| Product Code: ETC7373990 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Grenada`s luxury candle import market continues to thrive in 2024, with top exporting countries including Trinidad and Tobago, USA, UK, China, and Netherlands. The market shows a high concentration level, as indicated by the high HHI, reflecting strong dominance by key players. The impressive compound annual growth rate (CAGR) of 7.69% from 2020 to 2024 demonstrates sustained growth momentum. Additionally, the robust growth rate of 13.49% from 2023 to 2024 signals accelerated expansion in the luxury candle import sector, highlighting a promising outlook for the 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 Luxury Candle Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Luxury Candle Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Luxury Candle Market - Industry Life Cycle |
3.4 Grenada Luxury Candle Market - Porter's Five Forces |
3.5 Grenada Luxury Candle Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Grenada Luxury Candle Market Revenues & Volume Share, By Wax Type, 2021 & 2031F |
3.7 Grenada Luxury Candle Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Grenada Luxury Candle Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer preference for premium and luxury home fragrance products. |
4.2.2 Rising demand for eco-friendly and sustainable luxury candles. |
4.2.3 Growing popularity of aromatherapy and wellness trends globally. |
4.3 Market Restraints |
4.3.1 High production costs associated with premium ingredients and packaging. |
4.3.2 Intense competition from established luxury candle brands. |
4.3.3 Fluctuating raw material prices impacting profit margins. |
5 Grenada Luxury Candle Market Trends |
6 Grenada Luxury Candle Market, By Types |
6.1 Grenada Luxury Candle Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Grenada Luxury Candle Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Grenada Luxury Candle Market Revenues & Volume, By Container, 2021- 2031F |
6.1.4 Grenada Luxury Candle Market Revenues & Volume, By Pillar, 2021- 2031F |
6.1.5 Grenada Luxury Candle Market Revenues & Volume, By Votive, 2021- 2031F |
6.1.6 Grenada Luxury Candle Market Revenues & Volume, By Tapers, 2021- 2031F |
6.2 Grenada Luxury Candle Market, By Wax Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Luxury Candle Market Revenues & Volume, By Paraffin, 2021- 2031F |
6.2.3 Grenada Luxury Candle Market Revenues & Volume, By Soywax, 2021- 2031F |
6.2.4 Grenada Luxury Candle Market Revenues & Volume, By Beeswax, 2021- 2031F |
6.2.5 Grenada Luxury Candle Market Revenues & Volume, By Palm Wax, 2021- 2031F |
6.3 Grenada Luxury Candle Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Grenada Luxury Candle Market Revenues & Volume, By Stand-Alone Boutiques, 2021- 2031F |
6.3.3 Grenada Luxury Candle Market Revenues & Volume, By Departmental Stores, 2021- 2031F |
6.3.4 Grenada Luxury Candle Market Revenues & Volume, By Specialty Stores, 2021- 2031F |
7 Grenada Luxury Candle Market Import-Export Trade Statistics |
7.1 Grenada Luxury Candle Market Export to Major Countries |
7.2 Grenada Luxury Candle Market Imports from Major Countries |
8 Grenada Luxury Candle Market Key Performance Indicators |
8.1 Customer satisfaction scores from post-purchase surveys. |
8.2 Number of repeat customers and customer retention rate. |
8.3 Social media engagement metrics such as likes, shares, and comments on luxury candle posts. |
8.4 Percentage increase in website traffic and online conversions. |
8.5 Expansion of distribution channels and partnerships with luxury retailers. |
9 Grenada Luxury Candle Market - Opportunity Assessment |
9.1 Grenada Luxury Candle Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Grenada Luxury Candle Market Opportunity Assessment, By Wax Type, 2021 & 2031F |
9.3 Grenada Luxury Candle Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Grenada Luxury Candle Market - Competitive Landscape |
10.1 Grenada Luxury Candle Market Revenue Share, By Companies, 2024 |
10.2 Grenada Luxury Candle Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |