| Product Code: ETC10342438 | 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 roof cladding imports from top exporting countries such as Trinidad and Tobago, USA, China, UK, and Taiwan. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite a negative compound annual growth rate (CAGR) from 2020 to 2024, there was a notable growth spurt in 2024 with an 11.66% increase compared to the previous year. This suggests potential market shifts and opportunities for stakeholders in the roof cladding industry to capitalize on the growing demand in Grenada.
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 Roof Cladding Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Roof Cladding Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Roof Cladding Market - Industry Life Cycle |
3.4 Grenada Roof Cladding Market - Porter's Five Forces |
3.5 Grenada Roof Cladding Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Roof Cladding Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Grenada Roof Cladding Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Grenada Roof Cladding Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Roof Cladding Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient and sustainable building materials |
4.2.2 Growth in the construction industry in Grenada |
4.2.3 Government initiatives promoting the use of eco-friendly construction materials |
4.3 Market Restraints |
4.3.1 High initial cost of installation for Grenada roof cladding |
4.3.2 Limited awareness and education about the benefits of roof cladding in Grenada |
5 Grenada Roof Cladding Market Trends |
6 Grenada Roof Cladding Market, By Types |
6.1 Grenada Roof Cladding Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Roof Cladding Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Grenada Roof Cladding Market Revenues & Volume, By Metal, 2021 - 2031F |
6.1.4 Grenada Roof Cladding Market Revenues & Volume, By Tile, 2021 - 2031F |
6.1.5 Grenada Roof Cladding Market Revenues & Volume, By Shingle, 2021 - 2031F |
6.1.6 Grenada Roof Cladding Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Grenada Roof Cladding Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Grenada Roof Cladding Market Revenues & Volume, By Aluminum, 2021 - 2031F |
6.2.3 Grenada Roof Cladding Market Revenues & Volume, By Steel, 2021 - 2031F |
6.2.4 Grenada Roof Cladding Market Revenues & Volume, By PVC, 2021 - 2031F |
6.2.5 Grenada Roof Cladding Market Revenues & Volume, By Others, 2021 - 2031F |
6.3 Grenada Roof Cladding Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Grenada Roof Cladding Market Revenues & Volume, By Residential, 2021 - 2031F |
6.3.3 Grenada Roof Cladding Market Revenues & Volume, By Commercial, 2021 - 2031F |
6.3.4 Grenada Roof Cladding Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.3.5 Grenada Roof Cladding Market Revenues & Volume, By Others, 2021 - 2031F |
6.4 Grenada Roof Cladding Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Grenada Roof Cladding Market Revenues & Volume, By Weather Protection, 2021 - 2031F |
6.4.3 Grenada Roof Cladding Market Revenues & Volume, By Insulation, 2021 - 2031F |
6.4.4 Grenada Roof Cladding Market Revenues & Volume, By Aesthetic Appeal, 2021 - 2031F |
6.4.5 Grenada Roof Cladding Market Revenues & Volume, By Others, 2021 - 2031F |
7 Grenada Roof Cladding Market Import-Export Trade Statistics |
7.1 Grenada Roof Cladding Market Export to Major Countries |
7.2 Grenada Roof Cladding Market Imports from Major Countries |
8 Grenada Roof Cladding Market Key Performance Indicators |
8.1 Number of new construction projects incorporating roof cladding in Grenada |
8.2 Percentage increase in adoption of energy-efficient building materials in Grenada |
8.3 Number of government policies supporting the use of eco-friendly construction materials |
9 Grenada Roof Cladding Market - Opportunity Assessment |
9.1 Grenada Roof Cladding Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Roof Cladding Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Grenada Roof Cladding Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Grenada Roof Cladding Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Roof Cladding Market - Competitive Landscape |
10.1 Grenada Roof Cladding Market Revenue Share, By Companies, 2024 |
10.2 Grenada Roof Cladding 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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