Grenada Vinyl Flooring Market (2025-2031) | Companies, Outlook, Segmentation, Trends, Share, Size, Value, Industry, Analysis, Growth, Revenue & Forecast

Name: Grenada Vinyl Flooring Market (2025-2031) | Trends, Outlook & Forecast
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Vinyl Flooring Market, Grenada Vinyl Flooring Market, Grenada Vinyl Flooring Market Revenues, Grenada Vinyl Flooring Market Share, Grenada Vinyl Flooring Market Size, Grenada Vinyl Flooring Market Outlook, Grenada Vinyl Flooring Market Report, Grenada Vinyl Flooring Market Competition, Grenada Vinyl Flooring Market Overview, Grenada Vinyl Flooring Market Trends, Grenada Vinyl Flooring Market Forecast

Market Forecast By Product (Vinyl Sheets, Vinyl Tiles, Luxury Vinyl Tiles), By Application (Residential, Commercial) And Competitive Landscape

Product Code: ETC4684831	Publication Date: Nov 2023	Updated Date: Oct 2025	Product Type: Market Research Report
Publisher: 6Wresearch	Author: Shubham Deep	No. of Pages: 60	No. of Figures: 30	No. of Tables: 5

Grenada Vinyl Flooring Market Top 5 Importing Countries and Market Competition (HHI) Analysis

The import shipments of vinyl flooring into Grenada have seen significant growth, with a high concentration of imports from top countries like the USA, Germany, China, Trinidad and Tobago, and Canada. The Herfindahl-Hirschman Index (HHI) indicates a very high concentration in 2024, reflecting a competitive market landscape. The Compound Annual Growth Rate (CAGR) from 2020 to 2024 is an impressive 31.31%, with a notable growth rate of 72.64% from 2023 to 2024. This suggests a robust demand for vinyl flooring in Grenada and highlights the strong performance of the import market in this sector.

Grenada Vinyl Flooring Market Overview

The vinyl flooring market in Grenada is gaining traction as the construction industry grows, driven by residential and commercial development. Vinyl flooring is an attractive choice due to its affordability, durability, and resistance to moisture, which is essential in Grenada`s humid climate. Luxury vinyl tiles (LVT) that replicate the look of wood or stone are increasingly popular. The market is expected to grow as the country invests in modernizing infrastructure.

Drivers of the market

The vinyl flooring market in Grenada is expanding due to the increasing demand for affordable, durable, and easy-to-maintain flooring solutions in residential, commercial, and hospitality sectors. Vinyl flooring is particularly popular in areas with high moisture exposure, such as bathrooms and kitchens, making it a preferred choice in Grenadas tropical climate. The rapid growth of the construction and renovation industries in both private and public sectors is also contributing to the rising demand for vinyl flooring, as it offers both aesthetic appeal and practical benefits at a lower cost.

Challenges of the market

The vinyl flooring market in Grenada faces challenges related to competition from other flooring materials such as tile, hardwood, and laminate. Consumers in Grenada are increasingly seeking sustainable and eco-friendly products, which pressures vinyl flooring manufacturers to adopt greener production practices, often at higher costs. Additionally, the market size is relatively small, limiting economies of scale and making it challenging for local businesses to compete with imported products. Import tariffs and fluctuating shipping costs further compound the issue, raising the price of vinyl flooring.

Government Policy of the market

The vinyl flooring market in Grenada is influenced by government policies focused on sustainable construction and residential development. Vinyl flooring is an affordable and eco-friendly alternative to traditional flooring materials, and the governments emphasis on promoting energy-efficient buildings and sustainable materials supports this market. Regulatory measures regarding indoor air quality and the safety of construction materials, such as ensuring low-VOC (volatile organic compound) emissions, drive the demand for compliant vinyl flooring solutions in Grenada.

Key Highlights of the Report:

Grenada Vinyl Flooring Market Outlook
Market Size of Grenada Vinyl Flooring Market, 2024
Forecast of Grenada Vinyl Flooring Market, 2031
Historical Data and Forecast of Grenada Vinyl Flooring Revenues & Volume for the Period 2021-2031
Grenada Vinyl Flooring Market Trend Evolution
Grenada Vinyl Flooring Market Drivers and Challenges
Grenada Vinyl Flooring Price Trends
Grenada Vinyl Flooring Porter`s Five Forces
Grenada Vinyl Flooring Industry Life Cycle
Historical Data and Forecast of Grenada Vinyl Flooring Market Revenues & Volume By Product for the Period 2021-2031
Historical Data and Forecast of Grenada Vinyl Flooring Market Revenues & Volume By Vinyl Sheets for the Period 2021-2031
Historical Data and Forecast of Grenada Vinyl Flooring Market Revenues & Volume By Vinyl Tiles for the Period 2021-2031
Historical Data and Forecast of Grenada Vinyl Flooring Market Revenues & Volume By Luxury Vinyl Tiles for the Period 2021-2031
Historical Data and Forecast of Grenada Vinyl Flooring Market Revenues & Volume By Application for the Period 2021-2031
Historical Data and Forecast of Grenada Vinyl Flooring Market Revenues & Volume By Residential for the Period 2021-2031
Historical Data and Forecast of Grenada Vinyl Flooring Market Revenues & Volume By Commercial for the Period 2021-2031
Grenada Vinyl Flooring Import Export Trade Statistics
Market Opportunity Assessment By Product
Market Opportunity Assessment By Application
Grenada Vinyl Flooring Top Companies Market Share
Grenada Vinyl Flooring Competitive Benchmarking By Technical and Operational Parameters
Grenada Vinyl Flooring Company Profiles
Grenada Vinyl Flooring 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 Vinyl Flooring Market Overview

3.1 Grenada Country Macro Economic Indicators

3.2 Grenada Vinyl Flooring Market Revenues & Volume, 2021 & 2031F

3.3 Grenada Vinyl Flooring Market - Industry Life Cycle

3.4 Grenada Vinyl Flooring Market - Porter's Five Forces

3.5 Grenada Vinyl Flooring Market Revenues & Volume Share, By Product, 2021 & 2031F

3.6 Grenada Vinyl Flooring Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Grenada Vinyl Flooring Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Grenada Vinyl Flooring Market Trends

6 Grenada Vinyl Flooring Market Segmentations

6.1 Grenada Vinyl Flooring Market, By Product

6.1.1 Overview and Analysis

6.1.2 Grenada Vinyl Flooring Market Revenues & Volume, By Vinyl Sheets, 2021-2031F

6.1.3 Grenada Vinyl Flooring Market Revenues & Volume, By Vinyl Tiles, 2021-2031F

6.1.4 Grenada Vinyl Flooring Market Revenues & Volume, By Luxury Vinyl Tiles, 2021-2031F

6.2 Grenada Vinyl Flooring Market, By Application

6.2.1 Overview and Analysis

6.2.2 Grenada Vinyl Flooring Market Revenues & Volume, By Residential, 2021-2031F

6.2.3 Grenada Vinyl Flooring Market Revenues & Volume, By Commercial, 2021-2031F

7 Grenada Vinyl Flooring Market Import-Export Trade Statistics

7.1 Grenada Vinyl Flooring Market Export to Major Countries

7.2 Grenada Vinyl Flooring Market Imports from Major Countries

8 Grenada Vinyl Flooring Market Key Performance Indicators

9 Grenada Vinyl Flooring Market - Opportunity Assessment

9.1 Grenada Vinyl Flooring Market Opportunity Assessment, By Product, 2021 & 2031F

9.2 Grenada Vinyl Flooring Market Opportunity Assessment, By Application, 2021 & 2031F

10 Grenada Vinyl Flooring Market - Competitive Landscape

10.1 Grenada Vinyl Flooring Market Revenue Share, By Companies, 2024

10.2 Grenada Vinyl Flooring Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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Export potential assessment - trade Analytics for 2030

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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