| Product Code: ETC4711963 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Grenada`s ice maker import market in 2024 continued to show a high concentration of shipments from top exporting countries, including the USA, Trinidad and Tobago, Hong Kong, UAE, and the UK. Despite a slight decline in growth rate from 2023 to 2024, the industry still maintained a strong compound annual growth rate (CAGR) of 24.08% over the period of 2020-2024. This data suggests a stable demand for ice makers in Grenada and highlights the importance of these key exporting countries in supplying the market.
The Ice maker market in Grenada is projected to grow at a stable growth rate of 1.60% by 2027, highlighting the country's increasing focus on advanced technologies within the North America region, where United States of America holds the dominant position, followed closely by Canada, Trinidad and Tobago, Jamaica and Bahamas, shaping overall regional demand.

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 Ice maker Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Ice maker Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Ice maker Market - Industry Life Cycle |
3.4 Grenada Ice maker Market - Porter's Five Forces |
3.5 Grenada Ice maker Market Revenues & Volume Share, By Product type, 2021 & 2031F |
3.6 Grenada Ice maker Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.7 Grenada Ice maker Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Ice maker Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Ice maker Market Trends |
6 Grenada Ice maker Market Segmentations |
6.1 Grenada Ice maker Market, By Product type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Ice maker Market Revenues & Volume, By Ice Cube Maker, 2021-2031F |
6.1.3 Grenada Ice maker Market Revenues & Volume, By Ice Flake Maker, 2021-2031F |
6.1.4 Grenada Ice maker Market Revenues & Volume, By Ice Nugget Maker, 2021-2031F |
6.1.5 Grenada Ice maker Market Revenues & Volume, By Others, 2021-2031F |
6.2 Grenada Ice maker Market, By Component |
6.2.1 Overview and Analysis |
6.2.2 Grenada Ice maker Market Revenues & Volume, By Condenser, 2021-2031F |
6.2.3 Grenada Ice maker Market Revenues & Volume, By Evaporator, 2021-2031F |
6.2.4 Grenada Ice maker Market Revenues & Volume, By Throttle Valve, 2021-2031F |
6.2.5 Grenada Ice maker Market Revenues & Volume, By Compressor, 2021-2031F |
6.2.6 Grenada Ice maker Market Revenues & Volume, By Motors, 2021-2031F |
6.2.7 Grenada Ice maker Market Revenues & Volume, By Heating Elements, 2021-2031F |
6.3 Grenada Ice maker Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Ice maker Market Revenues & Volume, By Residential, 2021-2031F |
6.3.3 Grenada Ice maker Market Revenues & Volume, By Commercial, 2021-2031F |
7 Grenada Ice maker Market Import-Export Trade Statistics |
7.1 Grenada Ice maker Market Export to Major Countries |
7.2 Grenada Ice maker Market Imports from Major Countries |
8 Grenada Ice maker Market Key Performance Indicators |
9 Grenada Ice maker Market - Opportunity Assessment |
9.1 Grenada Ice maker Market Opportunity Assessment, By Product type, 2021 & 2031F |
9.2 Grenada Ice maker Market Opportunity Assessment, By Component, 2021 & 2031F |
9.3 Grenada Ice maker Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Ice maker Market - Competitive Landscape |
10.1 Grenada Ice maker Market Revenue Share, By Companies, 2024 |
10.2 Grenada Ice maker 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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