| Product Code: ETC5676593 | 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 continues to see strong import shipments of greetings cards in 2024, with top exporting countries including Trinidad and Tobago, USA, UK, Barbados, and Saint Kitts and Nevis. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive compound annual growth rate (CAGR) of 21.02% from 2020 to 2024 reflects a thriving industry. However, the negative growth rate of -36.36% from 2023 to 2024 raises concerns and suggests potential challenges in the market that importers and stakeholders should monitor closely.
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 Greetings Cards Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Greetings Cards Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Greetings Cards Market - Industry Life Cycle |
3.4 Grenada Greetings Cards Market - Porter's Five Forces |
3.5 Grenada Greetings Cards Market Revenues & Volume Share Segmentations, 2021 & 2031F |
3.6 Grenada Greetings Cards Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Grenada Greetings Cards Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer preference for personalized and handmade greetings cards |
4.2.2 Growing trend of sending greetings cards for various occasions and events |
4.2.3 Rising awareness and demand for eco-friendly and sustainable greeting cards |
4.3 Market Restraints |
4.3.1 Competition from digital and e-cards impacting traditional greetings card sales |
4.3.2 Fluctuating raw material prices affecting production costs |
4.3.3 Economic downturn leading to reduced discretionary spending on non-essential items |
5 Grenada Greetings Cards Market Trends |
6 Grenada Greetings Cards Market Segmentations |
6.1 Grenada Greetings Cards Market Segmentations |
6.1.1 Overview and Analysis |
6.1.2 Grenada Greetings Cards Market Revenues & Volume, By Seasonal Greeting Cards, 2021-2031F |
6.1.3 Grenada Greetings Cards Market Revenues & Volume, By Everyday Greeting Cards, 2021-2031F |
6.2 Grenada Greetings Cards Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Grenada Greetings Cards Market Revenues & Volume, By Business Cards, 2021-2031F |
6.2.3 Grenada Greetings Cards Market Revenues & Volume, By Personal Cards, 2021-2031F |
7 Grenada Greetings Cards Market Import-Export Trade Statistics |
7.1 Grenada Greetings Cards Market Export to Major Countries |
7.2 Grenada Greetings Cards Market Imports from Major Countries |
8 Grenada Greetings Cards Market Key Performance Indicators |
8.1 Number of online searches for handmade greetings cards in Grenada |
8.2 Percentage of total greetings card sales attributed to eco-friendly options |
8.3 Customer satisfaction ratings for locally made greetings cards |
9 Grenada Greetings Cards Market - Opportunity Assessment |
9.1 Grenada Greetings Cards Market Opportunity Assessment Segmentations, 2021 & 2031F |
9.2 Grenada Greetings Cards Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Grenada Greetings Cards Market - Competitive Landscape |
10.1 Grenada Greetings Cards Market Revenue Share, By Companies, 2024 |
10.2 Grenada Greetings Cards 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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