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

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

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Grenada Luxury Candle Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Grenada Luxury Candle Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

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

Pricing
  • Single User License
    $ 1,995
  • Department License
    $ 2,400
  • Site License
    $ 3,120
  • Global License
    $ 3,795
6Wresearch Support

Any Query

Call: +91-11-4302-4305
Email us: sales@6wresearch.com
Any Query? Click Here

Thought Leadership and Analyst Meet

Our Clients

Airtel
Canon
Contec
HoneyWell
Kriloskar
Pwc Logo
Samsung
Tata Teleservices

Related Reports

Industry Events and Analyst Meet

Whitepaper

Read All