| Product Code: ETC5091811 | 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 witnessed a significant influx of aluminum wire imports primarily from the USA, Jamaica, Metropolitan France, and Puerto Rico. Despite the high Herfindahl-Hirschman Index indicating a concentrated market, the compound annual growth rate (CAGR) from 2020 to 2024 soared impressively at 60.12%. However, there was a notable decline in the growth rate from 2023 to 2024, plunging by -33.94%. This data suggests a dynamic landscape for aluminum wire imports in Grenada, with opportunities for further market analysis and strategic decision-making.
By 2027, the Aluminum Wire market in Grenada is anticipated to reach a growth rate of 1.83%, as part of an increasingly competitive North America region, where United States of America remains at the forefront, supported by Canada, Trinidad and Tobago, Jamaica and Bahamas, driving innovations and market adoption across sectors.

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 Aluminum Wire Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Aluminum Wire Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Aluminum Wire Market - Industry Life Cycle |
3.4 Grenada Aluminum Wire Market - Porter's Five Forces |
3.5 Grenada Aluminum Wire Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 Grenada Aluminum Wire Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Grenada Aluminum Wire Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Aluminum Wire Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and durable materials in the construction and automotive industries |
4.2.2 Growing focus on energy efficiency and sustainability, leading to a shift towards aluminum wiring |
4.2.3 Technological advancements in aluminum wire manufacturing processes |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials such as aluminum and copper affecting the production costs |
4.3.2 Competition from substitute materials like copper wire |
4.3.3 Regulatory challenges related to safety standards and building codes for aluminum wiring |
5 Grenada Aluminum Wire Market Trends |
6 Grenada Aluminum Wire Market Segmentations |
6.1 Grenada Aluminum Wire Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 Grenada Aluminum Wire Market Revenues & Volume, By Electrical, 2021-2031F |
6.1.3 Grenada Aluminum Wire Market Revenues & Volume, By Alloy, 2021-2031F |
6.1.4 Grenada Aluminum Wire Market Revenues & Volume, By Mechanical, 2021-2031F |
6.2 Grenada Aluminum Wire Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Grenada Aluminum Wire Market Revenues & Volume, By Enameled, 2021-2031F |
6.2.3 Grenada Aluminum Wire Market Revenues & Volume, By Paper Insulated, 2021-2031F |
6.2.4 Grenada Aluminum Wire Market Revenues & Volume, By Fiber Glass Insulated, 2021-2031F |
6.2.5 Grenada Aluminum Wire Market Revenues & Volume, By Nomex Insulated, 2021-2031F |
6.2.6 Grenada Aluminum Wire Market Revenues & Volume, By Mica Insulated, 2021-2031F |
6.2.7 Grenada Aluminum Wire Market Revenues & Volume, By Cotton Insulated, 2021-2031F |
6.3 Grenada Aluminum Wire Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Aluminum Wire Market Revenues & Volume, By Automobile, 2021-2031F |
6.3.3 Grenada Aluminum Wire Market Revenues & Volume, By Circuit Breakers, 2021-2031F |
6.3.4 Grenada Aluminum Wire Market Revenues & Volume, By Switches & Meters, 2021-2031F |
6.3.5 Grenada Aluminum Wire Market Revenues & Volume, By Home Electrical Appliances, 2021-2031F |
6.3.6 Grenada Aluminum Wire Market Revenues & Volume, By Motors, 2021-2031F |
6.3.7 Grenada Aluminum Wire Market Revenues & Volume, By Rotating machine, 2021-2031F |
6.3.8 Grenada Aluminum Wire Market Revenues & Volume, By Shipping, 2021-2031F |
6.3.9 Grenada Aluminum Wire Market Revenues & Volume, By Shipping, 2021-2031F |
7 Grenada Aluminum Wire Market Import-Export Trade Statistics |
7.1 Grenada Aluminum Wire Market Export to Major Countries |
7.2 Grenada Aluminum Wire Market Imports from Major Countries |
8 Grenada Aluminum Wire Market Key Performance Indicators |
8.1 Percentage increase in the adoption of aluminum wire in construction projects |
8.2 Rate of technological innovation and efficiency improvements in aluminum wire manufacturing |
8.3 Number of new entrants in the Grenada aluminum wire market |
8.4 Level of compliance with safety standards and regulations in the industry |
8.5 Energy efficiency gains achieved through the use of aluminum wiring in different applications |
9 Grenada Aluminum Wire Market - Opportunity Assessment |
9.1 Grenada Aluminum Wire Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 Grenada Aluminum Wire Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 Grenada Aluminum Wire Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Aluminum Wire Market - Competitive Landscape |
10.1 Grenada Aluminum Wire Market Revenue Share, By Companies, 2024 |
10.2 Grenada Aluminum Wire Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |