Grenada Lighting Products Market (2025-2031) | Trends, Forecast, Share, Analysis, Size & Revenue, Industry, Segmentation, Value, Competitive Landscape, Growth, Companies, Outlook

Market Forecast By Standalone Type (LED Tubes & Bulbs, T8 LED Tubes & Bulbs, Incandescent, High Intensity Discharge), By Lighting Fixture (Ceiling Fixtures, Recessed Lighting Fixture, Strip Light Fixture, Chandeliers, Pendants), By Application (Residential Lighting, Commercial Lighting, Industrial Lighting, Outdoor Lighting) And Competitive Landscape
Product Code: ETC7373658 Publication Date: Sep 2024 Updated Date: Oct 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Dhaval Chaurasia No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

Grenada Lighting Products Market Top 5 Importing Countries and Market Competition (HHI) Analysis

The import shipments of lighting products to Grenada in 2024 show a significant increase in concentration, with the top exporting countries being the USA, UK, China, Spain, and Germany. The high Herfindahl-Hirschman Index (HHI) indicates a competitive market. The impressive Compound Annual Growth Rate (CAGR) of 21.98% from 2020 to 2024 highlights the growing demand for lighting products in Grenada. The remarkable growth rate of 38.67% from 2023 to 2024 suggests a thriving market with opportunities for further expansion and development in the lighting industry.

Key Highlights of the Report:

  • Grenada Lighting Products Market Outlook
  • Market Size of Grenada Lighting Products Market, 2024
  • Forecast of Grenada Lighting Products Market, 2031
  • Historical Data and Forecast of Grenada Lighting Products Revenues & Volume for the Period 2021- 2031
  • Grenada Lighting Products Market Trend Evolution
  • Grenada Lighting Products Market Drivers and Challenges
  • Grenada Lighting Products Price Trends
  • Grenada Lighting Products Porter's Five Forces
  • Grenada Lighting Products Industry Life Cycle
  • Historical Data and Forecast of Grenada Lighting Products Market Revenues & Volume By Standalone Type for the Period 2021- 2031
  • Historical Data and Forecast of Grenada Lighting Products Market Revenues & Volume By LED Tubes & Bulbs for the Period 2021- 2031
  • Historical Data and Forecast of Grenada Lighting Products Market Revenues & Volume By T8 LED Tubes & Bulbs for the Period 2021- 2031
  • Historical Data and Forecast of Grenada Lighting Products Market Revenues & Volume By Incandescent for the Period 2021- 2031
  • Historical Data and Forecast of Grenada Lighting Products Market Revenues & Volume By High Intensity Discharge for the Period 2021- 2031
  • Historical Data and Forecast of Grenada Lighting Products Market Revenues & Volume By Lighting Fixture for the Period 2021- 2031
  • Historical Data and Forecast of Grenada Lighting Products Market Revenues & Volume By Ceiling Fixtures for the Period 2021- 2031
  • Historical Data and Forecast of Grenada Lighting Products Market Revenues & Volume By Recessed Lighting Fixture for the Period 2021- 2031
  • Historical Data and Forecast of Grenada Lighting Products Market Revenues & Volume By Strip Light Fixture for the Period 2021- 2031
  • Historical Data and Forecast of Grenada Lighting Products Market Revenues & Volume By Chandeliers for the Period 2021- 2031
  • Historical Data and Forecast of Grenada Lighting Products Market Revenues & Volume By Pendants for the Period 2021- 2031
  • Historical Data and Forecast of Grenada Lighting Products Market Revenues & Volume By Application for the Period 2021- 2031
  • Historical Data and Forecast of Grenada Lighting Products Market Revenues & Volume By Residential Lighting for the Period 2021- 2031
  • Historical Data and Forecast of Grenada Lighting Products Market Revenues & Volume By Commercial Lighting for the Period 2021- 2031
  • Historical Data and Forecast of Grenada Lighting Products Market Revenues & Volume By Industrial Lighting for the Period 2021- 2031
  • Historical Data and Forecast of Grenada Lighting Products Market Revenues & Volume By Outdoor Lighting for the Period 2021- 2031
  • Grenada Lighting Products Import Export Trade Statistics
  • Market Opportunity Assessment By Standalone Type
  • Market Opportunity Assessment By Lighting Fixture
  • Market Opportunity Assessment By Application
  • Grenada Lighting Products Top Companies Market Share
  • Grenada Lighting Products Competitive Benchmarking By Technical and Operational Parameters
  • Grenada Lighting Products Company Profiles
  • Grenada Lighting Products Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Grenada Lighting Products Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Grenada Lighting Products Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Products Market Overview

3.1 Grenada Country Macro Economic Indicators

3.2 Grenada Lighting Products Market Revenues & Volume, 2021 & 2031F

3.3 Grenada Lighting Products Market - Industry Life Cycle

3.4 Grenada Lighting Products Market - Porter's Five Forces

3.5 Grenada Lighting Products Market Revenues & Volume Share, By Standalone Type, 2021 & 2031F

3.6 Grenada Lighting Products Market Revenues & Volume Share, By Lighting Fixture, 2021 & 2031F

3.7 Grenada Lighting Products Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Grenada Lighting Products Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing focus on energy efficiency and sustainability in Grenada

4.2.2 Rising urbanization and infrastructure development projects

4.2.3 Growing demand for smart lighting solutions in commercial and residential sectors

4.3 Market Restraints

4.3.1 High initial costs associated with LED and smart lighting technologies

4.3.2 Limited awareness and adoption of energy-efficient lighting products in the market

5 Grenada Lighting Products Market Trends

6 Grenada Lighting Products Market, By Types

6.1 Grenada Lighting Products Market, By Standalone Type

6.1.1 Overview and Analysis

6.1.2 Grenada Lighting Products Market Revenues & Volume, By Standalone Type, 2021- 2031F

6.1.3 Grenada Lighting Products Market Revenues & Volume, By LED Tubes & Bulbs, 2021- 2031F

6.1.4 Grenada Lighting Products Market Revenues & Volume, By T8 LED Tubes & Bulbs, 2021- 2031F

6.1.5 Grenada Lighting Products Market Revenues & Volume, By Incandescent, 2021- 2031F

6.1.6 Grenada Lighting Products Market Revenues & Volume, By High Intensity Discharge, 2021- 2031F

6.2 Grenada Lighting Products Market, By Lighting Fixture

6.2.1 Overview and Analysis

6.2.2 Grenada Lighting Products Market Revenues & Volume, By Ceiling Fixtures, 2021- 2031F

6.2.3 Grenada Lighting Products Market Revenues & Volume, By Recessed Lighting Fixture, 2021- 2031F

6.2.4 Grenada Lighting Products Market Revenues & Volume, By Strip Light Fixture, 2021- 2031F

6.2.5 Grenada Lighting Products Market Revenues & Volume, By Chandeliers, 2021- 2031F

6.2.6 Grenada Lighting Products Market Revenues & Volume, By Pendants, 2021- 2031F

6.3 Grenada Lighting Products Market, By Application

6.3.1 Overview and Analysis

6.3.2 Grenada Lighting Products Market Revenues & Volume, By Residential Lighting, 2021- 2031F

6.3.3 Grenada Lighting Products Market Revenues & Volume, By Commercial Lighting, 2021- 2031F

6.3.4 Grenada Lighting Products Market Revenues & Volume, By Industrial Lighting, 2021- 2031F

6.3.5 Grenada Lighting Products Market Revenues & Volume, By Outdoor Lighting, 2021- 2031F

7 Grenada Lighting Products Market Import-Export Trade Statistics

7.1 Grenada Lighting Products Market Export to Major Countries

7.2 Grenada Lighting Products Market Imports from Major Countries

8 Grenada Lighting Products Market Key Performance Indicators

8.1 Percentage of energy-efficient lighting products in the market

8.2 Number of infrastructure projects incorporating modern lighting solutions

8.3 Adoption rate of smart lighting technologies in commercial and residential buildings

9 Grenada Lighting Products Market - Opportunity Assessment

9.1 Grenada Lighting Products Market Opportunity Assessment, By Standalone Type, 2021 & 2031F

9.2 Grenada Lighting Products Market Opportunity Assessment, By Lighting Fixture, 2021 & 2031F

9.3 Grenada Lighting Products Market Opportunity Assessment, By Application, 2021 & 2031F

10 Grenada Lighting Products Market - Competitive Landscape

10.1 Grenada Lighting Products Market Revenue Share, By Companies, 2024

10.2 Grenada Lighting Products Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

Export potential assessment - trade Analytics for 2030

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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