| Product Code: ETC5247953 | 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 benzoyl peroxide import market saw significant growth in 2024, with top exporters like Trinidad and Tobago and the USA dominating the market. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive compound annual growth rate (CAGR) of 39.28% from 2020 to 2024 highlights the increasing demand for benzoyl peroxide in Grenada. Additionally, the remarkable growth rate of 121.56% from 2023 to 2024 signals a surge in import shipments, reflecting a thriving market for this essential skincare ingredient.
The Benzoyl Peroxide market in Grenada is projected to grow at a stable growth rate of 2.04% by 2027, highlighting the country's increasing focus on advanced technologies within the North America region, where United States of America holds the dominant position, followed closely by Canada, Trinidad and Tobago, Jamaica and Bahamas, shaping overall regional demand.

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 Benzoyl Peroxide Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Benzoyl Peroxide Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Benzoyl Peroxide Market - Industry Life Cycle |
3.4 Grenada Benzoyl Peroxide Market - Porter's Five Forces |
3.5 Grenada Benzoyl Peroxide Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Benzoyl Peroxide Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Benzoyl Peroxide Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of skin conditions such as acne, leading to higher demand for benzoyl peroxide products. |
4.2.2 Growing awareness about skincare and beauty products among consumers in Grenada. |
4.2.3 Rising disposable income levels and willingness to spend on premium skincare products. |
4.3 Market Restraints |
4.3.1 Stringent regulations and compliance requirements for manufacturing and selling benzoyl peroxide products. |
4.3.2 Potential side effects and skin irritations associated with benzoyl peroxide, leading to concerns among consumers. |
5 Grenada Benzoyl Peroxide Market Trends |
6 Grenada Benzoyl Peroxide Market Segmentations |
6.1 Grenada Benzoyl Peroxide Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Benzoyl Peroxide Market Revenues & Volume, By 50% Benzoyl Peroxide Powder, 2021-2031F |
6.1.3 Grenada Benzoyl Peroxide Market Revenues & Volume, By 50% Benzoyl Peroxide Paste, 2021-2031F |
6.1.4 Grenada Benzoyl Peroxide Market Revenues & Volume, By Others, 2021-2031F |
6.2 Grenada Benzoyl Peroxide Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Benzoyl Peroxide Market Revenues & Volume, By Chemical and Plastics Industry, 2021-2031F |
6.2.3 Grenada Benzoyl Peroxide Market Revenues & Volume, By Building and Construction, 2021-2031F |
6.2.4 Grenada Benzoyl Peroxide Market Revenues & Volume, By Automotive and Transportation, 2021-2031F |
6.2.5 Grenada Benzoyl Peroxide Market Revenues & Volume, By Others, 2021-2031F |
7 Grenada Benzoyl Peroxide Market Import-Export Trade Statistics |
7.1 Grenada Benzoyl Peroxide Market Export to Major Countries |
7.2 Grenada Benzoyl Peroxide Market Imports from Major Countries |
8 Grenada Benzoyl Peroxide Market Key Performance Indicators |
8.1 Number of dermatologist recommendations for benzoyl peroxide products in Grenada. |
8.2 Percentage increase in online searches for benzoyl peroxide skincare products in Grenada. |
8.3 Customer satisfaction ratings for benzoyl peroxide products in Grenada. |
8.4 Percentage of repeat purchases of benzoyl peroxide products in Grenada. |
8.5 Number of new product launches and innovations in the benzoyl peroxide market in Grenada. |
9 Grenada Benzoyl Peroxide Market - Opportunity Assessment |
9.1 Grenada Benzoyl Peroxide Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Benzoyl Peroxide Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Benzoyl Peroxide Market - Competitive Landscape |
10.1 Grenada Benzoyl Peroxide Market Revenue Share, By Companies, 2024 |
10.2 Grenada Benzoyl Peroxide Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |