| Product Code: ETC5376830 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Grenada`s hotel furniture import market continues to be dominated by key exporters such as the USA, Trinidad and Tobago, Jamaica, UAE, and UK. The high concentration of import shipments, as indicated by the Herfindahl-Hirschman Index (HHI), has surged even further in 2024. Despite a notable compound annual growth rate (CAGR) of 16.87% from 2020 to 2024, the growth rate experienced a slight dip of -8.21% from 2023 to 2024. This data suggests a dynamic and competitive landscape in the hotel furniture import sector in Grenada, warranting further analysis and strategic planning for industry players.
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 Hotel Furniture Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Hotel Furniture Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Hotel Furniture Market - Industry Life Cycle |
3.4 Grenada Hotel Furniture Market - Porter's Five Forces |
3.5 Grenada Hotel Furniture Market Revenues & Volume Share, By Product Types, 2021 & 2031F |
3.6 Grenada Hotel Furniture Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Grenada Hotel Furniture Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the tourism industry in Grenada |
4.2.2 Increasing demand for luxury and high-quality hotel furniture |
4.2.3 Renovation and refurbishment projects in existing hotels |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices |
4.3.2 Intense competition from international furniture manufacturers |
4.3.3 Economic uncertainties affecting investment in the hospitality sector |
5 Grenada Hotel Furniture Market Trends |
6 Grenada Hotel Furniture Market Segmentations |
6.1 Grenada Hotel Furniture Market, By Product Types |
6.1.1 Overview and Analysis |
6.1.2 Grenada Hotel Furniture Market Revenues & Volume, By Table and Chairs, 2021-2031F |
6.1.3 Grenada Hotel Furniture Market Revenues & Volume, By Hotel Beds, 2021-2031F |
6.1.4 Grenada Hotel Furniture Market Revenues & Volume, By Hotel Casegoods, 2021-2031F |
6.1.5 Grenada Hotel Furniture Market Revenues & Volume, By Other, 2021-2031F |
6.2 Grenada Hotel Furniture Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Grenada Hotel Furniture Market Revenues & Volume, By Business Hotel, 2021-2031F |
6.2.3 Grenada Hotel Furniture Market Revenues & Volume, By Luxury Hotel, 2021-2031F |
6.2.4 Grenada Hotel Furniture Market Revenues & Volume, By Boutique Hotel, 2021-2031F |
6.2.5 Grenada Hotel Furniture Market Revenues & Volume, By Other, 2021-2031F |
7 Grenada Hotel Furniture Market Import-Export Trade Statistics |
7.1 Grenada Hotel Furniture Market Export to Major Countries |
7.2 Grenada Hotel Furniture Market Imports from Major Countries |
8 Grenada Hotel Furniture Market Key Performance Indicators |
8.1 Average occupancy rate of hotels in Grenada |
8.2 Number of new hotel projects planned or under construction |
8.3 Customer satisfaction scores for hotel furniture purchased |
8.4 Percentage increase in investment in the hospitality sector |
8.5 Number of partnerships with local furniture manufacturers for hotel projects |
9 Grenada Hotel Furniture Market - Opportunity Assessment |
9.1 Grenada Hotel Furniture Market Opportunity Assessment, By Product Types, 2021 & 2031F |
9.2 Grenada Hotel Furniture Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Grenada Hotel Furniture Market - Competitive Landscape |
10.1 Grenada Hotel Furniture Market Revenue Share, By Companies, 2024 |
10.2 Grenada Hotel Furniture Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |