| Product Code: ETC5317645 | 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 continues to rely on key trading partners for its security door imports, with the USA, Trinidad and Tobago, China, UK, and Hong Kong leading the way in 2024. Despite a high Herfindahl-Hirschman Index (HHI) indicating concentrated market control, the industry experienced a negative compound annual growth rate (CAGR) of -8.32% from 2020 to 2024. The growth rate slightly improved in 2024 with a -6.54% change from the previous year. This data suggests a challenging market environment, emphasizing the need for strategic planning and adaptation in the security door import sector 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 Security Door Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Security Door Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Security Door Market - Industry Life Cycle |
3.4 Grenada Security Door Market - Porter's Five Forces |
3.5 Grenada Security Door Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Grenada Security Door Market Revenues & Volume Share, By Industry, 2021 & 2031F |
3.7 Grenada Security Door Market Revenues & Volume Share, By Channel, 2021 & 2031F |
4 Grenada Security Door Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing concerns about home security and burglary rates |
4.2.2 Rising urbanization leading to higher demand for secure housing solutions |
4.2.3 Growing awareness about the importance of safety and security measures |
4.3 Market Restraints |
4.3.1 High initial costs associated with purchasing and installing security doors |
4.3.2 Limited consumer awareness about the benefits and features of security doors |
4.3.3 Competition from alternative security solutions such as alarm systems and surveillance cameras |
5 Grenada Security Door Market Trends |
6 Grenada Security Door Market Segmentations |
6.1 Grenada Security Door Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Security Door Market Revenues & Volume, By Wood Security Door, 2021-2031F |
6.1.3 Grenada Security Door Market Revenues & Volume, By Metal Security Door, 2021-2031F |
6.2 Grenada Security Door Market, By Industry |
6.2.1 Overview and Analysis |
6.2.2 Grenada Security Door Market Revenues & Volume, By Individual Purchaser, 2021-2031F |
6.2.3 Grenada Security Door Market Revenues & Volume, By Corporate Buyers, 2021-2031F |
6.3 Grenada Security Door Market, By Channel |
6.3.1 Overview and Analysis |
6.3.2 Grenada Security Door Market Revenues & Volume, By Direct Sales, 2021-2031F |
6.3.3 Grenada Security Door Market Revenues & Volume, By Distributor, 2021-2031F |
7 Grenada Security Door Market Import-Export Trade Statistics |
7.1 Grenada Security Door Market Export to Major Countries |
7.2 Grenada Security Door Market Imports from Major Countries |
8 Grenada Security Door Market Key Performance Indicators |
8.1 Number of reported burglary incidents in residential areas |
8.2 Percentage of households in urban areas investing in home security measures |
8.3 Adoption rate of security doors in new construction projects |
8.4 Number of online searches for "security door features and benefits" |
8.5 Customer satisfaction ratings for installed security doors |
9 Grenada Security Door Market - Opportunity Assessment |
9.1 Grenada Security Door Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Grenada Security Door Market Opportunity Assessment, By Industry, 2021 & 2031F |
9.3 Grenada Security Door Market Opportunity Assessment, By Channel, 2021 & 2031F |
10 Grenada Security Door Market - Competitive Landscape |
10.1 Grenada Security Door Market Revenue Share, By Companies, 2024 |
10.2 Grenada Security Door 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.
To discover high-growth global markets and optimize your business strategy:
Click Here