| Product Code: ETC5366480 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Maldives continues to rely heavily on imports of paving blocks, with key suppliers such as India, UAE, Sri Lanka, China, and Germany dominating the market in 2024. Despite high market concentration with a very high Herfindahl-Hirschman Index (HHI), the industry saw a steady growth with a compound annual growth rate (CAGR) of 5.26% from 2020 to 2024. However, there was a significant decline in growth rate from 2023 to 2024, with a -46.9% decrease, indicating potential challenges or shifts in the market dynamics for paving block 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 Paving Blocks Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Paving Blocks Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Paving Blocks Market - Industry Life Cycle |
3.4 Maldives Paving Blocks Market - Porter's Five Forces |
3.5 Maldives Paving Blocks Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Maldives Paving Blocks Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Maldives Paving Blocks Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 Maldives Paving Blocks Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing urbanization and infrastructure development projects in the Maldives |
4.2.2 Growing focus on sustainable and eco-friendly construction materials |
4.2.3 Rise in tourism industry leading to demand for high-quality paving solutions |
4.3 Market Restraints |
4.3.1 Limited availability of raw materials for paving block production in the Maldives |
4.3.2 High initial investment required for setting up paving block manufacturing facilities |
4.3.3 Low awareness and adoption of paving blocks compared to traditional construction materials |
5 Maldives Paving Blocks Market Trends |
6 Maldives Paving Blocks Market Segmentations |
6.1 Maldives Paving Blocks Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Maldives Paving Blocks Market Revenues & Volume, By Pavers, 2021-2031F |
6.1.3 Maldives Paving Blocks Market Revenues & Volume, By Glazed Clay Bricks, 2021-2031F |
6.1.4 Maldives Paving Blocks Market Revenues & Volume, By Wall Block, 2021-2031F |
6.2 Maldives Paving Blocks Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Maldives Paving Blocks Market Revenues & Volume, By Clay, 2021-2031F |
6.2.3 Maldives Paving Blocks Market Revenues & Volume, By Building Bricks, 2021-2031F |
6.2.4 Maldives Paving Blocks Market Revenues & Volume, By Concrete, 2021-2031F |
6.3 Maldives Paving Blocks Market, By End-users |
6.3.1 Overview and Analysis |
6.3.2 Maldives Paving Blocks Market Revenues & Volume, By General, 2021-2031F |
6.3.3 Maldives Paving Blocks Market Revenues & Volume, By Structural, 2021-2031F |
6.3.4 Maldives Paving Blocks Market Revenues & Volume, By Hardscaping, 2021-2031F |
6.3.5 Maldives Paving Blocks Market Revenues & Volume, By Siding, 2021-2031F |
6.3.6 Maldives Paving Blocks Market Revenues & Volume, By Fireplace, 2021-2031F |
6.3.7 Maldives Paving Blocks Market Revenues & Volume, By Other, 2021-2031F |
7 Maldives Paving Blocks Market Import-Export Trade Statistics |
7.1 Maldives Paving Blocks Market Export to Major Countries |
7.2 Maldives Paving Blocks Market Imports from Major Countries |
8 Maldives Paving Blocks Market Key Performance Indicators |
8.1 Average selling price of paving blocks in the Maldives market |
8.2 Number of infrastructure projects utilizing paving blocks |
8.3 Percentage of construction companies incorporating sustainable materials like paving blocks into their projects. |
9 Maldives Paving Blocks Market - Opportunity Assessment |
9.1 Maldives Paving Blocks Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Maldives Paving Blocks Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Maldives Paving Blocks Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 Maldives Paving Blocks Market - Competitive Landscape |
10.1 Maldives Paving Blocks Market Revenue Share, By Companies, 2024 |
10.2 Maldives Paving Blocks 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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