| Product Code: ETC12359974 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
Grenada`s heavy-duty trailer import shipments in 2024 continued to see significant growth, with top exporting countries including Japan, USA, Trinidad and Tobago, China, and the UK. The industry displayed a high concentration level with a consistently high Herfindahl-Hirschman Index (HHI) in 2024. The compound annual growth rate (CAGR) from 2020 to 2024 was an impressive 68.42%, indicating a strong upward trend. Additionally, the growth rate from 2023 to 2024 stood at 8.32%, suggesting continued expansion and opportunities in the heavy-duty trailer market 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 Heavy Duty Trailer Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Heavy Duty Trailer Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Heavy Duty Trailer Market - Industry Life Cycle |
3.4 Grenada Heavy Duty Trailer Market - Porter's Five Forces |
3.5 Grenada Heavy Duty Trailer Market Revenues & Volume Share, By Axel Type, 2021 & 2031F |
3.6 Grenada Heavy Duty Trailer Market Revenues & Volume Share, By Trailer Type, 2021 & 2031F |
3.7 Grenada Heavy Duty Trailer Market Revenues & Volume Share, By Payload Capacity, 2021 & 2031F |
4 Grenada Heavy Duty Trailer Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Heavy Duty Trailer Market Trends |
6 Grenada Heavy Duty Trailer Market, By Types |
6.1 Grenada Heavy Duty Trailer Market, By Axel Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Heavy Duty Trailer Market Revenues & Volume, By Axel Type, 2021 - 2031F |
6.1.3 Grenada Heavy Duty Trailer Market Revenues & Volume, By Below 3 Axle, 2021 - 2031F |
6.1.4 Grenada Heavy Duty Trailer Market Revenues & Volume, By 3 to 5 Axle, 2021 - 2031F |
6.1.5 Grenada Heavy Duty Trailer Market Revenues & Volume, By Above 5 Axle, 2021 - 2031F |
6.2 Grenada Heavy Duty Trailer Market, By Trailer Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Heavy Duty Trailer Market Revenues & Volume, By Flatbed Trailers, 2021 - 2031F |
6.2.3 Grenada Heavy Duty Trailer Market Revenues & Volume, By Lowboy Trailers, 2021 - 2031F |
6.2.4 Grenada Heavy Duty Trailer Market Revenues & Volume, By Refrigerated Trailers, 2021 - 2031F |
6.2.5 Grenada Heavy Duty Trailer Market Revenues & Volume, By Dry Van Trailers, 2021 - 2031F |
6.2.6 Grenada Heavy Duty Trailer Market Revenues & Volume, By Others, 2021 - 2031F |
6.3 Grenada Heavy Duty Trailer Market, By Payload Capacity |
6.3.1 Overview and Analysis |
6.3.2 Grenada Heavy Duty Trailer Market Revenues & Volume, By Below 40,000 lbs, 2021 - 2031F |
6.3.3 Grenada Heavy Duty Trailer Market Revenues & Volume, By 40,000 to 80,000 lbs, 2021 - 2031F |
6.3.4 Grenada Heavy Duty Trailer Market Revenues & Volume, By Above 80,000 lbs, 2021 - 2031F |
7 Grenada Heavy Duty Trailer Market Import-Export Trade Statistics |
7.1 Grenada Heavy Duty Trailer Market Export to Major Countries |
7.2 Grenada Heavy Duty Trailer Market Imports from Major Countries |
8 Grenada Heavy Duty Trailer Market Key Performance Indicators |
9 Grenada Heavy Duty Trailer Market - Opportunity Assessment |
9.1 Grenada Heavy Duty Trailer Market Opportunity Assessment, By Axel Type, 2021 & 2031F |
9.2 Grenada Heavy Duty Trailer Market Opportunity Assessment, By Trailer Type, 2021 & 2031F |
9.3 Grenada Heavy Duty Trailer Market Opportunity Assessment, By Payload Capacity, 2021 & 2031F |
10 Grenada Heavy Duty Trailer Market - Competitive Landscape |
10.1 Grenada Heavy Duty Trailer Market Revenue Share, By Companies, 2024 |
10.2 Grenada Heavy Duty Trailer 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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