| Product Code: ETC5846035 | 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 of less lethal ammunition in 2024 saw a significant reliance on shipments from the USA, highlighting a strong trade relationship between the two countries. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market with limited competition in this sector. Despite the impressive compound annual growth rate (CAGR) of 22.91% from 2020 to 2024, the negative growth rate of -76.42% from 2023 to 2024 suggests a recent decline in import volumes, which may prompt further analysis into market dynamics and demand trends 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 Less Lethal Ammunition Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Less Lethal Ammunition Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Less Lethal Ammunition Market - Industry Life Cycle |
3.4 Grenada Less Lethal Ammunition Market - Porter's Five Forces |
3.5 Grenada Less Lethal Ammunition Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.6 Grenada Less Lethal Ammunition Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Grenada Less Lethal Ammunition Market Revenues & Volume Share, By Weapon Type, 2021 & 2031F |
4 Grenada Less Lethal Ammunition Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for non-lethal alternatives for law enforcement purposes |
4.2.2 Rising focus on crowd control and riot situations |
4.2.3 Growing awareness about minimizing fatalities in security operations |
4.3 Market Restraints |
4.3.1 Stringent regulations and restrictions on the use of less lethal ammunition |
4.3.2 High product costs compared to traditional lethal ammunition |
4.3.3 Limited range and accuracy of less lethal ammunition compared to lethal alternatives |
5 Grenada Less Lethal Ammunition Market Trends |
6 Grenada Less Lethal Ammunition Market Segmentations |
6.1 Grenada Less Lethal Ammunition Market, By End User |
6.1.1 Overview and Analysis |
6.1.2 Grenada Less Lethal Ammunition Market Revenues & Volume, By Law Enforcement, 2021-2031F |
6.1.3 Grenada Less Lethal Ammunition Market Revenues & Volume, By Military, 2021-2031F |
6.1.4 Grenada Less Lethal Ammunition Market Revenues & Volume, By Self Defense, 2021-2031F |
6.2 Grenada Less Lethal Ammunition Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Grenada Less Lethal Ammunition Market Revenues & Volume, By Rubber Bullets, 2021-2031F |
6.2.3 Grenada Less Lethal Ammunition Market Revenues & Volume, By Bean Bag Rounds, 2021-2031F |
6.2.4 Grenada Less Lethal Ammunition Market Revenues & Volume, By Plastic Bullets, 2021-2031F |
6.2.5 Grenada Less Lethal Ammunition Market Revenues & Volume, By Paintballs, 2021-2031F |
6.3 Grenada Less Lethal Ammunition Market, By Weapon Type |
6.3.1 Overview and Analysis |
6.3.2 Grenada Less Lethal Ammunition Market Revenues & Volume, By Shotguns, 2021-2031F |
6.3.3 Grenada Less Lethal Ammunition Market Revenues & Volume, By Launchers, 2021-2031F |
7 Grenada Less Lethal Ammunition Market Import-Export Trade Statistics |
7.1 Grenada Less Lethal Ammunition Market Export to Major Countries |
7.2 Grenada Less Lethal Ammunition Market Imports from Major Countries |
8 Grenada Less Lethal Ammunition Market Key Performance Indicators |
8.1 Number of law enforcement agencies adopting less lethal ammunition |
8.2 Rate of new product development and innovation in the less lethal ammunition market |
8.3 Training and certification programs uptake by security personnel for less lethal ammunition utilization |
9 Grenada Less Lethal Ammunition Market - Opportunity Assessment |
9.1 Grenada Less Lethal Ammunition Market Opportunity Assessment, By End User, 2021 & 2031F |
9.2 Grenada Less Lethal Ammunition Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 Grenada Less Lethal Ammunition Market Opportunity Assessment, By Weapon Type, 2021 & 2031F |
10 Grenada Less Lethal Ammunition Market - Competitive Landscape |
10.1 Grenada Less Lethal Ammunition Market Revenue Share, By Companies, 2024 |
10.2 Grenada Less Lethal Ammunition 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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