| Product Code: ETC7366492 | 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 |
In 2024, Grenada`s cement board import market continued to be dominated by a few key exporters, with Trinidad and Tobago, Saint Vincent and the Grenadines, and the USA leading the way. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. However, the market experienced a significant decline with a negative Compound Annual Growth Rate (CAGR) of -10.63% from 2020 to 2024, and a sharp decrease in the growth rate from 2023 to 2024 at -25.27%. This data suggests a challenging environment for cement board 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 Cement Board Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Cement Board Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Cement Board Market - Industry Life Cycle |
3.4 Grenada Cement Board Market - Porter's Five Forces |
3.5 Grenada Cement Board Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Grenada Cement Board Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Cement Board Market Revenues & Volume Share, By End-user Industry, 2021 & 2031F |
4 Grenada Cement Board Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for sustainable and eco-friendly construction materials |
4.2.2 Growth in the construction industry due to urbanization and infrastructure development projects |
4.2.3 Rising awareness about the benefits of using cement boards over traditional building materials |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Intense competition from other building materials in the market |
4.3.3 Regulatory challenges related to environmental standards and building codes |
5 Grenada Cement Board Market Trends |
6 Grenada Cement Board Market, By Types |
6.1 Grenada Cement Board Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Cement Board Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Grenada Cement Board Market Revenues & Volume, By Fiber Cement Board (FCB), 2021- 2031F |
6.1.4 Grenada Cement Board Market Revenues & Volume, By Wood Wool Cement Board (WWCB), 2021- 2031F |
6.1.5 Grenada Cement Board Market Revenues & Volume, By Wood Strand Cement Board (WSCB), 2021- 2031F |
6.1.6 Grenada Cement Board Market Revenues & Volume, By Cement Bonded Particle Board (CBPB), 2021- 2031F |
6.2 Grenada Cement Board Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Cement Board Market Revenues & Volume, By Flooring, 2021- 2031F |
6.2.3 Grenada Cement Board Market Revenues & Volume, By Exterior and Partition Walls, 2021- 2031F |
6.2.4 Grenada Cement Board Market Revenues & Volume, By Roofing, 2021- 2031F |
6.2.5 Grenada Cement Board Market Revenues & Volume, By Columns and Beams, 2021- 2031F |
6.2.6 Grenada Cement Board Market Revenues & Volume, By Facades, Weatherboard, and Cladding, 2021- 2031F |
6.2.7 Grenada Cement Board Market Revenues & Volume, By Acoustic and Thermal Insulation, 2021- 2031F |
6.3 Grenada Cement Board Market, By End-user Industry |
6.3.1 Overview and Analysis |
6.3.2 Grenada Cement Board Market Revenues & Volume, By Residential, 2021- 2031F |
6.3.3 Grenada Cement Board Market Revenues & Volume, By Commercial, 2021- 2031F |
6.3.4 Grenada Cement Board Market Revenues & Volume, By Industrial and Institutional, 2021- 2031F |
7 Grenada Cement Board Market Import-Export Trade Statistics |
7.1 Grenada Cement Board Market Export to Major Countries |
7.2 Grenada Cement Board Market Imports from Major Countries |
8 Grenada Cement Board Market Key Performance Indicators |
8.1 Adoption rate of green building certifications by construction projects using cement boards |
8.2 Percentage increase in the number of residential and commercial construction permits issued |
8.3 Average lifespan of structures built using cement boards compared to traditional materials |
9 Grenada Cement Board Market - Opportunity Assessment |
9.1 Grenada Cement Board Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Grenada Cement Board Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Cement Board Market Opportunity Assessment, By End-user Industry, 2021 & 2031F |
10 Grenada Cement Board Market - Competitive Landscape |
10.1 Grenada Cement Board Market Revenue Share, By Companies, 2024 |
10.2 Grenada Cement Board 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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