| Product Code: ETC12807718 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
Grenada continues to see a significant reliance on imports of home appliances, with the USA, Panama, UK, Italy, and Germany dominating the market in 2024. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, potentially leading to pricing power for these top exporting countries. The impressive Compound Annual Growth Rate (CAGR) of 13.91% from 2020-24 highlights a robust and expanding market. Moreover, the notable growth rate of 20.41% in 2024 demonstrates a strong momentum in the demand for home appliances in Grenada, suggesting a positive outlook for the industry in the near future.
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 Home Appliance Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Home Appliance Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Home Appliance Market - Industry Life Cycle |
3.4 Grenada Home Appliance Market - Porter's Five Forces |
3.5 Grenada Home Appliance Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Grenada Home Appliance Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.7 Grenada Home Appliance Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Grenada Home Appliance Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income among consumers in Grenada |
4.2.2 Growing awareness and adoption of energy-efficient home appliances |
4.2.3 Expansion of retail channels and e-commerce platforms in Grenada |
4.3 Market Restraints |
4.3.1 High import duties and taxes on home appliances in Grenada |
4.3.2 Limited availability of skilled labor for installation and maintenance of appliances |
5 Grenada Home Appliance Market Trends |
6 Grenada Home Appliance Market, By Types |
6.1 Grenada Home Appliance Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Home Appliance Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Grenada Home Appliance Market Revenues & Volume, By Refrigerators, 2021 - 2031F |
6.1.4 Grenada Home Appliance Market Revenues & Volume, By Washing Machines, 2021 - 2031F |
6.1.5 Grenada Home Appliance Market Revenues & Volume, By Microwave Ovens, 2021 - 2031F |
6.1.6 Grenada Home Appliance Market Revenues & Volume, By Air Conditioners, 2021 - 2031F |
6.1.7 Grenada Home Appliance Market Revenues & Volume, By Dishwashers, 2021 - 2031F |
6.2 Grenada Home Appliance Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Grenada Home Appliance Market Revenues & Volume, By Online Stores, 2021 - 2031F |
6.2.3 Grenada Home Appliance Market Revenues & Volume, By Supermarkets & Hypermarkets, 2021 - 2031F |
6.2.4 Grenada Home Appliance Market Revenues & Volume, By Specialty Stores, 2021 - 2031F |
6.3 Grenada Home Appliance Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Grenada Home Appliance Market Revenues & Volume, By Residential, 2021 - 2031F |
6.3.3 Grenada Home Appliance Market Revenues & Volume, By Commercial, 2021 - 2031F |
7 Grenada Home Appliance Market Import-Export Trade Statistics |
7.1 Grenada Home Appliance Market Export to Major Countries |
7.2 Grenada Home Appliance Market Imports from Major Countries |
8 Grenada Home Appliance Market Key Performance Indicators |
8.1 Average energy efficiency rating of home appliances sold in Grenada |
8.2 Number of new product launches in the home appliance market |
8.3 Household penetration rate of major home appliances in Grenada |
9 Grenada Home Appliance Market - Opportunity Assessment |
9.1 Grenada Home Appliance Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Grenada Home Appliance Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.3 Grenada Home Appliance Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Grenada Home Appliance Market - Competitive Landscape |
10.1 Grenada Home Appliance Market Revenue Share, By Companies, 2024 |
10.2 Grenada Home Appliance 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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