| Product Code: ETC4948836 | 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 rely heavily on key suppliers like the USA, China, Trinidad and Tobago, Hong Kong, and Puerto Rico for locks and padlocks imports. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period 2020-2024 remained strong at 9.27%. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, suggesting potential challenges and opportunities for market players in Grenada`s locks and padlocks industry. Monitoring the trends and dynamics of these import shipments will be crucial for stakeholders in the market.
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 Locks and Padlocks Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Locks and Padlocks Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Locks and Padlocks Market - Industry Life Cycle |
3.4 Grenada Locks and Padlocks Market - Porter's Five Forces |
3.5 Grenada Locks and Padlocks Market Revenues & Volume Share Segmentations, 2021 & 2031F |
3.6 Grenada Locks and Padlocks Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Grenada Locks and Padlocks Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Locks and Padlocks Market Trends |
6 Grenada Locks and Padlocks Market Segmentations |
6.1 Grenada Locks and Padlocks Market Segmentations |
6.1.1 Overview and Analysis |
6.1.2 Grenada Locks and Padlocks Market Revenues & Volume, By Open with Key, 2021-2031F |
6.1.3 Grenada Locks and Padlocks Market Revenues & Volume, By Open with Password, 2021-2031F |
6.2 Grenada Locks and Padlocks Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Grenada Locks and Padlocks Market Revenues & Volume, By Household, 2021-2031F |
6.2.3 Grenada Locks and Padlocks Market Revenues & Volume, By Industry, 2021-2031F |
6.2.4 Grenada Locks and Padlocks Market Revenues & Volume, By Commercial, 2021-2031F |
7 Grenada Locks and Padlocks Market Import-Export Trade Statistics |
7.1 Grenada Locks and Padlocks Market Export to Major Countries |
7.2 Grenada Locks and Padlocks Market Imports from Major Countries |
8 Grenada Locks and Padlocks Market Key Performance Indicators |
9 Grenada Locks and Padlocks Market - Opportunity Assessment |
9.1 Grenada Locks and Padlocks Market Opportunity Assessment Segmentations, 2021 & 2031F |
9.2 Grenada Locks and Padlocks Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Grenada Locks and Padlocks Market - Competitive Landscape |
10.1 Grenada Locks and Padlocks Market Revenue Share, By Companies, 2024 |
10.2 Grenada Locks and Padlocks 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.
To discover high-growth global markets and optimize your business strategy:
Click Here