| 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 |
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.
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.

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 |