| Product Code: ETC8155592 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Maldives experienced a shift in concentration levels for outdoor candle imports in 2024, moving from low to moderate concentration. Despite a slight decrease in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period 2020-2024 remains impressive at 26.72%. Top exporting countries such as China, Sri Lanka, and Thailand continue to play a significant role in supplying outdoor candles to the Maldives market, alongside Metropolitan France and the UAE. This data suggests a dynamic and evolving market landscape for outdoor candle imports in the Maldives.

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 Outdoor Candle Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Outdoor Candle Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Outdoor Candle Market - Industry Life Cycle |
3.4 Maldives Outdoor Candle Market - Porter's Five Forces |
3.5 Maldives Outdoor Candle Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Maldives Outdoor Candle Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Maldives Outdoor Candle Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing trend of outdoor dining and entertaining in the Maldives |
4.2.2 Increasing focus on ambiance and decor in outdoor spaces |
4.2.3 Rise in tourism and hospitality industry in the Maldives |
4.3 Market Restraints |
4.3.1 Seasonal variations in weather affecting outdoor candle usage |
4.3.2 Competition from alternative outdoor lighting solutions |
4.3.3 Environmental concerns regarding the use of candles |
5 Maldives Outdoor Candle Market Trends |
6 Maldives Outdoor Candle Market, By Types |
6.1 Maldives Outdoor Candle Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Maldives Outdoor Candle Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Maldives Outdoor Candle Market Revenues & Volume, By Paraffin Wax, 2021- 2031F |
6.1.4 Maldives Outdoor Candle Market Revenues & Volume, By Soy Wax, 2021- 2031F |
6.1.5 Maldives Outdoor Candle Market Revenues & Volume, By Bees Wax, 2021- 2031F |
6.1.6 Maldives Outdoor Candle Market Revenues & Volume, By Palm Wax, 2021- 2031F |
6.1.7 Maldives Outdoor Candle Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Maldives Outdoor Candle Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Maldives Outdoor Candle Market Revenues & Volume, By Online, 2021- 2031F |
6.2.3 Maldives Outdoor Candle Market Revenues & Volume, By Offline, 2021- 2031F |
7 Maldives Outdoor Candle Market Import-Export Trade Statistics |
7.1 Maldives Outdoor Candle Market Export to Major Countries |
7.2 Maldives Outdoor Candle Market Imports from Major Countries |
8 Maldives Outdoor Candle Market Key Performance Indicators |
8.1 Number of outdoor dining establishments using candles for ambiance |
8.2 Frequency of outdoor events and gatherings in the Maldives |
8.3 Consumer sentiment and demand for eco-friendly outdoor candles |
9 Maldives Outdoor Candle Market - Opportunity Assessment |
9.1 Maldives Outdoor Candle Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Maldives Outdoor Candle Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Maldives Outdoor Candle Market - Competitive Landscape |
10.1 Maldives Outdoor Candle Market Revenue Share, By Companies, 2024 |
10.2 Maldives Outdoor Candle 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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