| Product Code: ETC7383466 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Grenada continued to see a strong demand for vinyl electrical tapes, with top exporting countries being the USA, Trinidad and Tobago, UK, Canada, and Jamaica. Despite a slight decrease in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) from 2020 to 2024 remained impressive at 20.42%. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, suggesting potential opportunities for market players to further penetrate and expand their presence in Grenada`s vinyl electrical tapes market.
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 Vinyl Electrical Tapes Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Vinyl Electrical Tapes Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Vinyl Electrical Tapes Market - Industry Life Cycle |
3.4 Grenada Vinyl Electrical Tapes Market - Porter's Five Forces |
3.5 Grenada Vinyl Electrical Tapes Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Vinyl Electrical Tapes Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Vinyl Electrical Tapes Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for electrical tapes in the construction industry in Grenada |
4.2.2 Growing emphasis on electrical safety and insulation measures |
4.2.3 Expansion of the electrical and electronics manufacturing sector in Grenada |
4.3 Market Restraints |
4.3.1 Price volatility of raw materials used in vinyl electrical tapes production |
4.3.2 Competition from alternative insulation materials |
4.3.3 Regulatory challenges in the electrical tapes market |
5 Grenada Vinyl Electrical Tapes Market Trends |
6 Grenada Vinyl Electrical Tapes Market, By Types |
6.1 Grenada Vinyl Electrical Tapes Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Vinyl Electrical Tapes Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Vinyl Electrical Tapes Market Revenues & Volume, By Cloth Electrical Tape, 2021- 2031F |
6.1.4 Grenada Vinyl Electrical Tapes Market Revenues & Volume, By PVC Electrical Tape, 2021- 2031F |
6.1.5 Grenada Vinyl Electrical Tapes Market Revenues & Volume, By PET Electrical Tape, 2021- 2031F |
6.1.6 Grenada Vinyl Electrical Tapes Market Revenues & Volume, By Other, 2021- 2031F |
6.2 Grenada Vinyl Electrical Tapes Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Vinyl Electrical Tapes Market Revenues & Volume, By Electrical and Electronics, 2021- 2031F |
6.2.3 Grenada Vinyl Electrical Tapes Market Revenues & Volume, By Communication Industry, 2021- 2031F |
6.2.4 Grenada Vinyl Electrical Tapes Market Revenues & Volume, By Auto Industry, 2021- 2031F |
6.2.5 Grenada Vinyl Electrical Tapes Market Revenues & Volume, By Aerospace, 2021- 2031F |
6.2.6 Grenada Vinyl Electrical Tapes Market Revenues & Volume, By Other, 2021- 2031F |
7 Grenada Vinyl Electrical Tapes Market Import-Export Trade Statistics |
7.1 Grenada Vinyl Electrical Tapes Market Export to Major Countries |
7.2 Grenada Vinyl Electrical Tapes Market Imports from Major Countries |
8 Grenada Vinyl Electrical Tapes Market Key Performance Indicators |
8.1 Percentage of construction projects using vinyl electrical tapes in Grenada |
8.2 Number of electrical safety incidents reported in Grenada |
8.4 Average lifespan of vinyl electrical tapes used in Grenada |
8.5 Adoption rate of vinyl electrical tapes in the industrial sector of Grenada |
9 Grenada Vinyl Electrical Tapes Market - Opportunity Assessment |
9.1 Grenada Vinyl Electrical Tapes Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Vinyl Electrical Tapes Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Vinyl Electrical Tapes Market - Competitive Landscape |
10.1 Grenada Vinyl Electrical Tapes Market Revenue Share, By Companies, 2024 |
10.2 Grenada Vinyl Electrical Tapes 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.
To discover high-growth global markets and optimize your business strategy:
Click Here