| Product Code: ETC7369326 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Grenada`s electric fireplace import market continues to show significant growth with a CAGR of 17.95% from 2020 to 2024. However, the market experienced a decline in growth rate from 2023 to 2024 at -8.37%. The top exporting countries to Grenada in 2024 include the USA, Trinidad and Tobago, UAE, Jamaica, and the UK. The market concentration, as measured by the HHI, was high in 2023 and significantly increased to very high concentration in 2024, indicating a potential shift in market dynamics and competitive landscape for electric fireplace imports 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 Electric Fireplace Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Electric Fireplace Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Electric Fireplace Market - Industry Life Cycle |
3.4 Grenada Electric Fireplace Market - Porter's Five Forces |
3.5 Grenada Electric Fireplace Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Electric Fireplace Market Revenues & Volume Share, By Size, 2021 & 2031F |
3.7 Grenada Electric Fireplace Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Electric Fireplace Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer demand for energy-efficient and eco-friendly heating solutions |
4.2.2 Growing trend of home renovation and interior decor projects |
4.2.3 Rising awareness about the benefits of electric fireplaces over traditional wood-burning fireplaces |
4.3 Market Restraints |
4.3.1 High initial cost of electric fireplaces compared to traditional heating options |
4.3.2 Limited awareness and understanding of the features and benefits of electric fireplaces among consumers |
4.3.3 Competition from other heating solutions such as gas fireplaces and central heating systems |
5 Grenada Electric Fireplace Market Trends |
6 Grenada Electric Fireplace Market, By Types |
6.1 Grenada Electric Fireplace Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Electric Fireplace Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Electric Fireplace Market Revenues & Volume, By Electric Stove, 2021- 2031F |
6.1.4 Grenada Electric Fireplace Market Revenues & Volume, By Insert Electric Fireplace, 2021- 2031F |
6.1.5 Grenada Electric Fireplace Market Revenues & Volume, By Tabletop Electric Fireplace, 2021- 2031F |
6.1.6 Grenada Electric Fireplace Market Revenues & Volume, By Wall-mounted Electric Fireplace, 2021- 2031F |
6.1.7 Grenada Electric Fireplace Market Revenues & Volume, By Freestanding Electric Fireplace, 2021- 2031F |
6.2 Grenada Electric Fireplace Market, By Size |
6.2.1 Overview and Analysis |
6.2.2 Grenada Electric Fireplace Market Revenues & Volume, By Small, 2021- 2031F |
6.2.3 Grenada Electric Fireplace Market Revenues & Volume, By Medium, 2021- 2031F |
6.2.4 Grenada Electric Fireplace Market Revenues & Volume, By Large, 2021- 2031F |
6.2.5 Grenada Electric Fireplace Market Revenues & Volume, By Extra Large, 2021- 2031F |
6.3 Grenada Electric Fireplace Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Electric Fireplace Market Revenues & Volume, By Residential, 2021- 2031F |
6.3.3 Grenada Electric Fireplace Market Revenues & Volume, By Commercial, 2021- 2031F |
7 Grenada Electric Fireplace Market Import-Export Trade Statistics |
7.1 Grenada Electric Fireplace Market Export to Major Countries |
7.2 Grenada Electric Fireplace Market Imports from Major Countries |
8 Grenada Electric Fireplace Market Key Performance Indicators |
8.1 Energy efficiency rating of electric fireplaces |
8.2 Number of home renovation and construction projects incorporating electric fireplaces |
8.3 Customer satisfaction ratings and reviews for electric fireplace brands |
8.4 Percentage of households using electric fireplaces as their primary heating source |
8.5 Adoption rate of smart features in electric fireplace models |
9 Grenada Electric Fireplace Market - Opportunity Assessment |
9.1 Grenada Electric Fireplace Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Electric Fireplace Market Opportunity Assessment, By Size, 2021 & 2031F |
9.3 Grenada Electric Fireplace Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Electric Fireplace Market - Competitive Landscape |
10.1 Grenada Electric Fireplace Market Revenue Share, By Companies, 2024 |
10.2 Grenada Electric Fireplace Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |