| Product Code: ETC4656768 | 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 |
In 2024, Grenada saw a steady increase in apparel & textile machinery import shipments, with top exporting countries including the USA, UK, Trinidad and Tobago, China, and Canada. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market for these imports. The compound annual growth rate (CAGR) from 2020 to 2024 stood at 3.65%, showing consistent growth in the industry. Moreover, the growth rate from 2023 to 2024 spiked at 6.29%, signaling a promising trend for the sector in Grenada.
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 & Textile Machinery Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Apparel & Textile Machinery Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Apparel & Textile Machinery Market - Industry Life Cycle |
3.4 Grenada Apparel & Textile Machinery Market - Porter's Five Forces |
3.5 Grenada Apparel & Textile Machinery Market Revenues & Volume Share, By Machine Types, 2021 & 2031F |
3.6 Grenada Apparel & Textile Machinery Market Revenues & Volume Share, By Applications, 2021 & 2031F |
3.7 Grenada Apparel & Textile Machinery Market Revenues & Volume Share, By Raw Material Types, 2021 & 2031F |
4 Grenada Apparel & Textile Machinery Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Apparel & Textile Machinery Market Trends |
6 Grenada Apparel & Textile Machinery Market Segmentations |
6.1 Grenada Apparel & Textile Machinery Market, By Machine Types |
6.1.1 Overview and Analysis |
6.1.2 Grenada Apparel & Textile Machinery Market Revenues & Volume, By Spinning Machine, 2021-2031F |
6.1.3 Grenada Apparel & Textile Machinery Market Revenues & Volume, By Weaving Machine, 2021-2031F |
6.1.4 Grenada Apparel & Textile Machinery Market Revenues & Volume, By Knitting Machine, 2021-2031F |
6.1.5 Grenada Apparel & Textile Machinery Market Revenues & Volume, By Texturing Machine, 2021-2031F |
6.2 Grenada Apparel & Textile Machinery Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Grenada Apparel & Textile Machinery Market Revenues & Volume, By Textile Industry, 2021-2031F |
6.2.3 Grenada Apparel & Textile Machinery Market Revenues & Volume, By Clothing Industry, 2021-2031F |
6.3 Grenada Apparel & Textile Machinery Market, By Raw Material Types |
6.3.1 Overview and Analysis |
6.3.2 Grenada Apparel & Textile Machinery Market Revenues & Volume, By Wool, 2021-2031F |
6.3.3 Grenada Apparel & Textile Machinery Market Revenues & Volume, By Cotton, 2021-2031F |
6.3.4 Grenada Apparel & Textile Machinery Market Revenues & Volume, By Cellulosic, 2021-2031F |
6.3.5 Grenada Apparel & Textile Machinery Market Revenues & Volume, By Polypropylene, 2021-2031F |
6.3.6 Grenada Apparel & Textile Machinery Market Revenues & Volume, By Acrylic, 2021-2031F |
6.3.7 Grenada Apparel & Textile Machinery Market Revenues & Volume, By Others, 2021-2031F |
7 Grenada Apparel & Textile Machinery Market Import-Export Trade Statistics |
7.1 Grenada Apparel & Textile Machinery Market Export to Major Countries |
7.2 Grenada Apparel & Textile Machinery Market Imports from Major Countries |
8 Grenada Apparel & Textile Machinery Market Key Performance Indicators |
9 Grenada Apparel & Textile Machinery Market - Opportunity Assessment |
9.1 Grenada Apparel & Textile Machinery Market Opportunity Assessment, By Machine Types, 2021 & 2031F |
9.2 Grenada Apparel & Textile Machinery Market Opportunity Assessment, By Applications, 2021 & 2031F |
9.3 Grenada Apparel & Textile Machinery Market Opportunity Assessment, By Raw Material Types, 2021 & 2031F |
10 Grenada Apparel & Textile Machinery Market - Competitive Landscape |
10.1 Grenada Apparel & Textile Machinery Market Revenue Share, By Companies, 2024 |
10.2 Grenada Apparel & Textile Machinery 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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