| Product Code: ETC4959210 | 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`s eyewear import market continues to be dominated by key players such as the USA, Panama, China, Trinidad and Tobago, and India in 2024. Despite a slight decline in growth rate from 2023 to 2024, the industry maintained a high concentration level with a Herfindahl-Hirschman Index (HHI) remaining very high. With a strong compound annual growth rate (CAGR) of 9.6% from 2020 to 2024, the eyewear import market in Grenada shows resilience and potential for further development in the coming years.
By 2027, Grenada's Eyewear market is forecasted to achieve a stable growth rate of 1.57%, with United States of America leading the North America region, 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 Eyewear Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Eyewear Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Eyewear Market - Industry Life Cycle |
3.4 Grenada Eyewear Market - Porter's Five Forces |
3.5 Grenada Eyewear Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Grenada Eyewear Market Revenues & Volume Share, By Mode of Sale, 2021 & 2031F |
3.7 Grenada Eyewear Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Grenada Eyewear Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Eyewear Market Trends |
6 Grenada Eyewear Market Segmentations |
6.1 Grenada Eyewear Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Eyewear Market Revenues & Volume, By Prescription glasses/spectacles, 2021-2031F |
6.1.3 Grenada Eyewear Market Revenues & Volume, By Sunglasses, 2021-2031F |
6.1.4 Grenada Eyewear Market Revenues & Volume, By Contact lenses, 2021-2031F |
6.2 Grenada Eyewear Market, By Mode of Sale |
6.2.1 Overview and Analysis |
6.2.2 Grenada Eyewear Market Revenues & Volume, By Retail stores, 2021-2031F |
6.2.3 Grenada Eyewear Market Revenues & Volume, By Online stores, 2021-2031F |
6.3 Grenada Eyewear Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Grenada Eyewear Market Revenues & Volume, By Men, 2021-2031F |
6.3.3 Grenada Eyewear Market Revenues & Volume, By Women, 2021-2031F |
7 Grenada Eyewear Market Import-Export Trade Statistics |
7.1 Grenada Eyewear Market Export to Major Countries |
7.2 Grenada Eyewear Market Imports from Major Countries |
8 Grenada Eyewear Market Key Performance Indicators |
9 Grenada Eyewear Market - Opportunity Assessment |
9.1 Grenada Eyewear Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Grenada Eyewear Market Opportunity Assessment, By Mode of Sale, 2021 & 2031F |
9.3 Grenada Eyewear Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Grenada Eyewear Market - Competitive Landscape |
10.1 Grenada Eyewear Market Revenue Share, By Companies, 2024 |
10.2 Grenada Eyewear 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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