| Product Code: ETC5519387 | 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 lingerie import market continued to thrive in 2024, with the USA, Canada, China, Panama, and Trinidad and Tobago emerging as the top exporters. The high Herfindahl-Hirschman Index (HHI) reflects a concentrated market, while the impressive Compound Annual Growth Rate (CAGR) of 28.5% from 2020 to 2024 indicates sustained expansion. Furthermore, the growth rate of 24.01% from 2023 to 2024 highlights the increasing demand for lingerie imports in Grenada. This data underscores a lucrative opportunity for stakeholders in the lingerie industry looking to capitalize on Grenada`s growing market.
In the North America region, the Lingerie market in Grenada is projected to expand at a stable growth rate of 0.42% 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 Lingerie Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Lingerie Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Lingerie Market - Industry Life Cycle |
3.4 Grenada Lingerie Market - Porter's Five Forces |
3.5 Grenada Lingerie Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Lingerie Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Grenada Lingerie Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for luxury lingerie products in Grenada |
4.2.2 Growing awareness about body positivity and self-care leading to higher lingerie consumption |
4.2.3 Rising trend of e-commerce and online lingerie shopping in Grenada |
4.3 Market Restraints |
4.3.1 High import duties and taxes on lingerie products affecting pricing and affordability |
4.3.2 Limited availability of size-inclusive and diverse lingerie options in the market |
4.3.3 Competition from international lingerie brands impacting local businesses |
5 Grenada Lingerie Market Trends |
6 Grenada Lingerie Market Segmentations |
6.1 Grenada Lingerie Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Lingerie Market Revenues & Volume, By Brassiere, 2021-2031F |
6.1.3 Grenada Lingerie Market Revenues & Volume, By Knickers, 2021-2031F |
6.1.4 Grenada Lingerie Market Revenues & Volume, By Shape Wear, 2021-2031F |
6.1.5 Grenada Lingerie Market Revenues & Volume, By Others, 2021-2031F |
6.2 Grenada Lingerie Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Grenada Lingerie Market Revenues & Volume, By Specialty Stores, 2021-2031F |
6.2.3 Grenada Lingerie Market Revenues & Volume, By Multi Brands Stores, 2021-2031F |
6.2.4 Grenada Lingerie Market Revenues & Volume, By Online, 2021-2031F |
7 Grenada Lingerie Market Import-Export Trade Statistics |
7.1 Grenada Lingerie Market Export to Major Countries |
7.2 Grenada Lingerie Market Imports from Major Countries |
8 Grenada Lingerie Market Key Performance Indicators |
8.1 Average order value of lingerie products |
8.2 Customer retention rate for lingerie brands in Grenada |
8.3 Social media engagement and brand awareness metrics for local lingerie companies |
9 Grenada Lingerie Market - Opportunity Assessment |
9.1 Grenada Lingerie Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Lingerie Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Grenada Lingerie Market - Competitive Landscape |
10.1 Grenada Lingerie Market Revenue Share, By Companies, 2024 |
10.2 Grenada Lingerie 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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