| Product Code: ETC4800275 | 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 |
Grenada`s power tools import market in 2024 continued to be dominated by imports from top countries including the USA, China, Germany, Trinidad and Tobago, and Brazil. Despite a slight decline in growth rate from 2023 to 2024, the market maintained a high concentration level, indicating strong competition among key players. The impressive compound annual growth rate (CAGR) of 16.26% from 2020 to 2024 suggests a thriving market with opportunities for further expansion and development in the coming years.
Grenada's Power Tools market is anticipated to experience a stable growth rate of 2.09% by 2027, reflecting trends observed in the largest economy United States of America, followed by Canada, Trinidad and Tobago, Jamaica and Bahamas.

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 Power Tools Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Power Tools Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Power Tools Market - Industry Life Cycle |
3.4 Grenada Power Tools Market - Porter's Five Forces |
3.5 Grenada Power Tools Market Revenues & Volume Share, By Tool Type, 2021 & 2031F |
3.6 Grenada Power Tools Market Revenues & Volume Share, By Mode of Operation, 2021 & 2031F |
3.7 Grenada Power Tools Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Power Tools Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Power Tools Market Trends |
6 Grenada Power Tools Market Segmentations |
6.1 Grenada Power Tools Market, By Tool Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Power Tools Market Revenues & Volume, By Drilling and fastening tools, 2021-2031F |
6.1.3 Grenada Power Tools Market Revenues & Volume, By Demolition tools, 2021-2031F |
6.1.4 Grenada Power Tools Market Revenues & Volume, By Sawing and cutting tools, 2021-2031F |
6.1.5 Grenada Power Tools Market Revenues & Volume, By Material removal tools, 2021-2031F |
6.1.6 Grenada Power Tools Market Revenues & Volume, By Routing Tools, 2021-2031F |
6.1.7 Grenada Power Tools Market Revenues & Volume, By Others? , 2021-2031F |
6.2 Grenada Power Tools Market, By Mode of Operation |
6.2.1 Overview and Analysis |
6.2.2 Grenada Power Tools Market Revenues & Volume, By Electric, 2021-2031F |
6.2.3 Grenada Power Tools Market Revenues & Volume, By Pneumatic, 2021-2031F |
6.2.4 Grenada Power Tools Market Revenues & Volume, By Others, 2021-2031F |
6.3 Grenada Power Tools Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Power Tools Market Revenues & Volume, By Industrial, 2021-2031F |
6.3.3 Grenada Power Tools Market Revenues & Volume, By Residential/DIY, 2021-2031F |
7 Grenada Power Tools Market Import-Export Trade Statistics |
7.1 Grenada Power Tools Market Export to Major Countries |
7.2 Grenada Power Tools Market Imports from Major Countries |
8 Grenada Power Tools Market Key Performance Indicators |
9 Grenada Power Tools Market - Opportunity Assessment |
9.1 Grenada Power Tools Market Opportunity Assessment, By Tool Type, 2021 & 2031F |
9.2 Grenada Power Tools Market Opportunity Assessment, By Mode of Operation, 2021 & 2031F |
9.3 Grenada Power Tools Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Power Tools Market - Competitive Landscape |
10.1 Grenada Power Tools Market Revenue Share, By Companies, 2024 |
10.2 Grenada Power Tools 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