| Product Code: ETC5085427 | 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 |
Despite a decline in the CAGR and growth rate from 2020 to 2024, Grenada`s commercial vehicles import market continued to see a high concentration with top exporters being Japan, China, Thailand, India, and other unspecified areas. The high Herfindahl-Hirschman Index (HHI) suggests limited competition in the market. It will be crucial for stakeholders to closely monitor these trends and explore strategies to stimulate growth and diversify import sources for a more resilient market landscape.
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 Commercial vehicles Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Commercial vehicles Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Commercial vehicles Market - Industry Life Cycle |
3.4 Grenada Commercial vehicles Market - Porter's Five Forces |
3.5 Grenada Commercial vehicles Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Grenada Commercial vehicles Market Revenues & Volume Share, By End-Users, 2021 & 2031F |
4 Grenada Commercial vehicles Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing infrastructure development projects in Grenada leading to higher demand for commercial vehicles |
4.2.2 Growing tourism industry in Grenada requiring transportation services and boosting the commercial vehicles market |
4.2.3 Government initiatives to improve public transportation services driving the demand for commercial vehicles |
4.3 Market Restraints |
4.3.1 High import duties and taxes on commercial vehicles impacting affordability and hindering market growth |
4.3.2 Limited availability of financing options for commercial vehicle purchases restricting market expansion |
5 Grenada Commercial vehicles Market Trends |
6 Grenada Commercial vehicles Market Segmentations |
6.1 Grenada Commercial vehicles Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Grenada Commercial vehicles Market Revenues & Volume, By Light Commercial Vehicles (LCVs), 2021-2031F |
6.1.3 Grenada Commercial vehicles Market Revenues & Volume, By Heavy Trucks, 2021-2031F |
6.1.4 Grenada Commercial vehicles Market Revenues & Volume, By Buses & Coaches, 2021-2031F |
6.2 Grenada Commercial vehicles Market, By End-Users |
6.2.1 Overview and Analysis |
6.2.2 Grenada Commercial vehicles Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.3 Grenada Commercial vehicles Market Revenues & Volume, By Mining & Construction, 2021-2031F |
6.2.4 Grenada Commercial vehicles Market Revenues & Volume, By Logistics, 2021-2031F |
6.2.5 Grenada Commercial vehicles Market Revenues & Volume, By Passenger Transportation, 2021-2031F |
6.2.6 Grenada Commercial vehicles Market Revenues & Volume, By Others, 2021-2031F |
7 Grenada Commercial vehicles Market Import-Export Trade Statistics |
7.1 Grenada Commercial vehicles Market Export to Major Countries |
7.2 Grenada Commercial vehicles Market Imports from Major Countries |
8 Grenada Commercial vehicles Market Key Performance Indicators |
8.1 Average age of commercial vehicles in Grenada |
8.2 Number of new commercial vehicle registrations in a year |
8.3 Average utilization rate of commercial vehicles in Grenada |
9 Grenada Commercial vehicles Market - Opportunity Assessment |
9.1 Grenada Commercial vehicles Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Grenada Commercial vehicles Market Opportunity Assessment, By End-Users, 2021 & 2031F |
10 Grenada Commercial vehicles Market - Competitive Landscape |
10.1 Grenada Commercial vehicles Market Revenue Share, By Companies, 2024 |
10.2 Grenada Commercial vehicles Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |