| Product Code: ETC5527258 | 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 continued to rely heavily on imports of plasterboard in 2024, with top exporters being India, China, Poland, Sri Lanka, and Thailand. The market showed high concentration levels with a high Herfindahl-Hirschman Index (HHI) in 2024. However, the industry experienced a significant decline with a negative Compound Annual Growth Rate (CAGR) of -17.99% from 2020 to 2024. Moreover, the growth rate plummeted in 2024, with a drastic decrease of -94.47% compared to the previous year, indicating a challenging environment for plasterboard imports in Maldives.

In the Asia region, the Plasterboard market in Maldives is projected to expand at a growing growth rate of 9.15% 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 Plasterboard Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Plasterboard Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Plasterboard Market - Industry Life Cycle |
3.4 Maldives Plasterboard Market - Porter's Five Forces |
3.5 Maldives Plasterboard Market Revenues & Volume Share Segmentations, 2021 & 2031F |
3.6 Maldives Plasterboard Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Maldives Plasterboard Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 Maldives Plasterboard Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing construction activities and infrastructure development in the Maldives |
4.2.2 Increasing demand for sustainable and energy-efficient building materials |
4.2.3 Rise in urbanization and population growth driving the need for residential and commercial spaces |
4.3 Market Restraints |
4.3.1 High initial costs associated with plasterboard installation and materials |
4.3.2 Dependence on imports for raw materials leading to supply chain disruptions |
4.3.3 Limited awareness and adoption of modern construction techniques in the Maldives |
5 Maldives Plasterboard Market Trends |
6 Maldives Plasterboard Market Segmentations |
6.1 Maldives Plasterboard Market Segmentations |
6.1.1 Overview and Analysis |
6.1.2 Maldives Plasterboard Market Revenues & Volume, By Standard, 2021-2031F |
6.1.3 Maldives Plasterboard Market Revenues & Volume, By Fire-resistant, 2021-2031F |
6.1.4 Maldives Plasterboard Market Revenues & Volume, By Sound-insulated, 2021-2031F |
6.1.5 Maldives Plasterboard Market Revenues & Volume, By Moisture-resistant, 2021-2031F |
6.1.6 Maldives Plasterboard Market Revenues & Volume, By Thermal, 2021-2031F |
6.1.7 Maldives Plasterboard Market Revenues & Volume, By Specialist, 2021-2031F |
6.1.9 Maldives Plasterboard Market Revenues & Volume, By Triple low-e, gas-filled, 2021-2031F |
6.1.10 Maldives Plasterboard Market Revenues & Volume, By Triple low-e, gas-filled, 2021-2031F |
6.2 Maldives Plasterboard Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Maldives Plasterboard Market Revenues & Volume, By Tapered-edged, 2021-2031F |
6.2.3 Maldives Plasterboard Market Revenues & Volume, By Square-edged, 2021-2031F |
6.3 Maldives Plasterboard Market, By End-users |
6.3.1 Overview and Analysis |
6.3.2 Maldives Plasterboard Market Revenues & Volume, By Residential, 2021-2031F |
6.3.3 Maldives Plasterboard Market Revenues & Volume, By Non-residential, 2021-2031F |
7 Maldives Plasterboard Market Import-Export Trade Statistics |
7.1 Maldives Plasterboard Market Export to Major Countries |
7.2 Maldives Plasterboard Market Imports from Major Countries |
8 Maldives Plasterboard Market Key Performance Indicators |
8.1 Average annual growth rate of construction permits issued in the Maldives |
8.2 Percentage of buildings using plasterboard as a primary construction material |
8.3 Adoption rate of energy-efficient building materials in the construction sector |
9 Maldives Plasterboard Market - Opportunity Assessment |
9.1 Maldives Plasterboard Market Opportunity Assessment Segmentations, 2021 & 2031F |
9.2 Maldives Plasterboard Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Maldives Plasterboard Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 Maldives Plasterboard Market - Competitive Landscape |
10.1 Maldives Plasterboard Market Revenue Share, By Companies, 2024 |
10.2 Maldives Plasterboard 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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