| Product Code: ETC5307827 | 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 |
In 2024, Maldives continued to see a high concentration of polymer clay import shipments, with top exporters being China, India, Sri Lanka, Thailand, and the USA. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The compound annual growth rate (CAGR) from 2020 to 2024 stood at 1.73%, showing steady growth in import volumes. Additionally, the growth rate from 2023 to 2024 was 1.06%, signaling a slight acceleration in the pace of import expansion. This data suggests a stable and growing market for polymer clay imports in 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 Polymer Clay Market Overview |
3.1 Maldives Country Macro Economic Indicators |
3.2 Maldives Polymer Clay Market Revenues & Volume, 2021 & 2031F |
3.3 Maldives Polymer Clay Market - Industry Life Cycle |
3.4 Maldives Polymer Clay Market - Porter's Five Forces |
3.5 Maldives Polymer Clay Market Revenues & Volume Share, By Product Form, 2021 & 2031F |
3.6 Maldives Polymer Clay Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Maldives Polymer Clay Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Maldives Polymer Clay Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for customized jewelry and accessories |
4.2.2 Growing popularity of DIY crafts and art projects |
4.2.3 Rising focus on sustainable and eco-friendly materials in the crafts industry |
4.3 Market Restraints |
4.3.1 Limited awareness and availability of polymer clay in the Maldives market |
4.3.2 Competition from traditional craft materials like clay, paper, and fabric |
5 Maldives Polymer Clay Market Trends |
6 Maldives Polymer Clay Market Segmentations |
6.1 Maldives Polymer Clay Market, By Product Form |
6.1.1 Overview and Analysis |
6.1.2 Maldives Polymer Clay Market Revenues & Volume, By Solid, 2021-2031F |
6.1.3 Maldives Polymer Clay Market Revenues & Volume, By Liquid, 2021-2031F |
6.2 Maldives Polymer Clay Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Maldives Polymer Clay Market Revenues & Volume, By Jewelry Making, 2021-2031F |
6.2.3 Maldives Polymer Clay Market Revenues & Volume, By Manufacturing of Toys and Novelty Items, 2021-2031F |
6.2.4 Maldives Polymer Clay Market Revenues & Volume, By Arts and Sculpture Making, 2021-2031F |
6.2.5 Maldives Polymer Clay Market Revenues & Volume, By Crockery and Ceramic Products, 2021-2031F |
6.2.6 Maldives Polymer Clay Market Revenues & Volume, By Others, 2021-2031F |
6.3 Maldives Polymer Clay Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Maldives Polymer Clay Market Revenues & Volume, By Residential, 2021-2031F |
6.3.3 Maldives Polymer Clay Market Revenues & Volume, By Commercial, 2021-2031F |
6.3.4 Maldives Polymer Clay Market Revenues & Volume, By Industrial, 2021-2031F |
7 Maldives Polymer Clay Market Import-Export Trade Statistics |
7.1 Maldives Polymer Clay Market Export to Major Countries |
7.2 Maldives Polymer Clay Market Imports from Major Countries |
8 Maldives Polymer Clay Market Key Performance Indicators |
8.1 Number of polymer clay workshops and classes conducted in the Maldives |
8.2 Percentage increase in the use of polymer clay in art exhibitions and craft fairs |
8.3 Number of local artisans and craft businesses incorporating polymer clay in their product offerings |
9 Maldives Polymer Clay Market - Opportunity Assessment |
9.1 Maldives Polymer Clay Market Opportunity Assessment, By Product Form, 2021 & 2031F |
9.2 Maldives Polymer Clay Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Maldives Polymer Clay Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Maldives Polymer Clay Market - Competitive Landscape |
10.1 Maldives Polymer Clay Market Revenue Share, By Companies, 2024 |
10.2 Maldives Polymer Clay 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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