| Product Code: ETC5097530 | 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 |
In 2024, Grenada continued to heavily rely on imports of green building materials, with top exporting countries being Canada, Trinidad and Tobago, Lebanon, USA, and China. Despite a high concentration with a high Herfindahl-Hirschman Index (HHI), the market experienced a declining trend with a negative Compound Annual Growth Rate (CAGR) of -5.74% from 2020 to 2024. The growth rate in 2024 plummeted even further by -50.71% compared to the previous year, indicating a challenging environment for green building material imports 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 Green Building Materials Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Green Building Materials Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Green Building Materials Market - Industry Life Cycle |
3.4 Grenada Green Building Materials Market - Porter's Five Forces |
3.5 Grenada Green Building Materials Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Green Building Materials Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 Grenada Green Building Materials Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness and adoption of sustainable construction practices in Grenada |
4.2.2 Government regulations and incentives promoting the use of green building materials |
4.2.3 Growing demand for energy-efficient and eco-friendly buildings in the region |
4.3 Market Restraints |
4.3.1 High initial cost of green building materials compared to traditional materials |
4.3.2 Limited availability of locally sourced green building materials in Grenada |
4.3.3 Lack of specialized skills and knowledge in the construction industry for working with green materials |
5 Grenada Green Building Materials Market Trends |
6 Grenada Green Building Materials Market Segmentations |
6.1 Grenada Green Building Materials Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Green Building Materials Market Revenues & Volume, By Wood, 2021-2031F |
6.1.3 Grenada Green Building Materials Market Revenues & Volume, By Recycled Plastic, 2021-2031F |
6.1.4 Grenada Green Building Materials Market Revenues & Volume, By Bamboo, 2021-2031F |
6.1.5 Grenada Green Building Materials Market Revenues & Volume, By Bales, 2021-2031F |
6.1.6 Grenada Green Building Materials Market Revenues & Volume, By Ferrock, 2021-2031F |
6.1.7 Grenada Green Building Materials Market Revenues & Volume, By Others, 2021-2031F |
6.2 Grenada Green Building Materials Market, By End-Use |
6.2.1 Overview and Analysis |
6.2.2 Grenada Green Building Materials Market Revenues & Volume, By Residential Buildings, 2021-2031F |
6.2.3 Grenada Green Building Materials Market Revenues & Volume, By Commercial & Offices, 2021-2031F |
6.2.4 Grenada Green Building Materials Market Revenues & Volume, By Institutional, 2021-2031F |
6.2.5 Grenada Green Building Materials Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.6 Grenada Green Building Materials Market Revenues & Volume, By Hospitality & Leisure, 2021-2031F |
6.2.7 Grenada Green Building Materials Market Revenues & Volume, By Others, 2021-2031F |
7 Grenada Green Building Materials Market Import-Export Trade Statistics |
7.1 Grenada Green Building Materials Market Export to Major Countries |
7.2 Grenada Green Building Materials Market Imports from Major Countries |
8 Grenada Green Building Materials Market Key Performance Indicators |
8.1 Percentage increase in the number of green building projects in Grenada |
8.2 Adoption rate of green building certification programs by construction companies |
8.3 Percentage reduction in carbon footprint achieved through the use of green building materials |
9 Grenada Green Building Materials Market - Opportunity Assessment |
9.1 Grenada Green Building Materials Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Green Building Materials Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 Grenada Green Building Materials Market - Competitive Landscape |
10.1 Grenada Green Building Materials Market Revenue Share, By Companies, 2024 |
10.2 Grenada Green Building Materials 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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