| Product Code: ETC7373269 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Grenada`s LPG vaporizer import shipments in 2024 saw a significant increase in concentration with top exporters being USA, UK, Italy, Areas, nes, and Greece. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. With a impressive compound annual growth rate (CAGR) of 21.32% from 2020 to 2024 and a remarkable growth rate of 119.69% from 2023 to 2024, the LPG vaporizer market in Grenada is experiencing rapid expansion and robust international trade dynamics.
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 LPG Vaporizer Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada LPG Vaporizer Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada LPG Vaporizer Market - Industry Life Cycle |
3.4 Grenada LPG Vaporizer Market - Porter's Five Forces |
3.5 Grenada LPG Vaporizer Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Grenada LPG Vaporizer Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
3.7 Grenada LPG Vaporizer Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Grenada LPG Vaporizer Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of LPG as a clean and efficient fuel source in Grenada |
4.2.2 Government initiatives promoting the use of LPG for cooking and heating purposes |
4.2.3 Growth of the tourism industry in Grenada leading to increased demand for LPG vaporizers |
4.3 Market Restraints |
4.3.1 High initial investment cost for LPG vaporizer installations |
4.3.2 Lack of awareness about the benefits of using LPG vaporizers among consumers in Grenada |
4.3.3 Limited availability of skilled technicians for installation and maintenance of LPG vaporizers |
5 Grenada LPG Vaporizer Market Trends |
6 Grenada LPG Vaporizer Market, By Types |
6.1 Grenada LPG Vaporizer Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Grenada LPG Vaporizer Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Grenada LPG Vaporizer Market Revenues & Volume, By Direct-fired, 2021- 2031F |
6.1.4 Grenada LPG Vaporizer Market Revenues & Volume, By Electric, 2021- 2031F |
6.1.5 Grenada LPG Vaporizer Market Revenues & Volume, By Steam/Water Bath, 2021- 2031F |
6.2 Grenada LPG Vaporizer Market, By Capacity |
6.2.1 Overview and Analysis |
6.2.2 Grenada LPG Vaporizer Market Revenues & Volume, By 40-160 gal/hr, 2021- 2031F |
6.2.3 Grenada LPG Vaporizer Market Revenues & Volume, By 168-455 gal/hr, 2021- 2031F |
6.2.4 Grenada LPG Vaporizer Market Revenues & Volume, By 555-1005 gal/hr, 2021- 2031F |
6.2.5 Grenada LPG Vaporizer Market Revenues & Volume, By >1000 gal/hr, 2021- 2031F |
6.3 Grenada LPG Vaporizer Market, By End-use |
6.3.1 Overview and Analysis |
6.3.2 Grenada LPG Vaporizer Market Revenues & Volume, By Industrial, 2021- 2031F |
6.3.3 Grenada LPG Vaporizer Market Revenues & Volume, By Commercial, 2021- 2031F |
6.3.4 Grenada LPG Vaporizer Market Revenues & Volume, By Agriculture, 2021- 2031F |
7 Grenada LPG Vaporizer Market Import-Export Trade Statistics |
7.1 Grenada LPG Vaporizer Market Export to Major Countries |
7.2 Grenada LPG Vaporizer Market Imports from Major Countries |
8 Grenada LPG Vaporizer Market Key Performance Indicators |
8.1 Number of new LPG connections in Grenada |
8.2 Growth rate of LPG consumption in residential and commercial sectors |
8.3 Percentage increase in the number of LPG vaporizer installations in Grenada |
8.4 Average downtime for LPG vaporizer maintenance |
8.5 Percentage of households using LPG as their primary cooking fuel |
9 Grenada LPG Vaporizer Market - Opportunity Assessment |
9.1 Grenada LPG Vaporizer Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Grenada LPG Vaporizer Market Opportunity Assessment, By Capacity, 2021 & 2031F |
9.3 Grenada LPG Vaporizer Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Grenada LPG Vaporizer Market - Competitive Landscape |
10.1 Grenada LPG Vaporizer Market Revenue Share, By Companies, 2024 |
10.2 Grenada LPG Vaporizer 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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