| Product Code: ETC5073324 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Grenada continues to see a steady flow of sanitary ware imports, with top exporting countries including the USA, Trinidad and Tobago, China, UK, and Hong Kong. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market landscape. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the period 2020-2024 stands at a healthy 5.35%, reflecting a stable demand for sanitary ware products 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 Sanitary ware Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Sanitary ware Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Sanitary ware Market - Industry Life Cycle |
3.4 Grenada Sanitary ware Market - Porter's Five Forces |
3.5 Grenada Sanitary ware Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Grenada Sanitary ware Market Revenues & Volume Share, By Material, 2021 & 2031F |
4 Grenada Sanitary ware Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing focus on hygiene and cleanliness in residential and commercial spaces |
4.2.2 Growing construction and real estate industry in Grenada |
4.2.3 Rising disposable income leading to higher spending on home improvement and renovation projects |
4.3 Market Restraints |
4.3.1 High import tariffs on sanitary ware products leading to increased prices |
4.3.2 Limited availability of skilled labor for installation and maintenance of sanitary ware products |
4.3.3 Impact of global economic conditions on consumer spending behavior |
5 Grenada Sanitary ware Market Trends |
6 Grenada Sanitary ware Market Segmentations |
6.1 Grenada Sanitary ware Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Sanitary ware Market Revenues & Volume, By Toilet sink/water closet, 2021-2031F |
6.1.3 Grenada Sanitary ware Market Revenues & Volume, By Wash basin, 2021-2031F |
6.1.4 Grenada Sanitary ware Market Revenues & Volume, By Pedestal, 2021-2031F |
6.1.5 Grenada Sanitary ware Market Revenues & Volume, By Cistern, 2021-2031F |
6.2 Grenada Sanitary ware Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Grenada Sanitary ware Market Revenues & Volume, By Ceramic, 2021-2031F |
6.2.3 Grenada Sanitary ware Market Revenues & Volume, By Pressed metal, 2021-2031F |
6.2.4 Grenada Sanitary ware Market Revenues & Volume, By Acrylic plastics & Perspex, 2021-2031F |
6.2.5 Grenada Sanitary ware Market Revenues & Volume, By Others, 2021-2031F |
7 Grenada Sanitary ware Market Import-Export Trade Statistics |
7.1 Grenada Sanitary ware Market Export to Major Countries |
7.2 Grenada Sanitary ware Market Imports from Major Countries |
8 Grenada Sanitary ware Market Key Performance Indicators |
8.1 Average number of new construction projects in Grenada |
8.2 Percentage increase in household expenditure on home improvement and renovation |
8.3 Number of building permits issued for residential and commercial projects in Grenada |
9 Grenada Sanitary ware Market - Opportunity Assessment |
9.1 Grenada Sanitary ware Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Grenada Sanitary ware Market Opportunity Assessment, By Material, 2021 & 2031F |
10 Grenada Sanitary ware Market - Competitive Landscape |
10.1 Grenada Sanitary ware Market Revenue Share, By Companies, 2024 |
10.2 Grenada Sanitary ware 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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