| Product Code: ETC5297163 | 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`s import of paint and coatings continued to see a high concentration of shipments, with a notable increase in concentration compared to 2023. The top exporting countries, including the USA, Trinidad and Tobago, and the UK, maintained strong positions in supplying these products to Grenada. However, the overall growth rate experienced a slight decline from the previous year. With a strong compound annual growth rate of 11.95% from 2020 to 2024, the market for paint and coatings in Grenada remains dynamic and competitive, offering both challenges and opportunities for industry players.
The Paint And Coating market in Grenada is projected to grow at a stable growth rate of 1.49% by 2027, highlighting the country's increasing focus on advanced technologies within the North America region, where United States of America holds the dominant position, followed closely by Canada, Trinidad and Tobago, Jamaica and Bahamas, shaping overall regional demand.

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 Paint And Coating Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Paint And Coating Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Paint And Coating Market - Industry Life Cycle |
3.4 Grenada Paint And Coating Market - Porter's Five Forces |
3.5 Grenada Paint And Coating Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Grenada Paint And Coating Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Grenada Paint And Coating Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Paint And Coating Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing construction industry in Grenada |
4.2.2 Increasing demand for eco-friendly and sustainable paint and coating products |
4.2.3 Government initiatives promoting infrastructure development |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Competition from imported paint and coating products |
4.3.3 Economic uncertainty affecting consumer spending on home improvement projects |
5 Grenada Paint And Coating Market Trends |
6 Grenada Paint And Coating Market Segmentations |
6.1 Grenada Paint And Coating Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Grenada Paint And Coating Market Revenues & Volume, By Waterborne Coatings, 2021-2031F |
6.1.3 Grenada Paint And Coating Market Revenues & Volume, By Solvent-borne Coatings, 2021-2031F |
6.1.4 Grenada Paint And Coating Market Revenues & Volume, By Powder Coatings, 2021-2031F |
6.1.5 Grenada Paint And Coating Market Revenues & Volume, By High Solids/radiation Curing, 2021-2031F |
6.1.6 Grenada Paint And Coating Market Revenues & Volume, By Others, 2021-2031F |
6.2 Grenada Paint And Coating Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Grenada Paint And Coating Market Revenues & Volume, By Acrylic, 2021-2031F |
6.2.3 Grenada Paint And Coating Market Revenues & Volume, By Polyester, 2021-2031F |
6.2.4 Grenada Paint And Coating Market Revenues & Volume, By Alkyd, 2021-2031F |
6.2.5 Grenada Paint And Coating Market Revenues & Volume, By Polyurethane, 2021-2031F |
6.2.6 Grenada Paint And Coating Market Revenues & Volume, By Epoxy, 2021-2031F |
6.2.7 Grenada Paint And Coating Market Revenues & Volume, By Others, 2021-2031F |
6.3 Grenada Paint And Coating Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Paint And Coating Market Revenues & Volume, By Architectural & Decorative, 2021-2031F |
6.3.3 Grenada Paint And Coating Market Revenues & Volume, By Non-architectural, 2021-2031F |
7 Grenada Paint And Coating Market Import-Export Trade Statistics |
7.1 Grenada Paint And Coating Market Export to Major Countries |
7.2 Grenada Paint And Coating Market Imports from Major Countries |
8 Grenada Paint And Coating Market Key Performance Indicators |
8.1 Adoption rate of eco-friendly paint and coating products in Grenada |
8.2 Number of new construction projects in the region |
8.3 Rate of innovation in the paint and coating industry in Grenada |
9 Grenada Paint And Coating Market - Opportunity Assessment |
9.1 Grenada Paint And Coating Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Grenada Paint And Coating Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Grenada Paint And Coating Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Paint And Coating Market - Competitive Landscape |
10.1 Grenada Paint And Coating Market Revenue Share, By Companies, 2024 |
10.2 Grenada Paint And Coating 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