| Product Code: ETC5872859 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
Antigua and Barbuda`s light duty vehicle import shipments in 2024 continued to show significant growth, with a high concentration of imports coming from countries such as China, South Korea, Japan, Indonesia, and India. The Herfindahl-Hirschman Index (HHI) indicated a shift towards very high concentration in 2024, reflecting a more consolidated market. The impressive compound annual growth rate (CAGR) of 92.69% from 2020 to 2024 highlights the robust demand for light vehicles in the region. Furthermore, the remarkable growth rate of 103.37% from 2023 to 2024 underscores the accelerating pace of import shipments in the sector.


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 Antigua and Barbuda Light Duty Vehicle Market Overview  | 
3.1 Antigua and Barbuda Country Macro Economic Indicators  | 
3.2 Antigua and Barbuda Light Duty Vehicle Market Revenues & Volume, 2021 & 2031F  | 
3.3 Antigua and Barbuda Light Duty Vehicle Market - Industry Life Cycle  | 
3.4 Antigua and Barbuda Light Duty Vehicle Market - Porter's Five Forces  | 
3.5 Antigua and Barbuda Light Duty Vehicle Market Revenues & Volume Share, By Transmission Type, 2021 & 2031F  | 
3.6 Antigua and Barbuda Light Duty Vehicle Market Revenues & Volume Share, By Turbocharger, 2021 & 2031F  | 
4 Antigua and Barbuda Light Duty Vehicle Market Dynamics  | 
4.1 Impact Analysis  | 
4.2 Market Drivers  | 
4.2.1 Increasing disposable income of consumers in Antigua and Barbuda  | 
4.2.2 Growing tourism industry leading to higher demand for rental vehicles  | 
4.2.3 Infrastructure development and road expansion projects in the country  | 
4.3 Market Restraints  | 
4.3.1 High import duties and taxes on vehicles  | 
4.3.2 Limited availability of financing options for vehicle purchases  | 
4.3.3 Lack of charging infrastructure for electric vehicles  | 
5 Antigua and Barbuda Light Duty Vehicle Market Trends  | 
6 Antigua and Barbuda Light Duty Vehicle Market Segmentations  | 
6.1 Antigua and Barbuda Light Duty Vehicle Market, By Transmission Type  | 
6.1.1 Overview and Analysis  | 
6.1.2 Antigua and Barbuda Light Duty Vehicle Market Revenues & Volume, By Automatic transmission (AT), 2021-2031F  | 
6.1.3 Antigua and Barbuda Light Duty Vehicle Market Revenues & Volume, By Continuous variable transmission (CVT), 2021-2031F  | 
6.1.4 Antigua and Barbuda Light Duty Vehicle Market Revenues & Volume, By Manual transmission (MT), 2021-2031F  | 
6.2 Antigua and Barbuda Light Duty Vehicle Market, By Turbocharger  | 
6.2.1 Overview and Analysis  | 
6.2.2 Antigua and Barbuda Light Duty Vehicle Market Revenues & Volume, By Gasoline Turbocharged, 2021-2031F  | 
6.2.3 Antigua and Barbuda Light Duty Vehicle Market Revenues & Volume, By Diesel Turbocharged, 2021-2031F  | 
7 Antigua and Barbuda Light Duty Vehicle Market Import-Export Trade Statistics  | 
7.1 Antigua and Barbuda Light Duty Vehicle Market Export to Major Countries  | 
7.2 Antigua and Barbuda Light Duty Vehicle Market Imports from Major Countries  | 
8 Antigua and Barbuda Light Duty Vehicle Market Key Performance Indicators  | 
8.1 Average age of vehicles in Antigua and Barbuda  | 
8.2 Number of vehicles per capita in the country  | 
8.3 Average fuel efficiency of light duty vehicles in the market  | 
9 Antigua and Barbuda Light Duty Vehicle Market - Opportunity Assessment  | 
9.1 Antigua and Barbuda Light Duty Vehicle Market Opportunity Assessment, By Transmission Type, 2021 & 2031F  | 
9.2 Antigua and Barbuda Light Duty Vehicle Market Opportunity Assessment, By Turbocharger, 2021 & 2031F  | 
10 Antigua and Barbuda Light Duty Vehicle Market - Competitive Landscape  | 
10.1 Antigua and Barbuda Light Duty Vehicle Market Revenue Share, By Companies, 2024  | 
10.2 Antigua and Barbuda Light Duty Vehicle Market Competitive Benchmarking, By Operating and Technical Parameters  | 
11 Company Profiles  | 
12 Recommendations  | 13 Disclaimer  |