| Product Code: ETC7372369 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Grenada`s induction cooktops import market saw significant growth in 2024, with top exporting countries including the UK, USA, Germany, Hong Kong, and China. The high Herfindahl-Hirschman Index (HHI) concentration indicates a competitive market landscape. The impressive compound annual growth rate (CAGR) of 49.1% from 2020-24 highlights the increasing demand for induction cooktops in Grenada. The remarkable growth rate of 144.87% from 2023-24 suggests a surge in import shipments, signaling a prosperous market for induction cooktops in the country.
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 Induction Cooktops Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Induction Cooktops Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Induction Cooktops Market - Industry Life Cycle |
3.4 Grenada Induction Cooktops Market - Porter's Five Forces |
3.5 Grenada Induction Cooktops Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Grenada Induction Cooktops Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Induction Cooktops Market Revenues & Volume Share, By Distribution, 2021 & 2031F |
4 Grenada Induction Cooktops Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Induction Cooktops Market Trends |
6 Grenada Induction Cooktops Market, By Types |
6.1 Grenada Induction Cooktops Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Grenada Induction Cooktops Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Grenada Induction Cooktops Market Revenues & Volume, By Built-in, 2021- 2031F |
6.1.4 Grenada Induction Cooktops Market Revenues & Volume, By Free Standing, 2021- 2031F |
6.2 Grenada Induction Cooktops Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Induction Cooktops Market Revenues & Volume, By Household, 2021- 2031F |
6.2.3 Grenada Induction Cooktops Market Revenues & Volume, By Commercial, 2021- 2031F |
6.3 Grenada Induction Cooktops Market, By Distribution |
6.3.1 Overview and Analysis |
6.3.2 Grenada Induction Cooktops Market Revenues & Volume, By Hypermarkets & Supermarkets, 2021- 2031F |
6.3.3 Grenada Induction Cooktops Market Revenues & Volume, By Specialty Stores, 2021- 2031F |
6.3.4 Grenada Induction Cooktops Market Revenues & Volume, By Online, 2021- 2031F |
7 Grenada Induction Cooktops Market Import-Export Trade Statistics |
7.1 Grenada Induction Cooktops Market Export to Major Countries |
7.2 Grenada Induction Cooktops Market Imports from Major Countries |
8 Grenada Induction Cooktops Market Key Performance Indicators |
9 Grenada Induction Cooktops Market - Opportunity Assessment |
9.1 Grenada Induction Cooktops Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Grenada Induction Cooktops Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Induction Cooktops Market Opportunity Assessment, By Distribution, 2021 & 2031F |
10 Grenada Induction Cooktops Market - Competitive Landscape |
10.1 Grenada Induction Cooktops Market Revenue Share, By Companies, 2024 |
10.2 Grenada Induction Cooktops 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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