| Product Code: ETC5241436 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Grenada continued to rely on key suppliers like Trinidad and Tobago, Canada, India, USA, and China for alternative building materials imports. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, suggesting limited competition. Despite a moderate compound annual growth rate (CAGR) of 6.12% from 2020 to 2024, there was a slight decline in growth rate from 2023 to 2024 (-3.14%). Grenada`s import dynamics in this sector underscore the importance of diversifying sources and fostering a more competitive market landscape for sustainable growth.
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 Grenada Alternative Building Materials Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Alternative Building Materials Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Alternative Building Materials Market - Industry Life Cycle |
3.4 Grenada Alternative Building Materials Market - Porter's Five Forces |
3.5 Grenada Alternative Building Materials Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.6 Grenada Alternative Building Materials Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.7 Grenada Alternative Building Materials Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Alternative Building Materials Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing focus on sustainable and eco-friendly construction practices |
4.2.2 Rising awareness about the benefits of alternative building materials in terms of energy efficiency and cost savings |
4.2.3 Government initiatives and policies promoting the use of alternative building materials |
4.3 Market Restraints |
4.3.1 High initial cost of alternative building materials compared to traditional materials |
4.3.2 Limited availability and accessibility of alternative building materials in the market |
4.3.3 Lack of skilled labor and expertise in working with alternative building materials |
5 Grenada Alternative Building Materials Market Trends |
6 Grenada Alternative Building Materials Market Segmentations |
6.1 Grenada Alternative Building Materials Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 Grenada Alternative Building Materials Market Revenues & Volume, By Bamboo, 2021-2031F |
6.1.3 Grenada Alternative Building Materials Market Revenues & Volume, By Recycled Plastic, 2021-2031F |
6.1.4 Grenada Alternative Building Materials Market Revenues & Volume, By Wood, 2021-2031F |
6.1.5 Grenada Alternative Building Materials Market Revenues & Volume, By Others, 2021-2031F |
6.2 Grenada Alternative Building Materials Market, By End User |
6.2.1 Overview and Analysis |
6.2.2 Grenada Alternative Building Materials Market Revenues & Volume, By Residential, 2021-2031F |
6.2.3 Grenada Alternative Building Materials Market Revenues & Volume, By Non-residential, 2021-2031F |
6.3 Grenada Alternative Building Materials Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Alternative Building Materials Market Revenues & Volume, By Construction, 2021-2031F |
6.3.3 Grenada Alternative Building Materials Market Revenues & Volume, By Furniture, 2021-2031F |
6.3.4 Grenada Alternative Building Materials Market Revenues & Volume, By Flooring, 2021-2031F |
7 Grenada Alternative Building Materials Market Import-Export Trade Statistics |
7.1 Grenada Alternative Building Materials Market Export to Major Countries |
7.2 Grenada Alternative Building Materials Market Imports from Major Countries |
8 Grenada Alternative Building Materials Market Key Performance Indicators |
8.1 Percentage increase in the number of green building certifications in Grenada |
8.2 Adoption rate of alternative building materials by major construction companies in Grenada |
8.3 Number of research and development projects focused on improving alternative building materials in Grenada |
9 Grenada Alternative Building Materials Market - Opportunity Assessment |
9.1 Grenada Alternative Building Materials Market Opportunity Assessment, By Material, 2021 & 2031F |
9.2 Grenada Alternative Building Materials Market Opportunity Assessment, By End User, 2021 & 2031F |
9.3 Grenada Alternative Building Materials Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Alternative Building Materials Market - Competitive Landscape |
10.1 Grenada Alternative Building Materials Market Revenue Share, By Companies, 2024 |
10.2 Grenada Alternative Building Materials Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |