| Product Code: ETC7374008 | 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 |
The luxury perfume import market in Grenada continues to thrive, with significant growth reflected in the CAGR of 20.81% from 2020 to 2024. The top exporting countries, including the USA, China, UK, Barbados, and Guyana, demonstrate the global appeal of luxury fragrances in Grenada. Despite the high concentration level indicated by the HHI, the impressive growth rate of 26.49% from 2023 to 2024 suggests a promising outlook for the luxury perfume market 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 Perfume Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Luxury Perfume Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Luxury Perfume Market - Industry Life Cycle |
3.4 Grenada Luxury Perfume Market - Porter's Five Forces |
3.5 Grenada Luxury Perfume Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.6 Grenada Luxury Perfume Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Grenada Luxury Perfume Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income in Grenada |
4.2.2 Growing trend of gifting luxury perfumes |
4.2.3 Rising demand for premium fragrances in the market |
4.3 Market Restraints |
4.3.1 High import duties on luxury perfumes impacting pricing |
4.3.2 Competition from international luxury perfume brands |
4.3.3 Limited distribution channels for luxury perfumes in Grenada |
5 Grenada Luxury Perfume Market Trends |
6 Grenada Luxury Perfume Market, By Types |
6.1 Grenada Luxury Perfume Market, By End User |
6.1.1 Overview and Analysis |
6.1.2 Grenada Luxury Perfume Market Revenues & Volume, By End User, 2021- 2031F |
6.1.3 Grenada Luxury Perfume Market Revenues & Volume, By Men, 2021- 2031F |
6.1.4 Grenada Luxury Perfume Market Revenues & Volume, By Women, 2021- 2031F |
6.1.5 Grenada Luxury Perfume Market Revenues & Volume, By Unisex, 2021- 2031F |
6.2 Grenada Luxury Perfume Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Grenada Luxury Perfume Market Revenues & Volume, By Supermarkets, 2021- 2031F |
6.2.3 Grenada Luxury Perfume Market Revenues & Volume, By Hypermarkets, 2021- 2031F |
6.2.4 Grenada Luxury Perfume Market Revenues & Volume, By Specialty Stores, 2021- 2031F |
6.2.5 Grenada Luxury Perfume Market Revenues & Volume, By Online retail, 2021- 2031F |
7 Grenada Luxury Perfume Market Import-Export Trade Statistics |
7.1 Grenada Luxury Perfume Market Export to Major Countries |
7.2 Grenada Luxury Perfume Market Imports from Major Countries |
8 Grenada Luxury Perfume Market Key Performance Indicators |
8.1 Customer satisfaction index for luxury perfumes |
8.2 Brand loyalty and repeat purchase rate |
8.3 Social media engagement and brand awareness for luxury perfume brands |
9 Grenada Luxury Perfume Market - Opportunity Assessment |
9.1 Grenada Luxury Perfume Market Opportunity Assessment, By End User, 2021 & 2031F |
9.2 Grenada Luxury Perfume Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Grenada Luxury Perfume Market - Competitive Landscape |
10.1 Grenada Luxury Perfume Market Revenue Share, By Companies, 2024 |
10.2 Grenada Luxury Perfume 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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