| Product Code: ETC7367832 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Grenada`s cordless power tools import market in 2024 continued to be dominated by key players such as the USA, China, Germany, Trinidad and Tobago, and Brazil. Despite a slight decline in growth rate from 2023 to 2024, the industry maintained a high level of market concentration, as indicated by the Herfindahl-Hirschman Index (HHI). With a strong compound annual growth rate (CAGR) of 16.26% from 2020 to 2024, the import shipments of cordless power tools in Grenada are expected to remain robust and attractive to exporters 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 Cordless Power Tools Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Cordless Power Tools Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Cordless Power Tools Market - Industry Life Cycle |
3.4 Grenada Cordless Power Tools Market - Porter's Five Forces |
3.5 Grenada Cordless Power Tools Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
4 Grenada Cordless Power Tools Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Cordless Power Tools Market Trends |
6 Grenada Cordless Power Tools Market, By Types |
6.1 Grenada Cordless Power Tools Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Cordless Power Tools Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Grenada Cordless Power Tools Market Revenues & Volume, By Drills, 2021- 2031F |
6.1.4 Grenada Cordless Power Tools Market Revenues & Volume, By Impact Drivers, 2021- 2031F |
6.1.5 Grenada Cordless Power Tools Market Revenues & Volume, By Impact Wrenches, 2021- 2031F |
6.1.6 Grenada Cordless Power Tools Market Revenues & Volume, By Screwdrivers, 2021- 2031F |
6.1.7 Grenada Cordless Power Tools Market Revenues & Volume, By Jigsaws, 2021- 2031F |
6.1.8 Grenada Cordless Power Tools Market Revenues & Volume, By Multi-cutters, 2021- 2031F |
6.1.9 Grenada Cordless Power Tools Market Revenues & Volume, By Angle Grinders, 2021- 2031F |
6.1.10 Grenada Cordless Power Tools Market Revenues & Volume, By Angle Grinders, 2021- 2031F |
7 Grenada Cordless Power Tools Market Import-Export Trade Statistics |
7.1 Grenada Cordless Power Tools Market Export to Major Countries |
7.2 Grenada Cordless Power Tools Market Imports from Major Countries |
8 Grenada Cordless Power Tools Market Key Performance Indicators |
9 Grenada Cordless Power Tools Market - Opportunity Assessment |
9.1 Grenada Cordless Power Tools Market Opportunity Assessment, By Product Type, 2021 & 2031F |
10 Grenada Cordless Power Tools Market - Competitive Landscape |
10.1 Grenada Cordless Power Tools Market Revenue Share, By Companies, 2024 |
10.2 Grenada Cordless Power Tools Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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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