| Product Code: ETC5113756 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Grenada`s consumer battery import shipments in 2024 were dominated by imports from China, USA, UK, Jamaica, and other areas. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite a strong compound annual growth rate (CAGR) of 27.69% from 2020-24, there was a notable decline in growth rate from 2023-24 at -62.94%. This fluctuation suggests potential shifts in market dynamics or external factors impacting consumer battery imports in Grenada. Stakeholders should closely monitor trends to adapt strategies accordingly.
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 Consumer Battery Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Consumer Battery Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Consumer Battery Market - Industry Life Cycle |
3.4 Grenada Consumer Battery Market - Porter's Five Forces |
3.5 Grenada Consumer Battery Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Consumer Battery Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Grenada Consumer Battery Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for portable electronic devices |
4.2.2 Growing awareness about the importance of using eco-friendly batteries |
4.2.3 Rise in disposable income leading to higher purchasing power |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Intense competition from other power sources such as solar energy |
4.3.3 Regulatory challenges related to battery disposal and recycling |
5 Grenada Consumer Battery Market Trends |
6 Grenada Consumer Battery Market Segmentations |
6.1 Grenada Consumer Battery Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Consumer Battery Market Revenues & Volume, By Lithium-ion Batteries, 2021-2031F |
6.1.3 Grenada Consumer Battery Market Revenues & Volume, By Zinc-Carbon Batteries, 2021-2031F |
6.1.4 Grenada Consumer Battery Market Revenues & Volume, By Alkaline Batteries, 2021-2031F |
6.1.5 Grenada Consumer Battery Market Revenues & Volume, By Nickel Metal Hydride, 2021-2031F |
6.1.6 Grenada Consumer Battery Market Revenues & Volume, By Nickel Cadmium, 2021-2031F |
6.1.7 Grenada Consumer Battery Market Revenues & Volume, By Others, 2021-2031F |
6.2 Grenada Consumer Battery Market, By End-User |
6.2.1 Overview and Analysis |
6.2.2 Grenada Consumer Battery Market Revenues & Volume, By Residential, 2021-2031F |
6.2.3 Grenada Consumer Battery Market Revenues & Volume, By Commercial, 2021-2031F |
7 Grenada Consumer Battery Market Import-Export Trade Statistics |
7.1 Grenada Consumer Battery Market Export to Major Countries |
7.2 Grenada Consumer Battery Market Imports from Major Countries |
8 Grenada Consumer Battery Market Key Performance Indicators |
8.1 Average selling price (ASP) of consumer batteries |
8.2 Consumer sentiment towards eco-friendly battery options |
8.3 Adoption rate of rechargeable batteries |
8.4 Market penetration of consumer batteries in rural areas |
8.5 Growth in demand for batteries powering electric vehicles |
9 Grenada Consumer Battery Market - Opportunity Assessment |
9.1 Grenada Consumer Battery Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Consumer Battery Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Grenada Consumer Battery Market - Competitive Landscape |
10.1 Grenada Consumer Battery Market Revenue Share, By Companies, 2024 |
10.2 Grenada Consumer Battery 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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