| Product Code: ETC5319398 | 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 continues to see a significant influx of skylight imports, with key exporting countries including China, Portugal, Sri Lanka, India, and Malaysia in 2024. The market remains highly concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) for the period 2020-2024 stands at a healthy 11.43%, with a notable growth spurt recorded from 2023 to 2024 at a rate of 74.44%. This suggests a strong demand for skylights in Maldives and underscores the importance of these importing countries in meeting that demand.

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 Skylight Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Skylight Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Skylight Market - Industry Life Cycle |
3.4 Maldives Skylight Market - Porter's Five Forces |
3.5 Maldives Skylight Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Maldives Skylight Market Revenues & Volume Share, By Operation, 2021 & 2031F |
3.7 Maldives Skylight Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.8 Maldives Skylight Market Revenues & Volume Share, By Installation, 2021 & 2031F |
3.9 Maldives Skylight Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 Maldives Skylight Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing tourism industry in the Maldives, leading to increased demand for luxury accommodations and unique experiences. |
4.2.2 Government initiatives promoting sustainable development and eco-friendly tourism, creating opportunities for skylight installations in eco-resorts and hotels. |
4.2.3 Rising awareness about the benefits of natural light in improving well-being and energy efficiency, driving the adoption of skylights in residential and commercial buildings. |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with skylight installations, limiting adoption among budget-conscious consumers. |
4.3.2 Challenges related to maintenance and potential leakage issues with skylights in the tropical climate of the Maldives. |
4.3.3 Limited availability of skilled labor for proper installation and maintenance of skylights, potentially affecting market growth. |
5 Maldives Skylight Market Trends |
6 Maldives Skylight Market Segmentations |
6.1 Maldives Skylight Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Maldives Skylight Market Revenues & Volume, By Tubular, 2021-2031F |
6.1.3 Maldives Skylight Market Revenues & Volume, By Custom, 2021-2031F |
6.1.4 Maldives Skylight Market Revenues & Volume, By Pyramid, 2021-2031F |
6.1.5 Maldives Skylight Market Revenues & Volume, By Dome, 2021-2031F |
6.1.6 Maldives Skylight Market Revenues & Volume, By Barrel Vault, 2021-2031F |
6.2 Maldives Skylight Market, By Operation |
6.2.1 Overview and Analysis |
6.2.2 Maldives Skylight Market Revenues & Volume, By Fixed, 2021-2031F |
6.2.3 Maldives Skylight Market Revenues & Volume, By Manual, 2021-2031F |
6.2.4 Maldives Skylight Market Revenues & Volume, By Electric, 2021-2031F |
6.3 Maldives Skylight Market, By Material |
6.3.1 Overview and Analysis |
6.3.2 Maldives Skylight Market Revenues & Volume, By Glass, 2021-2031F |
6.3.3 Maldives Skylight Market Revenues & Volume, By Acrylic, 2021-2031F |
6.3.4 Maldives Skylight Market Revenues & Volume, By Polycarbonate, 2021-2031F |
6.3.5 Maldives Skylight Market Revenues & Volume, By Others, 2021-2031F |
6.4 Maldives Skylight Market, By Installation |
6.4.1 Overview and Analysis |
6.4.2 Maldives Skylight Market Revenues & Volume, By Replacement Demand, 2021-2031F |
6.4.3 Maldives Skylight Market Revenues & Volume, By New Construction, 2021-2031F |
6.5 Maldives Skylight Market, By End-users |
6.5.1 Overview and Analysis |
6.5.2 Maldives Skylight Market Revenues & Volume, By Residential, 2021-2031F |
6.5.3 Maldives Skylight Market Revenues & Volume, By Commercial, 2021-2031F |
7 Maldives Skylight Market Import-Export Trade Statistics |
7.1 Maldives Skylight Market Export to Major Countries |
7.2 Maldives Skylight Market Imports from Major Countries |
8 Maldives Skylight Market Key Performance Indicators |
8.1 Average number of skylights installed per luxury resort/hotel in the Maldives. |
8.2 Percentage of new construction projects in the Maldives incorporating skylights in their design. |
8.3 Number of eco-resorts/hotels in the Maldives that have received certifications for sustainable practices, including skylight installations. |
8.4 Rate of growth in the use of energy-efficient skylights in residential buildings in the Maldives. |
8.5 Customer satisfaction scores related to natural light levels in buildings with skylights compared to those without. |
9 Maldives Skylight Market - Opportunity Assessment |
9.1 Maldives Skylight Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Maldives Skylight Market Opportunity Assessment, By Operation, 2021 & 2031F |
9.3 Maldives Skylight Market Opportunity Assessment, By Material, 2021 & 2031F |
9.4 Maldives Skylight Market Opportunity Assessment, By Installation, 2021 & 2031F |
9.5 Maldives Skylight Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 Maldives Skylight Market - Competitive Landscape |
10.1 Maldives Skylight Market Revenue Share, By Companies, 2024 |
10.2 Maldives Skylight 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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