| Product Code: ETC5395317 | 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 |
In 2024, Grenada continued to heavily rely on imports of knife sharpeners, with the top exporting countries being the USA, Trinidad and Tobago, UK, China, and Germany. Despite a concerning high concentration level indicated by the Herfindahl-Hirschman Index (HHI), the market saw a moderate compound annual growth rate (CAGR) of 4.65% from 2020 to 2024. However, there was a significant decline in growth rate from 2023 to 2024 at -47.66%, signaling potential challenges or shifts in the market dynamics that importers and stakeholders should monitor closely.
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 Knife Sharpener Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Knife Sharpener Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Knife Sharpener Market - Industry Life Cycle |
3.4 Grenada Knife Sharpener Market - Porter's Five Forces |
3.5 Grenada Knife Sharpener Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Knife Sharpener Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Knife Sharpener Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for kitchen accessories and tools |
4.2.2 Growing awareness about the importance of knife maintenance for safety and efficiency |
4.2.3 Rising popularity of cooking shows and culinary activities |
4.3 Market Restraints |
4.3.1 Intense competition from other knife sharpening products and services |
4.3.2 Fluctuating raw material prices affecting production costs |
5 Grenada Knife Sharpener Market Trends |
6 Grenada Knife Sharpener Market Segmentations |
6.1 Grenada Knife Sharpener Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Knife Sharpener Market Revenues & Volume, By Electric Type, 2021-2031F |
6.1.3 Grenada Knife Sharpener Market Revenues & Volume, By Manual Type, 2021-2031F |
6.2 Grenada Knife Sharpener Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Knife Sharpener Market Revenues & Volume, By Residential, 2021-2031F |
6.2.3 Grenada Knife Sharpener Market Revenues & Volume, By Restaurant, 2021-2031F |
7 Grenada Knife Sharpener Market Import-Export Trade Statistics |
7.1 Grenada Knife Sharpener Market Export to Major Countries |
7.2 Grenada Knife Sharpener Market Imports from Major Countries |
8 Grenada Knife Sharpener Market Key Performance Indicators |
8.1 Customer satisfaction rate with the performance of Grenada knife sharpeners |
8.2 Number of new product innovations and improvements introduced |
8.3 Percentage increase in online presence and digital marketing efforts |
8.4 Average customer retention rate |
8.5 Number of positive reviews and recommendations on social media and e-commerce platforms |
9 Grenada Knife Sharpener Market - Opportunity Assessment |
9.1 Grenada Knife Sharpener Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Knife Sharpener Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Knife Sharpener Market - Competitive Landscape |
10.1 Grenada Knife Sharpener Market Revenue Share, By Companies, 2024 |
10.2 Grenada Knife Sharpener 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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