Grenada Luxury Candle Market (2025-2031) | Outlook, Growth, Trends, Share, Industry, Segmentation, Analysis, Size & Revenue, Competitive Landscape, Companies, Forecast, Value

Name: Grenada Luxury Candle Market (2025-2031) | Outlook & Growth
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Luxury Candle Market, Grenada Luxury Candle Market, Grenada Luxury Candle Market Revenues, Grenada Luxury Candle Market Share, Grenada Luxury Candle Market Size, Grenada Luxury Candle Market Outlook, Grenada Luxury Candle Market Report, Grenada Luxury Candle Market Competition, Grenada Luxury Candle Market Overview, Grenada Luxury Candle Market Trends, Grenada Luxury Candle Market Forecast

Market Forecast By Product (Container, Pillar, Votive, Tapers), By Wax Type (Paraffin, Soywax, Beeswax, Palm Wax), By Distribution Channel (Stand-Alone Boutiques, Departmental Stores, Specialty Stores) And Competitive Landscape

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 Luxury Candle Market Top 5 Importing Countries and Market Competition (HHI) Analysis

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.

Key Highlights of the Report:

Grenada Luxury Candle Market Outlook
Market Size of Grenada Luxury Candle Market, 2024
Forecast of Grenada Luxury Candle Market, 2031
Historical Data and Forecast of Grenada Luxury Candle Revenues & Volume for the Period 2021- 2031
Grenada Luxury Candle Market Trend Evolution
Grenada Luxury Candle Market Drivers and Challenges
Grenada Luxury Candle Price Trends
Grenada Luxury Candle Porter's Five Forces
Grenada Luxury Candle Industry Life Cycle
Historical Data and Forecast of Grenada Luxury Candle Market Revenues & Volume By Product for the Period 2021- 2031
Historical Data and Forecast of Grenada Luxury Candle Market Revenues & Volume By Container for the Period 2021- 2031
Historical Data and Forecast of Grenada Luxury Candle Market Revenues & Volume By Pillar for the Period 2021- 2031
Historical Data and Forecast of Grenada Luxury Candle Market Revenues & Volume By Votive for the Period 2021- 2031
Historical Data and Forecast of Grenada Luxury Candle Market Revenues & Volume By Tapers for the Period 2021- 2031
Historical Data and Forecast of Grenada Luxury Candle Market Revenues & Volume By Wax Type for the Period 2021- 2031
Historical Data and Forecast of Grenada Luxury Candle Market Revenues & Volume By Paraffin for the Period 2021- 2031
Historical Data and Forecast of Grenada Luxury Candle Market Revenues & Volume By Soywax for the Period 2021- 2031
Historical Data and Forecast of Grenada Luxury Candle Market Revenues & Volume By Beeswax for the Period 2021- 2031
Historical Data and Forecast of Grenada Luxury Candle Market Revenues & Volume By Palm Wax for the Period 2021- 2031
Historical Data and Forecast of Grenada Luxury Candle Market Revenues & Volume By Distribution Channel for the Period 2021- 2031
Historical Data and Forecast of Grenada Luxury Candle Market Revenues & Volume By Stand-Alone Boutiques for the Period 2021- 2031
Historical Data and Forecast of Grenada Luxury Candle Market Revenues & Volume By Departmental Stores for the Period 2021- 2031
Historical Data and Forecast of Grenada Luxury Candle Market Revenues & Volume By Specialty Stores for the Period 2021- 2031
Grenada Luxury Candle Import Export Trade Statistics
Market Opportunity Assessment By Product
Market Opportunity Assessment By Wax Type
Market Opportunity Assessment By Distribution Channel
Grenada Luxury Candle Top Companies Market Share
Grenada Luxury Candle Competitive Benchmarking By Technical and Operational Parameters
Grenada Luxury Candle Company Profiles
Grenada Luxury Candle Key Strategic Recommendations

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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

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Export potential assessment - trade Analytics for 2030

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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