| Product Code: ETC5259391 | 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 |
Grenada`s color cosmetics import market in 2024 saw significant growth, with a high Herfindahl-Hirschman Index indicating strong market concentration. The top exporting countries, including the USA, Trinidad and Tobago, UK, France, and China, played a crucial role in supplying these products. The impressive compound annual growth rate (CAGR) of 17.89% from 2020 to 2024, coupled with a growth rate of 20.21% in 2023-24, showcases a thriving market with promising opportunities for further expansion and development in the cosmetics industry.
Grenada's Color Cosmetics market is anticipated to experience a negative growth rate of -0.15% by 2027, reflecting trends observed in the largest economy United States of America, followed by Canada, Trinidad and Tobago, Jamaica and Bahamas.

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 Color Cosmetics Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Color Cosmetics Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Color Cosmetics Market - Industry Life Cycle |
3.4 Grenada Color Cosmetics Market - Porter's Five Forces |
3.5 Grenada Color Cosmetics Market Revenues & Volume Share, By Target Market, 2021 & 2031F |
3.6 Grenada Color Cosmetics Market Revenues & Volume Share, By Distribution, 2021 & 2031F |
3.7 Grenada Color Cosmetics Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Color Cosmetics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income among consumers in Grenada |
4.2.2 Growing influence of social media and beauty influencers on consumer preferences |
4.2.3 Rising demand for natural and organic cosmetics products |
4.3 Market Restraints |
4.3.1 High import duties and taxes on cosmetics products in Grenada |
4.3.2 Limited availability of locally produced color cosmetics |
4.3.3 Impact of economic downturns on consumer spending |
5 Grenada Color Cosmetics Market Trends |
6 Grenada Color Cosmetics Market Segmentations |
6.1 Grenada Color Cosmetics Market, By Target Market |
6.1.1 Overview and Analysis |
6.1.2 Grenada Color Cosmetics Market Revenues & Volume, By Prestige Products, 2021-2031F |
6.1.3 Grenada Color Cosmetics Market Revenues & Volume, By Mass Products, 2021-2031F |
6.2 Grenada Color Cosmetics Market, By Distribution |
6.2.1 Overview and Analysis |
6.2.2 Grenada Color Cosmetics Market Revenues & Volume, By Offline, 2021-2031F |
6.2.3 Grenada Color Cosmetics Market Revenues & Volume, By Online, 2021-2031F |
6.3 Grenada Color Cosmetics Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Color Cosmetics Market Revenues & Volume, By Nail Products, 2021-2031F |
6.3.3 Grenada Color Cosmetics Market Revenues & Volume, By Hair Products, 2021-2031F |
6.3.4 Grenada Color Cosmetics Market Revenues & Volume, By Lip Products, 2021-2031F |
6.3.5 Grenada Color Cosmetics Market Revenues & Volume, By Face Products, 2021-2031F |
6.3.6 Grenada Color Cosmetics Market Revenues & Volume, By Others, 2021-2031F |
7 Grenada Color Cosmetics Market Import-Export Trade Statistics |
7.1 Grenada Color Cosmetics Market Export to Major Countries |
7.2 Grenada Color Cosmetics Market Imports from Major Countries |
8 Grenada Color Cosmetics Market Key Performance Indicators |
8.1 Number of new product launches in the color cosmetics market in Grenada |
8.2 Percentage increase in online sales of color cosmetics in Grenada |
8.3 Growth in the number of beauty stores or outlets carrying color cosmetics products |
9 Grenada Color Cosmetics Market - Opportunity Assessment |
9.1 Grenada Color Cosmetics Market Opportunity Assessment, By Target Market, 2021 & 2031F |
9.2 Grenada Color Cosmetics Market Opportunity Assessment, By Distribution, 2021 & 2031F |
9.3 Grenada Color Cosmetics Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Color Cosmetics Market - Competitive Landscape |
10.1 Grenada Color Cosmetics Market Revenue Share, By Companies, 2024 |
10.2 Grenada Color Cosmetics 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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