| Product Code: ETC7367597 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Grenada continued to rely on imports from the USA, Trinidad and Tobago, China, Taiwan, and the UK for its construction and manufacturing needs. The market showed a high concentration level, indicating limited diversification among trading partners. Despite a slight improvement from the previous year, the negative Compound Annual Growth Rate (CAGR) of -9.81% reflects ongoing challenges in the sector. The marginal decrease in the growth rate from 2023 to 2024 highlights the persistent struggle for recovery and expansion in the industry.
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 Construction & Manufacturing Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Construction & Manufacturing Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Construction & Manufacturing Market - Industry Life Cycle |
3.4 Grenada Construction & Manufacturing Market - Porter's Five Forces |
3.5 Grenada Construction & Manufacturing Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Grenada Construction & Manufacturing Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in infrastructure projects in Grenada |
4.2.2 Increasing government investments in construction and manufacturing sectors |
4.2.3 Rise in demand for sustainable and eco-friendly construction materials |
4.2.4 Technological advancements leading to efficiency and innovation in construction and manufacturing processes |
4.3 Market Restraints |
4.3.1 Limited skilled labor force in Grenada |
4.3.2 Fluctuating raw material prices impacting construction and manufacturing costs |
4.3.3 Regulatory challenges and compliance requirements affecting market operations |
4.3.4 Economic instability and currency fluctuations impacting investment decisions |
5 Grenada Construction & Manufacturing Market Trends |
6 Grenada Construction & Manufacturing Market, By Types |
6.1 Grenada Construction & Manufacturing Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Construction & Manufacturing Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Construction & Manufacturing Market Revenues & Volume, By Construction Industry, 2021- 2031F |
6.1.4 Grenada Construction & Manufacturing Market Revenues & Volume, By Manufacturing Industry, 2021- 2031F |
7 Grenada Construction & Manufacturing Market Import-Export Trade Statistics |
7.1 Grenada Construction & Manufacturing Market Export to Major Countries |
7.2 Grenada Construction & Manufacturing Market Imports from Major Countries |
8 Grenada Construction & Manufacturing Market Key Performance Indicators |
8.1 Percentage increase in green construction projects in Grenada |
8.2 Adoption rate of advanced manufacturing technologies in the market |
8.3 Average project completion time for construction projects |
8.5 Percentage of projects in compliance with environmental regulations |
9 Grenada Construction & Manufacturing Market - Opportunity Assessment |
9.1 Grenada Construction & Manufacturing Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Grenada Construction & Manufacturing Market - Competitive Landscape |
10.1 Grenada Construction & Manufacturing Market Revenue Share, By Companies, 2024 |
10.2 Grenada Construction & Manufacturing 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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