| Product Code: ETC8148618 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Maldives continued to rely on key trading partners such as India, Sri Lanka, Singapore, China, and Germany for external blinds imports in 2024. Despite the high concentration with a high Herfindahl-Hirschman Index (HHI), the industry experienced robust growth with a CAGR of 15.55% from 2020 to 2024. However, there was a notable decline in growth rate from 2023 to 2024 at -26.37%, indicating a potential shift or temporary setback in the market dynamics. Monitoring these trends will be crucial for stakeholders in the external blinds import sector.

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 External Blinds Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives External Blinds Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives External Blinds Market - Industry Life Cycle |
3.4 Maldives External Blinds Market - Porter's Five Forces |
3.5 Maldives External Blinds Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Maldives External Blinds Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Maldives External Blinds Market Revenues & Volume Share, By Operating System, 2021 & 2031F |
3.8 Maldives External Blinds Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Maldives External Blinds Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the benefits of external blinds in reducing energy costs and enhancing privacy |
4.2.2 Growing demand for aesthetically pleasing and customizable outdoor living spaces |
4.2.3 Rise in construction activities and infrastructure development in the Maldives |
4.3 Market Restraints |
4.3.1 High initial costs associated with installing external blinds |
4.3.2 Limited availability of skilled labor for installation and maintenance of external blinds |
4.3.3 Seasonal demand fluctuations due to weather conditions in the Maldives |
5 Maldives External Blinds Market Trends |
6 Maldives External Blinds Market, By Types |
6.1 Maldives External Blinds Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Maldives External Blinds Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Maldives External Blinds Market Revenues & Volume, By Roller Blinds, 2021- 2031F |
6.1.4 Maldives External Blinds Market Revenues & Volume, By Vertical Blinds, 2021- 2031F |
6.1.5 Maldives External Blinds Market Revenues & Volume, By Panel Blinds, 2021- 2031F |
6.1.6 Maldives External Blinds Market Revenues & Volume, By Corded Blinds, 2021- 2031F |
6.1.7 Maldives External Blinds Market Revenues & Volume, By Venetian Blinds, 2021- 2031F |
6.1.8 Maldives External Blinds Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Maldives External Blinds Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Maldives External Blinds Market Revenues & Volume, By Faux Wood, 2021- 2031F |
6.2.3 Maldives External Blinds Market Revenues & Volume, By Plastic, 2021- 2031F |
6.2.4 Maldives External Blinds Market Revenues & Volume, By Metal, 2021- 2031F |
6.2.5 Maldives External Blinds Market Revenues & Volume, By Paper, 2021- 2031F |
6.2.6 Maldives External Blinds Market Revenues & Volume, By Vinyl, 2021- 2031F |
6.2.7 Maldives External Blinds Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Maldives External Blinds Market, By Operating System |
6.3.1 Overview and Analysis |
6.3.2 Maldives External Blinds Market Revenues & Volume, By Manual, 2021- 2031F |
6.3.3 Maldives External Blinds Market Revenues & Volume, By Automatic, 2021- 2031F |
6.4 Maldives External Blinds Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Maldives External Blinds Market Revenues & Volume, By Residential, 2021- 2031F |
6.4.3 Maldives External Blinds Market Revenues & Volume, By Commercial, 2021- 2031F |
7 Maldives External Blinds Market Import-Export Trade Statistics |
7.1 Maldives External Blinds Market Export to Major Countries |
7.2 Maldives External Blinds Market Imports from Major Countries |
8 Maldives External Blinds Market Key Performance Indicators |
8.1 Number of new residential and commercial construction projects in the Maldives |
8.2 Percentage of households with outdoor living spaces opting for external blinds |
8.3 Adoption rate of energy-efficient external blinds in the market |
9 Maldives External Blinds Market - Opportunity Assessment |
9.1 Maldives External Blinds Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Maldives External Blinds Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Maldives External Blinds Market Opportunity Assessment, By Operating System, 2021 & 2031F |
9.4 Maldives External Blinds Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Maldives External Blinds Market - Competitive Landscape |
10.1 Maldives External Blinds Market Revenue Share, By Companies, 2024 |
10.2 Maldives External Blinds 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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