| Product Code: ETC5518855 | 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 |
Grenada`s import shipments of caster wheels in 2024 were primarily sourced from the USA, Trinidad and Tobago, Puerto Rico, Canada, and other miscellaneous areas. The market exhibited a very high Herfindahl-Hirschman Index (HHI) concentration, indicating limited competition among suppliers. The industry experienced significant growth with a Compound Annual Growth Rate (CAGR) of 17.06% from 2020 to 2024. Notably, the growth rate surged by 56.35% from 2023 to 2024, highlighting a rapidly expanding market for caster wheels in Grenada.
Grenada's Caster Wheels market is anticipated to experience a stable growth rate of 0.43% by 2027, reflecting trends observed in the largest economy United States of America, followed by Canada, Trinidad and Tobago, Jamaica and Bahamas.

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 Caster Wheels Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Caster Wheels Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Caster Wheels Market - Industry Life Cycle |
3.4 Grenada Caster Wheels Market - Porter's Five Forces |
3.5 Grenada Caster Wheels Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Caster Wheels Market Revenues & Volume Share, By Weight, 2021 & 2031F |
3.7 Grenada Caster Wheels Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.8 Grenada Caster Wheels Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Grenada Caster Wheels Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for efficient material handling solutions in various industries |
4.2.2 Growing adoption of automation and robotics in manufacturing processes |
4.2.3 Rising focus on workplace ergonomics and safety standards |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices affecting production costs |
4.3.2 Intense competition from local and international caster wheel manufacturers |
4.3.3 Challenges in maintaining quality standards and product durability |
5 Grenada Caster Wheels Market Trends |
6 Grenada Caster Wheels Market Segmentations |
6.1 Grenada Caster Wheels Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Caster Wheels Market Revenues & Volume, By Rigid, 2021-2031F |
6.1.3 Grenada Caster Wheels Market Revenues & Volume, By Swivel, 2021-2031F |
6.1.4 Grenada Caster Wheels Market Revenues & Volume, By Industrial, 2021-2031F |
6.1.5 Grenada Caster Wheels Market Revenues & Volume, By Braking and Locking, 2021-2031F |
6.2 Grenada Caster Wheels Market, By Weight |
6.2.1 Overview and Analysis |
6.2.2 Grenada Caster Wheels Market Revenues & Volume, By Light Duty, 2021-2031F |
6.2.3 Grenada Caster Wheels Market Revenues & Volume, By Medium Duty, 2021-2031F |
6.2.4 Grenada Caster Wheels Market Revenues & Volume, By Heavy Duty, 2021-2031F |
6.3 Grenada Caster Wheels Market, By Material |
6.3.1 Overview and Analysis |
6.3.2 Grenada Caster Wheels Market Revenues & Volume, By Forged Steel, 2021-2031F |
6.3.3 Grenada Caster Wheels Market Revenues & Volume, By Cast Iron, 2021-2031F |
6.3.4 Grenada Caster Wheels Market Revenues & Volume, By Ductile Iron, 2021-2031F |
6.3.5 Grenada Caster Wheels Market Revenues & Volume, By Polyurethane, 2021-2031F |
6.3.6 Grenada Caster Wheels Market Revenues & Volume, By Mold on Rubber, 2021-2031F |
6.3.7 Grenada Caster Wheels Market Revenues & Volume, By Phenolic Resin, 2021-2031F |
6.4 Grenada Caster Wheels Market, By End-User |
6.4.1 Overview and Analysis |
6.4.2 Grenada Caster Wheels Market Revenues & Volume, By Automotive, 2021-2031F |
6.4.3 Grenada Caster Wheels Market Revenues & Volume, By Aerospace, 2021-2031F |
6.4.4 Grenada Caster Wheels Market Revenues & Volume, By Food Industry, 2021-2031F |
6.4.5 Grenada Caster Wheels Market Revenues & Volume, By Medical, 2021-2031F |
6.4.6 Grenada Caster Wheels Market Revenues & Volume, By Textile Industry, 2021-2031F |
6.4.7 Grenada Caster Wheels Market Revenues & Volume, By Agricultural Machines, 2021-2031F |
7 Grenada Caster Wheels Market Import-Export Trade Statistics |
7.1 Grenada Caster Wheels Market Export to Major Countries |
7.2 Grenada Caster Wheels Market Imports from Major Countries |
8 Grenada Caster Wheels Market Key Performance Indicators |
8.1 Average order value per customer |
8.2 Customer satisfaction score related to product quality and durability |
8.3 Rate of new product development and innovation |
8.4 Number of strategic partnerships and collaborations established |
8.5 Percentage of market segments penetrated with caster wheel solutions |
9 Grenada Caster Wheels Market - Opportunity Assessment |
9.1 Grenada Caster Wheels Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Caster Wheels Market Opportunity Assessment, By Weight, 2021 & 2031F |
9.3 Grenada Caster Wheels Market Opportunity Assessment, By Material, 2021 & 2031F |
9.4 Grenada Caster Wheels Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Grenada Caster Wheels Market - Competitive Landscape |
10.1 Grenada Caster Wheels Market Revenue Share, By Companies, 2024 |
10.2 Grenada Caster Wheels Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
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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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