| Product Code: ETC5244362 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Grenada`s apparel accessories import market saw significant growth in 2024, with top exporting countries including Barbados, USA, Trinidad and Tobago, Pakistan, and the UK. Despite a high concentration in 2023, the market concentration remained high in 2024. The impressive Compound Annual Growth Rate (CAGR) of 24.26% from 2020 to 2024 indicates a thriving market. The remarkable growth rate of 102.06% from 2023 to 2024 highlights the increasing demand for apparel accessories in Grenada, presenting lucrative opportunities for businesses in the sector.
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 Apparel Accessories Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Apparel Accessories Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Apparel Accessories Market - Industry Life Cycle |
3.4 Grenada Apparel Accessories Market - Porter's Five Forces |
3.5 Grenada Apparel Accessories Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Grenada Apparel Accessories Market Revenues & Volume Share, By Demographic, 2021 & 2031F |
3.7 Grenada Apparel Accessories Market Revenues & Volume Share, By Price, 2021 & 2031F |
3.8 Grenada Apparel Accessories Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Grenada Apparel Accessories Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing consumer awareness and demand for sustainable and ethically sourced apparel accessories |
4.2.2 Increasing disposable income and changing fashion trends in Grenada |
4.2.3 Adoption of online shopping platforms and e-commerce channels for apparel accessories |
4.3 Market Restraints |
4.3.1 High competition from international brands and online retailers |
4.3.2 Limited availability of raw materials locally, leading to higher production costs |
4.3.3 Economic instability and fluctuations in exchange rates impacting pricing and consumer spending |
5 Grenada Apparel Accessories Market Trends |
6 Grenada Apparel Accessories Market Segmentations |
6.1 Grenada Apparel Accessories Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Grenada Apparel Accessories Market Revenues & Volume, By Belts, 2021-2031F |
6.1.3 Grenada Apparel Accessories Market Revenues & Volume, By Handbags, 2021-2031F |
6.1.4 Grenada Apparel Accessories Market Revenues & Volume, By Scarves, 2021-2031F |
6.1.5 Grenada Apparel Accessories Market Revenues & Volume, By Eye wear, 2021-2031F |
6.1.6 Grenada Apparel Accessories Market Revenues & Volume, By Jewelry , 2021-2031F |
6.1.7 Grenada Apparel Accessories Market Revenues & Volume, By Neckties, 2021-2031F |
6.1.9 Grenada Apparel Accessories Market Revenues & Volume, By Others, 2021-2031F |
6.1.10 Grenada Apparel Accessories Market Revenues & Volume, By Others, 2021-2031F |
6.2 Grenada Apparel Accessories Market, By Demographic |
6.2.1 Overview and Analysis |
6.2.2 Grenada Apparel Accessories Market Revenues & Volume, By Men, 2021-2031F |
6.2.3 Grenada Apparel Accessories Market Revenues & Volume, By Women, 2021-2031F |
6.2.4 Grenada Apparel Accessories Market Revenues & Volume, By Children, 2021-2031F |
6.3 Grenada Apparel Accessories Market, By Price |
6.3.1 Overview and Analysis |
6.3.2 Grenada Apparel Accessories Market Revenues & Volume, By Economical Apparel Accessories, 2021-2031F |
6.3.3 Grenada Apparel Accessories Market Revenues & Volume, By Mid-range Apparel Accessories, 2021-2031F |
6.3.4 Grenada Apparel Accessories Market Revenues & Volume, By Premium Apparel Accessories, 2021-2031F |
6.3.5 Grenada Apparel Accessories Market Revenues & Volume, By Super-premium Apparel Accessories, 2021-2031F |
6.4 Grenada Apparel Accessories Market, By Sales Channel |
6.4.1 Overview and Analysis |
6.4.2 Grenada Apparel Accessories Market Revenues & Volume, By Apparel Accessories Sold through Modern Trade, 2021-2031F |
6.4.3 Grenada Apparel Accessories Market Revenues & Volume, By Apparel Accessories Sold at Franchise Outlets, 2021-2031F |
6.4.4 Grenada Apparel Accessories Market Revenues & Volume, By Apparel Accessories Sold at Specialty Stores, 2021-2031F |
6.4.5 Grenada Apparel Accessories Market Revenues & Volume, By Others, 2021-2031F |
7 Grenada Apparel Accessories Market Import-Export Trade Statistics |
7.1 Grenada Apparel Accessories Market Export to Major Countries |
7.2 Grenada Apparel Accessories Market Imports from Major Countries |
8 Grenada Apparel Accessories Market Key Performance Indicators |
8.1 Customer satisfaction and retention rates for apparel accessories in Grenada |
8.2 Adoption rate of eco-friendly and sustainable practices in the production of apparel accessories |
8.3 Growth in online traffic and conversion rates for Grenada-based apparel accessory brands |
9 Grenada Apparel Accessories Market - Opportunity Assessment |
9.1 Grenada Apparel Accessories Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Grenada Apparel Accessories Market Opportunity Assessment, By Demographic, 2021 & 2031F |
9.3 Grenada Apparel Accessories Market Opportunity Assessment, By Price, 2021 & 2031F |
9.4 Grenada Apparel Accessories Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 Grenada Apparel Accessories Market - Competitive Landscape |
10.1 Grenada Apparel Accessories Market Revenue Share, By Companies, 2024 |
10.2 Grenada Apparel Accessories 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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