| Product Code: ETC7384017 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Grenada`s wire rope sling import market continued to see strong growth in 2024, with top exporting countries being China, Mexico, USA, Panama, and Netherlands. The high Herfindahl-Hirschman Index (HHI) reflects a concentrated market, indicating potential challenges for market competitiveness. The impressive compound annual growth rate (CAGR) of 20.04% from 2020 to 2024 signifies sustained demand and market expansion. Furthermore, the notable growth rate of 57.28% in 2024 suggests a thriving market environment with increasing import shipments, presenting opportunities for stakeholders in the wire rope sling industry.
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 Wire Rope Sling Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Wire Rope Sling Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Wire Rope Sling Market - Industry Life Cycle |
3.4 Grenada Wire Rope Sling Market - Porter's Five Forces |
3.5 Grenada Wire Rope Sling Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Wire Rope Sling Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Wire Rope Sling Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Wire Rope Sling Market Trends |
6 Grenada Wire Rope Sling Market, By Types |
6.1 Grenada Wire Rope Sling Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Wire Rope Sling Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Wire Rope Sling Market Revenues & Volume, By Pressed Wire Rope Sling, 2021- 2031F |
6.1.4 Grenada Wire Rope Sling Market Revenues & Volume, By Insert Wire Rope Sling, 2021- 2031F |
6.1.5 Grenada Wire Rope Sling Market Revenues & Volume, By Cast Wire Rope Sling, 2021- 2031F |
6.1.6 Grenada Wire Rope Sling Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Grenada Wire Rope Sling Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Wire Rope Sling Market Revenues & Volume, By Oil & Gas, 2021- 2031F |
6.2.3 Grenada Wire Rope Sling Market Revenues & Volume, By Construction & Industrial Lifting, 2021- 2031F |
6.2.4 Grenada Wire Rope Sling Market Revenues & Volume, By Other, 2021- 2031F |
7 Grenada Wire Rope Sling Market Import-Export Trade Statistics |
7.1 Grenada Wire Rope Sling Market Export to Major Countries |
7.2 Grenada Wire Rope Sling Market Imports from Major Countries |
8 Grenada Wire Rope Sling Market Key Performance Indicators |
9 Grenada Wire Rope Sling Market - Opportunity Assessment |
9.1 Grenada Wire Rope Sling Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Wire Rope Sling Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Wire Rope Sling Market - Competitive Landscape |
10.1 Grenada Wire Rope Sling Market Revenue Share, By Companies, 2024 |
10.2 Grenada Wire Rope Sling 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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