| Product Code: ETC5238244 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Grenada continued to rely on key suppliers such as the USA, Hong Kong, Germany, Curaçao, and Trinidad and Tobago for wood working equipment imports. Despite a negative CAGR of -1.89% from 2020 to 2024 and a further decline in growth rate of -6.7% from 2023 to 2024, the high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Grenada`s wood working equipment import sector may benefit from diversifying sources and strategies to mitigate further declines and enhance market competitiveness in the coming years.
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 Wood Working Equipment Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Wood Working Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Wood Working Equipment Market - Industry Life Cycle |
3.4 Grenada Wood Working Equipment Market - Porter's Five Forces |
3.5 Grenada Wood Working Equipment Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Wood Working Equipment Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Wood Working Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for customized wood products |
4.2.2 Increasing adoption of advanced woodworking technologies |
4.2.3 Government initiatives to promote the woodworking industry in Grenada |
4.3 Market Restraints |
4.3.1 High initial investment costs for wood working equipment |
4.3.2 Limited availability of skilled labor in the woodworking sector in Grenada |
5 Grenada Wood Working Equipment Market Trends |
6 Grenada Wood Working Equipment Market Segmentations |
6.1 Grenada Wood Working Equipment Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Wood Working Equipment Market Revenues & Volume, By Lathe, 2021-2031F |
6.1.3 Grenada Wood Working Equipment Market Revenues & Volume, By Planer, 2021-2031F |
6.1.4 Grenada Wood Working Equipment Market Revenues & Volume, By Saw, 2021-2031F |
6.1.5 Grenada Wood Working Equipment Market Revenues & Volume, By Others, 2021-2031F |
6.2 Grenada Wood Working Equipment Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Wood Working Equipment Market Revenues & Volume, By Furniture, 2021-2031F |
6.2.3 Grenada Wood Working Equipment Market Revenues & Volume, By Construction, 2021-2031F |
6.2.4 Grenada Wood Working Equipment Market Revenues & Volume, By Others, 2021-2031F |
7 Grenada Wood Working Equipment Market Import-Export Trade Statistics |
7.1 Grenada Wood Working Equipment Market Export to Major Countries |
7.2 Grenada Wood Working Equipment Market Imports from Major Countries |
8 Grenada Wood Working Equipment Market Key Performance Indicators |
8.1 Percentage increase in utilization of advanced woodworking technologies |
8.2 Number of woodworking businesses adopting sustainable practices |
8.3 Growth in the export of wood products from Grenada |
9 Grenada Wood Working Equipment Market - Opportunity Assessment |
9.1 Grenada Wood Working Equipment Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Wood Working Equipment Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Wood Working Equipment Market - Competitive Landscape |
10.1 Grenada Wood Working Equipment Market Revenue Share, By Companies, 2024 |
10.2 Grenada Wood Working Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |