| Product Code: ETC11838502 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
Grenada`s electric power tools import market continued to thrive in 2024, with the top exporting countries being the USA, Trinidad and Tobago, UK, Germany, and Lebanon. The High Herfindahl-Hirschman Index (HHI) indicates a very high concentration in the market, suggesting strong competition among the major players. The impressive Compound Annual Growth Rate (CAGR) of 16.2% from 2020 to 2024 demonstrates sustained growth and market demand. Moreover, the growth rate of 14.82% from 2023 to 2024 further highlights the increasing popularity and utilization of electric power tools 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 Electric Power Tools Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Electric Power Tools Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Electric Power Tools Market - Industry Life Cycle |
3.4 Grenada Electric Power Tools Market - Porter's Five Forces |
3.5 Grenada Electric Power Tools Market Revenues & Volume Share, By Tool Type, 2021 & 2031F |
3.6 Grenada Electric Power Tools Market Revenues & Volume Share, By Power Source, 2021 & 2031F |
3.7 Grenada Electric Power Tools Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Grenada Electric Power Tools Market Revenues & Volume Share, By Features, 2021 & 2031F |
3.9 Grenada Electric Power Tools Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Grenada Electric Power Tools Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Electric Power Tools Market Trends |
6 Grenada Electric Power Tools Market, By Types |
6.1 Grenada Electric Power Tools Market, By Tool Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Electric Power Tools Market Revenues & Volume, By Tool Type, 2021 - 2031F |
6.1.3 Grenada Electric Power Tools Market Revenues & Volume, By Drills, 2021 - 2031F |
6.1.4 Grenada Electric Power Tools Market Revenues & Volume, By Saws, 2021 - 2031F |
6.1.5 Grenada Electric Power Tools Market Revenues & Volume, By Grinders, 2021 - 2031F |
6.1.6 Grenada Electric Power Tools Market Revenues & Volume, By Sanders, 2021 - 2031F |
6.2 Grenada Electric Power Tools Market, By Power Source |
6.2.1 Overview and Analysis |
6.2.2 Grenada Electric Power Tools Market Revenues & Volume, By Corded, 2021 - 2031F |
6.2.3 Grenada Electric Power Tools Market Revenues & Volume, By Cordless, 2021 - 2031F |
6.2.4 Grenada Electric Power Tools Market Revenues & Volume, By Battery-Operated, 2021 - 2031F |
6.2.5 Grenada Electric Power Tools Market Revenues & Volume, By Hybrid, 2021 - 2031F |
6.3 Grenada Electric Power Tools Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Electric Power Tools Market Revenues & Volume, By Construction, 2021 - 2031F |
6.3.3 Grenada Electric Power Tools Market Revenues & Volume, By Metalworking, 2021 - 2031F |
6.3.4 Grenada Electric Power Tools Market Revenues & Volume, By Woodworking, 2021 - 2031F |
6.3.5 Grenada Electric Power Tools Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.4 Grenada Electric Power Tools Market, By Features |
6.4.1 Overview and Analysis |
6.4.2 Grenada Electric Power Tools Market Revenues & Volume, By Variable Speed Control, 2021 - 2031F |
6.4.3 Grenada Electric Power Tools Market Revenues & Volume, By Dust Extraction, 2021 - 2031F |
6.4.4 Grenada Electric Power Tools Market Revenues & Volume, By Safety Lock, 2021 - 2031F |
6.4.5 Grenada Electric Power Tools Market Revenues & Volume, By Low Vibration, 2021 - 2031F |
6.5 Grenada Electric Power Tools Market, By End User |
6.5.1 Overview and Analysis |
6.5.2 Grenada Electric Power Tools Market Revenues & Volume, By DIY Enthusiasts, 2021 - 2031F |
6.5.3 Grenada Electric Power Tools Market Revenues & Volume, By Contractors, 2021 - 2031F |
6.5.4 Grenada Electric Power Tools Market Revenues & Volume, By Industrial Workers, 2021 - 2031F |
6.5.5 Grenada Electric Power Tools Market Revenues & Volume, By Furniture Makers, 2021 - 2031F |
7 Grenada Electric Power Tools Market Import-Export Trade Statistics |
7.1 Grenada Electric Power Tools Market Export to Major Countries |
7.2 Grenada Electric Power Tools Market Imports from Major Countries |
8 Grenada Electric Power Tools Market Key Performance Indicators |
9 Grenada Electric Power Tools Market - Opportunity Assessment |
9.1 Grenada Electric Power Tools Market Opportunity Assessment, By Tool Type, 2021 & 2031F |
9.2 Grenada Electric Power Tools Market Opportunity Assessment, By Power Source, 2021 & 2031F |
9.3 Grenada Electric Power Tools Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Grenada Electric Power Tools Market Opportunity Assessment, By Features, 2021 & 2031F |
9.5 Grenada Electric Power Tools Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Grenada Electric Power Tools Market - Competitive Landscape |
10.1 Grenada Electric Power Tools Market Revenue Share, By Companies, 2024 |
10.2 Grenada Electric Power Tools 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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