| Product Code: ETC5237537 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The welding import shipments to Antigua and Barbuda in 2024 continued to be dominated by top exporting countries such as USA, China, Belgium, Italy, and Canada. Despite a high Herfindahl-Hirschman Index (HHI) indicating market concentration, the industry experienced a significant decline with a negative Compound Annual Growth Rate (CAGR) of -26.63% from 2020 to 2024. The year-on-year growth rate in 2024 also saw a sharp decline of -61.14%, reflecting challenges in the welding import sector in the country.

The welding market in Antigua and Barbuda covers all aspects of welding services and products, including welding consumables, equipment, and professional welding services. This market is essential for the maintenance and development of infrastructure, manufacturing, and industrial projects. The growth of the construction and manufacturing sectors in the region is a significant driver for this market.
The overall welding market in Antigua and Barbuda is driven by the increasing demand from key industries such as construction, automotive, and shipbuilding. The need for high-quality welding solutions to ensure structural integrity and safety is propelling market growth. Furthermore, technological advancements and the introduction of innovative welding techniques are contributing to the market`s expansion.
The Welding market in Antigua and Barbuda is challenged by a shortage of skilled labor, which affects the quality and efficiency of welding projects. Moreover, the high costs associated with welding equipment and consumables can be prohibitive for small businesses and independent contractors.
The government has implemented comprehensive policies to bolster the overall welding industry. These include funding for welding research and development, vocational training programs, and tax incentives for companies investing in welding technology and infrastructure.
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 Welding Market Overview |
3.1 Antigua and Barbuda Country Macro Economic Indicators |
3.2 Antigua and Barbuda Welding Market Revenues & Volume, 2021 & 2031F |
3.3 Antigua and Barbuda Welding Market - Industry Life Cycle |
3.4 Antigua and Barbuda Welding Market - Porter's Five Forces |
3.5 Antigua and Barbuda Welding Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Antigua and Barbuda Welding Market Revenues & Volume Share, By Welding Type, 2021 & 2031F |
3.7 Antigua and Barbuda Welding Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Antigua and Barbuda Welding Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in construction and infrastructure development projects in Antigua and Barbuda |
4.2.2 Increasing demand for customized metal fabrication services |
4.2.3 Implementation of stringent safety regulations and quality standards in welding practices |
4.3 Market Restraints |
4.3.1 Lack of skilled welders and technical expertise in the market |
4.3.2 Fluctuating prices of raw materials such as steel and aluminum |
4.3.3 Limited availability of advanced welding technologies and equipment |
5 Antigua and Barbuda Welding Market Trends |
6 Antigua and Barbuda Welding Market Segmentations |
6.1 Antigua and Barbuda Welding Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Antigua and Barbuda Welding Market Revenues & Volume, By Welding Equipment, 2021-2031F |
6.1.3 Antigua and Barbuda Welding Market Revenues & Volume, By Consumables, 2021-2031F |
6.2 Antigua and Barbuda Welding Market, By Welding Type |
6.2.1 Overview and Analysis |
6.2.2 Antigua and Barbuda Welding Market Revenues & Volume, By Arc, 2021-2031F |
6.2.3 Antigua and Barbuda Welding Market Revenues & Volume, By Resistance, 2021-2031F |
6.2.4 Antigua and Barbuda Welding Market Revenues & Volume, By Oxy-Acetylene Gas, 2021-2031F |
6.2.5 Antigua and Barbuda Welding Market Revenues & Volume, By Solid State, 2021-2031F |
6.2.6 Antigua and Barbuda Welding Market Revenues & Volume, By Others, 2021-2031F |
6.3 Antigua and Barbuda Welding Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Antigua and Barbuda Welding Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.3 Antigua and Barbuda Welding Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.3.4 Antigua and Barbuda Welding Market Revenues & Volume, By Heavy Engineering, 2021-2031F |
6.3.5 Antigua and Barbuda Welding Market Revenues & Volume, By Railway & Shipbuilding, 2021-2031F |
6.3.6 Antigua and Barbuda Welding Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.3.7 Antigua and Barbuda Welding Market Revenues & Volume, By Others, 2021-2031F |
7 Antigua and Barbuda Welding Market Import-Export Trade Statistics |
7.1 Antigua and Barbuda Welding Market Export to Major Countries |
7.2 Antigua and Barbuda Welding Market Imports from Major Countries |
8 Antigua and Barbuda Welding Market Key Performance Indicators |
8.1 Percentage of skilled welders trained annually |
8.2 Number of new welding certifications issued |
8.3 Rate of adoption of new welding technologies in the market |
8.4 Average time taken to complete welding projects |
8.5 Percentage of projects meeting safety and quality standards |
9 Antigua and Barbuda Welding Market - Opportunity Assessment |
9.1 Antigua and Barbuda Welding Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Antigua and Barbuda Welding Market Opportunity Assessment, By Welding Type, 2021 & 2031F |
9.3 Antigua and Barbuda Welding Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Antigua and Barbuda Welding Market - Competitive Landscape |
10.1 Antigua and Barbuda Welding Market Revenue Share, By Companies, 2024 |
10.2 Antigua and Barbuda Welding Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |