| Product Code: ETC5827947 | 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 continued to rely heavily on gypsum board imports, with the USA, Canada, Puerto Rico, Trinidad and Tobago, and Hong Kong being the top exporting countries. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) from 2020 to 2024 remained strong at 19.47%. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, suggesting that these top exporting countries hold significant market share in supplying gypsum board to Grenada. Monitoring market dynamics and exploring diversification strategies may be crucial for Grenada`s gypsum board import sector in the coming years.
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 Gypsum Board Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Gypsum Board Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Gypsum Board Market - Industry Life Cycle |
3.4 Grenada Gypsum Board Market - Porter's Five Forces |
3.5 Grenada Gypsum Board Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Grenada Gypsum Board Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Grenada Gypsum Board Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing construction industry in Grenada |
4.2.2 Increasing demand for sustainable and eco-friendly building materials |
4.2.3 Government initiatives promoting infrastructure development |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Competition from alternative building materials |
4.3.3 Economic instability affecting construction projects |
5 Grenada Gypsum Board Market Trends |
6 Grenada Gypsum Board Market Segmentations |
6.1 Grenada Gypsum Board Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Gypsum Board Market Revenues & Volume, By Wallboard, 2021-2031F |
6.1.3 Grenada Gypsum Board Market Revenues & Volume, By Ceiling Board, 2021-2031F |
6.1.4 Grenada Gypsum Board Market Revenues & Volume, By Pre-decorated Board, 2021-2031F |
6.1.5 Grenada Gypsum Board Market Revenues & Volume, By Others, 2021-2031F |
6.2 Grenada Gypsum Board Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Grenada Gypsum Board Market Revenues & Volume, By Pre-Engineered Metal Buildings, 2021-2031F |
6.2.3 Grenada Gypsum Board Market Revenues & Volume, By Residential, 2021-2031F |
6.2.4 Grenada Gypsum Board Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.5 Grenada Gypsum Board Market Revenues & Volume, By Commercial, 2021-2031F |
6.2.6 Grenada Gypsum Board Market Revenues & Volume, By Institutional, 2021-2031F |
7 Grenada Gypsum Board Market Import-Export Trade Statistics |
7.1 Grenada Gypsum Board Market Export to Major Countries |
7.2 Grenada Gypsum Board Market Imports from Major Countries |
8 Grenada Gypsum Board Market Key Performance Indicators |
8.1 Average selling price of gypsum boards |
8.2 Number of new construction projects using gypsum boards |
8.3 Adoption rate of gypsum boards in commercial and residential construction |
9 Grenada Gypsum Board Market - Opportunity Assessment |
9.1 Grenada Gypsum Board Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Grenada Gypsum Board Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Grenada Gypsum Board Market - Competitive Landscape |
10.1 Grenada Gypsum Board Market Revenue Share, By Companies, 2024 |
10.2 Grenada Gypsum Board 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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