| Product Code: ETC5260322 | 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 |
In 2024, Grenada saw a significant increase in construction plastics import shipments, with top exporting countries being the USA, Canada, China, Hong Kong, and Trinidad and Tobago. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The impressive compound annual growth rate (CAGR) of 101.27% from 2020 to 2024 underscores the rapid expansion of the market. Furthermore, the robust growth rate of 94.08% from 2023 to 2024 suggests continued momentum and opportunities for further development in the construction plastics sector 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 Construction Plastics Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Construction Plastics Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Construction Plastics Market - Industry Life Cycle |
3.4 Grenada Construction Plastics Market - Porter's Five Forces |
3.5 Grenada Construction Plastics Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Construction Plastics Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Construction Plastics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in construction activities in Grenada |
4.2.2 Increasing demand for durable, lightweight, and cost-effective construction materials |
4.2.3 Government initiatives promoting the use of sustainable building materials |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Lack of skilled labor for installation and maintenance of construction plastics |
4.3.3 Competition from alternative construction materials |
5 Grenada Construction Plastics Market Trends |
6 Grenada Construction Plastics Market Segmentations |
6.1 Grenada Construction Plastics Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Construction Plastics Market Revenues & Volume, By Pvc, 2021-2031F |
6.1.3 Grenada Construction Plastics Market Revenues & Volume, By Polyurethane, 2021-2031F |
6.1.4 Grenada Construction Plastics Market Revenues & Volume, By Polypropylene, 2021-2031F |
6.1.5 Grenada Construction Plastics Market Revenues & Volume, By Polyethylene, 2021-2031F |
6.2 Grenada Construction Plastics Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Construction Plastics Market Revenues & Volume, By Window, 2021-2031F |
6.2.3 Grenada Construction Plastics Market Revenues & Volume, By Roofing, 2021-2031F |
6.2.4 Grenada Construction Plastics Market Revenues & Volume, By Flooring, 2021-2031F |
6.2.5 Grenada Construction Plastics Market Revenues & Volume, By Insulation, 2021-2031F |
6.2.6 Grenada Construction Plastics Market Revenues & Volume, By Piping, 2021-2031F |
7 Grenada Construction Plastics Market Import-Export Trade Statistics |
7.1 Grenada Construction Plastics Market Export to Major Countries |
7.2 Grenada Construction Plastics Market Imports from Major Countries |
8 Grenada Construction Plastics Market Key Performance Indicators |
8.1 Number of new construction projects in Grenada utilizing construction plastics |
8.2 Adoption rate of construction plastics in Grenada's construction industry |
8.3 Percentage increase in demand for construction plastics compared to traditional materials |
9 Grenada Construction Plastics Market - Opportunity Assessment |
9.1 Grenada Construction Plastics Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Construction Plastics Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Construction Plastics Market - Competitive Landscape |
10.1 Grenada Construction Plastics Market Revenue Share, By Companies, 2024 |
10.2 Grenada Construction Plastics 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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