| Product Code: ETC8161925 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Maldives saw a significant increase in vegetable-based ink import shipments in 2024, with top exporting countries being Japan, India, China, Sri Lanka, and Thailand. Despite high concentration in 2023, the Herfindahl-Hirschman Index (HHI) remained at a high level in 2024. The compound annual growth rate (CAGR) from 2020 to 2024 was -0.12%, but there was a notable growth rate of 11.16% from 2023 to 2024. This indicates a positive trend in the market, with potential opportunities for further expansion and diversification in the coming years.

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 Vegetable-based Inks Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Vegetable-based Inks Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Vegetable-based Inks Market - Industry Life Cycle |
3.4 Maldives Vegetable-based Inks Market - Porter's Five Forces |
3.5 Maldives Vegetable-based Inks Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Maldives Vegetable-based Inks Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Maldives Vegetable-based Inks Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer preference for eco-friendly and sustainable products |
4.2.2 Growing awareness about the harmful effects of chemical-based inks on the environment and human health |
4.2.3 Government regulations promoting the use of vegetable-based inks in printing industries |
4.3 Market Restraints |
4.3.1 Higher cost of vegetable-based inks compared to traditional inks |
4.3.2 Limited color options and printing capabilities of vegetable-based inks |
4.3.3 Lack of awareness and education among consumers and printing industries about the benefits of vegetable-based inks |
5 Maldives Vegetable-based Inks Market Trends |
6 Maldives Vegetable-based Inks Market, By Types |
6.1 Maldives Vegetable-based Inks Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Maldives Vegetable-based Inks Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Maldives Vegetable-based Inks Market Revenues & Volume, By Soy-based Ink, 2021- 2031F |
6.1.4 Maldives Vegetable-based Inks Market Revenues & Volume, By Linseed Ink, 2021- 2031F |
6.1.5 Maldives Vegetable-based Inks Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Maldives Vegetable-based Inks Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Maldives Vegetable-based Inks Market Revenues & Volume, By Label & Packaging, 2021- 2031F |
6.2.3 Maldives Vegetable-based Inks Market Revenues & Volume, By Commercial Printing, 2021- 2031F |
6.2.4 Maldives Vegetable-based Inks Market Revenues & Volume, By Publication, 2021- 2031F |
6.2.5 Maldives Vegetable-based Inks Market Revenues & Volume, By Others, 2021- 2031F |
7 Maldives Vegetable-based Inks Market Import-Export Trade Statistics |
7.1 Maldives Vegetable-based Inks Market Export to Major Countries |
7.2 Maldives Vegetable-based Inks Market Imports from Major Countries |
8 Maldives Vegetable-based Inks Market Key Performance Indicators |
8.1 Percentage increase in the adoption of vegetable-based inks by printing companies |
8.2 Number of certifications obtained for eco-friendly and sustainable printing practices |
8.3 Volume of research and development investments in improving the quality and range of vegetable-based inks |
9 Maldives Vegetable-based Inks Market - Opportunity Assessment |
9.1 Maldives Vegetable-based Inks Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Maldives Vegetable-based Inks Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Maldives Vegetable-based Inks Market - Competitive Landscape |
10.1 Maldives Vegetable-based Inks Market Revenue Share, By Companies, 2024 |
10.2 Maldives Vegetable-based Inks 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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