| Product Code: ETC5148070 | 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 prefabricated building import shipments in 2024 were primarily sourced from China, USA, Panama, Trinidad and Tobago, and Canada. Despite the high concentration of imports from these top countries, the industry experienced a significant decline in both compound annual growth rate (CAGR) and growth rate in 2024. The negative CAGR of -14.31% over the period of 2020-24 indicates a challenging market environment, while the steep decline in growth rate from 2023 to 2024 at -78.23% suggests a sharp contraction in the import market for prefabricated buildings in Grenada.
Grenada's Prefabricated Building market is anticipated to experience a stable growth rate of 1.51% 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 Prefabricated Building Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Prefabricated Building Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Prefabricated Building Market - Industry Life Cycle |
3.4 Grenada Prefabricated Building Market - Porter's Five Forces |
3.5 Grenada Prefabricated Building Market Revenues & Volume Share, By Dimensions, 2021 & 2031F |
3.6 Grenada Prefabricated Building Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Prefabricated Building Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for affordable housing solutions in Grenada |
4.2.2 Government initiatives promoting sustainable and efficient construction methods |
4.2.3 Growing awareness about the benefits of prefabricated buildings in terms of time and cost savings |
4.3 Market Restraints |
4.3.1 Limited availability of skilled labor for prefabricated construction |
4.3.2 Challenges related to transportation and logistics of prefabricated building components |
5 Grenada Prefabricated Building Market Trends |
6 Grenada Prefabricated Building Market Segmentations |
6.1 Grenada Prefabricated Building Market, By Dimensions |
6.1.1 Overview and Analysis |
6.1.2 Grenada Prefabricated Building Market Revenues & Volume, By Skeleton System, 2021-2031F |
6.1.3 Grenada Prefabricated Building Market Revenues & Volume, By Panel System, 2021-2031F |
6.1.4 Grenada Prefabricated Building Market Revenues & Volume, By Cellular System, 2021-2031F |
6.1.5 Grenada Prefabricated Building Market Revenues & Volume, By Combined System, 2021-2031F |
6.2 Grenada Prefabricated Building Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Prefabricated Building Market Revenues & Volume, By Residential, 2021-2031F |
6.2.3 Grenada Prefabricated Building Market Revenues & Volume, By Non-Residential, 2021-2031F |
7 Grenada Prefabricated Building Market Import-Export Trade Statistics |
7.1 Grenada Prefabricated Building Market Export to Major Countries |
7.2 Grenada Prefabricated Building Market Imports from Major Countries |
8 Grenada Prefabricated Building Market Key Performance Indicators |
8.1 Average construction time for prefabricated buildings in Grenada |
8.2 Percentage increase in the adoption of prefabricated building technology in the construction sector |
8.3 Number of government contracts awarded for prefabricated building projects |
9 Grenada Prefabricated Building Market - Opportunity Assessment |
9.1 Grenada Prefabricated Building Market Opportunity Assessment, By Dimensions, 2021 & 2031F |
9.2 Grenada Prefabricated Building Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Prefabricated Building Market - Competitive Landscape |
10.1 Grenada Prefabricated Building Market Revenue Share, By Companies, 2024 |
10.2 Grenada Prefabricated Building Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |