Grenada Decorative Lighting Market (2025-2031) | Value, Growth, Outlook, Analysis, Industry, Size, Share, Revenue, Segmentation, Forecast, Trends & Companies

Market Forecast By Product (Chandeliers, Pendants, Sconce, Flush Mount, Others), By Light Source (LED, Fluorescent, Incandescent, Others), By Application (Commercial, Household) And Competitive Landscape
Product Code: ETC5114421 Publication Date: Nov 2023 Updated Date: Oct 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Shubham Padhi No. of Pages: 60 No. of Figures: 30 No. of Tables: 5

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

In 2024, Grenada`s decorative lighting import market saw a significant shift towards higher concentration, with the top exporting countries being the USA, UK, China, Spain, and Germany. This shift indicates a growing dominance of key players in the market. The impressive compound annual growth rate (CAGR) of 21.42% from 2020 to 2024 highlights the strong demand for decorative lighting in Grenada. Moreover, the growth rate of 18.25% from 2023 to 2024 suggests a continued upward trajectory for the market, presenting opportunities for both local retailers and international suppliers to capitalize on this trend.

Decorative Lighting Market: Grenada vs Top 5 Major Economies in 2027 (North America)


In the North America region, the Decorative Lighting market in Grenada is projected to expand at a stable growth rate of 1.55% by 2027. The largest economy is United States of America, followed by Canada, Trinidad and Tobago, Jamaica and Bahamas.

Decorative Lighting Market: Grenada vs Top 5 Major Economies in 2027 (North America)

Key Highlights of the Report:

  • Grenada Decorative Lighting Market Outlook
  • Market Size of Grenada Decorative Lighting Market, 2024
  • Forecast of Grenada Decorative Lighting Market, 2031
  • Historical Data and Forecast of Grenada Decorative Lighting Revenues & Volume for the Period 2021-2031
  • Grenada Decorative Lighting Market Trend Evolution
  • Grenada Decorative Lighting Market Drivers and Challenges
  • Grenada Decorative Lighting Price Trends
  • Grenada Decorative Lighting Porter`s Five Forces
  • Grenada Decorative Lighting Industry Life Cycle
  • Historical Data and Forecast of Grenada Decorative Lighting Market Revenues & Volume By Product for the Period 2021-2031
  • Historical Data and Forecast of Grenada Decorative Lighting Market Revenues & Volume By Chandeliers for the Period 2021-2031
  • Historical Data and Forecast of Grenada Decorative Lighting Market Revenues & Volume By Pendants for the Period 2021-2031
  • Historical Data and Forecast of Grenada Decorative Lighting Market Revenues & Volume By Sconce for the Period 2021-2031
  • Historical Data and Forecast of Grenada Decorative Lighting Market Revenues & Volume By Flush Mount for the Period 2021-2031
  • Historical Data and Forecast of Grenada Decorative Lighting Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Grenada Decorative Lighting Market Revenues & Volume By Light Source for the Period 2021-2031
  • Historical Data and Forecast of Grenada Decorative Lighting Market Revenues & Volume By LED for the Period 2021-2031
  • Historical Data and Forecast of Grenada Decorative Lighting Market Revenues & Volume By Fluorescent for the Period 2021-2031
  • Historical Data and Forecast of Grenada Decorative Lighting Market Revenues & Volume By Incandescent for the Period 2021-2031
  • Historical Data and Forecast of Grenada Decorative Lighting Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Grenada Decorative Lighting Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Grenada Decorative Lighting Market Revenues & Volume By Commercial for the Period 2021-2031
  • Historical Data and Forecast of Grenada Decorative Lighting Market Revenues & Volume By Household for the Period 2021-2031
  • Grenada Decorative Lighting Import Export Trade Statistics
  • Market Opportunity Assessment By Product
  • Market Opportunity Assessment By Light Source
  • Market Opportunity Assessment By Application
  • Grenada Decorative Lighting Top Companies Market Share
  • Grenada Decorative Lighting Competitive Benchmarking By Technical and Operational Parameters
  • Grenada Decorative Lighting Company Profiles
  • Grenada Decorative Lighting Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Grenada Decorative Lighting Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Grenada Decorative Lighting Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

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 Decorative Lighting Market Overview

3.1 Grenada Country Macro Economic Indicators

3.2 Grenada Decorative Lighting Market Revenues & Volume, 2021 & 2031F

3.3 Grenada Decorative Lighting Market - Industry Life Cycle

3.4 Grenada Decorative Lighting Market - Porter's Five Forces

3.5 Grenada Decorative Lighting Market Revenues & Volume Share, By Product, 2021 & 2031F

3.6 Grenada Decorative Lighting Market Revenues & Volume Share, By Light Source, 2021 & 2031F

3.7 Grenada Decorative Lighting Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Grenada Decorative Lighting Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Growing demand for home décor and interior design in Grenada

4.2.2 Increasing disposable income of consumers in Grenada

4.2.3 Rise in tourism industry leading to demand for decorative lighting in hotels and resorts

4.3 Market Restraints

4.3.1 High import duties on decorative lighting products in Grenada

4.3.2 Limited availability of skilled labor for installation and maintenance of decorative lighting systems

5 Grenada Decorative Lighting Market Trends

6 Grenada Decorative Lighting Market Segmentations

6.1 Grenada Decorative Lighting Market, By Product

6.1.1 Overview and Analysis

6.1.2 Grenada Decorative Lighting Market Revenues & Volume, By Chandeliers, 2021-2031F

6.1.3 Grenada Decorative Lighting Market Revenues & Volume, By Pendants, 2021-2031F

6.1.4 Grenada Decorative Lighting Market Revenues & Volume, By Sconce, 2021-2031F

6.1.5 Grenada Decorative Lighting Market Revenues & Volume, By Flush Mount, 2021-2031F

6.1.6 Grenada Decorative Lighting Market Revenues & Volume, By Others, 2021-2031F

6.2 Grenada Decorative Lighting Market, By Light Source

6.2.1 Overview and Analysis

6.2.2 Grenada Decorative Lighting Market Revenues & Volume, By LED, 2021-2031F

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

6.2.4 Grenada Decorative Lighting Market Revenues & Volume, By Incandescent, 2021-2031F

6.2.5 Grenada Decorative Lighting Market Revenues & Volume, By Others, 2021-2031F

6.3 Grenada Decorative Lighting Market, By Application

6.3.1 Overview and Analysis

6.3.2 Grenada Decorative Lighting Market Revenues & Volume, By Commercial, 2021-2031F

6.3.3 Grenada Decorative Lighting Market Revenues & Volume, By Household, 2021-2031F

7 Grenada Decorative Lighting Market Import-Export Trade Statistics

7.1 Grenada Decorative Lighting Market Export to Major Countries

7.2 Grenada Decorative Lighting Market Imports from Major Countries

8 Grenada Decorative Lighting Market Key Performance Indicators

8.1 Percentage increase in the number of new residential and commercial construction projects in Grenada

8.2 Average spending per household on home décor and lighting fixtures in Grenada

8.3 Number of new entrants and competitors in the Grenada decorative lighting market.

9 Grenada Decorative Lighting Market - Opportunity Assessment

9.1 Grenada Decorative Lighting Market Opportunity Assessment, By Product, 2021 & 2031F

9.2 Grenada Decorative Lighting Market Opportunity Assessment, By Light Source, 2021 & 2031F

9.3 Grenada Decorative Lighting Market Opportunity Assessment, By Application, 2021 & 2031F

10 Grenada Decorative Lighting Market - Competitive Landscape

10.1 Grenada Decorative Lighting Market Revenue Share, By Companies, 2024

10.2 Grenada Decorative Lighting Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

Pricing
  • Single User License
    $ 1,995
  • Department License
    $ 2,400
  • Site License
    $ 3,120
  • Global License
    $ 3,795
6Wresearch Support

Any Query

Call: +91-11-4302-4305
Email us: sales@6wresearch.com
Any Query? Click Here

Thought Leadership and Analyst Meet

Our Clients

Airtel
Canon
Contec
HoneyWell
Kriloskar
Pwc Logo
Samsung
Tata Teleservices

Related Reports

Industry Events and Analyst Meet

Whitepaper

Read All