| Product Code: ETC10527334 | 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`s consumer goods import market in 2024 continued to see a high concentration of imports from top countries including Panama, USA, China, Curaçao, and Trinidad and Tobago. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) from 2020 to 2024 remained strong at 22.49%. The market dynamics suggest a stable reliance on key exporting countries, indicating a consistent demand for consumer goods in Grenada.
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 Consumer Goods Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Consumer Goods Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Consumer Goods Market - Industry Life Cycle |
3.4 Grenada Consumer Goods Market - Porter's Five Forces |
3.5 Grenada Consumer Goods Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Grenada Consumer Goods Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.7 Grenada Consumer Goods Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.8 Grenada Consumer Goods Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Grenada Consumer Goods Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income of consumers in Grenada |
4.2.2 Growing population leading to higher demand for consumer goods |
4.2.3 Changing consumer preferences towards premium and eco-friendly products |
4.3 Market Restraints |
4.3.1 High import tariffs leading to increased prices of consumer goods |
4.3.2 Limited availability of skilled labor for manufacturing and distribution |
4.3.3 Vulnerability to external economic factors due to Grenada's reliance on tourism |
5 Grenada Consumer Goods Market Trends |
6 Grenada Consumer Goods Market, By Types |
6.1 Grenada Consumer Goods Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Consumer Goods Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Grenada Consumer Goods Market Revenues & Volume, By Electronics, 2021 - 2031F |
6.1.4 Grenada Consumer Goods Market Revenues & Volume, By Apparel, 2021 - 2031F |
6.1.5 Grenada Consumer Goods Market Revenues & Volume, By Personal Care, 2021 - 2031F |
6.1.6 Grenada Consumer Goods Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Grenada Consumer Goods Market, By Material Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Consumer Goods Market Revenues & Volume, By Plastic, 2021 - 2031F |
6.2.3 Grenada Consumer Goods Market Revenues & Volume, By Cotton, 2021 - 2031F |
6.2.4 Grenada Consumer Goods Market Revenues & Volume, By Synthetic Materials, 2021 - 2031F |
6.2.5 Grenada Consumer Goods Market Revenues & Volume, By Mixed, 2021 - 2031F |
6.3 Grenada Consumer Goods Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Grenada Consumer Goods Market Revenues & Volume, By Online Retail, 2021 - 2031F |
6.3.3 Grenada Consumer Goods Market Revenues & Volume, By Offline Retail, 2021 - 2031F |
6.4 Grenada Consumer Goods Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Grenada Consumer Goods Market Revenues & Volume, By Individuals, 2021 - 2031F |
6.4.3 Grenada Consumer Goods Market Revenues & Volume, By Businesses, 2021 - 2031F |
7 Grenada Consumer Goods Market Import-Export Trade Statistics |
7.1 Grenada Consumer Goods Market Export to Major Countries |
7.2 Grenada Consumer Goods Market Imports from Major Countries |
8 Grenada Consumer Goods Market Key Performance Indicators |
8.1 Consumer confidence index in Grenada |
8.2 Household savings rate as an indicator of potential disposable income for consumer spending |
8.3 Retail foot traffic and average basket size in stores selling consumer goods |
9 Grenada Consumer Goods Market - Opportunity Assessment |
9.1 Grenada Consumer Goods Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Grenada Consumer Goods Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.3 Grenada Consumer Goods Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.4 Grenada Consumer Goods Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Grenada Consumer Goods Market - Competitive Landscape |
10.1 Grenada Consumer Goods Market Revenue Share, By Companies, 2024 |
10.2 Grenada Consumer Goods 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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