| Product Code: ETC5370899 | Publication Date: Nov 2023 | Updated Date: Dec 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2023, Saint Vincent and the Grenadines witnessed a significant increase in hardware imports, with top exporters being the United States of America, United Kingdom, China, Spain, and Barbados. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), shifted from high to very high concentration, indicating a potential shift in market dynamics. With a remarkable Compound Annual Growth Rate (CAGR) of 26.86% and a growth rate of 55.13%, the hardware import sector in the country is experiencing rapid expansion and strong demand for products from these key exporting countries.

By 2027, St. Vincent and the Grenadines's Hardware market is forecasted to achieve a stable growth rate of 1.89%, with United States of America leading the North America region, followed by Canada, Trinidad and Tobago, Jamaica and Bahamas.

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 Saint Vincent and the Grenadines Hardware Market Overview |
3.1 Saint Vincent and the Grenadines Country Macro Economic Indicators |
3.2 Saint Vincent and the Grenadines Hardware Market Revenues & Volume, 2021 & 2031F |
3.3 Saint Vincent and the Grenadines Hardware Market - Industry Life Cycle |
3.4 Saint Vincent and the Grenadines Hardware Market - Porter's Five Forces |
3.5 Saint Vincent and the Grenadines Hardware Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Saint Vincent and the Grenadines Hardware Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the construction industry in Saint Vincent and the Grenadines |
4.2.2 Increasing demand for home renovation and improvement projects |
4.2.3 Government initiatives to promote infrastructure development in the country |
4.3 Market Restraints |
4.3.1 Economic instability or fluctuations in the region |
4.3.2 Limited availability of skilled labor in the construction sector |
4.3.3 Import restrictions or tariffs affecting the cost of hardware products |
5 Saint Vincent and the Grenadines Hardware Market Trends |
6 Saint Vincent and the Grenadines Hardware Market Segmentations |
6.1 Saint Vincent and the Grenadines Hardware Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Saint Vincent and the Grenadines Hardware Market Revenues & Volume, By Furniture Hardware, 2021-2031F |
6.1.3 Saint Vincent and the Grenadines Hardware Market Revenues & Volume, By Motor Vehicle Hardware, 2021-2031F |
6.1.4 Saint Vincent and the Grenadines Hardware Market Revenues & Volume, By Builder`s Hardware, 2021-2031F |
6.1.5 Saint Vincent and the Grenadines Hardware Market Revenues & Volume, By Other Hardware, 2021-2031F |
7 Saint Vincent and the Grenadines Hardware Market Import-Export Trade Statistics |
7.1 Saint Vincent and the Grenadines Hardware Market Export to Major Countries |
7.2 Saint Vincent and the Grenadines Hardware Market Imports from Major Countries |
8 Saint Vincent and the Grenadines Hardware Market Key Performance Indicators |
8.1 Number of building permits issued in Saint Vincent and the Grenadines |
8.2 Average household income levels in the country |
8.3 Consumer confidence index specific to the hardware and construction industry in Saint Vincent and the Grenadines |
9 Saint Vincent and the Grenadines Hardware Market - Opportunity Assessment |
9.1 Saint Vincent and the Grenadines Hardware Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Saint Vincent and the Grenadines Hardware Market - Competitive Landscape |
10.1 Saint Vincent and the Grenadines Hardware Market Revenue Share, By Companies, 2024 |
10.2 Saint Vincent and the Grenadines Hardware Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |