| Product Code: ETC7366296 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Grenada`s carpet backing materials import market showed strong growth in 2024, with top exporting countries being the USA, Panama, UK, Germany, and Japan. The market concentration, as measured by HHI, remained high, indicating significant dominance by key players. The impressive compound annual growth rate (CAGR) of 5.8% from 2020 to 2024 underlines the market`s expansion. Furthermore, the remarkable growth rate of 31.2% from 2023 to 2024 demonstrates the increasing demand for carpet backing materials in Grenada. This data highlights the lucrative opportunities for businesses operating in this sector.
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 Carpet Backing Materials Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Carpet Backing Materials Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Carpet Backing Materials Market - Industry Life Cycle |
3.4 Grenada Carpet Backing Materials Market - Porter's Five Forces |
3.5 Grenada Carpet Backing Materials Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Grenada Carpet Backing Materials Market Revenues & Volume Share, By Carpet Type, 2021 & 2031F |
3.7 Grenada Carpet Backing Materials Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Carpet Backing Materials Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for eco-friendly and sustainable carpet backing materials |
4.2.2 Growth in the construction industry, leading to higher demand for carpets |
4.2.3 Rising awareness about the benefits of high-quality carpet backing materials |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Intense competition from alternative flooring solutions |
4.3.3 Regulatory challenges related to environmental standards and certifications |
5 Grenada Carpet Backing Materials Market Trends |
6 Grenada Carpet Backing Materials Market, By Types |
6.1 Grenada Carpet Backing Materials Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Carpet Backing Materials Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Grenada Carpet Backing Materials Market Revenues & Volume, By Primary Backing, 2021- 2031F |
6.1.4 Grenada Carpet Backing Materials Market Revenues & Volume, By Secondary Backing, 2021- 2031F |
6.1.5 Grenada Carpet Backing Materials Market Revenues & Volume, By Bonding Agents, 2021- 2031F |
6.2 Grenada Carpet Backing Materials Market, By Carpet Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Carpet Backing Materials Market Revenues & Volume, By Hand Woven Carpets, 2021- 2031F |
6.2.3 Grenada Carpet Backing Materials Market Revenues & Volume, By Tufted Carpets, 2021- 2031F |
6.2.4 Grenada Carpet Backing Materials Market Revenues & Volume, By Needle Felt Carpets, 2021- 2031F |
6.2.5 Grenada Carpet Backing Materials Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Grenada Carpet Backing Materials Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Carpet Backing Materials Market Revenues & Volume, By Residential, 2021- 2031F |
6.3.3 Grenada Carpet Backing Materials Market Revenues & Volume, By Commercial, 2021- 2031F |
6.3.4 Grenada Carpet Backing Materials Market Revenues & Volume, By Hotels, 2021- 2031F |
6.3.5 Grenada Carpet Backing Materials Market Revenues & Volume, By Playgroups and Schools, 2021- 2031F |
6.3.6 Grenada Carpet Backing Materials Market Revenues & Volume, By Others, 2021- 2031F |
7 Grenada Carpet Backing Materials Market Import-Export Trade Statistics |
7.1 Grenada Carpet Backing Materials Market Export to Major Countries |
7.2 Grenada Carpet Backing Materials Market Imports from Major Countries |
8 Grenada Carpet Backing Materials Market Key Performance Indicators |
8.1 Percentage of recycled materials used in carpet backing production |
8.2 Rate of adoption of innovative carpet backing technologies |
8.3 Customer satisfaction and retention rates for grenada carpet backing materials. |
9 Grenada Carpet Backing Materials Market - Opportunity Assessment |
9.1 Grenada Carpet Backing Materials Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Grenada Carpet Backing Materials Market Opportunity Assessment, By Carpet Type, 2021 & 2031F |
9.3 Grenada Carpet Backing Materials Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Carpet Backing Materials Market - Competitive Landscape |
10.1 Grenada Carpet Backing Materials Market Revenue Share, By Companies, 2024 |
10.2 Grenada Carpet Backing 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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