| Product Code: ETC5676859 | 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 |
In 2024, Grenada continued to rely heavily on imports of travertine, with top exporting countries being Italy, USA, Canada, Dominican Republic, and China. Despite the high concentration of imports from these countries, the industry experienced a significant decline with a negative CAGR of -27.42% from 2020 to 2024. The growth rate plummeted even further in 2024, dropping by -68.32%. These figures suggest a challenging market environment for travertine import shipments in Grenada, highlighting the need for strategic adjustments and market diversification.
The Travertine market in Grenada is projected to grow at a stable growth rate of 2.78% by 2027, within the North America region led by United States of America, along with other countries like Canada, Trinidad and Tobago, Jamaica and Bahamas, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

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 Travertine Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Travertine Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Travertine Market - Industry Life Cycle |
3.4 Grenada Travertine Market - Porter's Five Forces |
3.5 Grenada Travertine Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Travertine Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Travertine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for luxurious and aesthetically pleasing building materials in the construction industry |
4.2.2 Increasing popularity of natural stones for interior and exterior design applications |
4.2.3 Rising disposable income leading to higher spending on home renovation and construction projects |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting production costs |
4.3.2 Intense competition from alternative materials like ceramic tiles and engineered stones |
4.3.3 Environmental concerns and regulations regarding quarrying and extraction of natural stone resources |
5 Grenada Travertine Market Trends |
6 Grenada Travertine Market Segmentations |
6.1 Grenada Travertine Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Travertine Market Revenues & Volume, By Natural Travertine, 2021-2031F |
6.1.3 Grenada Travertine Market Revenues & Volume, By Artificial Travertine, 2021-2031F |
6.2 Grenada Travertine Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Travertine Market Revenues & Volume, By Construction and Decoration, 2021-2031F |
6.2.3 Grenada Travertine Market Revenues & Volume, By Statuary and Monuments, 2021-2031F |
6.2.4 Grenada Travertine Market Revenues & Volume, By Furniture, 2021-2031F |
6.2.5 Grenada Travertine Market Revenues & Volume, By Others, 2021-2031F |
7 Grenada Travertine Market Import-Export Trade Statistics |
7.1 Grenada Travertine Market Export to Major Countries |
7.2 Grenada Travertine Market Imports from Major Countries |
8 Grenada Travertine Market Key Performance Indicators |
8.1 Average selling price per square foot of grenada travertine |
8.2 Number of new construction projects using grenada travertine |
8.3 Percentage of market share within the natural stone segment for grenada travertine |
9 Grenada Travertine Market - Opportunity Assessment |
9.1 Grenada Travertine Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Travertine Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Travertine Market - Competitive Landscape |
10.1 Grenada Travertine Market Revenue Share, By Companies, 2024 |
10.2 Grenada Travertine 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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