| Product Code: ETC12918272 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Barbados continued to see substantial imports of marine gel coat primarily from the USA, Trinidad and Tobago, Sweden, Spain, and Puerto Rico. The market remains highly concentrated, with a high Herfindahl-Hirschman Index (HHI). However, there was a significant decline in the compound annual growth rate (CAGR) from 2020 to 2024 at -21.79%. Moreover, the growth rate from 2023 to 2024 further decreased by -6.09%. These figures suggest a challenging market environment for marine gel coat imports in Barbados, indicating potential shifts in demand or market dynamics.

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 Marine Gel Coat Market Overview |
3.1 Barbados Country Macro Economic Indicators |
3.2 Barbados Marine Gel Coat Market Revenues & Volume, 2021 & 2031F |
3.3 Barbados Marine Gel Coat Market - Industry Life Cycle |
3.4 Barbados Marine Gel Coat Market - Porter's Five Forces |
3.5 Barbados Marine Gel Coat Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Barbados Marine Gel Coat Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.7 Barbados Marine Gel Coat Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Barbados Marine Gel Coat Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Barbados Marine Gel Coat Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the boating and marine industry in Barbados |
4.2.2 Increase in recreational and leisure activities involving marine vessels |
4.2.3 Rising demand for high-quality gel coats in boat maintenance and repair |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting production costs |
4.3.2 Competition from alternative coating technologies |
4.3.3 Environmental regulations impacting the use of certain gel coat formulations |
5 Barbados Marine Gel Coat Market Trends |
6 Barbados Marine Gel Coat Market, By Types |
6.1 Barbados Marine Gel Coat Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Barbados Marine Gel Coat Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Barbados Marine Gel Coat Market Revenues & Volume, By Polyester-Based, 2021 - 2031F |
6.1.4 Barbados Marine Gel Coat Market Revenues & Volume, By Epoxy-Based, 2021 - 2031F |
6.1.5 Barbados Marine Gel Coat Market Revenues & Volume, By Vinyl Ester-Based, 2021 - 2031F |
6.2 Barbados Marine Gel Coat Market, By Resin Type |
6.2.1 Overview and Analysis |
6.2.2 Barbados Marine Gel Coat Market Revenues & Volume, By Polyester, 2021 - 2031F |
6.2.3 Barbados Marine Gel Coat Market Revenues & Volume, By Epoxy, 2021 - 2031F |
6.2.4 Barbados Marine Gel Coat Market Revenues & Volume, By Vinyl Ester, 2021 - 2031F |
6.3 Barbados Marine Gel Coat Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Barbados Marine Gel Coat Market Revenues & Volume, By Yacht Finishing, 2021 - 2031F |
6.3.3 Barbados Marine Gel Coat Market Revenues & Volume, By Commercial Boats, 2021 - 2031F |
6.3.4 Barbados Marine Gel Coat Market Revenues & Volume, By Naval Ships, 2021 - 2031F |
6.4 Barbados Marine Gel Coat Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Barbados Marine Gel Coat Market Revenues & Volume, By Private Owners, 2021 - 2031F |
6.4.3 Barbados Marine Gel Coat Market Revenues & Volume, By Manufacturers, 2021 - 2031F |
6.4.4 Barbados Marine Gel Coat Market Revenues & Volume, By Military, 2021 - 2031F |
7 Barbados Marine Gel Coat Market Import-Export Trade Statistics |
7.1 Barbados Marine Gel Coat Market Export to Major Countries |
7.2 Barbados Marine Gel Coat Market Imports from Major Countries |
8 Barbados Marine Gel Coat Market Key Performance Indicators |
8.1 Average selling price of gel coat products |
8.2 Number of new boat registrations in Barbados |
8.3 Customer satisfaction ratings for gel coat products |
8.4 Research and development investment in eco-friendly gel coat formulations |
8.5 Market penetration of gel coat products in the marine industry |
9 Barbados Marine Gel Coat Market - Opportunity Assessment |
9.1 Barbados Marine Gel Coat Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Barbados Marine Gel Coat Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.3 Barbados Marine Gel Coat Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Barbados Marine Gel Coat Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Barbados Marine Gel Coat Market - Competitive Landscape |
10.1 Barbados Marine Gel Coat Market Revenue Share, By Companies, 2024 |
10.2 Barbados Marine Gel Coat Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |