| Product Code: ETC5079841 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
In 2024, Grenada continued to rely heavily on imports of grinding wheels and abrasive stones, with the top exporting countries being the USA, Trinidad and Tobago, UK, Germany, and Canada. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite a modest compound annual growth rate (CAGR) of 1.79% from 2020 to 2024, the sharp decline in growth rate from 2023 to 2024 at -64.95% suggests a significant shift or external factor impacting the import market for these products in Grenada. Continued monitoring and analysis are crucial to understand and navigate these changes effectively.
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 Grinding Wheels and Abrasive Stones Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Grinding Wheels and Abrasive Stones Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Grinding Wheels and Abrasive Stones Market - Industry Life Cycle |
3.4 Grenada Grinding Wheels and Abrasive Stones Market - Porter's Five Forces |
3.5 Grenada Grinding Wheels and Abrasive Stones Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Grinding Wheels and Abrasive Stones Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Grenada Grinding Wheels and Abrasive Stones Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for precision grinding in industries such as automotive, aerospace, and manufacturing |
4.2.2 Growth in the construction and infrastructure sectors leading to higher demand for abrasive stones and grinding wheels |
4.2.3 Advancements in technology leading to the development of high-performance grinding tools |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Intense competition from global and local manufacturers affecting pricing strategies and profit margins |
4.3.3 Environmental regulations and sustainability concerns influencing manufacturing processes and materials used |
5 Grenada Grinding Wheels and Abrasive Stones Market Trends |
6 Grenada Grinding Wheels and Abrasive Stones Market Segmentations |
6.1 Grenada Grinding Wheels and Abrasive Stones Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Grinding Wheels and Abrasive Stones Market Revenues & Volume, By Grinding Wheels, 2021-2031F |
6.1.3 Grenada Grinding Wheels and Abrasive Stones Market Revenues & Volume, By Abrasive Stones, 2021-2031F |
6.2 Grenada Grinding Wheels and Abrasive Stones Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Grenada Grinding Wheels and Abrasive Stones Market Revenues & Volume, By Transport Industry, 2021-2031F |
6.2.3 Grenada Grinding Wheels and Abrasive Stones Market Revenues & Volume, By Construction, 2021-2031F |
6.2.4 Grenada Grinding Wheels and Abrasive Stones Market Revenues & Volume, By Bearing & Machinery, 2021-2031F |
6.2.5 Grenada Grinding Wheels and Abrasive Stones Market Revenues & Volume, By Steel Industry, 2021-2031F |
6.2.6 Grenada Grinding Wheels and Abrasive Stones Market Revenues & Volume, By Other, 2021-2031F |
7 Grenada Grinding Wheels and Abrasive Stones Market Import-Export Trade Statistics |
7.1 Grenada Grinding Wheels and Abrasive Stones Market Export to Major Countries |
7.2 Grenada Grinding Wheels and Abrasive Stones Market Imports from Major Countries |
8 Grenada Grinding Wheels and Abrasive Stones Market Key Performance Indicators |
8.1 Average order value per customer indicating the value derived from each customer relationship |
8.2 Percentage of repeat customers showcasing customer loyalty and satisfaction with the products |
8.3 Quality control metrics such as defect rate and rejection rates to ensure consistent product quality and customer satisfaction |
9 Grenada Grinding Wheels and Abrasive Stones Market - Opportunity Assessment |
9.1 Grenada Grinding Wheels and Abrasive Stones Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Grinding Wheels and Abrasive Stones Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Grenada Grinding Wheels and Abrasive Stones Market - Competitive Landscape |
10.1 Grenada Grinding Wheels and Abrasive Stones Market Revenue Share, By Companies, 2024 |
10.2 Grenada Grinding Wheels and Abrasive Stones Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |