| Product Code: ETC5372465 | 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 |
The Maldives continues to rely on Malaysia, India, Thailand, China, and Sri Lanka for plastics materials and resins imports in 2024. Despite a significant decline in the compound annual growth rate (CAGR) from 2020-24 at -31.14%, the high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The growth rate plummeted by -85.35% from 2023-24, reflecting challenges in the sector. Monitoring market dynamics and exploring strategies to diversify import sources may be crucial for Maldivian businesses in the plastics industry.

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 Plastics Materials and Resins Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Plastics Materials and Resins Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Plastics Materials and Resins Market - Industry Life Cycle |
3.4 Maldives Plastics Materials and Resins Market - Porter's Five Forces |
3.5 Maldives Plastics Materials and Resins Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Maldives Plastics Materials and Resins Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Maldives Plastics Materials and Resins Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for packaging materials in various industries |
4.2.2 Increasing focus on sustainable and eco-friendly materials |
4.2.3 Technological advancements in plastic materials and resins production |
4.3 Market Restraints |
4.3.1 Environmental concerns and regulations related to plastic waste |
4.3.2 Fluctuating prices of raw materials like crude oil |
4.3.3 Competition from alternative materials like paper and biodegradable plastics |
5 Maldives Plastics Materials and Resins Market Trends |
6 Maldives Plastics Materials and Resins Market Segmentations |
6.1 Maldives Plastics Materials and Resins Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Maldives Plastics Materials and Resins Market Revenues & Volume, By Polypropylene (PP), 2021-2031F |
6.1.3 Maldives Plastics Materials and Resins Market Revenues & Volume, By High-density polyethylene (PE-HD), 2021-2031F |
6.1.4 Maldives Plastics Materials and Resins Market Revenues & Volume, By Polyvinyl chloride (PVC), 2021-2031F |
6.1.5 Maldives Plastics Materials and Resins Market Revenues & Volume, By Polyethylene terephthalate (PET), 2021-2031F |
6.2 Maldives Plastics Materials and Resins Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Maldives Plastics Materials and Resins Market Revenues & Volume, By Chemical Industry, 2021-2031F |
6.2.3 Maldives Plastics Materials and Resins Market Revenues & Volume, By Coating & Printing Industry, 2021-2031F |
6.2.4 Maldives Plastics Materials and Resins Market Revenues & Volume, By Electronics Industry, 2021-2031F |
6.2.5 Maldives Plastics Materials and Resins Market Revenues & Volume, By Food & Pharmaceutical Industry, 2021-2031F |
6.2.6 Maldives Plastics Materials and Resins Market Revenues & Volume, By Others, 2021-2031F |
7 Maldives Plastics Materials and Resins Market Import-Export Trade Statistics |
7.1 Maldives Plastics Materials and Resins Market Export to Major Countries |
7.2 Maldives Plastics Materials and Resins Market Imports from Major Countries |
8 Maldives Plastics Materials and Resins Market Key Performance Indicators |
8.1 Percentage of recycled materials used in plastic products |
8.2 Energy efficiency in plastic manufacturing processes |
8.3 Investment in research and development for sustainable plastic materials |
9 Maldives Plastics Materials and Resins Market - Opportunity Assessment |
9.1 Maldives Plastics Materials and Resins Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Maldives Plastics Materials and Resins Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Maldives Plastics Materials and Resins Market - Competitive Landscape |
10.1 Maldives Plastics Materials and Resins Market Revenue Share, By Companies, 2024 |
10.2 Maldives Plastics Materials and Resins 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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