| Product Code: ETC5515796 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The architectural hardware import market in Grenada experienced significant growth in 2024, with top exporting countries being the USA, Canada, Trinidad and Tobago, China, and the UK. The market concentration, as measured by the HHI, increased from moderate in 2023 to very high in 2024, indicating a more consolidated market landscape. The impressive Compound Annual Growth Rate (CAGR) of 24.3% from 2020 to 2024 and a growth rate of 9.32% from 2023 to 2024 suggest a strong and accelerating demand for architectural hardware imports in Grenada.
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 Architectural Hardware Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Architectural Hardware Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Architectural Hardware Market - Industry Life Cycle |
3.4 Grenada Architectural Hardware Market - Porter's Five Forces |
3.5 Grenada Architectural Hardware Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Grenada Architectural Hardware Market Revenues & Volume Share, By End-user, 2021 & 2031F |
4 Grenada Architectural Hardware Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing construction activities in Grenada |
4.2.2 Growing demand for modern and aesthetically pleasing architectural hardware |
4.2.3 Government initiatives to promote infrastructure development |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Competition from imported architectural hardware products |
4.3.3 Economic instability affecting consumer spending |
5 Grenada Architectural Hardware Market Trends |
6 Grenada Architectural Hardware Market Segmentations |
6.1 Grenada Architectural Hardware Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Grenada Architectural Hardware Market Revenues & Volume, By Doors, 2021-2031F |
6.1.3 Grenada Architectural Hardware Market Revenues & Volume, By Windows, 2021-2031F |
6.1.4 Grenada Architectural Hardware Market Revenues & Volume, By Furniture, 2021-2031F |
6.1.5 Grenada Architectural Hardware Market Revenues & Volume, By Shower, 2021-2031F |
6.2 Grenada Architectural Hardware Market, By End-user |
6.2.1 Overview and Analysis |
6.2.2 Grenada Architectural Hardware Market Revenues & Volume, By Commercial, 2021-2031F |
6.2.3 Grenada Architectural Hardware Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.4 Grenada Architectural Hardware Market Revenues & Volume, By Residential, 2021-2031F |
7 Grenada Architectural Hardware Market Import-Export Trade Statistics |
7.1 Grenada Architectural Hardware Market Export to Major Countries |
7.2 Grenada Architectural Hardware Market Imports from Major Countries |
8 Grenada Architectural Hardware Market Key Performance Indicators |
8.1 Number of new construction permits issued in Grenada |
8.2 Consumer sentiment index related to home improvement and renovation projects |
8.3 Rate of adoption of smart architectural hardware solutions in the market |
9 Grenada Architectural Hardware Market - Opportunity Assessment |
9.1 Grenada Architectural Hardware Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Grenada Architectural Hardware Market Opportunity Assessment, By End-user, 2021 & 2031F |
10 Grenada Architectural Hardware Market - Competitive Landscape |
10.1 Grenada Architectural Hardware Market Revenue Share, By Companies, 2024 |
10.2 Grenada Architectural Hardware 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.
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