| Product Code: ETC4975037 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Grenada continued to show a strong reliance on household cooking appliance imports, with top exporters being the USA, Panama, UK, Germany, and Italy. Despite a slight decline in growth rate from 2023 to 2024, the Compound Annual Growth Rate (CAGR) from 2020 to 2024 remained robust at 7.91%. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, which may present challenges and opportunities for both importers and domestic manufacturers in Grenada`s cooking appliance industry.
The household cooking appliances market in Grenada is seeing robust growth, particularly for products such as electric stoves, rice cookers, and blenders. With the growing middle-class population and a shift towards modern cooking solutions, consumers are investing in advanced kitchen technologies that offer convenience, efficiency, and energy savings.
The household cooking appliances market in Grenada is expanding as cooking at home becomes a preferred choice for many individuals. Factors such as the increasing preference for healthy eating, combined with a growing interest in cooking as a hobby, are encouraging consumers to invest in modern kitchen appliances like air fryers, smart ovens, and blenders. The availability of advanced features in these appliances, such as energy efficiency, ease of use, and multi-functionality, further drives demand. Additionally, the expanding tourism sector fuels the market by introducing new culinary trends and international cuisine preferences.
The household cooking appliance market in Grenada faces challenges related to affordability and limited demand. While basic cooking appliances such as stoves and ovens are necessary in most households, the high cost of more advanced cooking appliances limits their adoption. Additionally, many households in Grenada use alternative cooking methods, such as traditional stoves or open flames, which reduces the demand for electric cooking appliances.
The household cooking appliance market in Grenada is experiencing growth due to rising disposable incomes and a shift toward modern cooking technologies. The governments support for energy-efficient appliances and improved infrastructure is contributing to the growth of this market. As more households adopt modern cooking solutions like electric stoves and microwave ovens, the market for household cooking appliances continues to expand.
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 Household Cooking Appliance Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Household Cooking Appliance Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Household Cooking Appliance Market - Industry Life Cycle |
3.4 Grenada Household Cooking Appliance Market - Porter's Five Forces |
3.5 Grenada Household Cooking Appliance Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Grenada Household Cooking Appliance Market Revenues & Volume Share, By Structure, 2021 & 2031F |
3.7 Grenada Household Cooking Appliance Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Grenada Household Cooking Appliance Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Household Cooking Appliance Market Trends |
6 Grenada Household Cooking Appliance Market Segmentations |
6.1 Grenada Household Cooking Appliance Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Grenada Household Cooking Appliance Market Revenues & Volume, By Cooktops & Cooking Ranges, 2021-2031F |
6.1.3 Grenada Household Cooking Appliance Market Revenues & Volume, By Ovens, 2021-2031F |
6.1.4 Grenada Household Cooking Appliance Market Revenues & Volume, By Specialized Appliances, 2021-2031F |
6.2 Grenada Household Cooking Appliance Market, By Structure |
6.2.1 Overview and Analysis |
6.2.2 Grenada Household Cooking Appliance Market Revenues & Volume, By Built-in, 2021-2031F |
6.2.3 Grenada Household Cooking Appliance Market Revenues & Volume, By Freestanding, 2021-2031F |
6.3 Grenada Household Cooking Appliance Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Grenada Household Cooking Appliance Market Revenues & Volume, By Brick & Mortar, 2021-2031F |
6.3.3 Grenada Household Cooking Appliance Market Revenues & Volume, By E-commerce, 2021-2031F |
7 Grenada Household Cooking Appliance Market Import-Export Trade Statistics |
7.1 Grenada Household Cooking Appliance Market Export to Major Countries |
7.2 Grenada Household Cooking Appliance Market Imports from Major Countries |
8 Grenada Household Cooking Appliance Market Key Performance Indicators |
9 Grenada Household Cooking Appliance Market - Opportunity Assessment |
9.1 Grenada Household Cooking Appliance Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Grenada Household Cooking Appliance Market Opportunity Assessment, By Structure, 2021 & 2031F |
9.3 Grenada Household Cooking Appliance Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Grenada Household Cooking Appliance Market - Competitive Landscape |
10.1 Grenada Household Cooking Appliance Market Revenue Share, By Companies, 2024 |
10.2 Grenada Household Cooking Appliance Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |