| Product Code: ETC5747506 | 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 increase in rigid foam import shipments in 2024, with top exporting countries being China, Sri Lanka, Turkey, Malaysia, and India. The market remained highly concentrated, with a high Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 was steady at 1.14, indicating a consistent growth trend. Notably, the growth rate from 2023 to 2024 spiked at an impressive 48.92%, reflecting a surge in demand for rigid foam imports in Maldives.

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 Rigid Foam Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Rigid Foam Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Rigid Foam Market - Industry Life Cycle |
3.4 Maldives Rigid Foam Market - Porter's Five Forces |
3.5 Maldives Rigid Foam Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Maldives Rigid Foam Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 Maldives Rigid Foam Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient insulation solutions in residential and commercial construction projects. |
4.2.2 Growing awareness about the benefits of rigid foam materials in terms of thermal insulation and moisture resistance. |
4.2.3 Government initiatives and regulations promoting the use of eco-friendly building materials like rigid foam in Maldives. |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with purchasing and installing rigid foam insulation products. |
4.3.2 Limited availability of skilled labor for the proper installation of rigid foam materials. |
4.3.3 Fluctuations in raw material prices impacting the overall cost of production and pricing of rigid foam products. |
5 Maldives Rigid Foam Market Trends |
6 Maldives Rigid Foam Market Segmentations |
6.1 Maldives Rigid Foam Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Maldives Rigid Foam Market Revenues & Volume, By Polyurethane, 2021-2031F |
6.1.3 Maldives Rigid Foam Market Revenues & Volume, By Polystyrene, 2021-2031F |
6.1.4 Maldives Rigid Foam Market Revenues & Volume, By Polyethylene, 2021-2031F |
6.1.5 Maldives Rigid Foam Market Revenues & Volume, By Polypropylene, 2021-2031F |
6.1.6 Maldives Rigid Foam Market Revenues & Volume, By Polyvinyl-Chloride, 2021-2031F |
6.2 Maldives Rigid Foam Market, By End Use Industry |
6.2.1 Overview and Analysis |
6.2.2 Maldives Rigid Foam Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.2.3 Maldives Rigid Foam Market Revenues & Volume, By Appliances, 2021-2031F |
6.2.4 Maldives Rigid Foam Market Revenues & Volume, By Packaging, 2021-2031F |
6.2.5 Maldives Rigid Foam Market Revenues & Volume, By Automotive, 2021-2031F |
7 Maldives Rigid Foam Market Import-Export Trade Statistics |
7.1 Maldives Rigid Foam Market Export to Major Countries |
7.2 Maldives Rigid Foam Market Imports from Major Countries |
8 Maldives Rigid Foam Market Key Performance Indicators |
8.1 Energy efficiency ratings of buildings using rigid foam insulation. |
8.2 Number of new construction projects incorporating rigid foam materials. |
8.3 Percentage increase in demand for rigid foam insulation over time. |
8.4 Adoption rate of eco-friendly insulation solutions in the construction sector. |
8.5 Customer satisfaction levels with the performance of rigid foam insulation products. |
9 Maldives Rigid Foam Market - Opportunity Assessment |
9.1 Maldives Rigid Foam Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Maldives Rigid Foam Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
10 Maldives Rigid Foam Market - Competitive Landscape |
10.1 Maldives Rigid Foam Market Revenue Share, By Companies, 2024 |
10.2 Maldives Rigid Foam Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |