| Product Code: ETC5224702 | 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 experienced a significant increase in fire extinguisher imports in 2024, with top exporting countries being the USA, India, Thailand, China, and Turkey. The market showed moderate concentration based on the Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 was a robust 20.77%, indicating a growing demand for fire safety equipment in the country. Furthermore, the impressive growth rate of 108.7% from 2023 to 2024 suggests a surge in import volumes and highlights the importance of fire safety measures in Maldives.

By 2027, the Fire Extinguishers market in Maldives is anticipated to reach a growth rate of 14.45%, as part of an increasingly competitive Asia region, where China remains at the forefront, supported by India, Japan, Australia and South Korea, driving innovations and market adoption across sectors.

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 Fire Extinguishers Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Fire Extinguishers Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Fire Extinguishers Market - Industry Life Cycle |
3.4 Maldives Fire Extinguishers Market - Porter's Five Forces |
3.5 Maldives Fire Extinguishers Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Maldives Fire Extinguishers Market Revenues & Volume Share, By Fire Type, 2021 & 2031F |
3.7 Maldives Fire Extinguishers Market Revenues & Volume Share, By Agents, 2021 & 2031F |
3.8 Maldives Fire Extinguishers Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Maldives Fire Extinguishers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Stringent safety regulations and standards in the Maldives |
4.2.2 Increasing awareness about fire safety measures among businesses and individuals |
4.2.3 Growth in construction activities and infrastructure development in the Maldives |
4.3 Market Restraints |
4.3.1 Limited availability of skilled professionals for fire safety maintenance and inspection |
4.3.2 High initial costs associated with installing fire extinguishers in buildings |
5 Maldives Fire Extinguishers Market Trends |
6 Maldives Fire Extinguishers Market Segmentations |
6.1 Maldives Fire Extinguishers Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Maldives Fire Extinguishers Market Revenues & Volume, By Automatic Fire Extinguishers, 2021-2031F |
6.1.3 Maldives Fire Extinguishers Market Revenues & Volume, By Regular Dry Chemical, 2021-2031F |
6.1.4 Maldives Fire Extinguishers Market Revenues & Volume, By Multi-Purpose Dry Chemical, 2021-2031F | 6.1.6 Maldives Fire Extinguishers Market Revenues & Volume, By Portable Fire Extinguishers, 2021-2031F |
6.1.6 Maldives Fire Extinguishers Market Revenues & Volume, By Others, 2021-2031F |
6.2 Maldives Fire Extinguishers Market, By Fire Type |
6.2.1 Overview and Analysis |
6.2.2 Maldives Fire Extinguishers Market Revenues & Volume, By Cooking, 2021-2031F |
6.2.3 Maldives Fire Extinguishers Market Revenues & Volume, By Electrical Equipment, 2021-2031F |
6.2.4 Maldives Fire Extinguishers Market Revenues & Volume, By Flammable Liquids, 2021-2031F |
6.2.5 Maldives Fire Extinguishers Market Revenues & Volume, By Solids, 2021-2031F |
6.2.6 Maldives Fire Extinguishers Market Revenues & Volume, By Flammable Gasses, 2021-2031F |
6.2.7 Maldives Fire Extinguishers Market Revenues & Volume, By Combustible Metals, 2021-2031F |
6.3 Maldives Fire Extinguishers Market, By Agents |
6.3.1 Overview and Analysis |
6.3.2 Maldives Fire Extinguishers Market Revenues & Volume, By Aqueous Film Forming Foams, 2021-2031F |
6.3.3 Maldives Fire Extinguishers Market Revenues & Volume, By Potassium Bicarbonate, 2021-2031F |
6.3.4 Maldives Fire Extinguishers Market Revenues & Volume, By Mono Ammonium Phosphate, 2021-2031F |
6.3.5 Maldives Fire Extinguishers Market Revenues & Volume, By Sodium Bicarbonate, 2021-2031F |
6.3.6 Maldives Fire Extinguishers Market Revenues & Volume, By Carbon Dioxide, 2021-2031F |
6.3.7 Maldives Fire Extinguishers Market Revenues & Volume, By Others, 2021-2031F |
6.4 Maldives Fire Extinguishers Market, By Applications |
6.4.1 Overview and Analysis |
6.4.2 Maldives Fire Extinguishers Market Revenues & Volume, By Manufacturing and Construction Sites, 2021-2031F |
6.4.3 Maldives Fire Extinguishers Market Revenues & Volume, By Warehouses, 2021-2031F |
6.4.4 Maldives Fire Extinguishers Market Revenues & Volume, By Residential, 2021-2031F |
6.4.5 Maldives Fire Extinguishers Market Revenues & Volume, By Commercial, 2021-2031F |
6.4.6 Maldives Fire Extinguishers Market Revenues & Volume, By Factories and Food Processing Plants, 2021-2031F |
6.4.7 Maldives Fire Extinguishers Market Revenues & Volume, By Others, 2021-2031F |
7 Maldives Fire Extinguishers Market Import-Export Trade Statistics |
7.1 Maldives Fire Extinguishers Market Export to Major Countries |
7.2 Maldives Fire Extinguishers Market Imports from Major Countries |
8 Maldives Fire Extinguishers Market Key Performance Indicators |
8.1 Number of fire safety training sessions conducted annually in the Maldives |
8.2 Percentage increase in the adoption of fire extinguishers in new construction projects |
8.3 Average response time to fire incidents in buildings where fire extinguishers are installed |
9 Maldives Fire Extinguishers Market - Opportunity Assessment |
9.1 Maldives Fire Extinguishers Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Maldives Fire Extinguishers Market Opportunity Assessment, By Fire Type, 2021 & 2031F |
9.3 Maldives Fire Extinguishers Market Opportunity Assessment, By Agents, 2021 & 2031F |
9.4 Maldives Fire Extinguishers Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Maldives Fire Extinguishers Market - Competitive Landscape |
10.1 Maldives Fire Extinguishers Market Revenue Share, By Companies, 2024 |
10.2 Maldives Fire Extinguishers 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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