| Product Code: ETC4793093 | 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 import balustrades and handrails mainly from Trinidad and Tobago, USA, China, UK, Taiwan, and Province of China. The market remains concentrated with a high Herfindahl-Hirschman Index (HHI). Despite a slight decline in the compound annual growth rate (CAGR) from 2020-24 at -1.46%, there was a notable uptick in the growth rate from 2023-24 at 11.66%. This indicates a potential positive trend in the import market for balustrades and handrails 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 Balustrades & Handrails Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Balustrades & Handrails Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Balustrades & Handrails Market - Industry Life Cycle |
3.4 Grenada Balustrades & Handrails Market - Porter's Five Forces |
3.5 Grenada Balustrades & Handrails Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Grenada Balustrades & Handrails Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Grenada Balustrades & Handrails Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Balustrades & Handrails Market Trends |
6 Grenada Balustrades & Handrails Market Segmentations |
6.1 Grenada Balustrades & Handrails Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Balustrades & Handrails Market Revenues & Volume, By Alloy Metal, 2021-2031F |
6.1.3 Grenada Balustrades & Handrails Market Revenues & Volume, By High Polymer, 2021-2031F |
6.1.4 Grenada Balustrades & Handrails Market Revenues & Volume, By Wood, 2021-2031F |
6.2 Grenada Balustrades & Handrails Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Grenada Balustrades & Handrails Market Revenues & Volume, By Construction Industry, 2021-2031F |
6.2.3 Grenada Balustrades & Handrails Market Revenues & Volume, By Others, 2021-2031F |
7 Grenada Balustrades & Handrails Market Import-Export Trade Statistics |
7.1 Grenada Balustrades & Handrails Market Export to Major Countries |
7.2 Grenada Balustrades & Handrails Market Imports from Major Countries |
8 Grenada Balustrades & Handrails Market Key Performance Indicators |
9 Grenada Balustrades & Handrails Market - Opportunity Assessment |
9.1 Grenada Balustrades & Handrails Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Grenada Balustrades & Handrails Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Grenada Balustrades & Handrails Market - Competitive Landscape |
10.1 Grenada Balustrades & Handrails Market Revenue Share, By Companies, 2024 |
10.2 Grenada Balustrades & Handrails 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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