the previous year. This suggests potential opportunities for market expansion and diversification in the Maldives modeling paste 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 Modeling Paste Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Modeling Paste Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Modeling Paste Market - Industry Life Cycle |
3.4 Maldives Modeling Paste Market - Porter's Five Forces |
3.5 Maldives Modeling Paste Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Maldives Modeling Paste Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Maldives Modeling Paste Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for eco-friendly and natural ingredients in modeling paste products |
4.2.2 Growing popularity of DIY craft activities and home-based hobbies |
4.2.3 Rise in disposable income and consumer willingness to spend on premium modeling paste products |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Intense competition from substitute products like clay and playdough |
4.3.3 Limited availability of specialized modeling paste variants in the market |
5 Maldives Modeling Paste Market Trends |
6 Maldives Modeling Paste Market Segmentations |
6.1 Maldives Modeling Paste Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Maldives Modeling Paste Market Revenues & Volume, By White, 2021-2031F |
6.1.3 Maldives Modeling Paste Market Revenues & Volume, By Red, 2021-2031F |
6.1.4 Maldives Modeling Paste Market Revenues & Volume, By Green, 2021-2031F |
6.1.5 Maldives Modeling Paste Market Revenues & Volume, By Black, 2021-2031F |
6.1.6 Maldives Modeling Paste Market Revenues & Volume, By Others, 2021-2031F |
6.2 Maldives Modeling Paste Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Maldives Modeling Paste Market Revenues & Volume, By Commercial, 2021-2031F |
6.2.3 Maldives Modeling Paste Market Revenues & Volume, By Residential, 2021-2031F |
7 Maldives Modeling Paste Market Import-Export Trade Statistics |
7.1 Maldives Modeling Paste Market Export to Major Countries |
7.2 Maldives Modeling Paste Market Imports from Major Countries |
8 Maldives Modeling Paste Market Key Performance Indicators |
8.1 Number of new product launches in the modeling paste market |
8.2 Consumer engagement on social media platforms related to modeling paste products |
8.3 Participation rates in crafting workshops and events featuring modeling paste |
8.4 Growth in online searches and queries for modeling paste tutorials and techniques |
8.5 Number of collaborations between modeling paste brands and influencers/content creators in the craft industry |
9 Maldives Modeling Paste Market - Opportunity Assessment |
9.1 Maldives Modeling Paste Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Maldives Modeling Paste Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Maldives Modeling Paste Market - Competitive Landscape |
10.1 Maldives Modeling Paste Market Revenue Share, By Companies, 2024 |
10.2 Maldives Modeling Paste 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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