| Product Code: ETC7371152 | 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 |
In 2024, Grenada continued to see significant imports of gas and solid fuels fireplaces, with top exporting countries being the USA, UK, Metropolitan France, Guyana, and Trinidad and Tobago. Despite a slight decline in growth rate from 2023 to 2024, the industry maintained a high level of market concentration, indicated by the high Herfindahl-Hirschman Index (HHI). With a strong compound annual growth rate (CAGR) of 18.84% from 2020 to 2024, Grenada`s demand for these products remains robust, highlighting the country`s reliance on these imports for heating solutions.
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 Gas and Solid Fuels (Wood) Fireplaces Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Gas and Solid Fuels (Wood) Fireplaces Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Gas and Solid Fuels (Wood) Fireplaces Market - Industry Life Cycle |
3.4 Grenada Gas and Solid Fuels (Wood) Fireplaces Market - Porter's Five Forces |
3.5 Grenada Gas and Solid Fuels (Wood) Fireplaces Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Grenada Gas and Solid Fuels (Wood) Fireplaces Market Revenues & Volume Share, By Size, 2021 & 2031F |
3.7 Grenada Gas and Solid Fuels (Wood) Fireplaces Market Revenues & Volume Share, By Style, 2021 & 2031F |
3.8 Grenada Gas and Solid Fuels (Wood) Fireplaces Market Revenues & Volume Share, By Category, 2021 & 2031F |
3.9 Grenada Gas and Solid Fuels (Wood) Fireplaces Market Revenues & Volume Share, By Installation, 2021 & 2031F |
3.10 Grenada Gas and Solid Fuels (Wood) Fireplaces Market Revenues & Volume Share, By Price Range, 2021 & 2031F |
3.11 Grenada Gas and Solid Fuels (Wood) Fireplaces Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Grenada Gas and Solid Fuels (Wood) Fireplaces Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient heating solutions |
4.2.2 Growing trend towards eco-friendly and sustainable products |
4.2.3 Rising disposable income and improving living standards in Grenada |
4.3 Market Restraints |
4.3.1 High initial cost of installation and maintenance of gas and solid fuels fireplaces |
4.3.2 Limited availability of natural gas infrastructure in some regions of Grenada |
4.3.3 Intense competition from alternative heating solutions like electric heaters |
5 Grenada Gas and Solid Fuels (Wood) Fireplaces Market Trends |
6 Grenada Gas and Solid Fuels (Wood) Fireplaces Market, By Types |
6.1 Grenada Gas and Solid Fuels (Wood) Fireplaces Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Gas and Solid Fuels (Wood) Fireplaces Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Grenada Gas and Solid Fuels (Wood) Fireplaces Market Revenues & Volume, By Gas Fireplaces, 2021- 2031F |
6.1.4 Grenada Gas and Solid Fuels (Wood) Fireplaces Market Revenues & Volume, By Fuels (Wood) Fireplace, 2021- 2031F |
6.2 Grenada Gas and Solid Fuels (Wood) Fireplaces Market, By Size |
6.2.1 Overview and Analysis |
6.2.2 Grenada Gas and Solid Fuels (Wood) Fireplaces Market Revenues & Volume, By Under 30 Inches, 2021- 2031F |
6.2.3 Grenada Gas and Solid Fuels (Wood) Fireplaces Market Revenues & Volume, By 30-45 Inches, 2021- 2031F |
6.2.4 Grenada Gas and Solid Fuels (Wood) Fireplaces Market Revenues & Volume, By 45-60 Inches, 2021- 2031F |
6.2.5 Grenada Gas and Solid Fuels (Wood) Fireplaces Market Revenues & Volume, By Above 60 Inches, 2021- 2031F |
6.3 Grenada Gas and Solid Fuels (Wood) Fireplaces Market, By Style |
6.3.1 Overview and Analysis |
6.3.2 Grenada Gas and Solid Fuels (Wood) Fireplaces Market Revenues & Volume, By Traditional, 2021- 2031F |
6.3.3 Grenada Gas and Solid Fuels (Wood) Fireplaces Market Revenues & Volume, By Modern, 2021- 2031F |
6.4 Grenada Gas and Solid Fuels (Wood) Fireplaces Market, By Category |
6.4.1 Overview and Analysis |
6.4.2 Grenada Gas and Solid Fuels (Wood) Fireplaces Market Revenues & Volume, By Outdoor, 2021- 2031F |
6.4.3 Grenada Gas and Solid Fuels (Wood) Fireplaces Market Revenues & Volume, By Indoor, 2021- 2031F |
6.5 Grenada Gas and Solid Fuels (Wood) Fireplaces Market, By Installation |
6.5.1 Overview and Analysis |
6.5.2 Grenada Gas and Solid Fuels (Wood) Fireplaces Market Revenues & Volume, By Freestanding, 2021- 2031F |
6.5.3 Grenada Gas and Solid Fuels (Wood) Fireplaces Market Revenues & Volume, By Built, 2021- 2031F |
6.6 Grenada Gas and Solid Fuels (Wood) Fireplaces Market, By Price Range |
6.6.1 Overview and Analysis |
6.6.2 Grenada Gas and Solid Fuels (Wood) Fireplaces Market Revenues & Volume, By Low, 2021- 2031F |
6.6.3 Grenada Gas and Solid Fuels (Wood) Fireplaces Market Revenues & Volume, By Medium, 2021- 2031F |
6.6.4 Grenada Gas and Solid Fuels (Wood) Fireplaces Market Revenues & Volume, By High, 2021- 2031F |
6.7 Grenada Gas and Solid Fuels (Wood) Fireplaces Market, By End-use |
6.7.1 Overview and Analysis |
6.7.2 Grenada Gas and Solid Fuels (Wood) Fireplaces Market Revenues & Volume, By Residential, 2021- 2031F |
6.7.3 Grenada Gas and Solid Fuels (Wood) Fireplaces Market Revenues & Volume, By Commercial, 2021- 2031F |
7 Grenada Gas and Solid Fuels (Wood) Fireplaces Market Import-Export Trade Statistics |
7.1 Grenada Gas and Solid Fuels (Wood) Fireplaces Market Export to Major Countries |
7.2 Grenada Gas and Solid Fuels (Wood) Fireplaces Market Imports from Major Countries |
8 Grenada Gas and Solid Fuels (Wood) Fireplaces Market Key Performance Indicators |
8.1 Percentage of households in Grenada using gas and solid fuels fireplaces |
8.2 Number of new eco-friendly fireplace installations in Grenada annually |
8.3 Average annual consumption of gas and solid fuels for heating purposes in Grenada |
9 Grenada Gas and Solid Fuels (Wood) Fireplaces Market - Opportunity Assessment |
9.1 Grenada Gas and Solid Fuels (Wood) Fireplaces Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Grenada Gas and Solid Fuels (Wood) Fireplaces Market Opportunity Assessment, By Size, 2021 & 2031F |
9.3 Grenada Gas and Solid Fuels (Wood) Fireplaces Market Opportunity Assessment, By Style, 2021 & 2031F |
9.4 Grenada Gas and Solid Fuels (Wood) Fireplaces Market Opportunity Assessment, By Category, 2021 & 2031F |
9.5 Grenada Gas and Solid Fuels (Wood) Fireplaces Market Opportunity Assessment, By Installation, 2021 & 2031F |
9.6 Grenada Gas and Solid Fuels (Wood) Fireplaces Market Opportunity Assessment, By Price Range, 2021 & 2031F |
9.7 Grenada Gas and Solid Fuels (Wood) Fireplaces Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Grenada Gas and Solid Fuels (Wood) Fireplaces Market - Competitive Landscape |
10.1 Grenada Gas and Solid Fuels (Wood) Fireplaces Market Revenue Share, By Companies, 2024 |
10.2 Grenada Gas and Solid Fuels (Wood) Fireplaces 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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