| Product Code: ETC6307246 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Barbados continues to see a significant volume of coaster imports in 2024, with top exporting countries being the USA, China, Netherlands, Panama, and the UK. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite a healthy compound annual growth rate (CAGR) of 9.18% from 2020 to 2024, there was a notable decline in growth from 2023 to 2024 at -34.87%. This suggests a potential slowdown in the coaster import market for Barbados, prompting a need for further analysis and strategic planning for stakeholders in the industry.

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 Barbados Coaster Market Overview |
3.1 Barbados Country Macro Economic Indicators |
3.2 Barbados Coaster Market Revenues & Volume, 2021 & 2031F |
3.3 Barbados Coaster Market - Industry Life Cycle |
3.4 Barbados Coaster Market - Porter's Five Forces |
3.5 Barbados Coaster Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Barbados Coaster Market Revenues & Volume Share, By Category, 2021 & 2031F |
3.7 Barbados Coaster Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.8 Barbados Coaster Market Revenues & Volume Share, By Shape, 2021 & 2031F |
3.9 Barbados Coaster Market Revenues & Volume Share, By Price, 2021 & 2031F |
3.10 Barbados Coaster Market Revenues & Volume Share, By End-user, 2021 & 2031F |
3.11 Barbados Coaster Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Barbados Coaster Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in tourism industry in Barbados, leading to increased demand for souvenirs and gifts like coasters. |
4.2.2 Rising popularity of home decor and interior design, driving the demand for decorative coasters. |
4.2.3 Increasing focus on sustainable and eco-friendly products, boosting the market for eco-friendly coasters. |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting production costs of coasters. |
4.3.2 Intense competition from imported coasters affecting the market share of local manufacturers. |
4.3.3 Economic instability in Barbados leading to fluctuating consumer spending and affecting coaster sales. |
5 Barbados Coaster Market Trends |
6 Barbados Coaster Market, By Types |
6.1 Barbados Coaster Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Barbados Coaster Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Barbados Coaster Market Revenues & Volume, By Absorbent Coasters, 2021- 2031F |
6.1.4 Barbados Coaster Market Revenues & Volume, By Non-absorbent Coasters, 2021- 2031F |
6.2 Barbados Coaster Market, By Category |
6.2.1 Overview and Analysis |
6.2.2 Barbados Coaster Market Revenues & Volume, By Reusable Coasters, 2021- 2031F |
6.2.3 Barbados Coaster Market Revenues & Volume, By Disposable Coasters, 2021- 2031F |
6.3 Barbados Coaster Market, By Material |
6.3.1 Overview and Analysis |
6.3.2 Barbados Coaster Market Revenues & Volume, By Plastic, 2021- 2031F |
6.3.3 Barbados Coaster Market Revenues & Volume, By Ceramic, 2021- 2031F |
6.3.4 Barbados Coaster Market Revenues & Volume, By Cotton, 2021- 2031F |
6.3.5 Barbados Coaster Market Revenues & Volume, By Rubber, 2021- 2031F |
6.3.6 Barbados Coaster Market Revenues & Volume, By Bamboo, 2021- 2031F |
6.3.7 Barbados Coaster Market Revenues & Volume, By Leather, 2021- 2031F |
6.4 Barbados Coaster Market, By Shape |
6.4.1 Overview and Analysis |
6.4.2 Barbados Coaster Market Revenues & Volume, By Square, 2021- 2031F |
6.4.3 Barbados Coaster Market Revenues & Volume, By Round, 2021- 2031F |
6.4.4 Barbados Coaster Market Revenues & Volume, By Rectangle, 2021- 2031F |
6.4.5 Barbados Coaster Market Revenues & Volume, By Others, 2021- 2031F |
6.5 Barbados Coaster Market, By Price |
6.5.1 Overview and Analysis |
6.5.2 Barbados Coaster Market Revenues & Volume, By Low, 2021- 2031F |
6.5.3 Barbados Coaster Market Revenues & Volume, By Medium, 2021- 2031F |
6.5.4 Barbados Coaster Market Revenues & Volume, By High, 2021- 2031F |
6.6 Barbados Coaster Market, By End-user |
6.6.1 Overview and Analysis |
6.6.2 Barbados Coaster Market Revenues & Volume, By Residential, 2021- 2031F |
6.6.3 Barbados Coaster Market Revenues & Volume, By Commercial, 2021- 2031F |
6.6.4 Barbados Coaster Market Revenues & Volume, By HoReCa, 2021- 2031F |
6.6.5 Barbados Coaster Market Revenues & Volume, By Pubs and Lounges, 2021- 2031F |
6.6.6 Barbados Coaster Market Revenues & Volume, By Offices, 2021- 2031F |
6.6.7 Barbados Coaster Market Revenues & Volume, By Households, 2021- 2031F |
6.7 Barbados Coaster Market, By Distribution Channel |
6.7.1 Overview and Analysis |
6.7.2 Barbados Coaster Market Revenues & Volume, By Online, 2021- 2031F |
6.7.3 Barbados Coaster Market Revenues & Volume, By Company-owned Websites, 2021- 2031F |
6.7.4 Barbados Coaster Market Revenues & Volume, By Offline, 2021- 2031F |
6.7.5 Barbados Coaster Market Revenues & Volume, By Offline, 2021- 2031F |
6.7.6 Barbados Coaster Market Revenues & Volume, By Hypermarkets & Supermarkets, 2021- 2031F |
6.7.7 Barbados Coaster Market Revenues & Volume, By Specialty Stores, 2021- 2031F |
7 Barbados Coaster Market Import-Export Trade Statistics |
7.1 Barbados Coaster Market Export to Major Countries |
7.2 Barbados Coaster Market Imports from Major Countries |
8 Barbados Coaster Market Key Performance Indicators |
8.1 Customer satisfaction scores to gauge the level of satisfaction with Barbados coasters. |
8.2 Number of new designs introduced to assess innovation and product development in the coaster market. |
8.3 Percentage of revenue from repeat customers to measure customer loyalty and retention. |
9 Barbados Coaster Market - Opportunity Assessment |
9.1 Barbados Coaster Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Barbados Coaster Market Opportunity Assessment, By Category, 2021 & 2031F |
9.3 Barbados Coaster Market Opportunity Assessment, By Material, 2021 & 2031F |
9.4 Barbados Coaster Market Opportunity Assessment, By Shape, 2021 & 2031F |
9.5 Barbados Coaster Market Opportunity Assessment, By Price, 2021 & 2031F |
9.6 Barbados Coaster Market Opportunity Assessment, By End-user, 2021 & 2031F |
9.7 Barbados Coaster Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Barbados Coaster Market - Competitive Landscape |
10.1 Barbados Coaster Market Revenue Share, By Companies, 2024 |
10.2 Barbados Coaster 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.
To discover high-growth global markets and optimize your business strategy:
Click Here