Grenada Used and New Cars Market (2025-2031) | Analysis, Forecast, Challenges, Consumer Insights, Revenue, Value, Industry, Strategy, Opportunities, Outlook, Companies, Drivers, Segments, Segmentation, Trends, Strategic Insights, Competition, Investment Trends, Size, Demand, Pricing Analysis, Share, Growth, Supply, Restraints, Competitive

Market Forecast By Vehicle Type (New Cars, Used Cars), By Sales Channel (Online, Offline), By Fuel Type (Petrol, Diesel), By Body Type (Sedan, SUV), By Price Range (Budget, Premium) And Competitive Landscape
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 Used and New Cars Market Top 5 Importing Countries and Market Competition (HHI) Analysis

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.

Key Highlights of the Report:

  • Grenada Used and New Cars Market Outlook
  • Market Size of Grenada Used and New Cars Market,2024
  • Forecast of Grenada Used and New Cars Market, 2031
  • Historical Data and Forecast of Grenada Used and New Cars Revenues & Volume for the Period 2021-2031
  • Grenada Used and New Cars Market Trend Evolution
  • Grenada Used and New Cars Market Drivers and Challenges
  • Grenada Used and New Cars Price Trends
  • Grenada Used and New Cars Porter's Five Forces
  • Grenada Used and New Cars Industry Life Cycle
  • Historical Data and Forecast of Grenada Used and New Cars Market Revenues & Volume By Vehicle Type for the Period 2021-2031
  • Historical Data and Forecast of Grenada Used and New Cars Market Revenues & Volume By New Cars for the Period 2021-2031
  • Historical Data and Forecast of Grenada Used and New Cars Market Revenues & Volume By Used Cars for the Period 2021-2031
  • Historical Data and Forecast of Grenada Used and New Cars Market Revenues & Volume By Sales Channel for the Period 2021-2031
  • Historical Data and Forecast of Grenada Used and New Cars Market Revenues & Volume By Online for the Period 2021-2031
  • Historical Data and Forecast of Grenada Used and New Cars Market Revenues & Volume By Offline for the Period 2021-2031
  • Historical Data and Forecast of Grenada Used and New Cars Market Revenues & Volume By Fuel Type for the Period 2021-2031
  • Historical Data and Forecast of Grenada Used and New Cars Market Revenues & Volume By Petrol for the Period 2021-2031
  • Historical Data and Forecast of Grenada Used and New Cars Market Revenues & Volume By Diesel for the Period 2021-2031
  • Historical Data and Forecast of Grenada Used and New Cars Market Revenues & Volume By Body Type for the Period 2021-2031
  • Historical Data and Forecast of Grenada Used and New Cars Market Revenues & Volume By Sedan for the Period 2021-2031
  • Historical Data and Forecast of Grenada Used and New Cars Market Revenues & Volume By SUV for the Period 2021-2031
  • Historical Data and Forecast of Grenada Used and New Cars Market Revenues & Volume By Price Range for the Period 2021-2031
  • Historical Data and Forecast of Grenada Used and New Cars Market Revenues & Volume By Budget for the Period 2021-2031
  • Historical Data and Forecast of Grenada Used and New Cars Market Revenues & Volume By Premium for the Period 2021-2031
  • Grenada Used and New Cars Import Export Trade Statistics
  • Market Opportunity Assessment By Vehicle Type
  • Market Opportunity Assessment By Sales Channel
  • Market Opportunity Assessment By Fuel Type
  • Market Opportunity Assessment By Body Type
  • Market Opportunity Assessment By Price Range
  • Grenada Used and New Cars Top Companies Market Share
  • Grenada Used and New Cars Competitive Benchmarking By Technical and Operational Parameters
  • Grenada Used and New Cars Company Profiles
  • Grenada Used and New Cars Key Strategic Recommendations

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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

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