| Product Code: ETC12056230 | 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, Grenada continued to see a steady increase in building materials import shipments, with key exporting countries including Trinidad and Tobago, India, Canada, USA, and China. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market structure. With a compound annual growth rate (CAGR) of 7.5% from 2020 to 2024 and a growth rate of 7.9% in 2023-24, the building materials market in Grenada is showing resilience and potential for further expansion. This data suggests a strong demand for construction materials and ongoing development projects in the country.
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 Building Materials Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Building Materials Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Building Materials Market - Industry Life Cycle |
3.4 Grenada Building Materials Market - Porter's Five Forces |
3.5 Grenada Building Materials Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.6 Grenada Building Materials Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Building Materials Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Grenada Building Materials Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Building Materials Market Trends |
6 Grenada Building Materials Market, By Types |
6.1 Grenada Building Materials Market, By Material Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Building Materials Market Revenues & Volume, By Material Type, 2021 - 2031F |
6.1.3 Grenada Building Materials Market Revenues & Volume, By Cement & Concrete, 2021 - 2031F |
6.1.4 Grenada Building Materials Market Revenues & Volume, By Steel & Metal, 2021 - 2031F |
6.1.5 Grenada Building Materials Market Revenues & Volume, By Wood & Composite, 2021 - 2031F |
6.1.6 Grenada Building Materials Market Revenues & Volume, By Glass & Ceramics, 2021 - 2031F |
6.2 Grenada Building Materials Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Building Materials Market Revenues & Volume, By Structural Construction, 2021 - 2031F |
6.2.3 Grenada Building Materials Market Revenues & Volume, By Reinforcement & Framework, 2021 - 2031F |
6.2.4 Grenada Building Materials Market Revenues & Volume, By Interior & Exterior Finishes, 2021 - 2031F |
6.2.5 Grenada Building Materials Market Revenues & Volume, By Windows & Facades, 2021 - 2031F |
6.3 Grenada Building Materials Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Grenada Building Materials Market Revenues & Volume, By Residential & Commercial, 2021 - 2031F |
6.3.3 Grenada Building Materials Market Revenues & Volume, By Infrastructure Projects, 2021 - 2031F |
6.3.4 Grenada Building Materials Market Revenues & Volume, By Real Estate Developers, 2021 - 2031F |
6.3.5 Grenada Building Materials Market Revenues & Volume, By Architectural Firms, 2021 - 2031F |
7 Grenada Building Materials Market Import-Export Trade Statistics |
7.1 Grenada Building Materials Market Export to Major Countries |
7.2 Grenada Building Materials Market Imports from Major Countries |
8 Grenada Building Materials Market Key Performance Indicators |
9 Grenada Building Materials Market - Opportunity Assessment |
9.1 Grenada Building Materials Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.2 Grenada Building Materials Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Building Materials Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Grenada Building Materials Market - Competitive Landscape |
10.1 Grenada Building Materials Market Revenue Share, By Companies, 2024 |
10.2 Grenada Building Materials 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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