Grenada Hand Trolley Market (2025-2031) | Forecast, Segmentation, Outlook, Industry, Revenue, Trends, Value, Size, Analysis, Growth, Share & Companies

Market Forecast By Type (Steel Hand Trolley, Aluminum Hand Trolley), By Application (Offline Sales, Online Sales) And Competitive Landscape
Product Code: ETC5188103 Publication Date: Nov 2023 Updated Date: Oct 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Bhawna Singh No. of Pages: 60 No. of Figures: 30 No. of Tables: 5

Grenada Hand Trolley Market Top 5 Importing Countries and Market Competition (HHI) Analysis

In 2024, Grenada saw a significant influx of hand trolley imports, with top exporting countries being the USA, Saint Lucia, China, Trinidad and Tobago, and Sint Maarten. Despite a high Herfindahl-Hirschman Index (HHI) indicating market concentration, the compound annual growth rate (CAGR) from 2020-24 stood at a steady 2.62%. However, there was a notable decline in growth rate from 2023-24 at -17.43%, suggesting a potential shift in market dynamics. Monitoring these trends closely will be crucial for businesses operating in the hand trolley import sector in Grenada.

Grenada Hand Trolley Market Overview

Hand trolleys are used to move goods, especially in industrial, retail, and transport sectors. In Grenada, the hand trolley market caters to businesses and individuals who need efficient solutions for transporting heavy or bulky items. These trolleys are essential in both commercial and domestic settings.

Drivers of the market

The Grenada hand trolley market benefits from the rising demand for material handling equipment in various industries, including logistics, retail, and construction. Hand trolleys provide an efficient solution for transporting goods, reducing labor costs and improving productivity. The growing industrialization in Grenada and the need for easier movement of goods in urban areas contribute to the market`s growth.

Challenges of the market

The Grenada hand trolley market faces challenges due to competition from low-cost, imported alternatives, which often dominate the market. Local manufacturers struggle to compete with these products on price, making it difficult to gain a significant share of the market. Additionally, the demand for hand trolleys is closely linked to the local construction, logistics, and retail industries, which are relatively small in Grenada. The market also faces logistical challenges, as hand trolleys are bulky items that require significant storage and transportation infrastructure.

Government Policy of the market

The hand trolley market in Grenada is influenced by the growing logistics, construction, and retail sectors. The government’s focus on improving infrastructure and supporting small and medium enterprises (SMEs) in industries like retail and construction contributes to the demand for hand trolleys. The market is further supported by government policies aimed at promoting local manufacturing, which ensures that businesses can meet the demand for durable and cost-effective hand trolleys. Additionally, the government promotes the use of equipment that improves labor productivity and safety.

Key Highlights of the Report:

  • Grenada Hand Trolley Market Outlook
  • Market Size of Grenada Hand Trolley Market, 2024
  • Forecast of Grenada Hand Trolley Market, 2031
  • Historical Data and Forecast of Grenada Hand Trolley Revenues & Volume for the Period 2021-2031
  • Grenada Hand Trolley Market Trend Evolution
  • Grenada Hand Trolley Market Drivers and Challenges
  • Grenada Hand Trolley Price Trends
  • Grenada Hand Trolley Porter`s Five Forces
  • Grenada Hand Trolley Industry Life Cycle
  • Historical Data and Forecast of Grenada Hand Trolley Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of Grenada Hand Trolley Market Revenues & Volume By Steel Hand Trolley for the Period 2021-2031
  • Historical Data and Forecast of Grenada Hand Trolley Market Revenues & Volume By Aluminum Hand Trolley for the Period 2021-2031
  • Historical Data and Forecast of Grenada Hand Trolley Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Grenada Hand Trolley Market Revenues & Volume By Offline Sales for the Period 2021-2031
  • Historical Data and Forecast of Grenada Hand Trolley Market Revenues & Volume By Online Sales for the Period 2021-2031
  • Grenada Hand Trolley Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Application
  • Grenada Hand Trolley Top Companies Market Share
  • Grenada Hand Trolley Competitive Benchmarking By Technical and Operational Parameters
  • Grenada Hand Trolley Company Profiles
  • Grenada Hand Trolley Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Grenada Hand Trolley Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Grenada Hand Trolley Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Hand Trolley Market Overview

3.1 Grenada Country Macro Economic Indicators

3.2 Grenada Hand Trolley Market Revenues & Volume, 2021 & 2031F

3.3 Grenada Hand Trolley Market - Industry Life Cycle

3.4 Grenada Hand Trolley Market - Porter's Five Forces

3.5 Grenada Hand Trolley Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 Grenada Hand Trolley Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Grenada Hand Trolley Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increase in urbanization leading to higher demand for materials handling equipment like hand trolleys.

4.2.2 Growth in e-commerce sector driving the need for efficient logistics and transportation solutions.

4.2.3 Adoption of advanced technologies in manufacturing processes, leading to the development of innovative hand trolley designs.

4.3 Market Restraints

4.3.1 Fluctuations in raw material prices affecting the production cost of hand trolleys.

4.3.2 Intense competition from other material handling equipment manufacturers impacting market share.

4.3.3 Economic downturns leading to reduced investments in infrastructure and industrial projects, affecting the demand for hand trolleys.

5 Grenada Hand Trolley Market Trends

6 Grenada Hand Trolley Market Segmentations

6.1 Grenada Hand Trolley Market, By Type

6.1.1 Overview and Analysis

6.1.2 Grenada Hand Trolley Market Revenues & Volume, By Steel Hand Trolley, 2021-2031F

6.1.3 Grenada Hand Trolley Market Revenues & Volume, By Aluminum Hand Trolley, 2021-2031F

6.2 Grenada Hand Trolley Market, By Application

6.2.1 Overview and Analysis

6.2.2 Grenada Hand Trolley Market Revenues & Volume, By Offline Sales, 2021-2031F

6.2.3 Grenada Hand Trolley Market Revenues & Volume, By Online Sales, 2021-2031F

7 Grenada Hand Trolley Market Import-Export Trade Statistics

7.1 Grenada Hand Trolley Market Export to Major Countries

7.2 Grenada Hand Trolley Market Imports from Major Countries

8 Grenada Hand Trolley Market Key Performance Indicators

8.1 Number of patents filed for new hand trolley designs, indicating innovation and market growth potential.

8.2 Percentage of orders for hand trolleys through online platforms, reflecting the impact of e-commerce on market demand.

8.3 Customer satisfaction scores related to hand trolley durability, ease of use, and ergonomics, indicating product quality and market acceptance.

9 Grenada Hand Trolley Market - Opportunity Assessment

9.1 Grenada Hand Trolley Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 Grenada Hand Trolley Market Opportunity Assessment, By Application, 2021 & 2031F

10 Grenada Hand Trolley Market - Competitive Landscape

10.1 Grenada Hand Trolley Market Revenue Share, By Companies, 2024

10.2 Grenada Hand Trolley Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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