| Product Code: ETC4685121 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Maldives continues to rely on key players such as China, India, USA, Germany, and Thailand for asphalt shingle imports in 2024. Despite a negative compound annual growth rate (CAGR) from 2020 to 2024, there was a significant growth spurt in 2024 with a growth rate of 70.18%. The Herfindahl-Hirschman Index (HHI) indicates a high concentration of imports among these top exporting countries, suggesting a stable market dominance. This data underscores the importance of these nations in supplying asphalt shingles to meet Maldives` construction needs.

The Asphalt Shingles market in Maldives is projected to grow at a growing growth rate of 9.24% by 2027, highlighting the country's increasing focus on advanced technologies within the Asia region, where China holds the dominant position, followed closely by India, Japan, Australia and South Korea, shaping overall regional 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 Asphalt Shingles Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Asphalt Shingles Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Asphalt Shingles Market - Industry Life Cycle |
3.4 Maldives Asphalt Shingles Market - Porter's Five Forces |
3.5 Maldives Asphalt Shingles Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Maldives Asphalt Shingles Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Maldives Asphalt Shingles Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Maldives Asphalt Shingles Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Maldives Asphalt Shingles Market Trends |
6 Maldives Asphalt Shingles Market Segmentations |
6.1 Maldives Asphalt Shingles Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Maldives Asphalt Shingles Market Revenues & Volume, By Laminates Asphalt Shingles, 2021-2031F |
6.1.3 Maldives Asphalt Shingles Market Revenues & Volume, By Three-tab Shingles, 2021-2031F |
6.1.4 Maldives Asphalt Shingles Market Revenues & Volume, By Strip, 2021-2031F |
6.1.5 Maldives Asphalt Shingles Market Revenues & Volume, By Luxury shingles, 2021-2031F |
6.2 Maldives Asphalt Shingles Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Maldives Asphalt Shingles Market Revenues & Volume, By Fiberglass, 2021-2031F |
6.2.3 Maldives Asphalt Shingles Market Revenues & Volume, By Organic, 2021-2031F |
6.3 Maldives Asphalt Shingles Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Maldives Asphalt Shingles Market Revenues & Volume, By Fiberglass, 2021-2031F |
6.3.3 Maldives Asphalt Shingles Market Revenues & Volume, By Organic, 2021-2031F |
7 Maldives Asphalt Shingles Market Import-Export Trade Statistics |
7.1 Maldives Asphalt Shingles Market Export to Major Countries |
7.2 Maldives Asphalt Shingles Market Imports from Major Countries |
8 Maldives Asphalt Shingles Market Key Performance Indicators |
9 Maldives Asphalt Shingles Market - Opportunity Assessment |
9.1 Maldives Asphalt Shingles Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Maldives Asphalt Shingles Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Maldives Asphalt Shingles Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Maldives Asphalt Shingles Market - Competitive Landscape |
10.1 Maldives Asphalt Shingles Market Revenue Share, By Companies, 2024 |
10.2 Maldives Asphalt Shingles 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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