| Product Code: ETC4909601 | 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 |
Grenada`s import shipments of LED tube lights in 2024 were largely dominated by top exporters such as China, USA, UK, Dominican Republic, and Hong Kong. Despite the high concentration of imports from these countries, the market witnessed a significant Compound Annual Growth Rate (CAGR) of 61.49% from 2020 to 2024. However, there was a notable decline in the growth rate from 2023 to 2024, with a decrease of -27.09%. This fluctuation in growth rates signals evolving market dynamics and potential shifts in supply chain strategies within the LED tube light industry 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 LED Tube Light Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada LED Tube Light Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada LED Tube Light Market - Industry Life Cycle |
3.4 Grenada LED Tube Light Market - Porter's Five Forces |
3.5 Grenada LED Tube Light Market Revenues & Volume Share, By Tube Type, 2021 & 2031F |
3.6 Grenada LED Tube Light Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada LED Tube Light Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada LED Tube Light Market Trends |
6 Grenada LED Tube Light Market Segmentations |
6.1 Grenada LED Tube Light Market, By Tube Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada LED Tube Light Market Revenues & Volume, By T5, 2021-2031F |
6.1.3 Grenada LED Tube Light Market Revenues & Volume, By T8, 2021-2031F |
6.1.4 Grenada LED Tube Light Market Revenues & Volume, By T12, 2021-2031F |
6.1.5 Grenada LED Tube Light Market Revenues & Volume, By Others, 2021-2031F |
6.2 Grenada LED Tube Light Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada LED Tube Light Market Revenues & Volume, By Residential, 2021-2031F |
6.2.3 Grenada LED Tube Light Market Revenues & Volume, By Office, 2021-2031F |
6.2.4 Grenada LED Tube Light Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.5 Grenada LED Tube Light Market Revenues & Volume, By Hospitality, 2021-2031F |
6.2.6 Grenada LED Tube Light Market Revenues & Volume, By Others, 2021-2031F |
7 Grenada LED Tube Light Market Import-Export Trade Statistics |
7.1 Grenada LED Tube Light Market Export to Major Countries |
7.2 Grenada LED Tube Light Market Imports from Major Countries |
8 Grenada LED Tube Light Market Key Performance Indicators |
9 Grenada LED Tube Light Market - Opportunity Assessment |
9.1 Grenada LED Tube Light Market Opportunity Assessment, By Tube Type, 2021 & 2031F |
9.2 Grenada LED Tube Light Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada LED Tube Light Market - Competitive Landscape |
10.1 Grenada LED Tube Light Market Revenue Share, By Companies, 2024 |
10.2 Grenada LED Tube Light 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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