| Product Code: ETC5810657 | 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 |
The Grenada bottled water testing equipment import market in 2024 saw significant contributions from top exporting countries including the USA, Trinidad and Tobago, China, Hong Kong, and India. Despite a high Herfindahl-Hirschman Index (HHI) indicating market concentration, the industry experienced a slight decline with a Compound Annual Growth Rate (CAGR) of -2.51% from 2020 to 2024. Moreover, the growth rate from 2023 to 2024 showed a notable decrease of -15.64%, highlighting potential shifts and challenges within the market that importers and stakeholders should consider for future strategies.
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 Bottled Water Testing Equipment Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Bottled Water Testing Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Bottled Water Testing Equipment Market - Industry Life Cycle |
3.4 Grenada Bottled Water Testing Equipment Market - Porter's Five Forces |
3.5 Grenada Bottled Water Testing Equipment Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Grenada Bottled Water Testing Equipment Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.7 Grenada Bottled Water Testing Equipment Market Revenues & Volume Share, By Test Type, 2021 & 2031F |
4 Grenada Bottled Water Testing Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness regarding water quality and safety |
4.2.2 Stringent regulations and standards for water testing in Grenada |
4.2.3 Growing demand for bottled water due to health consciousness |
4.3 Market Restraints |
4.3.1 High initial investment required for purchasing testing equipment |
4.3.2 Limited technical expertise and resources for testing among smaller businesses |
5 Grenada Bottled Water Testing Equipment Market Trends |
6 Grenada Bottled Water Testing Equipment Market Segmentations |
6.1 Grenada Bottled Water Testing Equipment Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Grenada Bottled Water Testing Equipment Market Revenues & Volume, By Traditional, 2021-2031F |
6.1.3 Grenada Bottled Water Testing Equipment Market Revenues & Volume, By Rapid, 2021-2031F |
6.2 Grenada Bottled Water Testing Equipment Market, By Component |
6.2.1 Overview and Analysis |
6.2.2 Grenada Bottled Water Testing Equipment Market Revenues & Volume, By Instruments, 2021-2031F |
6.2.3 Grenada Bottled Water Testing Equipment Market Revenues & Volume, By Consumables & Reagents, 2021-2031F |
6.2.4 Grenada Bottled Water Testing Equipment Market Revenues & Volume, By Reference Material, 2021-2031F |
6.3 Grenada Bottled Water Testing Equipment Market, By Test Type |
6.3.1 Overview and Analysis |
6.3.2 Grenada Bottled Water Testing Equipment Market Revenues & Volume, By Microbiological, 2021-2031F |
6.3.3 Grenada Bottled Water Testing Equipment Market Revenues & Volume, By Chemical, 2021-2031F |
6.3.4 Grenada Bottled Water Testing Equipment Market Revenues & Volume, By Physical, 2021-2031F |
6.3.5 Grenada Bottled Water Testing Equipment Market Revenues & Volume, By Radiological, 2021-2031F |
7 Grenada Bottled Water Testing Equipment Market Import-Export Trade Statistics |
7.1 Grenada Bottled Water Testing Equipment Market Export to Major Countries |
7.2 Grenada Bottled Water Testing Equipment Market Imports from Major Countries |
8 Grenada Bottled Water Testing Equipment Market Key Performance Indicators |
8.1 Compliance rate with water quality regulations in Grenada |
8.2 Number of new bottled water producers entering the market |
8.3 Adoption rate of advanced testing technologies by existing businesses |
9 Grenada Bottled Water Testing Equipment Market - Opportunity Assessment |
9.1 Grenada Bottled Water Testing Equipment Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Grenada Bottled Water Testing Equipment Market Opportunity Assessment, By Component, 2021 & 2031F |
9.3 Grenada Bottled Water Testing Equipment Market Opportunity Assessment, By Test Type, 2021 & 2031F |
10 Grenada Bottled Water Testing Equipment Market - Competitive Landscape |
10.1 Grenada Bottled Water Testing Equipment Market Revenue Share, By Companies, 2024 |
10.2 Grenada Bottled Water Testing Equipment 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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