| Product Code: ETC6313548 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Barbados saw a continued high concentration of large SUV imports in 2024, with top exporters being South Korea, Belgium, UK, USA, and Thailand. Despite a challenging CAGR of -10.9% from 2020 to 2024, there was a slight improvement in the growth rate in 2024 at -3.69%. The market dynamics suggest opportunities for stakeholders to explore strategies for revitalizing the large SUV segment in Barbados and potentially reversing the declining trend.

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 Large SUVs Market Overview |
3.1 Barbados Country Macro Economic Indicators |
3.2 Barbados Large SUVs Market Revenues & Volume, 2021 & 2031F |
3.3 Barbados Large SUVs Market - Industry Life Cycle |
3.4 Barbados Large SUVs Market - Porter's Five Forces |
3.5 Barbados Large SUVs Market Revenues & Volume Share, By Fuel Type, 2021 & 2031F |
4 Barbados Large SUVs Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income in Barbados leading to higher purchasing power for large SUVs |
4.2.2 Growing preference for larger, more spacious vehicles among consumers in Barbados |
4.2.3 Improving road infrastructure and increasing urbanization driving demand for large SUVs |
4.3 Market Restraints |
4.3.1 High import duties and taxes impacting the affordability of large SUVs in Barbados |
4.3.2 Rising fuel prices affecting the operating costs of large SUVs in Barbados |
5 Barbados Large SUVs Market Trends |
6 Barbados Large SUVs Market, By Types |
6.1 Barbados Large SUVs Market, By Fuel Type |
6.1.1 Overview and Analysis |
6.1.2 Barbados Large SUVs Market Revenues & Volume, By Fuel Type, 2021- 2031F |
6.1.3 Barbados Large SUVs Market Revenues & Volume, By Petrol, 2021- 2031F |
6.1.4 Barbados Large SUVs Market Revenues & Volume, By Diesel, 2021- 2031F |
6.1.5 Barbados Large SUVs Market Revenues & Volume, By Electric, 2021- 2031F |
6.1.6 Barbados Large SUVs Market Revenues & Volume, By Others, 2021- 2031F |
7 Barbados Large SUVs Market Import-Export Trade Statistics |
7.1 Barbados Large SUVs Market Export to Major Countries |
7.2 Barbados Large SUVs Market Imports from Major Countries |
8 Barbados Large SUVs Market Key Performance Indicators |
8.1 Average age of vehicles in Barbados (indicating potential for vehicle replacement with large SUVs) |
8.2 Number of new car registrations in Barbados (reflecting overall demand for vehicles including large SUVs) |
8.3 Percentage of households owning more than one vehicle in Barbados (suggesting potential market for additional large SUV purchases) |
9 Barbados Large SUVs Market - Opportunity Assessment |
9.1 Barbados Large SUVs Market Opportunity Assessment, By Fuel Type, 2021 & 2031F |
10 Barbados Large SUVs Market - Competitive Landscape |
10.1 Barbados Large SUVs Market Revenue Share, By Companies, 2024 |
10.2 Barbados Large SUVs Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |