| Product Code: ETC5034355 | 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 |
The Grenada gifts novelty and souvenirs import market continues to thrive in 2024, with the USA, China, Panama, Trinidad and Tobago, and Jamaica emerging as the top exporters to the region. The high Herfindahl-Hirschman Index (HHI) signifies a concentrated market, while the impressive Compound Annual Growth Rate (CAGR) of 48.37% from 2020 to 2024 reflects strong and sustained growth. Notably, the growth rate of 16.62% from 2023 to 2024 indicates a promising outlook for the industry, with potential for further expansion and diversification in the coming years.
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 Gifts Novelty and Souvenirs Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Gifts Novelty and Souvenirs Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Gifts Novelty and Souvenirs Market - Industry Life Cycle |
3.4 Grenada Gifts Novelty and Souvenirs Market - Porter's Five Forces |
3.5 Grenada Gifts Novelty and Souvenirs Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Grenada Gifts Novelty and Souvenirs Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Grenada Gifts Novelty and Souvenirs Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Gifts Novelty and Souvenirs Market Trends |
6 Grenada Gifts Novelty and Souvenirs Market Segmentations |
6.1 Grenada Gifts Novelty and Souvenirs Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Grenada Gifts Novelty and Souvenirs Market Revenues & Volume, By Souvenirs and Novelty Items, 2021-2031F |
6.1.3 Grenada Gifts Novelty and Souvenirs Market Revenues & Volume, By Seasonal Decorations, 2021-2031F |
6.1.4 Grenada Gifts Novelty and Souvenirs Market Revenues & Volume, By Greeting Cards, 2021-2031F |
6.1.5 Grenada Gifts Novelty and Souvenirs Market Revenues & Volume, By Other Gift Items, 2021-2031F |
6.2 Grenada Gifts Novelty and Souvenirs Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Grenada Gifts Novelty and Souvenirs Market Revenues & Volume, By Offline, 2021-2031F |
6.2.3 Grenada Gifts Novelty and Souvenirs Market Revenues & Volume, By Online, 2021-2031F |
7 Grenada Gifts Novelty and Souvenirs Market Import-Export Trade Statistics |
7.1 Grenada Gifts Novelty and Souvenirs Market Export to Major Countries |
7.2 Grenada Gifts Novelty and Souvenirs Market Imports from Major Countries |
8 Grenada Gifts Novelty and Souvenirs Market Key Performance Indicators |
9 Grenada Gifts Novelty and Souvenirs Market - Opportunity Assessment |
9.1 Grenada Gifts Novelty and Souvenirs Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Grenada Gifts Novelty and Souvenirs Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Grenada Gifts Novelty and Souvenirs Market - Competitive Landscape |
10.1 Grenada Gifts Novelty and Souvenirs Market Revenue Share, By Companies, 2024 |
10.2 Grenada Gifts Novelty and Souvenirs 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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