| Product Code: ETC7383300 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Grenada continued to rely on imports of ventilation and air conditioning ducts, with top exporters being Trinidad and Tobago, UK, Puerto Rico, USA, and China. The high concentration of the Herfindahl-Hirschman Index (HHI) indicates a competitive market. However, the industry experienced a negative Compound Annual Growth Rate (CAGR) of -2.97% from 2020 to 2024, with a significant decline in growth rate from 2023 to 2024 at -13.47%. This suggests challenges and shifts in the market dynamics that may have impacted the import shipments of these products 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 Ventilation Air Conditioning Duct Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Ventilation Air Conditioning Duct Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Ventilation Air Conditioning Duct Market - Industry Life Cycle |
3.4 Grenada Ventilation Air Conditioning Duct Market - Porter's Five Forces |
3.5 Grenada Ventilation Air Conditioning Duct Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Ventilation Air Conditioning Duct Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Ventilation Air Conditioning Duct Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient HVAC solutions in Grenada |
4.2.2 Growing awareness about indoor air quality and health concerns driving the adoption of ventilation systems |
4.2.3 Urbanization and commercial development leading to a rise in construction activities, boosting the demand for HVAC duct systems |
4.3 Market Restraints |
4.3.1 High initial cost of installation and maintenance of ventilation and air conditioning duct systems |
4.3.2 Limited technical expertise and skilled labor for HVAC system installation and maintenance in Grenada |
4.3.3 Regulatory challenges and compliance requirements impacting the market growth |
5 Grenada Ventilation Air Conditioning Duct Market Trends |
6 Grenada Ventilation Air Conditioning Duct Market, By Types |
6.1 Grenada Ventilation Air Conditioning Duct Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Ventilation Air Conditioning Duct Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Ventilation Air Conditioning Duct Market Revenues & Volume, By Galvanized Sheet Type, 2021- 2031F |
6.1.4 Grenada Ventilation Air Conditioning Duct Market Revenues & Volume, By Stainless Steel Type, 2021- 2031F |
6.1.5 Grenada Ventilation Air Conditioning Duct Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Grenada Ventilation Air Conditioning Duct Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Ventilation Air Conditioning Duct Market Revenues & Volume, By Family, 2021- 2031F |
6.2.3 Grenada Ventilation Air Conditioning Duct Market Revenues & Volume, By Business District, 2021- 2031F |
6.2.4 Grenada Ventilation Air Conditioning Duct Market Revenues & Volume, By Workspace, 2021- 2031F |
6.2.5 Grenada Ventilation Air Conditioning Duct Market Revenues & Volume, By Others, 2021- 2031F |
7 Grenada Ventilation Air Conditioning Duct Market Import-Export Trade Statistics |
7.1 Grenada Ventilation Air Conditioning Duct Market Export to Major Countries |
7.2 Grenada Ventilation Air Conditioning Duct Market Imports from Major Countries |
8 Grenada Ventilation Air Conditioning Duct Market Key Performance Indicators |
8.1 Energy efficiency rating of HVAC systems installed in Grenada |
8.2 Number of new construction projects incorporating advanced ventilation and air conditioning duct systems |
8.3 Percentage of HVAC system maintenance contracts renewed annually |
8.4 Average time taken for installation and commissioning of ventilation duct systems |
8.5 Number of training programs conducted for upskilling HVAC technicians in Grenada |
9 Grenada Ventilation Air Conditioning Duct Market - Opportunity Assessment |
9.1 Grenada Ventilation Air Conditioning Duct Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Ventilation Air Conditioning Duct Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Ventilation Air Conditioning Duct Market - Competitive Landscape |
10.1 Grenada Ventilation Air Conditioning Duct Market Revenue Share, By Companies, 2024 |
10.2 Grenada Ventilation Air Conditioning Duct Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |