| Product Code: ETC7374961 | 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`s import shipments of minibar refrigerators in 2024 continued to be dominated by key exporters such as the USA, Mexico, Trinidad and Tobago, Panama, and China. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, with a notable Compound Annual Growth Rate (CAGR) of 34.86% from 2020 to 2024. The impressive growth rate of 98.02% from 2023 to 2024 suggests a thriving market for minibar refrigerators in Grenada, presenting opportunities for further expansion and market development in the coming years.
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 Minibar Refrigerators Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Minibar Refrigerators Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Minibar Refrigerators Market - Industry Life Cycle |
3.4 Grenada Minibar Refrigerators Market - Porter's Five Forces |
3.5 Grenada Minibar Refrigerators Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Grenada Minibar Refrigerators Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Grenada Minibar Refrigerators Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing tourism industry in Grenada leading to increased demand for hotel amenities like minibar refrigerators. |
4.2.2 Rising disposable income of consumers in Grenada, leading to higher spending on lifestyle products such as minibar refrigerators. |
4.2.3 Increasing focus on energy efficiency and sustainability, driving demand for energy-efficient minibar refrigerators in Grenada. |
4.3 Market Restraints |
4.3.1 High initial cost of purchasing minibar refrigerators may deter budget-constrained hotels in Grenada from investing in them. |
4.3.2 Limited availability of space in hotel rooms may restrict the installation of minibar refrigerators in Grenada. |
5 Grenada Minibar Refrigerators Market Trends |
6 Grenada Minibar Refrigerators Market, By Types |
6.1 Grenada Minibar Refrigerators Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Grenada Minibar Refrigerators Market Revenues & Volume, By Technology, 2021- 2031F |
6.1.3 Grenada Minibar Refrigerators Market Revenues & Volume, By Absorption, 2021- 2031F |
6.1.4 Grenada Minibar Refrigerators Market Revenues & Volume, By Thermoelectric/ Peltier, 2021- 2031F |
6.2 Grenada Minibar Refrigerators Market, By End-use |
6.2.1 Overview and Analysis |
6.2.2 Grenada Minibar Refrigerators Market Revenues & Volume, By Transportation, 2021- 2031F |
6.2.3 Grenada Minibar Refrigerators Market Revenues & Volume, By Marines, 2021- 2031F |
6.2.4 Grenada Minibar Refrigerators Market Revenues & Volume, By Cruise Ships, 2021- 2031F |
6.2.5 Grenada Minibar Refrigerators Market Revenues & Volume, By Campervans/RVs, 2021- 2031F |
6.2.6 Grenada Minibar Refrigerators Market Revenues & Volume, By Others, 2021- 2031F |
7 Grenada Minibar Refrigerators Market Import-Export Trade Statistics |
7.1 Grenada Minibar Refrigerators Market Export to Major Countries |
7.2 Grenada Minibar Refrigerators Market Imports from Major Countries |
8 Grenada Minibar Refrigerators Market Key Performance Indicators |
8.1 Energy efficiency rating of minibar refrigerators sold in Grenada. |
8.2 Number of hotels in Grenada offering minibar refrigerators as an amenity. |
8.3 Percentage of hotels in Grenada with positive customer feedback on minibar refrigerators. |
9 Grenada Minibar Refrigerators Market - Opportunity Assessment |
9.1 Grenada Minibar Refrigerators Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Grenada Minibar Refrigerators Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Grenada Minibar Refrigerators Market - Competitive Landscape |
10.1 Grenada Minibar Refrigerators Market Revenue Share, By Companies, 2024 |
10.2 Grenada Minibar Refrigerators 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.
To discover high-growth global markets and optimize your business strategy:
Click Here