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

Name: Grenada Decorative Lighting Market (2025-2031) | Size & Outlook Growth
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Decorative Lighting Market, Grenada Decorative Lighting Market, Grenada Decorative Lighting Market Revenues, Grenada Decorative Lighting Market Share, Grenada Decorative Lighting Market Size, Grenada Decorative Lighting Market Outlook, Grenada Decorative Lighting Market Report, Grenada Decorative Lighting Market Competition, Grenada Decorative Lighting Market Overview, Grenada Decorative Lighting Market Trends, Grenada Decorative Lighting Market Forecast

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

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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 dÃ©cor 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 dÃ©cor 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

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Export potential assessment - trade Analytics for 2030

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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