| Product Code: ETC10244518 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Grenada continued to rely on imports of PVC rigid electrical conduit, with top suppliers being Trinidad and Tobago, USA, China, Lebanon, and the UK. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite a strong compound annual growth rate (CAGR) of 15.36% from 2020 to 2024, there was a slight decline in growth rate from 2023 to 2024 at -0.83%. This data suggests a stable demand for PVC conduit in Grenada, with the market being dominated by a few key exporting countries.
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 PVC Rigid Electrical Conduit Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada PVC Rigid Electrical Conduit Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada PVC Rigid Electrical Conduit Market - Industry Life Cycle |
3.4 Grenada PVC Rigid Electrical Conduit Market - Porter's Five Forces |
3.5 Grenada PVC Rigid Electrical Conduit Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada PVC Rigid Electrical Conduit Market Revenues & Volume Share, By Diameter, 2021 & 2031F |
3.7 Grenada PVC Rigid Electrical Conduit Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
3.8 Grenada PVC Rigid Electrical Conduit Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada PVC Rigid Electrical Conduit Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing construction activities in Grenada |
4.2.2 Growing awareness about the benefits of using PVC rigid electrical conduits |
4.2.3 Government regulations supporting the use of PVC conduits in electrical installations |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Competition from alternative materials such as metal conduits |
4.3.3 Economic downturn impacting construction projects in Grenada |
5 Grenada PVC Rigid Electrical Conduit Market Trends |
6 Grenada PVC Rigid Electrical Conduit Market, By Types |
6.1 Grenada PVC Rigid Electrical Conduit Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada PVC Rigid Electrical Conduit Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Grenada PVC Rigid Electrical Conduit Market Revenues & Volume, By Plain Conduit, 2021 - 2031F |
6.1.4 Grenada PVC Rigid Electrical Conduit Market Revenues & Volume, By Corrugated Conduit, 2021 - 2031F |
6.1.5 Grenada PVC Rigid Electrical Conduit Market Revenues & Volume, By Flexible Conduit, 2021 - 2031F |
6.1.6 Grenada PVC Rigid Electrical Conduit Market Revenues & Volume, By Heavy-Duty Conduit, 2021 - 2031F |
6.1.7 Grenada PVC Rigid Electrical Conduit Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Grenada PVC Rigid Electrical Conduit Market, By Diameter |
6.2.1 Overview and Analysis |
6.2.2 Grenada PVC Rigid Electrical Conduit Market Revenues & Volume, By |
6.2.3 Grenada PVC Rigid Electrical Conduit Market Revenues & Volume, By 20-50mm, 2021 - 2031F |
6.2.4 Grenada PVC Rigid Electrical Conduit Market Revenues & Volume, By 50-100mm, 2021 - 2031F |
6.2.5 Grenada PVC Rigid Electrical Conduit Market Revenues & Volume, By >100mm, 2021 - 2031F |
6.2.6 Grenada PVC Rigid Electrical Conduit Market Revenues & Volume, By Others, 2021 - 2031F |
6.3 Grenada PVC Rigid Electrical Conduit Market, By End-Use |
6.3.1 Overview and Analysis |
6.3.2 Grenada PVC Rigid Electrical Conduit Market Revenues & Volume, By Construction, 2021 - 2031F |
6.3.3 Grenada PVC Rigid Electrical Conduit Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.3.4 Grenada PVC Rigid Electrical Conduit Market Revenues & Volume, By Infrastructure, 2021 - 2031F |
6.3.5 Grenada PVC Rigid Electrical Conduit Market Revenues & Volume, By Energy, 2021 - 2031F |
6.3.6 Grenada PVC Rigid Electrical Conduit Market Revenues & Volume, By Others, 2021 - 2031F |
6.4 Grenada PVC Rigid Electrical Conduit Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Grenada PVC Rigid Electrical Conduit Market Revenues & Volume, By Wiring Protection, 2021 - 2031F |
6.4.3 Grenada PVC Rigid Electrical Conduit Market Revenues & Volume, By Cable Management, 2021 - 2031F |
6.4.4 Grenada PVC Rigid Electrical Conduit Market Revenues & Volume, By Underground Wiring, 2021 - 2031F |
6.4.5 Grenada PVC Rigid Electrical Conduit Market Revenues & Volume, By Power Distribution, 2021 - 2031F |
6.4.6 Grenada PVC Rigid Electrical Conduit Market Revenues & Volume, By Others, 2021 - 2031F |
7 Grenada PVC Rigid Electrical Conduit Market Import-Export Trade Statistics |
7.1 Grenada PVC Rigid Electrical Conduit Market Export to Major Countries |
7.2 Grenada PVC Rigid Electrical Conduit Market Imports from Major Countries |
8 Grenada PVC Rigid Electrical Conduit Market Key Performance Indicators |
8.1 Adoption rate of PVC conduits in new construction projects |
8.2 Number of government contracts specifying the use of PVC conduits |
8.3 Percentage increase in demand for PVC conduits compared to previous years |
9 Grenada PVC Rigid Electrical Conduit Market - Opportunity Assessment |
9.1 Grenada PVC Rigid Electrical Conduit Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada PVC Rigid Electrical Conduit Market Opportunity Assessment, By Diameter, 2021 & 2031F |
9.3 Grenada PVC Rigid Electrical Conduit Market Opportunity Assessment, By End-Use, 2021 & 2031F |
9.4 Grenada PVC Rigid Electrical Conduit Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada PVC Rigid Electrical Conduit Market - Competitive Landscape |
10.1 Grenada PVC Rigid Electrical Conduit Market Revenue Share, By Companies, 2024 |
10.2 Grenada PVC Rigid Electrical Conduit 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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