| Product Code: ETC5086624 | 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 |
The import shipments of safety shoes into Grenada saw significant growth in 2024, with top exporting countries being the USA, Trinidad and Tobago, Canada, UK, and Panama. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, likely dominated by these key players. The impressive Compound Annual Growth Rate (CAGR) of 8.03% from 2020 to 2024 points to a thriving market demand. The notable growth rate of 31.7% from 2023 to 2024 suggests a surge in interest and consumption of safety shoes in Grenada, highlighting a positive trend in the industry.
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 Safety Shoes Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Safety Shoes Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Safety Shoes Market - Industry Life Cycle |
3.4 Grenada Safety Shoes Market - Porter's Five Forces |
3.5 Grenada Safety Shoes Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Safety Shoes Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Safety Shoes Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Grenada Safety Shoes Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about workplace safety regulations |
4.2.3 Rising focus on employee well-being and occupational health |
4.3 Market Restraints |
4.3.1 Price sensitivity of consumers in emerging economies |
4.3.2 Competition from counterfeit or low-quality safety shoe brands |
4.3.3 Fluctuating raw material costs affecting production expenses |
5 Grenada Safety Shoes Market Trends |
6 Grenada Safety Shoes Market Segmentations |
6.1 Grenada Safety Shoes Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Safety Shoes Market Revenues & Volume, By Leather, 2021-2031F |
6.1.3 Grenada Safety Shoes Market Revenues & Volume, By Rubber, 2021-2031F |
6.1.4 Grenada Safety Shoes Market Revenues & Volume, By Pvc, 2021-2031F |
6.1.5 Grenada Safety Shoes Market Revenues & Volume, By Polyurethane, 2021-2031F |
6.1.6 Grenada Safety Shoes Market Revenues & Volume, By Others, 2021-2031F |
6.2 Grenada Safety Shoes Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Safety Shoes Market Revenues & Volume, By Construction, 2021-2031F |
6.2.3 Grenada Safety Shoes Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.2.4 Grenada Safety Shoes Market Revenues & Volume, By Mining, 2021-2031F |
6.2.5 Grenada Safety Shoes Market Revenues & Volume, By Transportation, 2021-2031F |
6.2.6 Grenada Safety Shoes Market Revenues & Volume, By Others, 2021-2031F |
6.3 Grenada Safety Shoes Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Grenada Safety Shoes Market Revenues & Volume, By Online, 2021-2031F |
6.3.3 Grenada Safety Shoes Market Revenues & Volume, By Offline, 2021-2031F |
7 Grenada Safety Shoes Market Import-Export Trade Statistics |
7.1 Grenada Safety Shoes Market Export to Major Countries |
7.2 Grenada Safety Shoes Market Imports from Major Countries |
8 Grenada Safety Shoes Market Key Performance Indicators |
8.1 Number of workplace accidents reported in industries using safety shoes |
8.2 Percentage of companies implementing safety shoe policies for their employees |
8.3 Adoption rate of innovative safety shoe technologies by manufacturers |
8.4 Number of safety shoe certifications obtained by manufacturers |
8.5 Rate of growth in the demand for safety shoes in Grenada |
9 Grenada Safety Shoes Market - Opportunity Assessment |
9.1 Grenada Safety Shoes Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Safety Shoes Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Safety Shoes Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Grenada Safety Shoes Market - Competitive Landscape |
10.1 Grenada Safety Shoes Market Revenue Share, By Companies, 2024 |
10.2 Grenada Safety Shoes 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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