| Product Code: ETC5317512 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Grenada`s screw fastener import shipments in 2024 continued to see a significant concentration with the top exporting countries being the USA, Trinidad and Tobago, UK, China, and Australia. The Herfindahl-Hirschman Index (HHI) remained at a high level, indicating a dominant market presence by these key suppliers. The impressive compound annual growth rate (CAGR) of 18.05% from 2020 to 2024 reflects a robust market expansion. Furthermore, the notable growth rate of 23.62% in 2024 showcases a thriving demand for screw fasteners in Grenada, making it an attractive market for suppliers.
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 Screw Fastener Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Screw Fastener Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Screw Fastener Market - Industry Life Cycle |
3.4 Grenada Screw Fastener Market - Porter's Five Forces |
3.5 Grenada Screw Fastener Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Grenada Screw Fastener Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Grenada Screw Fastener Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Grenada Screw Fastener Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Grenada Screw Fastener Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the construction industry in Grenada, leading to increased demand for screw fasteners. |
4.2.2 Expansion of the manufacturing sector in Grenada, driving the need for screw fasteners in production processes. |
4.2.3 Increasing focus on infrastructure development projects in Grenada, boosting the demand for screw fasteners. |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting the production cost of screw fasteners. |
4.3.2 Competition from alternative fastening solutions such as adhesives or welding, affecting the market growth. |
4.3.3 Economic instability in Grenada leading to uncertainties in investment and construction activities. |
5 Grenada Screw Fastener Market Trends |
6 Grenada Screw Fastener Market Segmentations |
6.1 Grenada Screw Fastener Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Grenada Screw Fastener Market Revenues & Volume, By Deck Screws, 2021-2031F |
6.1.3 Grenada Screw Fastener Market Revenues & Volume, By Hex Lag Screws, 2021-2031F |
6.1.4 Grenada Screw Fastener Market Revenues & Volume, By Self-Drilling Screws, 2021-2031F |
6.1.5 Grenada Screw Fastener Market Revenues & Volume, By Sheet Metal Screws, 2021-2031F |
6.1.6 Grenada Screw Fastener Market Revenues & Volume, By Wood Screws, 2021-2031F |
6.2 Grenada Screw Fastener Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Grenada Screw Fastener Market Revenues & Volume, By Steel, 2021-2031F |
6.2.3 Grenada Screw Fastener Market Revenues & Volume, By Copper, 2021-2031F |
6.2.4 Grenada Screw Fastener Market Revenues & Volume, By Aluminum, 2021-2031F |
6.2.5 Grenada Screw Fastener Market Revenues & Volume, By Other, 2021-2031F |
6.3 Grenada Screw Fastener Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Screw Fastener Market Revenues & Volume, By Automotive Industry, 2021-2031F |
6.3.3 Grenada Screw Fastener Market Revenues & Volume, By Machinery Industry, 2021-2031F |
6.3.4 Grenada Screw Fastener Market Revenues & Volume, By Construction Industry, 2021-2031F |
6.3.5 Grenada Screw Fastener Market Revenues & Volume, By MRO, 2021-2031F |
6.3.6 Grenada Screw Fastener Market Revenues & Volume, By Others, 2021-2031F |
6.4 Grenada Screw Fastener Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Grenada Screw Fastener Market Revenues & Volume, By Online, 2021-2031F |
6.4.3 Grenada Screw Fastener Market Revenues & Volume, By Offline, 2021-2031F |
7 Grenada Screw Fastener Market Import-Export Trade Statistics |
7.1 Grenada Screw Fastener Market Export to Major Countries |
7.2 Grenada Screw Fastener Market Imports from Major Countries |
8 Grenada Screw Fastener Market Key Performance Indicators |
8.1 Number of construction permits issued in Grenada, indicating potential demand for screw fasteners. |
8.2 Percentage of manufacturing companies using screw fasteners in their production processes, reflecting market penetration. |
8.3 Growth rate of infrastructure projects in Grenada, influencing the demand for screw fasteners. |
9 Grenada Screw Fastener Market - Opportunity Assessment |
9.1 Grenada Screw Fastener Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Grenada Screw Fastener Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Grenada Screw Fastener Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Grenada Screw Fastener Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Grenada Screw Fastener Market - Competitive Landscape |
10.1 Grenada Screw Fastener Market Revenue Share, By Companies, 2024 |
10.2 Grenada Screw Fastener 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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