| Product Code: ETC6306024 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Barbados market for CBD patches continues to see strong import activity, with top exporting countries in 2024 being the USA, UK, Germany, China, and Panama. The market concentration, as measured by the HHI, has increased significantly from 2023 to 2024, indicating a very high level of concentration among suppliers. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period 2020-2024 stands at a healthy 8.11%, reflecting sustained demand and potential opportunities for market expansion in the CBD patch segment in Barbados.

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 Barbados CBD Patch Market Overview |
3.1 Barbados Country Macro Economic Indicators |
3.2 Barbados CBD Patch Market Revenues & Volume, 2021 & 2031F |
3.3 Barbados CBD Patch Market - Industry Life Cycle |
3.4 Barbados CBD Patch Market - Porter's Five Forces |
3.5 Barbados CBD Patch Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Barbados CBD Patch Market Revenues & Volume Share, By Species, 2021 & 2031F |
3.7 Barbados CBD Patch Market Revenues & Volume Share, By Packaging, 2021 & 2031F |
3.8 Barbados CBD Patch Market Revenues & Volume Share, By Dosage, 2021 & 2031F |
3.9 Barbados CBD Patch Market Revenues & Volume Share, By Derivatives, 2021 & 2031F |
3.10 Barbados CBD Patch Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.11 Barbados CBD Patch Market Revenues & Volume Share, By Source Type, 2021 & 2031F |
4 Barbados CBD Patch Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness and acceptance of CBD products in Barbados |
4.2.2 Growing demand for natural and alternative health remedies |
4.2.3 Favorable regulatory environment for CBD products in Barbados |
4.3 Market Restraints |
4.3.1 Lack of clear regulations and guidelines specific to CBD patches in Barbados |
4.3.2 Limited availability of high-quality CBD patch products in the market |
5 Barbados CBD Patch Market Trends |
6 Barbados CBD Patch Market, By Types |
6.1 Barbados CBD Patch Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Barbados CBD Patch Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Barbados CBD Patch Market Revenues & Volume, By Layer Drug-In-Adhesive, 2021- 2031F |
6.1.4 Barbados CBD Patch Market Revenues & Volume, By Reservoir, 2021- 2031F |
6.1.5 Barbados CBD Patch Market Revenues & Volume, By Matrix, 2021- 2031F |
6.2 Barbados CBD Patch Market, By Species |
6.2.1 Overview and Analysis |
6.2.2 Barbados CBD Patch Market Revenues & Volume, By Cannabis Indica, 2021- 2031F |
6.2.3 Barbados CBD Patch Market Revenues & Volume, By Sativa, 2021- 2031F |
6.2.4 Barbados CBD Patch Market Revenues & Volume, By Hybrid, 2021- 2031F |
6.3 Barbados CBD Patch Market, By Packaging |
6.3.1 Overview and Analysis |
6.3.2 Barbados CBD Patch Market Revenues & Volume, By Two to Five Patches, 2021- 2031F |
6.3.3 Barbados CBD Patch Market Revenues & Volume, By Single Patch, 2021- 2031F |
6.3.4 Barbados CBD Patch Market Revenues & Volume, By More Than Five Patches, 2021- 2031F |
6.4 Barbados CBD Patch Market, By Dosage |
6.4.1 Overview and Analysis |
6.4.2 Barbados CBD Patch Market Revenues & Volume, By Below 30mg, 2021- 2031F |
6.4.3 Barbados CBD Patch Market Revenues & Volume, By 30-40 mg, 2021- 2031F |
6.4.4 Barbados CBD Patch Market Revenues & Volume, By 40-50mg, 2021- 2031F |
6.4.5 Barbados CBD Patch Market Revenues & Volume, By Above 50 mg, 2021- 2031F |
6.5 Barbados CBD Patch Market, By Derivatives |
6.5.1 Overview and Analysis |
6.5.2 Barbados CBD Patch Market Revenues & Volume, By Cannabidiol (CBD), 2021- 2031F |
6.5.3 Barbados CBD Patch Market Revenues & Volume, By Tetrahydrocannabinol (THC), 2021- 2031F |
6.5.4 Barbados CBD Patch Market Revenues & Volume, By Others, 2021- 2031F |
6.6 Barbados CBD Patch Market, By Application |
6.6.1 Overview and Analysis |
6.6.2 Barbados CBD Patch Market Revenues & Volume, By Chronic Pain, 2021- 2031F |
6.6.3 Barbados CBD Patch Market Revenues & Volume, By Anxiety, 2021- 2031F |
6.6.4 Barbados CBD Patch Market Revenues & Volume, By Arthritis, 2021- 2031F |
6.6.5 Barbados CBD Patch Market Revenues & Volume, By Elevate Mood, 2021- 2031F |
6.6.6 Barbados CBD Patch Market Revenues & Volume, By Neurological Pain, 2021- 2031F |
6.6.7 Barbados CBD Patch Market Revenues & Volume, By Others, 2021- 2031F |
6.7 Barbados CBD Patch Market, By Source Type |
6.7.1 Overview and Analysis |
6.7.2 Barbados CBD Patch Market Revenues & Volume, By Natural, 2021- 2031F |
6.7.3 Barbados CBD Patch Market Revenues & Volume, By Synthetic, 2021- 2031F |
6.8 Barbados CBD Patch Market, By End User |
6.8.1 Overview and Analysis |
6.8.2 Barbados CBD Patch Market Revenues & Volume, By Homecare Setting, 2021- 2031F |
6.8.3 Barbados CBD Patch Market Revenues & Volume, By Research and Development Centres, 2021- 2031F |
6.8.4 Barbados CBD Patch Market Revenues & Volume, By Clinics, 2021- 2031F |
6.8.5 Barbados CBD Patch Market Revenues & Volume, By Clinics, 2021- 2031F |
6.8.6 Barbados CBD Patch Market Revenues & Volume, By Rehab Centres, 2021- 2031F |
6.8.7 Barbados CBD Patch Market Revenues & Volume, By Others, 2021- 2031F |
7 Barbados CBD Patch Market Import-Export Trade Statistics |
7.1 Barbados CBD Patch Market Export to Major Countries |
7.2 Barbados CBD Patch Market Imports from Major Countries |
8 Barbados CBD Patch Market Key Performance Indicators |
8.1 Number of new CBD patch products introduced in the market |
8.2 Consumer satisfaction and feedback on CBD patch products |
8.3 Number of retail outlets stocking CBD patches in Barbados |
9 Barbados CBD Patch Market - Opportunity Assessment |
9.1 Barbados CBD Patch Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Barbados CBD Patch Market Opportunity Assessment, By Species, 2021 & 2031F |
9.3 Barbados CBD Patch Market Opportunity Assessment, By Packaging, 2021 & 2031F |
9.4 Barbados CBD Patch Market Opportunity Assessment, By Dosage, 2021 & 2031F |
9.5 Barbados CBD Patch Market Opportunity Assessment, By Derivatives, 2021 & 2031F |
9.6 Barbados CBD Patch Market Opportunity Assessment, By Application, 2021 & 2031F |
9.7 Barbados CBD Patch Market Opportunity Assessment, By Source Type, 2021 & 2031F |
9.7 Barbados CBD Patch Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Barbados CBD Patch Market - Competitive Landscape |
10.1 Barbados CBD Patch Market Revenue Share, By Companies, 2024 |
10.2 Barbados CBD Patch 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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