| Product Code: ETC7374954 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Grenada`s import shipments of mineral wool ceiling tiles continued to be dominated by Lebanon, Trinidad and Tobago, Canada, UAE, and the USA. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite a slight decline in the compound annual growth rate (CAGR) from 2020 to 2024 at -1.01%, the strong growth rate of 24.45% from 2023 to 2024 suggests a potential uptick in demand. Grenada`s reliance on these key exporting countries highlights the importance of monitoring global market trends and diversifying import sources for mineral wool ceiling tiles.
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 Mineral Wool ceiling Tiles Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Mineral Wool ceiling Tiles Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Mineral Wool ceiling Tiles Market - Industry Life Cycle |
3.4 Grenada Mineral Wool ceiling Tiles Market - Porter's Five Forces |
3.5 Grenada Mineral Wool ceiling Tiles Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Mineral Wool ceiling Tiles Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient and sustainable building materials |
4.2.2 Growth in the construction industry in Grenada |
4.2.3 Advantages of mineral wool ceiling tiles such as fire resistance and sound absorption |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices |
4.3.2 Competition from alternative ceiling tile materials |
4.3.3 Slowdown in the overall economy affecting construction projects |
5 Grenada Mineral Wool ceiling Tiles Market Trends |
6 Grenada Mineral Wool ceiling Tiles Market, By Types |
6.1 Grenada Mineral Wool ceiling Tiles Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Grenada Mineral Wool ceiling Tiles Market Revenues & Volume, By Application, 2021- 2031F |
6.1.3 Grenada Mineral Wool ceiling Tiles Market Revenues & Volume, By Residential, 2021- 2031F |
6.1.4 Grenada Mineral Wool ceiling Tiles Market Revenues & Volume, By Non-Residential, 2021- 2031F |
7 Grenada Mineral Wool ceiling Tiles Market Import-Export Trade Statistics |
7.1 Grenada Mineral Wool ceiling Tiles Market Export to Major Countries |
7.2 Grenada Mineral Wool ceiling Tiles Market Imports from Major Countries |
8 Grenada Mineral Wool ceiling Tiles Market Key Performance Indicators |
8.1 Energy efficiency ratings of buildings using mineral wool ceiling tiles |
8.2 Number of new construction projects specifying mineral wool ceiling tiles |
8.3 Percentage increase in adoption of mineral wool ceiling tiles in Grenada's construction sector |
9 Grenada Mineral Wool ceiling Tiles Market - Opportunity Assessment |
9.1 Grenada Mineral Wool ceiling Tiles Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Mineral Wool ceiling Tiles Market - Competitive Landscape |
10.1 Grenada Mineral Wool ceiling Tiles Market Revenue Share, By Companies, 2024 |
10.2 Grenada Mineral Wool ceiling Tiles 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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