| Product Code: ETC5743226 | 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 |
Grenada`s import shipments of geofoam in 2024 continued to be dominated by top exporting countries such as USA, Trinidad and Tobago, China, UAE, and Barbados. Despite a decrease in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the period 2020-2024 remained positive at 2.64%. The Herfindahl-Hirschman Index (HHI) indicated a high concentration of imports in 2023, which persisted in 2024. This suggests a relatively stable market landscape with key players maintaining their strong presence in supplying geofoam to 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 Geofoam Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Geofoam Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Geofoam Market - Industry Life Cycle |
3.4 Grenada Geofoam Market - Porter's Five Forces |
3.5 Grenada Geofoam Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Geofoam Market Revenues & Volume Share, By End-use, 2021 & 2031F |
3.7 Grenada Geofoam Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Geofoam Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing construction activities in Grenada |
4.2.2 Growing awareness about the benefits of geofoam in construction projects |
4.2.3 Government initiatives promoting sustainable building practices |
4.3 Market Restraints |
4.3.1 High initial cost of geofoam compared to traditional construction materials |
4.3.2 Limited availability of skilled labor for geofoam installation |
4.3.3 Lack of standardized regulations for geofoam usage in Grenada |
5 Grenada Geofoam Market Trends |
6 Grenada Geofoam Market Segmentations |
6.1 Grenada Geofoam Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Geofoam Market Revenues & Volume, By Expanded Polystyrene, 2021-2031F |
6.1.3 Grenada Geofoam Market Revenues & Volume, By Extruded Polystyrene, 2021-2031F |
6.2 Grenada Geofoam Market, By End-use |
6.2.1 Overview and Analysis |
6.2.2 Grenada Geofoam Market Revenues & Volume, By Road & Highway Construction, 2021-2031F |
6.2.3 Grenada Geofoam Market Revenues & Volume, By Building & Infrastructure, 2021-2031F |
6.2.4 Grenada Geofoam Market Revenues & Volume, By Airport Runway & Taxiways, 2021-2031F |
6.2.5 Grenada Geofoam Market Revenues & Volume, By Others, 2021-2031F |
6.3 Grenada Geofoam Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Geofoam Market Revenues & Volume, By Structure Foundation, 2021-2031F |
6.3.3 Grenada Geofoam Market Revenues & Volume, By Embankments, 2021-2031F |
6.3.4 Grenada Geofoam Market Revenues & Volume, By Slope Stabilization, 2021-2031F |
6.3.5 Grenada Geofoam Market Revenues & Volume, By Insulation, 2021-2031F |
6.3.6 Grenada Geofoam Market Revenues & Volume, By Retaining Structures, 2021-2031F |
6.3.7 Grenada Geofoam Market Revenues & Volume, By Others, 2021-2031F |
7 Grenada Geofoam Market Import-Export Trade Statistics |
7.1 Grenada Geofoam Market Export to Major Countries |
7.2 Grenada Geofoam Market Imports from Major Countries |
8 Grenada Geofoam Market Key Performance Indicators |
8.1 Number of construction permits issued in Grenada |
8.2 Adoption rate of geofoam in construction projects |
8.3 Investment in infrastructure development in Grenada |
9 Grenada Geofoam Market - Opportunity Assessment |
9.1 Grenada Geofoam Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Geofoam Market Opportunity Assessment, By End-use, 2021 & 2031F |
9.3 Grenada Geofoam Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Geofoam Market - Competitive Landscape |
10.1 Grenada Geofoam Market Revenue Share, By Companies, 2024 |
10.2 Grenada Geofoam 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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