| Product Code: ETC10544614 | 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 see a high concentration of cooktop imports, with the top countries exporting being the USA, Panama, Germany, UK, and Italy. The high Herfindahl-Hirschman Index (HHI) indicates a strong market dominance by these countries. The compound annual growth rate (CAGR) from 2020 to 2024 stood at a healthy 6.4%, reflecting sustained demand. Additionally, the growth rate from 2023 to 2024 was 3.52%, showcasing ongoing expansion in the cooktop import market in Grenada.
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 Cooktop Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Cooktop Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Cooktop Market - Industry Life Cycle |
3.4 Grenada Cooktop Market - Porter's Five Forces |
3.5 Grenada Cooktop Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Grenada Cooktop Market Revenues & Volume Share, By Fuel Type, 2021 & 2031F |
3.7 Grenada Cooktop Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.8 Grenada Cooktop Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Grenada Cooktop Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer demand for energy-efficient appliances |
4.2.2 Growing trend towards modular kitchens and smart homes |
4.2.3 Technological advancements in cooktops leading to better performance and features |
4.3 Market Restraints |
4.3.1 High initial cost of purchasing and installing cooktops |
4.3.2 Limited awareness and availability of grenada cooktops in the market |
4.3.3 Lack of skilled technicians for installation and maintenance |
5 Grenada Cooktop Market Trends |
6 Grenada Cooktop Market, By Types |
6.1 Grenada Cooktop Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Cooktop Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Grenada Cooktop Market Revenues & Volume, By Gas Cooktop, 2021 - 2031F |
6.1.4 Grenada Cooktop Market Revenues & Volume, By Electric Cooktop, 2021 - 2031F |
6.1.5 Grenada Cooktop Market Revenues & Volume, By Induction Cooktop, 2021 - 2031F |
6.1.6 Grenada Cooktop Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Grenada Cooktop Market, By Fuel Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Cooktop Market Revenues & Volume, By Gas, 2021 - 2031F |
6.2.3 Grenada Cooktop Market Revenues & Volume, By Electric, 2021 - 2031F |
6.2.4 Grenada Cooktop Market Revenues & Volume, By Induction, 2021 - 2031F |
6.2.5 Grenada Cooktop Market Revenues & Volume, By Others, 2021 - 2031F |
6.3 Grenada Cooktop Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Grenada Cooktop Market Revenues & Volume, By Online Retail, 2021 - 2031F |
6.3.3 Grenada Cooktop Market Revenues & Volume, By Offline Retail, 2021 - 2031F |
6.4 Grenada Cooktop Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Grenada Cooktop Market Revenues & Volume, By Residential, 2021 - 2031F |
6.4.3 Grenada Cooktop Market Revenues & Volume, By Commercial, 2021 - 2031F |
6.4.4 Grenada Cooktop Market Revenues & Volume, By Industrial, 2021 - 2031F |
7 Grenada Cooktop Market Import-Export Trade Statistics |
7.1 Grenada Cooktop Market Export to Major Countries |
7.2 Grenada Cooktop Market Imports from Major Countries |
8 Grenada Cooktop Market Key Performance Indicators |
8.1 Energy efficiency rating of grenada cooktops |
8.2 Number of households adopting smart kitchen technologies |
8.3 Customer satisfaction ratings for grenada cooktop features and performance |
9 Grenada Cooktop Market - Opportunity Assessment |
9.1 Grenada Cooktop Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Grenada Cooktop Market Opportunity Assessment, By Fuel Type, 2021 & 2031F |
9.3 Grenada Cooktop Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.4 Grenada Cooktop Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Grenada Cooktop Market - Competitive Landscape |
10.1 Grenada Cooktop Market Revenue Share, By Companies, 2024 |
10.2 Grenada Cooktop 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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