| Product Code: ETC11585446 | 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 |
In 2024, Grenada saw a significant decline in the growth rate of children`s digital watch imports, with a notable decrease of -30.45% compared to the previous year. Despite this, the top countries exporting to Grenada remained consistent, with the USA, Areas (not elsewhere specified), Barbados, China, and Canada leading the way. The high Herfindahl-Hirschman Index (HHI) concentration indicates a strong market dominance by these countries. With a modest compound annual growth rate (CAGR) of 2.05% from 2020 to 2024, the children`s digital watch import market in Grenada continues to show stability and potential for future growth.
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 Children Digital Watch Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Children Digital Watch Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Children Digital Watch Market - Industry Life Cycle |
3.4 Grenada Children Digital Watch Market - Porter's Five Forces |
3.5 Grenada Children Digital Watch Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Grenada Children Digital Watch Market Revenues & Volume Share, By Technology Type, 2021 & 2031F |
3.7 Grenada Children Digital Watch Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Grenada Children Digital Watch Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Children Digital Watch Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Children Digital Watch Market Trends |
6 Grenada Children Digital Watch Market, By Types |
6.1 Grenada Children Digital Watch Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Children Digital Watch Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Grenada Children Digital Watch Market Revenues & Volume, By GPS Smartwatches, 2021 - 2031F |
6.1.4 Grenada Children Digital Watch Market Revenues & Volume, By Fitness Watches, 2021 - 2031F |
6.1.5 Grenada Children Digital Watch Market Revenues & Volume, By Educational Watches, 2021 - 2031F |
6.1.6 Grenada Children Digital Watch Market Revenues & Volume, By Waterproof Watches, 2021 - 2031F |
6.2 Grenada Children Digital Watch Market, By Technology Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Children Digital Watch Market Revenues & Volume, By GPS Tracking, 2021 - 2031F |
6.2.3 Grenada Children Digital Watch Market Revenues & Volume, By Activity Tracking Sensors, 2021 - 2031F |
6.2.4 Grenada Children Digital Watch Market Revenues & Volume, By Interactive Learning Apps, 2021 - 2031F |
6.2.5 Grenada Children Digital Watch Market Revenues & Volume, By Water-Resistant Technology, 2021 - 2031F |
6.3 Grenada Children Digital Watch Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Grenada Children Digital Watch Market Revenues & Volume, By Parents and Guardians, 2021 - 2031F |
6.3.3 Grenada Children Digital Watch Market Revenues & Volume, By Kids Aged 5-12, 2021 - 2031F |
6.3.4 Grenada Children Digital Watch Market Revenues & Volume, By Schools and Educational Institutions, 2021 - 2031F |
6.3.5 Grenada Children Digital Watch Market Revenues & Volume, By Active Children, 2021 - 2031F |
6.4 Grenada Children Digital Watch Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Grenada Children Digital Watch Market Revenues & Volume, By Child Safety and Location Monitoring, 2021 - 2031F |
6.4.3 Grenada Children Digital Watch Market Revenues & Volume, By Health and Fitness Monitoring, 2021 - 2031F |
6.4.4 Grenada Children Digital Watch Market Revenues & Volume, By Learning and Engagement, 2021 - 2031F |
6.4.5 Grenada Children Digital Watch Market Revenues & Volume, By Sports and Outdoor Use, 2021 - 2031F |
7 Grenada Children Digital Watch Market Import-Export Trade Statistics |
7.1 Grenada Children Digital Watch Market Export to Major Countries |
7.2 Grenada Children Digital Watch Market Imports from Major Countries |
8 Grenada Children Digital Watch Market Key Performance Indicators |
9 Grenada Children Digital Watch Market - Opportunity Assessment |
9.1 Grenada Children Digital Watch Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Grenada Children Digital Watch Market Opportunity Assessment, By Technology Type, 2021 & 2031F |
9.3 Grenada Children Digital Watch Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Grenada Children Digital Watch Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Children Digital Watch Market - Competitive Landscape |
10.1 Grenada Children Digital Watch Market Revenue Share, By Companies, 2024 |
10.2 Grenada Children Digital Watch 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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