| Product Code: ETC10544038 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Grenada continued to rely on imports of cooking equipment, with top suppliers being the USA, Panama, UK, Germany, and Italy. The market showed high concentration, indicating limited supplier diversity. Despite a healthy CAGR of 7.17% from 2020 to 2024, there was a slight decline in growth rate from 2023 to 2024 at -9.9%. This suggests a potential slowdown in demand or other market factors impacting the importation of cooking equipment into Grenada. Stakeholders should monitor these trends closely for strategic decision-making.
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 Cooking Equipment Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Cooking Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Cooking Equipment Market - Industry Life Cycle |
3.4 Grenada Cooking Equipment Market - Porter's Five Forces |
3.5 Grenada Cooking Equipment Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Grenada Cooking Equipment Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Cooking Equipment Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.8 Grenada Cooking Equipment Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Grenada Cooking Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer demand for convenient and efficient cooking solutions |
4.2.2 Growth in the hospitality and food service industry in Grenada |
4.2.3 Rising disposable income leading to higher spending on kitchen appliances |
4.3 Market Restraints |
4.3.1 High initial investment required for purchasing cooking equipment |
4.3.2 Limited availability of skilled technicians for maintenance and repairs |
4.3.3 Fluctuating raw material prices impacting the cost of production |
5 Grenada Cooking Equipment Market Trends |
6 Grenada Cooking Equipment Market, By Types |
6.1 Grenada Cooking Equipment Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Cooking Equipment Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Grenada Cooking Equipment Market Revenues & Volume, By Cooktops, 2021 - 2031F |
6.1.4 Grenada Cooking Equipment Market Revenues & Volume, By Ovens, 2021 - 2031F |
6.1.5 Grenada Cooking Equipment Market Revenues & Volume, By Grills, 2021 - 2031F |
6.1.6 Grenada Cooking Equipment Market Revenues & Volume, By Fryers, 2021 - 2031F |
6.1.7 Grenada Cooking Equipment Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Grenada Cooking Equipment Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Cooking Equipment Market Revenues & Volume, By Residential, 2021 - 2031F |
6.2.3 Grenada Cooking Equipment Market Revenues & Volume, By Commercial, 2021 - 2031F |
6.2.4 Grenada Cooking Equipment Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.3 Grenada Cooking Equipment Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Grenada Cooking Equipment Market Revenues & Volume, By Online Retail, 2021 - 2031F |
6.3.3 Grenada Cooking Equipment Market Revenues & Volume, By Offline Retail, 2021 - 2031F |
6.4 Grenada Cooking Equipment Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Grenada Cooking Equipment Market Revenues & Volume, By Restaurants, 2021 - 2031F |
6.4.3 Grenada Cooking Equipment Market Revenues & Volume, By Hotels, 2021 - 2031F |
6.4.4 Grenada Cooking Equipment Market Revenues & Volume, By Catering Services, 2021 - 2031F |
6.4.5 Grenada Cooking Equipment Market Revenues & Volume, By Household, 2021 - 2031F |
7 Grenada Cooking Equipment Market Import-Export Trade Statistics |
7.1 Grenada Cooking Equipment Market Export to Major Countries |
7.2 Grenada Cooking Equipment Market Imports from Major Countries |
8 Grenada Cooking Equipment Market Key Performance Indicators |
8.1 Average annual growth rate in the number of restaurants and hotels in Grenada |
8.2 Percentage increase in household expenditure on kitchen appliances |
8.3 Adoption rate of energy-efficient cooking equipment in Grenada |
9 Grenada Cooking Equipment Market - Opportunity Assessment |
9.1 Grenada Cooking Equipment Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Grenada Cooking Equipment Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Cooking Equipment Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.4 Grenada Cooking Equipment Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Grenada Cooking Equipment Market - Competitive Landscape |
10.1 Grenada Cooking Equipment Market Revenue Share, By Companies, 2024 |
10.2 Grenada Cooking 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.
To discover high-growth global markets and optimize your business strategy:
Click Here