| Product Code: ETC5756393 | 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`s pool & spa import market continued to be dominated by a few key exporters, with the USA, South Africa, Panama, Trinidad and Tobago, and Barbados leading the pack. Despite a high Herfindahl-Hirschman Index indicating significant market concentration, the industry experienced a notable growth spike with a growth rate of 80.55% in 2024 compared to the previous year. However, the compound annual growth rate (CAGR) for the period 2020-2024 was negative at -10.05%, reflecting some challenges in the market over the past few 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 Pool & Spa Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Pool & Spa Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Pool & Spa Market - Industry Life Cycle |
3.4 Grenada Pool & Spa Market - Porter's Five Forces |
3.5 Grenada Pool & Spa Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Pool & Spa Market Revenues & Volume Share, By Accessories, 2021 & 2031F |
4 Grenada Pool & Spa Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for leisure and recreational activities in Grenada |
4.2.2 Increasing disposable income and consumer spending on lifestyle enhancements |
4.2.3 Rising trend of home improvement and outdoor living spaces development |
4.3 Market Restraints |
4.3.1 High initial costs associated with installing and maintaining pool and spa facilities |
4.3.2 Limited availability of skilled labor for pool and spa construction and maintenance |
5 Grenada Pool & Spa Market Trends |
6 Grenada Pool & Spa Market Segmentations |
6.1 Grenada Pool & Spa Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Pool & Spa Market Revenues & Volume, By Pools Lap, 2021-2031F |
6.1.3 Grenada Pool & Spa Market Revenues & Volume, By Wading, 2021-2031F |
6.1.4 Grenada Pool & Spa Market Revenues & Volume, By Heated; Spas Electric, 2021-2031F |
6.1.5 Grenada Pool & Spa Market Revenues & Volume, By Steam, 2021-2031F |
6.1.6 Grenada Pool & Spa Market Revenues & Volume, By Sauna, 2021-2031F |
6.1.7 Grenada Pool & Spa Market Revenues & Volume, By Hydromassage Bath, 2021-2031F |
6.2 Grenada Pool & Spa Market, By Accessories |
6.2.1 Overview and Analysis |
6.2.2 Grenada Pool & Spa Market Revenues & Volume, By Filters, 2021-2031F |
6.2.3 Grenada Pool & Spa Market Revenues & Volume, By Chlorinators, 2021-2031F |
6.2.4 Grenada Pool & Spa Market Revenues & Volume, By Blowers, 2021-2031F |
6.2.5 Grenada Pool & Spa Market Revenues & Volume, By Cleaners, 2021-2031F |
6.2.6 Grenada Pool & Spa Market Revenues & Volume, By Covers, 2021-2031F |
6.2.7 Grenada Pool & Spa Market Revenues & Volume, By Suction Fittings, 2021-2031F |
7 Grenada Pool & Spa Market Import-Export Trade Statistics |
7.1 Grenada Pool & Spa Market Export to Major Countries |
7.2 Grenada Pool & Spa Market Imports from Major Countries |
8 Grenada Pool & Spa Market Key Performance Indicators |
8.1 Customer satisfaction ratings for pool and spa facilities |
8.2 Number of new pool and spa installations in Grenada |
8.3 Average utilization rate of pool and spa facilities in residential and commercial properties |
9 Grenada Pool & Spa Market - Opportunity Assessment |
9.1 Grenada Pool & Spa Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Pool & Spa Market Opportunity Assessment, By Accessories, 2021 & 2031F |
10 Grenada Pool & Spa Market - Competitive Landscape |
10.1 Grenada Pool & Spa Market Revenue Share, By Companies, 2024 |
10.2 Grenada Pool & Spa 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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