| Product Code: ETC10422118 | Publication Date: Apr 2025 | Updated Date: Apr 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
Grenada`s residential and commercial roofing materials import shipments in 2024 continued to show a high concentration with the top countries exporting being USA, Canada, China, Saint Lucia, and the UK. The Herfindahl-Hirschman Index (HHI) remained at a high level, indicating a concentrated market. The compound annual growth rate (CAGR) from 2020 to 2024 was an impressive 64.21%, demonstrating a strong upward trend in demand. The growth rate from 2023 to 2024 surged by 94.88%, suggesting a significant acceleration in market expansion within the roofing materials sector.

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 Residential Commercial Roofing Materials Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Residential Commercial Roofing Materials Market Revenues & Volume, 2022 & 2032F |
3.3 Grenada Residential Commercial Roofing Materials Market - Industry Life Cycle |
3.4 Grenada Residential Commercial Roofing Materials Market - Porter's Five Forces |
3.5 Grenada Residential Commercial Roofing Materials Market Revenues & Volume Share, By Material, 2022 & 2032F |
3.6 Grenada Residential Commercial Roofing Materials Market Revenues & Volume Share, By Type, 2022 & 2032F |
3.7 Grenada Residential Commercial Roofing Materials Market Revenues & Volume Share, By Installation Type, 2022 & 2032F |
3.8 Grenada Residential Commercial Roofing Materials Market Revenues & Volume Share, By End Use, 2022 & 2032F |
4 Grenada Residential Commercial Roofing Materials Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increase in construction activities in Grenada |
4.2.2 Growing awareness about the importance of quality roofing materials |
4.2.3 Government initiatives promoting sustainable building practices |
4.3 Market Restraints |
4.3.1 High cost of premium roofing materials |
4.3.2 Limited availability of skilled labor for roofing installation |
4.3.3 Economic fluctuations impacting construction industry in Grenada |
5 Grenada Residential Commercial Roofing Materials Market Trends |
6 Grenada Residential Commercial Roofing Materials Market, By Types |
6.1 Grenada Residential Commercial Roofing Materials Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 Grenada Residential Commercial Roofing Materials Market Revenues & Volume, By Material, 2022 - 2032F |
6.1.3 Grenada Residential Commercial Roofing Materials Market Revenues & Volume, By Asphalt Shingles, 2022 - 2032F |
6.1.4 Grenada Residential Commercial Roofing Materials Market Revenues & Volume, By Metal Roofing, 2022 - 2032F |
6.1.5 Grenada Residential Commercial Roofing Materials Market Revenues & Volume, By Clay Tiles, 2022 - 2032F |
6.2 Grenada Residential Commercial Roofing Materials Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Residential Commercial Roofing Materials Market Revenues & Volume, By Sloped Roof, 2022 - 2032F |
6.2.3 Grenada Residential Commercial Roofing Materials Market Revenues & Volume, By Flat Roof, 2022 - 2032F |
6.2.4 Grenada Residential Commercial Roofing Materials Market Revenues & Volume, By Low Slope, 2022 - 2032F |
6.3 Grenada Residential Commercial Roofing Materials Market, By Installation Type |
6.3.1 Overview and Analysis |
6.3.2 Grenada Residential Commercial Roofing Materials Market Revenues & Volume, By On-Site, 2022 - 2032F |
6.3.3 Grenada Residential Commercial Roofing Materials Market Revenues & Volume, By Pre-Fabricated, 2022 - 2032F |
6.3.4 Grenada Residential Commercial Roofing Materials Market Revenues & Volume, By Modular, 2022 - 2032F |
6.4 Grenada Residential Commercial Roofing Materials Market, By End Use |
6.4.1 Overview and Analysis |
6.4.2 Grenada Residential Commercial Roofing Materials Market Revenues & Volume, By Individual Homes, 2022 - 2032F |
6.4.3 Grenada Residential Commercial Roofing Materials Market Revenues & Volume, By Villas, 2022 - 2032F |
6.4.4 Grenada Residential Commercial Roofing Materials Market Revenues & Volume, By Apartment Buildings, 2022 - 2032F |
7 Grenada Residential Commercial Roofing Materials Market Import-Export Trade Statistics |
7.1 Grenada Residential Commercial Roofing Materials Market Export to Major Countries |
7.2 Grenada Residential Commercial Roofing Materials Market Imports from Major Countries |
8 Grenada Residential Commercial Roofing Materials Market Key Performance Indicators |
8.1 Number of new construction permits issued in Grenada |
8.2 Adoption rate of eco-friendly roofing materials in the market |
8.3 Growth in the number of roofing contractors certified to install specific materials |
9 Grenada Residential Commercial Roofing Materials Market - Opportunity Assessment |
9.1 Grenada Residential Commercial Roofing Materials Market Opportunity Assessment, By Material, 2022 & 2032F |
9.2 Grenada Residential Commercial Roofing Materials Market Opportunity Assessment, By Type, 2022 & 2032F |
9.3 Grenada Residential Commercial Roofing Materials Market Opportunity Assessment, By Installation Type, 2022 & 2032F |
9.4 Grenada Residential Commercial Roofing Materials Market Opportunity Assessment, By End Use, 2022 & 2032F |
10 Grenada Residential Commercial Roofing Materials Market - Competitive Landscape |
10.1 Grenada Residential Commercial Roofing Materials Market Revenue Share, By Companies, 2025 |
10.2 Grenada Residential Commercial Roofing Materials 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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