| Product Code: ETC5183847 | 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 |
Grenada continues to rely on key importing countries such as the USA, Trinidad and Tobago, UK, Germany, and Lebanon for its fastening power tools in 2024. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive compound annual growth rate (CAGR) of 16.2% from 2020 to 2024 demonstrates a strong upward trajectory. With a growth rate of 14.82% in 2024 alone, the demand for fastening power tools in Grenada is clearly on the rise, presenting lucrative opportunities for both local businesses and international suppliers.
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 Fastening Power Tools Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Fastening Power Tools Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Fastening Power Tools Market - Industry Life Cycle |
3.4 Grenada Fastening Power Tools Market - Porter's Five Forces |
3.5 Grenada Fastening Power Tools Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Grenada Fastening Power Tools Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Grenada Fastening Power Tools Market Revenues & Volume Share, By Mode of Sales, 2021 & 2031F |
3.8 Grenada Fastening Power Tools Market Revenues & Volume Share, By End-use Application, 2021 & 2031F |
4 Grenada Fastening Power Tools Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for efficient and reliable fastening solutions in construction and manufacturing industries in Grenada |
4.2.2 Technological advancements leading to the development of innovative and high-performance power tools |
4.2.3 Growing focus on infrastructure development projects in Grenada driving the need for fastening power tools |
4.3 Market Restraints |
4.3.1 High initial cost of acquiring fastening power tools impacting adoption rates |
4.3.2 Limited awareness and knowledge about the benefits and applications of advanced fastening power tools in Grenada |
4.3.3 Lack of skilled workforce proficient in operating and maintaining power tools |
5 Grenada Fastening Power Tools Market Trends |
6 Grenada Fastening Power Tools Market Segmentations |
6.1 Grenada Fastening Power Tools Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Fastening Power Tools Market Revenues & Volume, By Rebar Tier, 2021-2031F |
6.1.3 Grenada Fastening Power Tools Market Revenues & Volume, By Corrugated Fasteners, 2021-2031F |
6.1.4 Grenada Fastening Power Tools Market Revenues & Volume, By Nailer Machine, 2021-2031F |
6.1.5 Grenada Fastening Power Tools Market Revenues & Volume, By Screw System, 2021-2031F |
6.1.6 Grenada Fastening Power Tools Market Revenues & Volume, By Hog Ring tool, 2021-2031F |
6.1.7 Grenada Fastening Power Tools Market Revenues & Volume, By Stapler, 2021-2031F |
6.2 Grenada Fastening Power Tools Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Grenada Fastening Power Tools Market Revenues & Volume, By Electric, 2021-2031F |
6.2.3 Grenada Fastening Power Tools Market Revenues & Volume, By Corded, 2021-2031F |
6.2.4 Grenada Fastening Power Tools Market Revenues & Volume, By NiCd Cordless, 2021-2031F |
6.2.5 Grenada Fastening Power Tools Market Revenues & Volume, By NiMH Cordless, 2021-2031F |
6.2.6 Grenada Fastening Power Tools Market Revenues & Volume, By Li-on Cordless, 2021-2031F |
6.2.7 Grenada Fastening Power Tools Market Revenues & Volume, By Pneumatic, 2021-2031F |
6.3 Grenada Fastening Power Tools Market, By Mode of Sales |
6.3.1 Overview and Analysis |
6.3.2 Grenada Fastening Power Tools Market Revenues & Volume, By Retailers, 2021-2031F |
6.3.3 Grenada Fastening Power Tools Market Revenues & Volume, By Distributors, 2021-2031F |
6.3.4 Grenada Fastening Power Tools Market Revenues & Volume, By Online, 2021-2031F |
6.4 Grenada Fastening Power Tools Market, By End-use Application |
6.4.1 Overview and Analysis |
6.4.2 Grenada Fastening Power Tools Market Revenues & Volume, By Industrial, 2021-2031F |
6.4.3 Grenada Fastening Power Tools Market Revenues & Volume, By Construction, 2021-2031F |
6.4.4 Grenada Fastening Power Tools Market Revenues & Volume, By Woodworking & Framing, 2021-2031F |
6.4.5 Grenada Fastening Power Tools Market Revenues & Volume, By Household & DIY, 2021-2031F |
6.4.6 Grenada Fastening Power Tools Market Revenues & Volume, By Others, 2021-2031F |
7 Grenada Fastening Power Tools Market Import-Export Trade Statistics |
7.1 Grenada Fastening Power Tools Market Export to Major Countries |
7.2 Grenada Fastening Power Tools Market Imports from Major Countries |
8 Grenada Fastening Power Tools Market Key Performance Indicators |
8.1 Percentage increase in the adoption rate of fastening power tools in Grenada |
8.2 Number of new product launches and technological innovations in the fastening power tools market |
8.3 Growth in the number of training programs and workshops conducted to educate users on the benefits and applications of fastening power tools |
9 Grenada Fastening Power Tools Market - Opportunity Assessment |
9.1 Grenada Fastening Power Tools Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Grenada Fastening Power Tools Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Grenada Fastening Power Tools Market Opportunity Assessment, By Mode of Sales, 2021 & 2031F |
9.4 Grenada Fastening Power Tools Market Opportunity Assessment, By End-use Application, 2021 & 2031F |
10 Grenada Fastening Power Tools Market - Competitive Landscape |
10.1 Grenada Fastening Power Tools Market Revenue Share, By Companies, 2024 |
10.2 Grenada Fastening 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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