| Product Code: ETC12469222 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
Grenada`s incense sticks import market continues to show strong growth in 2024, with top exporting countries being Curaçao, USA, Barbados, China, and Panama. The market is highly concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 is an impressive 30.57%, highlighting the increasing demand for incense sticks in Grenada. The exceptional growth rate of 380.94% from 2023 to 2024 indicates a significant surge in import shipments, reflecting a positive outlook for the incense sticks market in Grenada.
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 Incense Sticks Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Incense Sticks Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Incense Sticks Market - Industry Life Cycle |
3.4 Grenada Incense Sticks Market - Porter's Five Forces |
3.5 Grenada Incense Sticks Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Incense Sticks Market Revenues & Volume Share, By Fragrance Type, 2021 & 2031F |
3.7 Grenada Incense Sticks Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.8 Grenada Incense Sticks Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.9 Grenada Incense Sticks Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Grenada Incense Sticks Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Incense Sticks Market Trends |
6 Grenada Incense Sticks Market, By Types |
6.1 Grenada Incense Sticks Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Incense Sticks Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Grenada Incense Sticks Market Revenues & Volume, By Agarbatti, 2021 - 2031F |
6.1.4 Grenada Incense Sticks Market Revenues & Volume, By Dhoop, 2021 - 2031F |
6.1.5 Grenada Incense Sticks Market Revenues & Volume, By Incense Cones, 2021 - 2031F |
6.1.6 Grenada Incense Sticks Market Revenues & Volume, By Incense Sticks, 2021 - 2031F |
6.2 Grenada Incense Sticks Market, By Fragrance Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Incense Sticks Market Revenues & Volume, By Floral (Jasmine, Rose), 2021 - 2031F |
6.2.3 Grenada Incense Sticks Market Revenues & Volume, By Woody (Sandalwood), 2021 - 2031F |
6.2.4 Grenada Incense Sticks Market Revenues & Volume, By Herbal (Lavender), 2021 - 2031F |
6.2.5 Grenada Incense Sticks Market Revenues & Volume, By Fruity (Citrus), 2021 - 2031F |
6.3 Grenada Incense Sticks Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Grenada Incense Sticks Market Revenues & Volume, By Online Retail, 2021 - 2031F |
6.3.3 Grenada Incense Sticks Market Revenues & Volume, By Supers, 2021 - 2031F |
6.3.4 Grenada Incense Sticks Market Revenues & Volume, By Specialty Stores, 2021 - 2031F |
6.3.5 Grenada Incense Sticks Market Revenues & Volume, By Local Vendors, 2021 - 2031F |
6.4 Grenada Incense Sticks Market, By Material Type |
6.4.1 Overview and Analysis |
6.4.2 Grenada Incense Sticks Market Revenues & Volume, By Bamboo-Based, 2021 - 2031F |
6.4.3 Grenada Incense Sticks Market Revenues & Volume, By Charcoal-Free, 2021 - 2031F |
6.4.4 Grenada Incense Sticks Market Revenues & Volume, By Herbal-Based, 2021 - 2031F |
6.4.5 Grenada Incense Sticks Market Revenues & Volume, By Synthetic, 2021 - 2031F |
6.5 Grenada Incense Sticks Market, By End User |
6.5.1 Overview and Analysis |
6.5.2 Grenada Incense Sticks Market Revenues & Volume, By Household, 2021 - 2031F |
6.5.3 Grenada Incense Sticks Market Revenues & Volume, By Temples & Religious Places, 2021 - 2031F |
6.5.4 Grenada Incense Sticks Market Revenues & Volume, By Meditation Centers, 2021 - 2031F |
6.5.5 Grenada Incense Sticks Market Revenues & Volume, By Spas & Wellness Centers, 2021 - 2031F |
7 Grenada Incense Sticks Market Import-Export Trade Statistics |
7.1 Grenada Incense Sticks Market Export to Major Countries |
7.2 Grenada Incense Sticks Market Imports from Major Countries |
8 Grenada Incense Sticks Market Key Performance Indicators |
9 Grenada Incense Sticks Market - Opportunity Assessment |
9.1 Grenada Incense Sticks Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Incense Sticks Market Opportunity Assessment, By Fragrance Type, 2021 & 2031F |
9.3 Grenada Incense Sticks Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.4 Grenada Incense Sticks Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.5 Grenada Incense Sticks Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Grenada Incense Sticks Market - Competitive Landscape |
10.1 Grenada Incense Sticks Market Revenue Share, By Companies, 2024 |
10.2 Grenada Incense Sticks 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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