Grenada Candles Market (2025-2031) | Segments, Strategic Insights, Demand, Competition, Pricing Analysis, Companies, Revenue, Restraints, Value, Investment Trends, Outlook, Consumer Insights, Supply, Size, Opportunities, Strategy, Growth, Competitive, Drivers, Analysis, Challenges, Industry, Forecast, Segmentation, Share, Trends

Name: Grenada Candles Market (2025-2031) | Trends, Outlook & Forecast
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Candles Market, Grenada Candles Market, Grenada Candles Market Revenues, Grenada Candles Market Share, Grenada Candles Market Size, Grenada Candles Market Outlook, Grenada Candles Market Report, Grenada Candles Market Competition, Grenada Candles Market Overview, Grenada Candles Market Trends, Grenada Candles Market Forecast

Market Forecast By Product Type (Scented Candles, Unscented Candles), By Application (Aromatherapy, Lighting), By Material (Paraffin Wax, Soy Wax), By Scent Type (Lavender, Rose, Unscented) And Competitive Landscape

Product Code: ETC11481382	Publication Date: Apr 2025	Updated Date: Oct 2025	Product Type: Market Research Report
Publisher: 6Wresearch	Author: Bhawna Singh	No. of Pages: 65	No. of Figures: 34	No. of Tables: 19

Grenada Candles Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Grenada`s candle import market in 2024 continued to see significant concentration, with top exporting countries being Trinidad and Tobago, USA, UK, China, and Netherlands. The high Herfindahl-Hirschman Index (HHI) indicates a competitive landscape dominated by a few key players. The impressive Compound Annual Growth Rate (CAGR) of 8.52% from 2020 to 2024 points to sustained market expansion. Moreover, the growth rate of 13.94% in 2024 signals a particularly strong performance, suggesting an increasing demand for candles in Grenada.

Key Highlights of the Report:

Grenada Candles Market Outlook
Market Size of Grenada Candles Market, 2024
Forecast of Grenada Candles Market, 2031
Historical Data and Forecast of Grenada Candles Revenues & Volume for the Period 2021-2031
Grenada Candles Market Trend Evolution
Grenada Candles Market Drivers and Challenges
Grenada Candles Price Trends
Grenada Candles Porter's Five Forces
Grenada Candles Industry Life Cycle
Historical Data and Forecast of Grenada Candles Market Revenues & Volume By Product Type for the Period 2021-2031
Historical Data and Forecast of Grenada Candles Market Revenues & Volume By Scented Candles for the Period 2021-2031
Historical Data and Forecast of Grenada Candles Market Revenues & Volume By Unscented Candles for the Period 2021-2031
Historical Data and Forecast of Grenada Candles Market Revenues & Volume By Application for the Period 2021-2031
Historical Data and Forecast of Grenada Candles Market Revenues & Volume By Aromatherapy for the Period 2021-2031
Historical Data and Forecast of Grenada Candles Market Revenues & Volume By Lighting for the Period 2021-2031
Historical Data and Forecast of Grenada Candles Market Revenues & Volume By Material for the Period 2021-2031
Historical Data and Forecast of Grenada Candles Market Revenues & Volume By Paraffin Wax for the Period 2021-2031
Historical Data and Forecast of Grenada Candles Market Revenues & Volume By Soy Wax for the Period 2021-2031
Historical Data and Forecast of Grenada Candles Market Revenues & Volume By Scent Type for the Period 2021-2031
Historical Data and Forecast of Grenada Candles Market Revenues & Volume By Lavender, Rose for the Period 2021-2031
Historical Data and Forecast of Grenada Candles Market Revenues & Volume By Unscented for the Period 2021-2031
Grenada Candles Import Export Trade Statistics
Market Opportunity Assessment By Product Type
Market Opportunity Assessment By Application
Market Opportunity Assessment By Material
Market Opportunity Assessment By Scent Type
Grenada Candles Top Companies Market Share
Grenada Candles Competitive Benchmarking By Technical and Operational Parameters
Grenada Candles Company Profiles
Grenada Candles Key Strategic Recommendations

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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 Candles Market Overview

3.1 Grenada Country Macro Economic Indicators

3.2 Grenada Candles Market Revenues & Volume, 2021 & 2031F

3.3 Grenada Candles Market - Industry Life Cycle

3.4 Grenada Candles Market - Porter's Five Forces

3.5 Grenada Candles Market Revenues & Volume Share, By Product Type, 2021 & 2031F

3.6 Grenada Candles Market Revenues & Volume Share, By Application, 2021 & 2031F

3.7 Grenada Candles Market Revenues & Volume Share, By Material, 2021 & 2031F

3.8 Grenada Candles Market Revenues & Volume Share, By Scent Type, 2021 & 2031F

4 Grenada Candles Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Grenada Candles Market Trends

6 Grenada Candles Market, By Types

6.1 Grenada Candles Market, By Product Type

6.1.1 Overview and Analysis

6.1.2 Grenada Candles Market Revenues & Volume, By Product Type, 2021 - 2031F

6.1.3 Grenada Candles Market Revenues & Volume, By Scented Candles, 2021 - 2031F

6.1.4 Grenada Candles Market Revenues & Volume, By Unscented Candles, 2021 - 2031F

6.2 Grenada Candles Market, By Application

6.2.1 Overview and Analysis

6.2.2 Grenada Candles Market Revenues & Volume, By Aromatherapy, 2021 - 2031F

6.2.3 Grenada Candles Market Revenues & Volume, By Lighting, 2021 - 2031F

6.3 Grenada Candles Market, By Material

6.3.1 Overview and Analysis

6.3.2 Grenada Candles Market Revenues & Volume, By Paraffin Wax, 2021 - 2031F

6.3.3 Grenada Candles Market Revenues & Volume, By Soy Wax, 2021 - 2031F

6.4 Grenada Candles Market, By Scent Type

6.4.1 Overview and Analysis

6.4.2 Grenada Candles Market Revenues & Volume, By Lavender, Rose, 2021 - 2031F

6.4.3 Grenada Candles Market Revenues & Volume, By Unscented, 2021 - 2031F

7 Grenada Candles Market Import-Export Trade Statistics

7.1 Grenada Candles Market Export to Major Countries

7.2 Grenada Candles Market Imports from Major Countries

8 Grenada Candles Market Key Performance Indicators

9 Grenada Candles Market - Opportunity Assessment

9.1 Grenada Candles Market Opportunity Assessment, By Product Type, 2021 & 2031F

9.2 Grenada Candles Market Opportunity Assessment, By Application, 2021 & 2031F

9.3 Grenada Candles Market Opportunity Assessment, By Material, 2021 & 2031F

9.4 Grenada Candles Market Opportunity Assessment, By Scent Type, 2021 & 2031F

10 Grenada Candles Market - Competitive Landscape

10.1 Grenada Candles Market Revenue Share, By Companies, 2024

10.2 Grenada Candles Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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Export potential assessment - trade Analytics for 2030

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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