| Product Code: ETC5376697 | 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 knitwear import market in 2024 continues to show strong growth, with top exporting countries being the USA, Trinidad and Tobago, China, Barbados, and the UAE. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive Compound Annual Growth Rate (CAGR) of 30.84% from 2020 to 2024 demonstrates sustained expansion. Moreover, the significant growth rate of 47.08% from 2023 to 2024 highlights the increasing demand for knitwear imports in Grenada, presenting opportunities for further market development and strategic partnerships.
In the North America region, the Knitwear market in Grenada is projected to expand at a stable growth rate of 1.09% by 2027. The largest economy is 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 Knitwear Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Knitwear Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Knitwear Market - Industry Life Cycle |
3.4 Grenada Knitwear Market - Porter's Five Forces |
3.5 Grenada Knitwear Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Grenada Knitwear Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.7 Grenada Knitwear Market Revenues & Volume Share, By Applications, 2021 & 2031F |
3.8 Grenada Knitwear Market Revenues & Volume Share, By Consumer Group, 2021 & 2031F |
3.9 Grenada Knitwear Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Grenada Knitwear Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer demand for sustainable and eco-friendly fashion products |
4.2.2 Growing popularity of handmade and artisanal knitwear items |
4.2.3 Rising trend of customization and personalized clothing |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices, such as wool and cotton |
4.3.2 Intense competition from other garment sectors, like fast fashion brands |
4.3.3 Limited availability of skilled artisans and craftsmen for producing high-quality knitwear |
5 Grenada Knitwear Market Trends |
6 Grenada Knitwear Market Segmentations |
6.1 Grenada Knitwear Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Knitwear Market Revenues & Volume, By Innerwear, 2021-2031F |
6.1.3 Grenada Knitwear Market Revenues & Volume, By T-Shirts & Shirts, 2021-2031F |
6.1.4 Grenada Knitwear Market Revenues & Volume, By Sweaters & Jackets, 2021-2031F |
6.1.5 Grenada Knitwear Market Revenues & Volume, By Sweatshirts & Hoodies, 2021-2031F |
6.1.6 Grenada Knitwear Market Revenues & Volume, By Shorts & Trousers, 2021-2031F |
6.1.7 Grenada Knitwear Market Revenues & Volume, By Evening Dresses, Suits, & Leggings, 2021-2031F |
6.2 Grenada Knitwear Market, By Material Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Knitwear Market Revenues & Volume, By Natural, 2021-2031F |
6.2.3 Grenada Knitwear Market Revenues & Volume, By Synthetic, 2021-2031F |
6.2.4 Grenada Knitwear Market Revenues & Volume, By Blended, 2021-2031F |
6.3 Grenada Knitwear Market, By Applications |
6.3.1 Overview and Analysis |
6.3.2 Grenada Knitwear Market Revenues & Volume, By Outerwear, 2021-2031F |
6.3.3 Grenada Knitwear Market Revenues & Volume, By Innerwear, 2021-2031F |
6.3.4 Grenada Knitwear Market Revenues & Volume, By Sportswear, 2021-2031F |
6.3.5 Grenada Knitwear Market Revenues & Volume, By Others, 2021-2031F |
6.4 Grenada Knitwear Market, By Consumer Group |
6.4.1 Overview and Analysis |
6.4.2 Grenada Knitwear Market Revenues & Volume, By Men, 2021-2031F |
6.4.3 Grenada Knitwear Market Revenues & Volume, By Women, 2021-2031F |
6.4.4 Grenada Knitwear Market Revenues & Volume, By Kids, 2021-2031F |
6.5 Grenada Knitwear Market, By Distribution Channel |
6.5.1 Overview and Analysis |
6.5.2 Grenada Knitwear Market Revenues & Volume, By Online , 2021-2031F |
6.5.3 Grenada Knitwear Market Revenues & Volume, By Offline, 2021-2031F |
7 Grenada Knitwear Market Import-Export Trade Statistics |
7.1 Grenada Knitwear Market Export to Major Countries |
7.2 Grenada Knitwear Market Imports from Major Countries |
8 Grenada Knitwear Market Key Performance Indicators |
8.1 Percentage of revenue generated from sustainable knitwear products |
8.2 Number of collaborations with local artisans and designers |
8.3 Customer satisfaction scores related to customization options offered |
9 Grenada Knitwear Market - Opportunity Assessment |
9.1 Grenada Knitwear Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Grenada Knitwear Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.3 Grenada Knitwear Market Opportunity Assessment, By Applications, 2021 & 2031F |
9.4 Grenada Knitwear Market Opportunity Assessment, By Consumer Group, 2021 & 2031F |
9.5 Grenada Knitwear Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Grenada Knitwear Market - Competitive Landscape |
10.1 Grenada Knitwear Market Revenue Share, By Companies, 2024 |
10.2 Grenada Knitwear 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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