| Product Code: ETC8151949 | 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 |
Maldives` LPG vaporizer import shipments in 2024 saw significant growth, with Italy, China, India, Germany, and Sweden emerging as top exporters to the country. The market remained moderately concentrated in terms of Herfindahl-Hirschman Index (HHI) in 2024. The compound annual growth rate (CAGR) from 2020 to 2024 was an impressive 21.25%, indicating a strong upward trend in imports. Additionally, the growth rate from 2023 to 2024 stood at 13.34%, highlighting ongoing expansion opportunities in the Maldives LPG vaporizer market.

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 LPG Vaporizer Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives LPG Vaporizer Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives LPG Vaporizer Market - Industry Life Cycle |
3.4 Maldives LPG Vaporizer Market - Porter's Five Forces |
3.5 Maldives LPG Vaporizer Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Maldives LPG Vaporizer Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
3.7 Maldives LPG Vaporizer Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Maldives LPG Vaporizer Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for clean energy solutions |
4.2.2 Government initiatives promoting the use of LPG as a cleaner fuel |
4.2.3 Growth in tourism industry leading to higher LPG consumption |
4.3 Market Restraints |
4.3.1 High initial investment costs for setting up LPG vaporizer systems |
4.3.2 Lack of awareness about the benefits of LPG vaporizers |
4.3.3 Limited infrastructure for LPG distribution and storage |
5 Maldives LPG Vaporizer Market Trends |
6 Maldives LPG Vaporizer Market, By Types |
6.1 Maldives LPG Vaporizer Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Maldives LPG Vaporizer Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Maldives LPG Vaporizer Market Revenues & Volume, By Direct-fired, 2021- 2031F |
6.1.4 Maldives LPG Vaporizer Market Revenues & Volume, By Electric, 2021- 2031F |
6.1.5 Maldives LPG Vaporizer Market Revenues & Volume, By Steam/Water Bath, 2021- 2031F |
6.2 Maldives LPG Vaporizer Market, By Capacity |
6.2.1 Overview and Analysis |
6.2.2 Maldives LPG Vaporizer Market Revenues & Volume, By 40-160 gal/hr, 2021- 2031F |
6.2.3 Maldives LPG Vaporizer Market Revenues & Volume, By 168-455 gal/hr, 2021- 2031F |
6.2.4 Maldives LPG Vaporizer Market Revenues & Volume, By 555-1005 gal/hr, 2021- 2031F |
6.2.5 Maldives LPG Vaporizer Market Revenues & Volume, By >1000 gal/hr, 2021- 2031F |
6.3 Maldives LPG Vaporizer Market, By End-use |
6.3.1 Overview and Analysis |
6.3.2 Maldives LPG Vaporizer Market Revenues & Volume, By Industrial, 2021- 2031F |
6.3.3 Maldives LPG Vaporizer Market Revenues & Volume, By Commercial, 2021- 2031F |
6.3.4 Maldives LPG Vaporizer Market Revenues & Volume, By Agriculture, 2021- 2031F |
7 Maldives LPG Vaporizer Market Import-Export Trade Statistics |
7.1 Maldives LPG Vaporizer Market Export to Major Countries |
7.2 Maldives LPG Vaporizer Market Imports from Major Countries |
8 Maldives LPG Vaporizer Market Key Performance Indicators |
8.1 Number of government policies supporting the adoption of LPG vaporizers |
8.2 Percentage increase in LPG consumption in the Maldives |
8.3 Number of new hotels/resorts using LPG vaporizers |
8.4 Percentage growth in the number of LPG vaporizer installations |
8.5 Number of partnerships with local distributors for LPG supply |
9 Maldives LPG Vaporizer Market - Opportunity Assessment |
9.1 Maldives LPG Vaporizer Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Maldives LPG Vaporizer Market Opportunity Assessment, By Capacity, 2021 & 2031F |
9.3 Maldives LPG Vaporizer Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Maldives LPG Vaporizer Market - Competitive Landscape |
10.1 Maldives LPG Vaporizer Market Revenue Share, By Companies, 2024 |
10.2 Maldives LPG Vaporizer 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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