| Product Code: ETC7383723 | 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 heavily on imports for water sinks, with the top exporting countries being the USA, Trinidad and Tobago, Canada, UK, and UAE. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive compound annual growth rate (CAGR) of 12.24% from 2020-24 reflects sustained demand. However, the negative growth rate of -30.92% in 2024 suggests a recent downturn, signaling potential challenges or shifts in the market dynamics that importers and stakeholders should monitor closely.
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 Water Sink Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Water Sink Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Water Sink Market - Industry Life Cycle |
3.4 Grenada Water Sink Market - Porter's Five Forces |
3.5 Grenada Water Sink Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Water Sink Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Water Sink Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Water Sink Market Trends |
6 Grenada Water Sink Market, By Types |
6.1 Grenada Water Sink Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Water Sink Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Water Sink Market Revenues & Volume, By Stainless Steel Water Sinks, 2021- 2031F |
6.1.4 Grenada Water Sink Market Revenues & Volume, By Ceramic Water Sinks, 2021- 2031F |
6.1.5 Grenada Water Sink Market Revenues & Volume, By Artificial Stone Water Sinks, 2021- 2031F |
6.1.6 Grenada Water Sink Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Grenada Water Sink Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Water Sink Market Revenues & Volume, By Bathroom, 2021- 2031F |
6.2.3 Grenada Water Sink Market Revenues & Volume, By Kitchen, 2021- 2031F |
6.2.4 Grenada Water Sink Market Revenues & Volume, By Others, 2021- 2031F |
7 Grenada Water Sink Market Import-Export Trade Statistics |
7.1 Grenada Water Sink Market Export to Major Countries |
7.2 Grenada Water Sink Market Imports from Major Countries |
8 Grenada Water Sink Market Key Performance Indicators |
9 Grenada Water Sink Market - Opportunity Assessment |
9.1 Grenada Water Sink Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Water Sink Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Water Sink Market - Competitive Landscape |
10.1 Grenada Water Sink Market Revenue Share, By Companies, 2024 |
10.2 Grenada Water Sink 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.
To discover high-growth global markets and optimize your business strategy:
Click Here