| Product Code: ETC7367775 | 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 continues to see a significant influx of conventional ovens from top exporting countries like the UK, USA, Germany, Hong Kong, and China in 2024. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, with a staggering CAGR of 49.1% from 2020 to 2024. The remarkable growth rate of 144.87% from 2023 to 2024 highlights the increasing demand for conventional ovens in Grenada, showcasing a promising market for importers and manufacturers in the 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 Conventional Oven Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Conventional Oven Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Conventional Oven Market - Industry Life Cycle |
3.4 Grenada Conventional Oven Market - Porter's Five Forces |
3.5 Grenada Conventional Oven Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Grenada Conventional Oven Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Grenada Conventional Oven Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient appliances |
4.2.2 Growing popularity of home cooking and baking trends |
4.2.3 Rising disposable income in Grenada |
4.3 Market Restraints |
4.3.1 High initial cost of conventional ovens |
4.3.2 Limited consumer awareness and education about the benefits of conventional ovens |
5 Grenada Conventional Oven Market Trends |
6 Grenada Conventional Oven Market, By Types |
6.1 Grenada Conventional Oven Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Grenada Conventional Oven Market Revenues & Volume, By Application, 2021- 2031F |
6.1.3 Grenada Conventional Oven Market Revenues & Volume, By Restaurant, 2021- 2031F |
6.1.4 Grenada Conventional Oven Market Revenues & Volume, By Hotels, 2021- 2031F |
6.1.5 Grenada Conventional Oven Market Revenues & Volume, By Schools, 2021- 2031F |
6.1.6 Grenada Conventional Oven Market Revenues & Volume, By Bakery, 2021- 2031F |
6.1.7 Grenada Conventional Oven Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Grenada Conventional Oven Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Conventional Oven Market Revenues & Volume, By Gas Ovens, 2021- 2031F |
6.2.3 Grenada Conventional Oven Market Revenues & Volume, By Electrical Ovens, 2021- 2031F |
7 Grenada Conventional Oven Market Import-Export Trade Statistics |
7.1 Grenada Conventional Oven Market Export to Major Countries |
7.2 Grenada Conventional Oven Market Imports from Major Countries |
8 Grenada Conventional Oven Market Key Performance Indicators |
8.1 Average household energy consumption in Grenada |
8.2 Number of cooking and baking workshops or classes conducted in Grenada |
8.3 Percentage of households with income levels above a certain threshold who own a conventional oven |
9 Grenada Conventional Oven Market - Opportunity Assessment |
9.1 Grenada Conventional Oven Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Grenada Conventional Oven Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Grenada Conventional Oven Market - Competitive Landscape |
10.1 Grenada Conventional Oven Market Revenue Share, By Companies, 2024 |
10.2 Grenada Conventional Oven 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.
To discover high-growth global markets and optimize your business strategy:
Click Here