| Product Code: ETC5829942 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Grenada saw a significant concentration of imports for chronograph watches from top countries including the USA, Areas, nes, Barbados, China, and Canada. Despite a modest Compound Annual Growth Rate (CAGR) of 2.03% from 2020 to 2024, the market experienced a sharp decline in growth rate from 2023 to 2024 at -40.06%. This indicates a challenging year for the import shipments of chronograph watches to Grenada, highlighting potential shifts in consumer demand or market dynamics that may have impacted the industry.
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 Chronograph Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Chronograph Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Chronograph Market - Industry Life Cycle |
3.4 Grenada Chronograph Market - Porter's Five Forces |
3.5 Grenada Chronograph Market Revenues & Volume Share Segmentations, 2021 & 2031F |
3.6 Grenada Chronograph Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
4 Grenada Chronograph Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for luxury and high-quality watches |
4.2.2 Growing interest in fashion and accessories among consumers |
4.2.3 Technological advancements in chronograph watches |
4.3 Market Restraints |
4.3.1 High competition from other luxury watch brands |
4.3.2 Economic downturn affecting consumer spending on luxury items |
4.3.3 Fluctuating raw material prices impacting production costs |
5 Grenada Chronograph Market Trends |
6 Grenada Chronograph Market Segmentations |
6.1 Grenada Chronograph Market Segmentations |
6.1.1 Overview and Analysis |
6.1.2 Grenada Chronograph Market Revenues & Volume, By Flyback chronographs, 2021-2031F |
6.1.3 Grenada Chronograph Market Revenues & Volume, By Double chronograph, 2021-2031F |
6.1.4 Grenada Chronograph Market Revenues & Volume, By Other, 2021-2031F |
6.2 Grenada Chronograph Market, By End-use Industry |
6.2.1 Overview and Analysis |
6.2.2 Grenada Chronograph Market Revenues & Volume, By Stadium, 2021-2031F |
6.2.3 Grenada Chronograph Market Revenues & Volume, By Club, 2021-2031F |
6.2.4 Grenada Chronograph Market Revenues & Volume, By Household, 2021-2031F |
6.2.5 Grenada Chronograph Market Revenues & Volume, By Other, 2021-2031F |
7 Grenada Chronograph Market Import-Export Trade Statistics |
7.1 Grenada Chronograph Market Export to Major Countries |
7.2 Grenada Chronograph Market Imports from Major Countries |
8 Grenada Chronograph Market Key Performance Indicators |
8.1 Average selling price of Grenada chronograph watches |
8.2 Customer satisfaction and loyalty metrics |
8.3 Number of new product innovations introduced |
8.4 Brand awareness and perception among target consumers |
8.5 Market penetration in key demographics or regions |
9 Grenada Chronograph Market - Opportunity Assessment |
9.1 Grenada Chronograph Market Opportunity Assessment Segmentations, 2021 & 2031F |
9.2 Grenada Chronograph Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
10 Grenada Chronograph Market - Competitive Landscape |
10.1 Grenada Chronograph Market Revenue Share, By Companies, 2024 |
10.2 Grenada Chronograph 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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