| Product Code: ETC13058302 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The Maldives paint import market continued to show strong growth in 2024, with the top exporting countries being Sri Lanka, South Korea, India, UAE, and China. The market concentration remained high, indicating a competitive landscape. The impressive CAGR of 62.15% from 2020 to 2024 highlights the increasing demand for paint in the Maldives. The growth rate of 8.13% from 2023 to 2024 suggests a sustained momentum in the market. Importers and stakeholders in the paint industry should closely monitor trends and developments in these key exporting countries to capitalize on opportunities for growth.

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 Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Paint Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Paint Market - Industry Life Cycle |
3.4 Maldives Paint Market - Porter's Five Forces |
3.5 Maldives Paint Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Maldives Paint Market Revenues & Volume Share, By Finish Type, 2021 & 2031F |
3.7 Maldives Paint Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Maldives Paint Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Maldives Paint Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Maldives Paint Market Trends |
6 Maldives Paint Market, By Types |
6.1 Maldives Paint Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Maldives Paint Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Maldives Paint Market Revenues & Volume, By Water-Based, 2021 - 2031F |
6.1.4 Maldives Paint Market Revenues & Volume, By Oil-Based, 2021 - 2031F |
6.1.5 Maldives Paint Market Revenues & Volume, By Latex, 2021 - 2031F |
6.1.6 Maldives Paint Market Revenues & Volume, By Enamel, 2021 - 2031F |
6.2 Maldives Paint Market, By Finish Type |
6.2.1 Overview and Analysis |
6.2.2 Maldives Paint Market Revenues & Volume, By Matte, 2021 - 2031F |
6.2.3 Maldives Paint Market Revenues & Volume, By Glossy, 2021 - 2031F |
6.2.4 Maldives Paint Market Revenues & Volume, By Satin, 2021 - 2031F |
6.2.5 Maldives Paint Market Revenues & Volume, By Semi-Gloss, 2021 - 2031F |
6.3 Maldives Paint Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Maldives Paint Market Revenues & Volume, By Residential, 2021 - 2031F |
6.3.3 Maldives Paint Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.3.4 Maldives Paint Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.3.5 Maldives Paint Market Revenues & Volume, By Marine, 2021 - 2031F |
6.4 Maldives Paint Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Maldives Paint Market Revenues & Volume, By Walls & Ceilings, 2021 - 2031F |
6.4.3 Maldives Paint Market Revenues & Volume, By Cars & Trucks, 2021 - 2031F |
6.4.4 Maldives Paint Market Revenues & Volume, By Machinery, 2021 - 2031F |
6.4.5 Maldives Paint Market Revenues & Volume, By Boats & Ships, 2021 - 2031F |
7 Maldives Paint Market Import-Export Trade Statistics |
7.1 Maldives Paint Market Export to Major Countries |
7.2 Maldives Paint Market Imports from Major Countries |
8 Maldives Paint Market Key Performance Indicators |
9 Maldives Paint Market - Opportunity Assessment |
9.1 Maldives Paint Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Maldives Paint Market Opportunity Assessment, By Finish Type, 2021 & 2031F |
9.3 Maldives Paint Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Maldives Paint Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Maldives Paint Market - Competitive Landscape |
10.1 Maldives Paint Market Revenue Share, By Companies, 2024 |
10.2 Maldives Paint 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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