| Product Code: ETC10934182 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
Grenada`s import shipments of used and new cars in 2024 continued to be dominated by key exporters such as Japan, UK, USA, Trinidad and Tobago, and Saint Vincent and the Grenadines. The industry exhibited a high Herfindahl-Hirschman Index (HHI) concentration, indicating a competitive market. With a remarkable Compound Annual Growth Rate (CAGR) of 51.9% from 2020 to 2024, the sector showed strong expansion. Moreover, the growth rate from 2023 to 2024 was impressive at 40.95%, suggesting a thriving market for car imports 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 Used and New Cars Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Used and New Cars Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Used and New Cars Market - Industry Life Cycle |
3.4 Grenada Used and New Cars Market - Porter's Five Forces |
3.5 Grenada Used and New Cars Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.6 Grenada Used and New Cars Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
3.7 Grenada Used and New Cars Market Revenues & Volume Share, By Fuel Type, 2021 & 2031F |
3.8 Grenada Used and New Cars Market Revenues & Volume Share, By Body Type, 2021 & 2031F |
3.9 Grenada Used and New Cars Market Revenues & Volume Share, By Price Range, 2021 & 2031F |
4 Grenada Used and New Cars Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income levels in Grenada |
4.2.2 Technological advancements leading to more efficient and attractive vehicles |
4.2.3 Growing demand for reliable transportation options |
4.3 Market Restraints |
4.3.1 High import duties and taxes on vehicles in Grenada |
4.3.2 Limited availability of financing options for car purchases |
4.3.3 Challenges related to vehicle maintenance and repair services in Grenada |
5 Grenada Used and New Cars Market Trends |
6 Grenada Used and New Cars Market, By Types |
6.1 Grenada Used and New Cars Market, By Vehicle Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Used and New Cars Market Revenues & Volume, By Vehicle Type, 2021 - 2031F |
6.1.3 Grenada Used and New Cars Market Revenues & Volume, By New Cars, 2021 - 2031F |
6.1.4 Grenada Used and New Cars Market Revenues & Volume, By Used Cars, 2021 - 2031F |
6.2 Grenada Used and New Cars Market, By Sales Channel |
6.2.1 Overview and Analysis |
6.2.2 Grenada Used and New Cars Market Revenues & Volume, By Online, 2021 - 2031F |
6.2.3 Grenada Used and New Cars Market Revenues & Volume, By Offline, 2021 - 2031F |
6.3 Grenada Used and New Cars Market, By Fuel Type |
6.3.1 Overview and Analysis |
6.3.2 Grenada Used and New Cars Market Revenues & Volume, By Petrol, 2021 - 2031F |
6.3.3 Grenada Used and New Cars Market Revenues & Volume, By Diesel, 2021 - 2031F |
6.4 Grenada Used and New Cars Market, By Body Type |
6.4.1 Overview and Analysis |
6.4.2 Grenada Used and New Cars Market Revenues & Volume, By Sedan, 2021 - 2031F |
6.4.3 Grenada Used and New Cars Market Revenues & Volume, By SUV, 2021 - 2031F |
6.5 Grenada Used and New Cars Market, By Price Range |
6.5.1 Overview and Analysis |
6.5.2 Grenada Used and New Cars Market Revenues & Volume, By Budget, 2021 - 2031F |
6.5.3 Grenada Used and New Cars Market Revenues & Volume, By Premium, 2021 - 2031F |
7 Grenada Used and New Cars Market Import-Export Trade Statistics |
7.1 Grenada Used and New Cars Market Export to Major Countries |
7.2 Grenada Used and New Cars Market Imports from Major Countries |
8 Grenada Used and New Cars Market Key Performance Indicators |
8.1 Average age of cars on the road in Grenada |
8.2 Number of new car registrations in Grenada |
8.3 Average selling price of used cars in Grenada |
8.4 Number of car dealerships or showrooms in Grenada |
8.5 Adoption rate of electric or hybrid vehicles in Grenada |
9 Grenada Used and New Cars Market - Opportunity Assessment |
9.1 Grenada Used and New Cars Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.2 Grenada Used and New Cars Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
9.3 Grenada Used and New Cars Market Opportunity Assessment, By Fuel Type, 2021 & 2031F |
9.4 Grenada Used and New Cars Market Opportunity Assessment, By Body Type, 2021 & 2031F |
9.5 Grenada Used and New Cars Market Opportunity Assessment, By Price Range, 2021 & 2031F |
10 Grenada Used and New Cars Market - Competitive Landscape |
10.1 Grenada Used and New Cars Market Revenue Share, By Companies, 2024 |
10.2 Grenada Used and New Cars Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |