| Product Code: ETC5297187 | 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` paint and coating import shipments in 2024 saw a diverse mix of top exporting countries including Singapore, UAE, Sri Lanka, India, and China. With a low Herfindahl-Hirschman Index (HHI) indicating low market concentration, the market remains competitive. The compound annual growth rate (CAGR) from 2020 to 2024 stood at a steady 2.39%, although there was a slight decline in growth rate from 2023 to 2024 at -2.85%. These figures suggest a stable market with opportunities for further expansion and development in the coming years.

In the Asia region, the Paint And Coating market in Maldives is projected to expand at a exponential growth rate of 15.29% by 2027. The largest economy is China, followed by India, Japan, Australia and South Korea.

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 Paint And Coating Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Paint And Coating Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Paint And Coating Market - Industry Life Cycle |
3.4 Maldives Paint And Coating Market - Porter's Five Forces |
3.5 Maldives Paint And Coating Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Maldives Paint And Coating Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Maldives Paint And Coating Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Maldives Paint And Coating Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in construction and infrastructure development projects in the Maldives |
4.2.2 Increasing demand for decorative and protective coatings in the tourism sector |
4.2.3 Rising awareness about the importance of maintenance and aesthetics in buildings |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting production costs |
4.3.2 Lack of skilled labor for specialized coating applications |
4.3.3 Stringent environmental regulations impacting the choice of coatings used |
5 Maldives Paint And Coating Market Trends |
6 Maldives Paint And Coating Market Segmentations |
6.1 Maldives Paint And Coating Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Maldives Paint And Coating Market Revenues & Volume, By Waterborne Coatings, 2021-2031F |
6.1.3 Maldives Paint And Coating Market Revenues & Volume, By Solvent-borne Coatings, 2021-2031F |
6.1.4 Maldives Paint And Coating Market Revenues & Volume, By Powder Coatings, 2021-2031F |
6.1.5 Maldives Paint And Coating Market Revenues & Volume, By High Solids/radiation Curing, 2021-2031F |
6.1.6 Maldives Paint And Coating Market Revenues & Volume, By Others, 2021-2031F |
6.2 Maldives Paint And Coating Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Maldives Paint And Coating Market Revenues & Volume, By Acrylic, 2021-2031F |
6.2.3 Maldives Paint And Coating Market Revenues & Volume, By Polyester, 2021-2031F |
6.2.4 Maldives Paint And Coating Market Revenues & Volume, By Alkyd, 2021-2031F |
6.2.5 Maldives Paint And Coating Market Revenues & Volume, By Polyurethane, 2021-2031F |
6.2.6 Maldives Paint And Coating Market Revenues & Volume, By Epoxy, 2021-2031F |
6.2.7 Maldives Paint And Coating Market Revenues & Volume, By Others, 2021-2031F |
6.3 Maldives Paint And Coating Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Maldives Paint And Coating Market Revenues & Volume, By Architectural & Decorative, 2021-2031F |
6.3.3 Maldives Paint And Coating Market Revenues & Volume, By Non-architectural, 2021-2031F |
7 Maldives Paint And Coating Market Import-Export Trade Statistics |
7.1 Maldives Paint And Coating Market Export to Major Countries |
7.2 Maldives Paint And Coating Market Imports from Major Countries |
8 Maldives Paint And Coating Market Key Performance Indicators |
8.1 Adoption rate of eco-friendly and sustainable coatings in the market |
8.2 Average project turnaround time for coating applications in construction projects |
8.3 Number of new product innovations and technologies introduced in the market |
9 Maldives Paint And Coating Market - Opportunity Assessment |
9.1 Maldives Paint And Coating Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Maldives Paint And Coating Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Maldives Paint And Coating Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Maldives Paint And Coating Market - Competitive Landscape |
10.1 Maldives Paint And Coating Market Revenue Share, By Companies, 2024 |
10.2 Maldives Paint And Coating Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |