| Product Code: ETC5371776 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Grenada`s footwear import market in 2024 continued to see a high concentration of shipments from top exporting countries such as the USA, Trinidad and Tobago, UK, Germany, and Barbados. Despite a notable compound annual growth rate (CAGR) of 17.87% from 2020 to 2024, there was a slight decline in the growth rate from 2023 to 2024 at -17.42%. This indicates a potential shift in market dynamics or external factors affecting the import trends in the footwear industry in Grenada.
Grenada's Footwear market is anticipated to experience a negative growth rate of -0.26% by 2027, reflecting trends observed in the largest economy 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 Footwear Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Footwear Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Footwear Market - Industry Life Cycle |
3.4 Grenada Footwear Market - Porter's Five Forces |
3.5 Grenada Footwear Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Footwear Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Grenada Footwear Market Revenues & Volume Share, By End-users, 2021 & 2031F |
3.8 Grenada Footwear Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Grenada Footwear Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income of consumers in Grenada |
4.2.2 Growing demand for fashionable and trendy footwear among the younger population |
4.2.3 Expansion of retail outlets and e-commerce platforms offering a wide range of footwear options |
4.3 Market Restraints |
4.3.1 Impact of economic fluctuations on consumer spending |
4.3.2 Competition from international footwear brands entering the Grenada market |
4.3.3 Challenges related to sourcing quality raw materials locally |
5 Grenada Footwear Market Trends |
6 Grenada Footwear Market Segmentations |
6.1 Grenada Footwear Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Footwear Market Revenues & Volume, By Athletic, 2021-2031F |
6.1.3 Grenada Footwear Market Revenues & Volume, By Non-Athletic, 2021-2031F |
6.2 Grenada Footwear Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Grenada Footwear Market Revenues & Volume, By Lather, 2021-2031F |
6.2.3 Grenada Footwear Market Revenues & Volume, By Rubber, 2021-2031F |
6.2.4 Grenada Footwear Market Revenues & Volume, By Plastic, 2021-2031F |
6.3 Grenada Footwear Market, By End-users |
6.3.1 Overview and Analysis |
6.3.2 Grenada Footwear Market Revenues & Volume, By Male, 2021-2031F |
6.3.3 Grenada Footwear Market Revenues & Volume, By Female, 2021-2031F |
6.3.4 Grenada Footwear Market Revenues & Volume, By Kids, 2021-2031F |
6.4 Grenada Footwear Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Grenada Footwear Market Revenues & Volume, By Online Stores, 2021-2031F |
6.4.3 Grenada Footwear Market Revenues & Volume, By Supermarkets and Hypermarkets, 2021-2031F |
6.4.4 Grenada Footwear Market Revenues & Volume, By Independent Retail Stores, 2021-2031F |
6.4.5 Grenada Footwear Market Revenues & Volume, By Others, 2021-2031F |
7 Grenada Footwear Market Import-Export Trade Statistics |
7.1 Grenada Footwear Market Export to Major Countries |
7.2 Grenada Footwear Market Imports from Major Countries |
8 Grenada Footwear Market Key Performance Indicators |
8.1 Average selling price of footwear in Grenada |
8.2 Footwear brand awareness and perception among consumers in Grenada |
8.3 Footwear product innovation and design trends in the Grenada market |
9 Grenada Footwear Market - Opportunity Assessment |
9.1 Grenada Footwear Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Footwear Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Grenada Footwear Market Opportunity Assessment, By End-users, 2021 & 2031F |
9.4 Grenada Footwear Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Grenada Footwear Market - Competitive Landscape |
10.1 Grenada Footwear Market Revenue Share, By Companies, 2024 |
10.2 Grenada Footwear 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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