| Product Code: ETC5704656 | 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 on imports of ceramic sanitary ware, with top exporters being the USA, Trinidad and Tobago, China, UK, and Hong Kong. The market concentration, as indicated by the Herfindahl-Hirschman Index (HHI), remained high in 2024. Despite a respectable compound annual growth rate (CAGR) of 5.35% from 2020 to 2024, there was a concerning decline in growth rate from 2023 to 2024 at -12.45%. This suggests a potential slowdown in market demand or other influencing factors impacting the import shipments of ceramic sanitary ware into Grenada.
The Grenada Ceramic Sanitary Ware Market is thriving, supported by construction growth and rising standards of living. Ceramic sanitary ware is valued for its durability, hygiene, and aesthetic appeal, with manufacturers focusing on innovative designs and eco-friendly production methods.
The expansion of the construction and real estate industries in Grenada is driving the demand for Ceramic Sanitary Ware. Ceramic sanitary ware offers durability, ease of maintenance, and aesthetic appeal, making it a popular choice in residential and commercial spaces. Additionally, rising disposable incomes and growing urbanization are contributing to the increased demand for high-quality sanitary products.
The Grenada ceramic sanitary ware market is faced with challenges regarding raw material costs, environmental regulations, and market competition. Ceramic sanitary ware products, such as toilets, sinks, and bathtubs, are widely used in residential and commercial sectors. However, the market is impacted by rising raw material costs and the increasing complexity of manufacturing processes. Moreover, stricter environmental regulations and sustainability concerns are pushing manufacturers to explore eco-friendly alternatives and reduce emissions during production. The market is also affected by intense competition from other materials, such as vitreous china and porcelain, which often offer similar quality at a lower cost.
The ceramic sanitary ware market in Grenada benefits from policies promoting affordable housing and sustainable construction. Incentives for eco-friendly manufacturing processes and support for local production facilities have strengthened this sector.
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 Ceramic Sanitary Ware Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Ceramic Sanitary Ware Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Ceramic Sanitary Ware Market - Industry Life Cycle |
3.4 Grenada Ceramic Sanitary Ware Market - Porter's Five Forces |
3.5 Grenada Ceramic Sanitary Ware Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Ceramic Sanitary Ware Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Ceramic Sanitary Ware Market Revenues & Volume Share, By Technology, 2021 & 2031F |
4 Grenada Ceramic Sanitary Ware Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for modern and aesthetically pleasing bathroom fixtures |
4.2.2 Growing construction and real estate development activities in Grenada |
4.2.3 Rising disposable income and changing consumer lifestyles favoring premium sanitary ware products |
4.3 Market Restraints |
4.3.1 High import tariffs on ceramic sanitary ware impacting pricing and affordability |
4.3.2 Competition from alternative materials like stainless steel and fiberglass |
4.3.3 Limited awareness and preference for ceramic sanitary ware among certain consumer segments |
5 Grenada Ceramic Sanitary Ware Market Trends |
6 Grenada Ceramic Sanitary Ware Market Segmentations |
6.1 Grenada Ceramic Sanitary Ware Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Ceramic Sanitary Ware Market Revenues & Volume, By Toilet sinks/Water closets, 2021-2031F |
6.1.3 Grenada Ceramic Sanitary Ware Market Revenues & Volume, By Washbasins, 2021-2031F |
6.2 Grenada Ceramic Sanitary Ware Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Ceramic Sanitary Ware Market Revenues & Volume, By Commercial, 2021-2031F |
6.2.3 Grenada Ceramic Sanitary Ware Market Revenues & Volume, By Residential, 2021-2031F |
6.3 Grenada Ceramic Sanitary Ware Market, By Technology |
6.3.1 Overview and Analysis |
6.3.2 Grenada Ceramic Sanitary Ware Market Revenues & Volume, By Slip casting, 2021-2031F |
6.3.3 Grenada Ceramic Sanitary Ware Market Revenues & Volume, By Pressure casting, 2021-2031F |
6.3.4 Grenada Ceramic Sanitary Ware Market Revenues & Volume, By Tape casting, 2021-2031F |
6.3.5 Grenada Ceramic Sanitary Ware Market Revenues & Volume, By Isostatic casting, 2021-2031F |
7 Grenada Ceramic Sanitary Ware Market Import-Export Trade Statistics |
7.1 Grenada Ceramic Sanitary Ware Market Export to Major Countries |
7.2 Grenada Ceramic Sanitary Ware Market Imports from Major Countries |
8 Grenada Ceramic Sanitary Ware Market Key Performance Indicators |
8.1 Market penetration rate of ceramic sanitary ware in Grenada households |
8.2 Average selling price (ASP) trend for ceramic sanitary ware products |
8.3 Customer satisfaction and repeat purchase rates for ceramic sanitary ware brands |
8.4 Percentage of new real estate projects in Grenada incorporating ceramic sanitary ware designs |
8.5 Adoption rate of sustainable and eco-friendly ceramic sanitary ware solutions in Grenada |
9 Grenada Ceramic Sanitary Ware Market - Opportunity Assessment |
9.1 Grenada Ceramic Sanitary Ware Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Ceramic Sanitary Ware Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Ceramic Sanitary Ware Market Opportunity Assessment, By Technology, 2021 & 2031F |
10 Grenada Ceramic Sanitary Ware Market - Competitive Landscape |
10.1 Grenada Ceramic Sanitary Ware Market Revenue Share, By Companies, 2024 |
10.2 Grenada Ceramic Sanitary Ware Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |