| Product Code: ETC5366456 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Grenada continued to rely heavily on imports of paving blocks, with Trinidad and Tobago, Saint Vincent and the Grenadines, USA, Saint Lucia, and Jamaica being the top exporting countries. Despite a high concentration level indicated by the Herfindahl-Hirschman Index (HHI), the industry experienced a significant decline with a compound annual growth rate (CAGR) of -10.63% from 2020 to 2024. The negative growth trend persisted in 2024, with a steep decline of -25.27% compared to the previous year, signaling challenges and potential shifts in the market dynamics for paving blocks import shipments in Grenada.
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 Paving Blocks Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Paving Blocks Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Paving Blocks Market - Industry Life Cycle |
3.4 Grenada Paving Blocks Market - Porter's Five Forces |
3.5 Grenada Paving Blocks Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Grenada Paving Blocks Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Grenada Paving Blocks Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 Grenada Paving Blocks Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for sustainable and eco-friendly construction materials |
4.2.2 Growth in urbanization and infrastructure development projects |
4.2.3 Rising focus on aesthetics and landscaping in residential and commercial construction |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices, such as cement and aggregates |
4.3.2 Lack of skilled labor for installation and maintenance of paving blocks |
4.3.3 Regulatory challenges related to environmental compliance and waste management |
5 Grenada Paving Blocks Market Trends |
6 Grenada Paving Blocks Market Segmentations |
6.1 Grenada Paving Blocks Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Grenada Paving Blocks Market Revenues & Volume, By Pavers, 2021-2031F |
6.1.3 Grenada Paving Blocks Market Revenues & Volume, By Glazed Clay Bricks, 2021-2031F |
6.1.4 Grenada Paving Blocks Market Revenues & Volume, By Wall Block, 2021-2031F |
6.2 Grenada Paving Blocks Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Grenada Paving Blocks Market Revenues & Volume, By Clay, 2021-2031F |
6.2.3 Grenada Paving Blocks Market Revenues & Volume, By Building Bricks, 2021-2031F |
6.2.4 Grenada Paving Blocks Market Revenues & Volume, By Concrete, 2021-2031F |
6.3 Grenada Paving Blocks Market, By End-users |
6.3.1 Overview and Analysis |
6.3.2 Grenada Paving Blocks Market Revenues & Volume, By General, 2021-2031F |
6.3.3 Grenada Paving Blocks Market Revenues & Volume, By Structural, 2021-2031F |
6.3.4 Grenada Paving Blocks Market Revenues & Volume, By Hardscaping, 2021-2031F |
6.3.5 Grenada Paving Blocks Market Revenues & Volume, By Siding, 2021-2031F |
6.3.6 Grenada Paving Blocks Market Revenues & Volume, By Fireplace, 2021-2031F |
6.3.7 Grenada Paving Blocks Market Revenues & Volume, By Other, 2021-2031F |
7 Grenada Paving Blocks Market Import-Export Trade Statistics |
7.1 Grenada Paving Blocks Market Export to Major Countries |
7.2 Grenada Paving Blocks Market Imports from Major Countries |
8 Grenada Paving Blocks Market Key Performance Indicators |
8.1 Average project size using paving blocks |
8.2 Number of new infrastructure projects utilizing paving blocks |
8.3 Percentage of repeat customers in the paving blocks market |
9 Grenada Paving Blocks Market - Opportunity Assessment |
9.1 Grenada Paving Blocks Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Grenada Paving Blocks Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Grenada Paving Blocks Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 Grenada Paving Blocks Market - Competitive Landscape |
10.1 Grenada Paving Blocks Market Revenue Share, By Companies, 2024 |
10.2 Grenada Paving Blocks 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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