| Product Code: ETC12534694 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The lighting fixture import shipments to Grenada in 2024 saw a notable increase in concentration, with top exporting countries being the USA, UK, China, Spain, and Germany. The Herfindahl-Hirschman Index (HHI) indicated a shift from moderate to very high concentration within a year. The impressive Compound Annual Growth Rate (CAGR) of 21.42% from 2020 to 2024 highlights a thriving market, with a growth rate of 18.25% in 2024 alone. This data suggests a dynamic and competitive landscape for lighting fixture imports into Grenada, with key players vying for market share.
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 Lighting Fixture Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Lighting Fixture Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Lighting Fixture Market - Industry Life Cycle |
3.4 Grenada Lighting Fixture Market - Porter's Five Forces |
3.5 Grenada Lighting Fixture Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Grenada Lighting Fixture Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Lighting Fixture Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Grenada Lighting Fixture Market Revenues & Volume Share, By Technology Type, 2021 & 2031F |
4 Grenada Lighting Fixture Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for energy-efficient lighting solutions |
4.2.2 Increasing urbanization and infrastructure development in Grenada |
4.2.3 Government initiatives promoting the use of sustainable lighting technologies |
4.3 Market Restraints |
4.3.1 High initial cost associated with purchasing and installing lighting fixtures |
4.3.2 Limited awareness and adoption of advanced lighting technologies in the market |
4.3.3 Volatility in raw material prices impacting the manufacturing cost of lighting fixtures |
5 Grenada Lighting Fixture Market Trends |
6 Grenada Lighting Fixture Market, By Types |
6.1 Grenada Lighting Fixture Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Lighting Fixture Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Grenada Lighting Fixture Market Revenues & Volume, By Ceiling Fixtures, 2021 - 2031F |
6.1.4 Grenada Lighting Fixture Market Revenues & Volume, By Wall-Mounted Fixtures, 2021 - 2031F |
6.1.5 Grenada Lighting Fixture Market Revenues & Volume, By Recessed Lighting, 2021 - 2031F |
6.1.6 Grenada Lighting Fixture Market Revenues & Volume, By Pendant Lighting, 2021 - 2031F |
6.2 Grenada Lighting Fixture Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Lighting Fixture Market Revenues & Volume, By Residential, 2021 - 2031F |
6.2.3 Grenada Lighting Fixture Market Revenues & Volume, By Commercial, 2021 - 2031F |
6.2.4 Grenada Lighting Fixture Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.3 Grenada Lighting Fixture Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Grenada Lighting Fixture Market Revenues & Volume, By Households, 2021 - 2031F |
6.3.3 Grenada Lighting Fixture Market Revenues & Volume, By Offices, 2021 - 2031F |
6.3.4 Grenada Lighting Fixture Market Revenues & Volume, By Factories, 2021 - 2031F |
6.4 Grenada Lighting Fixture Market, By Technology Type |
6.4.1 Overview and Analysis |
6.4.2 Grenada Lighting Fixture Market Revenues & Volume, By LED, 2021 - 2031F |
6.4.3 Grenada Lighting Fixture Market Revenues & Volume, By Fluorescent, 2021 - 2031F |
6.4.4 Grenada Lighting Fixture Market Revenues & Volume, By Incandescent, 2021 - 2031F |
6.4.5 Grenada Lighting Fixture Market Revenues & Volume, By Halogen, 2021 - 2031F |
7 Grenada Lighting Fixture Market Import-Export Trade Statistics |
7.1 Grenada Lighting Fixture Market Export to Major Countries |
7.2 Grenada Lighting Fixture Market Imports from Major Countries |
8 Grenada Lighting Fixture Market Key Performance Indicators |
8.1 Energy efficiency rating of lighting fixtures |
8.2 Number of new construction projects in Grenada incorporating modern lighting solutions |
8.3 Percentage of government buildings using sustainable lighting technologies |
9 Grenada Lighting Fixture Market - Opportunity Assessment |
9.1 Grenada Lighting Fixture Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Grenada Lighting Fixture Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Lighting Fixture Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Grenada Lighting Fixture Market Opportunity Assessment, By Technology Type, 2021 & 2031F |
10 Grenada Lighting Fixture Market - Competitive Landscape |
10.1 Grenada Lighting Fixture Market Revenue Share, By Companies, 2024 |
10.2 Grenada Lighting Fixture 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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