| Product Code: ETC7372371 | 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 |
Grenada`s induction hob import market experienced significant growth in 2024, with the top exporting countries being the UK, USA, Germany, Hong Kong, and China. The high Herfindahl-Hirschman Index (HHI) concentration indicates a competitive market dominated by a few key players. The impressive compound annual growth rate (CAGR) of 49.1% from 2020 to 2024 highlights the growing demand for induction hobs in Grenada. Moreover, the remarkable growth rate of 144.87% from 2023 to 2024 suggests a surge in import shipments during that period, reflecting a thriving market for induction hobs 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 Hobs Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Induction Hobs Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Induction Hobs Market - Industry Life Cycle |
3.4 Grenada Induction Hobs Market - Porter's Five Forces |
3.5 Grenada Induction Hobs Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Induction Hobs Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.7 Grenada Induction Hobs Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Induction Hobs Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Induction Hobs Market Trends |
6 Grenada Induction Hobs Market, By Types |
6.1 Grenada Induction Hobs Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Induction Hobs Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Induction Hobs Market Revenues & Volume, By Freestanding, 2021- 2031F |
6.1.4 Grenada Induction Hobs Market Revenues & Volume, By Portable Induction Cooktops, 2021- 2031F |
6.1.5 Grenada Induction Hobs Market Revenues & Volume, By Build - In, 2021- 2031F |
6.2 Grenada Induction Hobs Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Grenada Induction Hobs Market Revenues & Volume, By Home Centres, 2021- 2031F |
6.2.3 Grenada Induction Hobs Market Revenues & Volume, By Speciality Stores, 2021- 2031F |
6.2.4 Grenada Induction Hobs Market Revenues & Volume, By Online, 2021- 2031F |
6.2.5 Grenada Induction Hobs Market Revenues & Volume, By Other, 2021- 2031F |
6.3 Grenada Induction Hobs Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Induction Hobs Market Revenues & Volume, By Household, 2021- 2031F |
6.3.3 Grenada Induction Hobs Market Revenues & Volume, By Commercial, 2021- 2031F |
7 Grenada Induction Hobs Market Import-Export Trade Statistics |
7.1 Grenada Induction Hobs Market Export to Major Countries |
7.2 Grenada Induction Hobs Market Imports from Major Countries |
8 Grenada Induction Hobs Market Key Performance Indicators |
9 Grenada Induction Hobs Market - Opportunity Assessment |
9.1 Grenada Induction Hobs Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Induction Hobs Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.3 Grenada Induction Hobs Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Induction Hobs Market - Competitive Landscape |
10.1 Grenada Induction Hobs Market Revenue Share, By Companies, 2024 |
10.2 Grenada Induction Hobs 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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