| Product Code: ETC5574449 | 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 |
Grenada`s refrigeration cooler import market continues to thrive in 2024 with a high Herfindahl-Hirschman Index (HHI) indicating concentrated trade among top exporting countries like the USA, Panama, Italy, UK, and Germany. The impressive Compound Annual Growth Rate (CAGR) of 13.43% from 2020-24 highlights sustained demand. Notably, the exceptional growth rate of 29.12% from 2023-24 signifies a significant uptick in imports, showcasing a promising outlook for the industry in Grenada.
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 Refrigeration Coolers Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Refrigeration Coolers Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Refrigeration Coolers Market - Industry Life Cycle |
3.4 Grenada Refrigeration Coolers Market - Porter's Five Forces |
3.5 Grenada Refrigeration Coolers Market Revenues & Volume Share, By Component , 2021 & 2031F |
3.6 Grenada Refrigeration Coolers Market Revenues & Volume Share, By Refrigerant , 2021 & 2031F |
3.7 Grenada Refrigeration Coolers Market Revenues & Volume Share, By Applications , 2021 & 2031F |
4 Grenada Refrigeration Coolers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient cooling solutions in Grenada |
4.2.2 Growing tourism industry leading to higher demand for refrigeration coolers in hotels, restaurants, and other establishments |
4.2.3 Government initiatives promoting sustainable practices and encouraging the use of eco-friendly refrigeration solutions |
4.3 Market Restraints |
4.3.1 High initial cost of purchasing refrigeration coolers impacting adoption rates |
4.3.2 Limited availability of skilled technicians for installation and maintenance of refrigeration coolers |
4.3.3 Fluctuations in electricity prices affecting operating costs for businesses using refrigeration coolers |
5 Grenada Refrigeration Coolers Market Trends |
6 Grenada Refrigeration Coolers Market Segmentations |
6.1 Grenada Refrigeration Coolers Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Grenada Refrigeration Coolers Market Revenues & Volume, By Evaporators , 2021-2031F |
6.1.3 Grenada Refrigeration Coolers Market Revenues & Volume, By Air Coolers, 2021-2031F |
6.1.4 Grenada Refrigeration Coolers Market Revenues & Volume, By Condensers, 2021-2031F |
6.2 Grenada Refrigeration Coolers Market, By Refrigerant |
6.2.1 Overview and Analysis |
6.2.2 Grenada Refrigeration Coolers Market Revenues & Volume, By HFC/HFO, 2021-2031F |
6.2.3 Grenada Refrigeration Coolers Market Revenues & Volume, By NH3, 2021-2031F |
6.2.4 Grenada Refrigeration Coolers Market Revenues & Volume, By CO2, 2021-2031F |
6.2.5 Grenada Refrigeration Coolers Market Revenues & Volume, By Glycol, 2021-2031F |
6.2.6 Grenada Refrigeration Coolers Market Revenues & Volume, By Others, 2021-2031F |
6.3 Grenada Refrigeration Coolers Market, By Applications |
6.3.1 Overview and Analysis |
6.3.2 Grenada Refrigeration Coolers Market Revenues & Volume, By Commercial, 2021-2031F |
6.3.3 Grenada Refrigeration Coolers Market Revenues & Volume, By Industrial, 2021-2031F |
7 Grenada Refrigeration Coolers Market Import-Export Trade Statistics |
7.1 Grenada Refrigeration Coolers Market Export to Major Countries |
7.2 Grenada Refrigeration Coolers Market Imports from Major Countries |
8 Grenada Refrigeration Coolers Market Key Performance Indicators |
8.1 Energy efficiency rating of refrigeration coolers in the market |
8.2 Number of new hotel and restaurant establishments in Grenada using refrigeration coolers |
8.3 Percentage of government subsidies or incentives given for purchasing eco-friendly refrigeration coolers |
9 Grenada Refrigeration Coolers Market - Opportunity Assessment |
9.1 Grenada Refrigeration Coolers Market Opportunity Assessment, By Component , 2021 & 2031F |
9.2 Grenada Refrigeration Coolers Market Opportunity Assessment, By Refrigerant , 2021 & 2031F |
9.3 Grenada Refrigeration Coolers Market Opportunity Assessment, By Applications , 2021 & 2031F |
10 Grenada Refrigeration Coolers Market - Competitive Landscape |
10.1 Grenada Refrigeration Coolers Market Revenue Share, By Companies, 2024 |
10.2 Grenada Refrigeration Coolers 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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