| Product Code: ETC7379698 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Grenada continued to see a strong demand for residential hobs with top import sources being the USA, Panama, Germany, UK, and Italy. The market remained highly concentrated, with a high Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 stood at 6.4%, indicating sustained growth in the market. Furthermore, the growth rate from 2023 to 2024 was recorded at 3.52%, showcasing a steady increase in import shipments of residential hobs to 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 Residential Hobs Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Residential Hobs Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Residential Hobs Market - Industry Life Cycle |
3.4 Grenada Residential Hobs Market - Porter's Five Forces |
3.5 Grenada Residential Hobs Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Grenada Residential Hobs Market Revenues & Volume Share, By Size, 2021 & 2031F |
4 Grenada Residential Hobs Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Residential Hobs Market Trends |
6 Grenada Residential Hobs Market, By Types |
6.1 Grenada Residential Hobs Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Residential Hobs Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Grenada Residential Hobs Market Revenues & Volume, By Induction, 2021- 2031F |
6.1.4 Grenada Residential Hobs Market Revenues & Volume, By Gas, 2021- 2031F |
6.1.5 Grenada Residential Hobs Market Revenues & Volume, By Mix, 2021- 2031F |
6.2 Grenada Residential Hobs Market, By Size |
6.2.1 Overview and Analysis |
6.2.2 Grenada Residential Hobs Market Revenues & Volume, By 2 burner, 2021- 2031F |
6.2.3 Grenada Residential Hobs Market Revenues & Volume, By 3 burner, 2021- 2031F |
6.2.4 Grenada Residential Hobs Market Revenues & Volume, By 4 burner, 2021- 2031F |
6.2.5 Grenada Residential Hobs Market Revenues & Volume, By 5 burner, 2021- 2031F |
7 Grenada Residential Hobs Market Import-Export Trade Statistics |
7.1 Grenada Residential Hobs Market Export to Major Countries |
7.2 Grenada Residential Hobs Market Imports from Major Countries |
8 Grenada Residential Hobs Market Key Performance Indicators |
9 Grenada Residential Hobs Market - Opportunity Assessment |
9.1 Grenada Residential Hobs Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Grenada Residential Hobs Market Opportunity Assessment, By Size, 2021 & 2031F |
10 Grenada Residential Hobs Market - Competitive Landscape |
10.1 Grenada Residential Hobs Market Revenue Share, By Companies, 2024 |
10.2 Grenada Residential Hobs 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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