| Product Code: ETC9090335 | Publication Date: Sep 2024 | Updated Date: Dec 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Saint Vincent and the Grenadines continued to rely on steel drum imports in 2023, with top exporters including Germany, United Kingdom, United States of America, Brazil, and Trinidad and Tobago. The market remained highly concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). However, the industry experienced a significant decline, with a Compound Annual Growth Rate (CAGR) of -25.07% and a growth rate of -17.35%. This suggests a challenging environment for steel drum importers in the country, requiring strategic adjustments to navigate the market dynamics.
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 Steel Drum Market Overview |
3.1 Saint Vincent and the Grenadines Country Macro Economic Indicators |
3.2 Saint Vincent and the Grenadines Steel Drum Market Revenues & Volume, 2021 & 2031F |
3.3 Saint Vincent and the Grenadines Steel Drum Market - Industry Life Cycle |
3.4 Saint Vincent and the Grenadines Steel Drum Market - Porter's Five Forces |
3.5 Saint Vincent and the Grenadines Steel Drum Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
3.6 Saint Vincent and the Grenadines Steel Drum Market Revenues & Volume Share, By Head Type, 2021 & 2031F |
3.7 Saint Vincent and the Grenadines Steel Drum Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.8 Saint Vincent and the Grenadines Steel Drum Market Revenues & Volume Share, By End-Use Industry, 2021 & 2031F |
4 Saint Vincent and the Grenadines Steel Drum Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Cultural significance of steel drums in Saint Vincent and the Grenadines |
4.2.2 Growing popularity of Caribbean music globally |
4.2.3 Increasing tourism in the region |
4.3 Market Restraints |
4.3.1 Limited availability of skilled artisans for steel drum manufacturing |
4.3.2 Fluctuating raw material prices |
4.3.3 Competition from other musical instruments |
5 Saint Vincent and the Grenadines Steel Drum Market Trends |
6 Saint Vincent and the Grenadines Steel Drum Market, By Types |
6.1 Saint Vincent and the Grenadines Steel Drum Market, By Capacity |
6.1.1 Overview and Analysis |
6.1.2 Saint Vincent and the Grenadines Steel Drum Market Revenues & Volume, By Capacity, 2021- 2031F |
6.1.3 Saint Vincent and the Grenadines Steel Drum Market Revenues & Volume, By 55 Gallon Steel Drum, 2021- 2031F |
6.1.4 Saint Vincent and the Grenadines Steel Drum Market Revenues & Volume, By Other than 55 Gallon Steel Drum, 2021- 2031F |
6.2 Saint Vincent and the Grenadines Steel Drum Market, By Head Type |
6.2.1 Overview and Analysis |
6.2.2 Saint Vincent and the Grenadines Steel Drum Market Revenues & Volume, By Tight Head Steel Drum, 2021- 2031F |
6.2.3 Saint Vincent and the Grenadines Steel Drum Market Revenues & Volume, By Open Head Steel Drum, 2021- 2031F |
6.3 Saint Vincent and the Grenadines Steel Drum Market, By Material |
6.3.1 Overview and Analysis |
6.3.2 Saint Vincent and the Grenadines Steel Drum Market Revenues & Volume, By Carbon Steel, 2021- 2031F |
6.3.3 Saint Vincent and the Grenadines Steel Drum Market Revenues & Volume, By Stainless Steel, 2021- 2031F |
6.4 Saint Vincent and the Grenadines Steel Drum Market, By End-Use Industry |
6.4.1 Overview and Analysis |
6.4.2 Saint Vincent and the Grenadines Steel Drum Market Revenues & Volume, By Food & Beverages, 2021- 2031F |
6.4.3 Saint Vincent and the Grenadines Steel Drum Market Revenues & Volume, By Healthcare and Pharmaceuticals, 2021- 2031F |
6.4.4 Saint Vincent and the Grenadines Steel Drum Market Revenues & Volume, By Oils & Lubricants, 2021- 2031F |
6.4.5 Saint Vincent and the Grenadines Steel Drum Market Revenues & Volume, By Paints & Dyes, 2021- 2031F |
6.4.6 Saint Vincent and the Grenadines Steel Drum Market Revenues & Volume, By Chemicals and solvents, 2021- 2031F |
6.4.7 Saint Vincent and the Grenadines Steel Drum Market Revenues & Volume, By Building and construction, 2021- 2031F |
6.4.8 Saint Vincent and the Grenadines Steel Drum Market Revenues & Volume, By Others, 2021- 2031F |
6.4.9 Saint Vincent and the Grenadines Steel Drum Market Revenues & Volume, By Others, 2021- 2031F |
7 Saint Vincent and the Grenadines Steel Drum Market Import-Export Trade Statistics |
7.1 Saint Vincent and the Grenadines Steel Drum Market Export to Major Countries |
7.2 Saint Vincent and the Grenadines Steel Drum Market Imports from Major Countries |
8 Saint Vincent and the Grenadines Steel Drum Market Key Performance Indicators |
8.1 Number of steel drum workshops in operation |
8.2 Percentage of tourists participating in steel drum music experiences |
8.3 Level of government support for steel drum industry development |
9 Saint Vincent and the Grenadines Steel Drum Market - Opportunity Assessment |
9.1 Saint Vincent and the Grenadines Steel Drum Market Opportunity Assessment, By Capacity, 2021 & 2031F |
9.2 Saint Vincent and the Grenadines Steel Drum Market Opportunity Assessment, By Head Type, 2021 & 2031F |
9.3 Saint Vincent and the Grenadines Steel Drum Market Opportunity Assessment, By Material, 2021 & 2031F |
9.4 Saint Vincent and the Grenadines Steel Drum Market Opportunity Assessment, By End-Use Industry, 2021 & 2031F |
10 Saint Vincent and the Grenadines Steel Drum Market - Competitive Landscape |
10.1 Saint Vincent and the Grenadines Steel Drum Market Revenue Share, By Companies, 2024 |
10.2 Saint Vincent and the Grenadines Steel Drum Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |