| Product Code: ETC5759077 | 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 steady rise in solar backsheet import shipments, with key exporters being China, Thailand, Metropolitan France, India, and Sri Lanka in 2024. The market shows moderate concentration with a Herfindahl-Hirschman Index (HHI) in the same year. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) from 2020 to 2024 remains strong at 21.34%. This indicates a sustained interest and investment in solar energy solutions in Maldives, with diverse sourcing channels contributing to the sector`s development.

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 Solar Backsheet Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Solar Backsheet Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Solar Backsheet Market - Industry Life Cycle |
3.4 Maldives Solar Backsheet Market - Porter's Five Forces |
3.5 Maldives Solar Backsheet Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Maldives Solar Backsheet Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Maldives Solar Backsheet Market Revenues & Volume Share, By Installation, 2021 & 2031F |
4 Maldives Solar Backsheet Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing government initiatives and incentives to promote solar energy adoption in the Maldives. |
4.2.2 Growing awareness about environmental sustainability and the benefits of using solar energy. |
4.2.3 Technological advancements in solar backsheet materials leading to improved efficiency and durability. |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with setting up solar PV systems in the Maldives. |
4.3.2 Limited availability of skilled labor for installation and maintenance of solar backsheet components. |
4.3.3 Intermittent sunlight exposure due to weather conditions in the Maldives affecting solar energy generation. |
5 Maldives Solar Backsheet Market Trends |
6 Maldives Solar Backsheet Market Segmentations |
6.1 Maldives Solar Backsheet Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Maldives Solar Backsheet Market Revenues & Volume, By Fluoropolymer , 2021-2031F |
6.1.3 Maldives Solar Backsheet Market Revenues & Volume, By Non-Fluoropolymer, 2021-2031F |
6.2 Maldives Solar Backsheet Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Maldives Solar Backsheet Market Revenues & Volume, By Utility, 2021-2031F |
6.2.3 Maldives Solar Backsheet Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.4 Maldives Solar Backsheet Market Revenues & Volume, By Commercial, 2021-2031F |
6.2.5 Maldives Solar Backsheet Market Revenues & Volume, By Residential, 2021-2031F |
6.2.6 Maldives Solar Backsheet Market Revenues & Volume, By Military, 2021-2031F |
6.3 Maldives Solar Backsheet Market, By Installation |
6.3.1 Overview and Analysis |
6.3.2 Maldives Solar Backsheet Market Revenues & Volume, By Roof-Mounted, 2021-2031F |
6.3.3 Maldives Solar Backsheet Market Revenues & Volume, By Ground-Mounted, 2021-2031F |
6.3.4 Maldives Solar Backsheet Market Revenues & Volume, By Floating Power Plant, 2021-2031F |
7 Maldives Solar Backsheet Market Import-Export Trade Statistics |
7.1 Maldives Solar Backsheet Market Export to Major Countries |
7.2 Maldives Solar Backsheet Market Imports from Major Countries |
8 Maldives Solar Backsheet Market Key Performance Indicators |
8.1 Average solar panel efficiency in the Maldives. |
8.2 Number of new solar installations using backsheet materials. |
8.3 Percentage of electricity generated from solar energy in the Maldives. |
8.4 Average lifespan of solar backsheet materials used in installations. |
8.5 Rate of return on investment for solar PV systems in the Maldives. |
9 Maldives Solar Backsheet Market - Opportunity Assessment |
9.1 Maldives Solar Backsheet Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Maldives Solar Backsheet Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Maldives Solar Backsheet Market Opportunity Assessment, By Installation, 2021 & 2031F |
10 Maldives Solar Backsheet Market - Competitive Landscape |
10.1 Maldives Solar Backsheet Market Revenue Share, By Companies, 2024 |
10.2 Maldives Solar Backsheet 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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