| Product Code: ETC5111761 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
Grenada`s card import market in 2024 continued to show high concentration, with top exporting countries being the USA, Barbados, Trinidad and Tobago, UK, and China. Despite a significant decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the period 2020-2024 remained strong at 10.6%. This indicates steady growth in the market, with potential for further expansion and diversification in the coming years.
The Cards market in Grenada is projected to grow at a stable growth rate of 1.52% by 2027, within the North America region led by United States of America, along with other countries like Canada, Trinidad and Tobago, Jamaica and Bahamas, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

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 Cards Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Cards Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Cards Market - Industry Life Cycle |
3.4 Grenada Cards Market - Porter's Five Forces |
3.5 Grenada Cards Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Cards Market Revenues & Volume Share, By Usage, 2021 & 2031F |
3.7 Grenada Cards Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Grenada Cards Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness and demand for cashless transactions |
4.2.2 Growing adoption of digital payment solutions in Grenada |
4.2.3 Government initiatives to promote electronic payments and financial inclusion |
4.3 Market Restraints |
4.3.1 Limited merchant acceptance of card payments in Grenada |
4.3.2 Concerns about data security and privacy among consumers |
4.3.3 High costs associated with setting up card payment infrastructure in the country |
5 Grenada Cards Market Trends |
6 Grenada Cards Market Segmentations |
6.1 Grenada Cards Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Cards Market Revenues & Volume, By General Purpose, 2021-2031F |
6.1.3 Grenada Cards Market Revenues & Volume, By Private Label, 2021-2031F |
6.2 Grenada Cards Market, By Usage |
6.2.1 Overview and Analysis |
6.2.2 Grenada Cards Market Revenues & Volume, By General Purpose Re-Loadable Card, 2021-2031F |
6.2.3 Grenada Cards Market Revenues & Volume, By Government Benefit/Disbursement Card, 2021-2031F |
6.2.4 Grenada Cards Market Revenues & Volume, By Payroll Card, 2021-2031F |
6.2.5 Grenada Cards Market Revenues & Volume, By Others, 2021-2031F |
6.3 Grenada Cards Market, By End-User |
6.3.1 Overview and Analysis |
6.3.2 Grenada Cards Market Revenues & Volume, By Retail Establishments, 2021-2031F |
6.3.3 Grenada Cards Market Revenues & Volume, By Corporate Institutions, 2021-2031F |
6.3.4 Grenada Cards Market Revenues & Volume, By Government, 2021-2031F |
6.3.5 Grenada Cards Market Revenues & Volume, By Financial Institutions, 2021-2031F |
6.3.6 Grenada Cards Market Revenues & Volume, By Others, 2021-2031F |
7 Grenada Cards Market Import-Export Trade Statistics |
7.1 Grenada Cards Market Export to Major Countries |
7.2 Grenada Cards Market Imports from Major Countries |
8 Grenada Cards Market Key Performance Indicators |
8.1 Average transaction value per card |
8.2 Number of new cardholders acquired |
8.3 Percentage increase in contactless card transactions |
8.4 Merchant adoption rate of card payment terminals |
8.5 Customer satisfaction with card payment services |
9 Grenada Cards Market - Opportunity Assessment |
9.1 Grenada Cards Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Cards Market Opportunity Assessment, By Usage, 2021 & 2031F |
9.3 Grenada Cards Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Grenada Cards Market - Competitive Landscape |
10.1 Grenada Cards Market Revenue Share, By Companies, 2024 |
10.2 Grenada Cards Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |