| Product Code: ETC12592870 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The luxury sunglass import market in Grenada continues to thrive, with top exporting countries being the USA, Panama, China, Trinidad and Tobago, and India in 2024. Despite a notable decline in growth rate from 2023 to 2024, the industry still maintained a high concentration level according to the Herfindahl-Hirschman Index (HHI). With a strong compound annual growth rate (CAGR) of 9.6% from 2020 to 2024, the luxury sunglass import market in Grenada remains a lucrative and competitive sector for international suppliers.
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 Sunglass Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Luxury Sunglass Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Luxury Sunglass Market - Industry Life Cycle |
3.4 Grenada Luxury Sunglass Market - Porter's Five Forces |
3.5 Grenada Luxury Sunglass Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Luxury Sunglass Market Revenues & Volume Share, By Frame Material, 2021 & 2031F |
3.7 Grenada Luxury Sunglass Market Revenues & Volume Share, By Lens Technology, 2021 & 2031F |
3.8 Grenada Luxury Sunglass Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Grenada Luxury Sunglass Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing disposable income in target consumer segments |
4.2.2 Increasing awareness of eye protection and fashion trends |
4.2.3 Growing tourism industry in Grenada |
4.3 Market Restraints |
4.3.1 Competition from established luxury sunglass brands |
4.3.2 Economic fluctuations impacting consumer spending |
4.3.3 Counterfeit products affecting brand reputation |
5 Grenada Luxury Sunglass Market Trends |
6 Grenada Luxury Sunglass Market, By Types |
6.1 Grenada Luxury Sunglass Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Luxury Sunglass Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Grenada Luxury Sunglass Market Revenues & Volume, By Aviator, 2021 - 2031F |
6.1.4 Grenada Luxury Sunglass Market Revenues & Volume, By Wayfarer, 2021 - 2031F |
6.1.5 Grenada Luxury Sunglass Market Revenues & Volume, By Round, 2021 - 2031F |
6.1.6 Grenada Luxury Sunglass Market Revenues & Volume, By Cat-Eye, 2021 - 2031F |
6.2 Grenada Luxury Sunglass Market, By Frame Material |
6.2.1 Overview and Analysis |
6.2.2 Grenada Luxury Sunglass Market Revenues & Volume, By Metal, 2021 - 2031F |
6.2.3 Grenada Luxury Sunglass Market Revenues & Volume, By Acetate, 2021 - 2031F |
6.2.4 Grenada Luxury Sunglass Market Revenues & Volume, By Titanium, 2021 - 2031F |
6.2.5 Grenada Luxury Sunglass Market Revenues & Volume, By Wood, 2021 - 2031F |
6.3 Grenada Luxury Sunglass Market, By Lens Technology |
6.3.1 Overview and Analysis |
6.3.2 Grenada Luxury Sunglass Market Revenues & Volume, By Polarized, 2021 - 2031F |
6.3.3 Grenada Luxury Sunglass Market Revenues & Volume, By UV Protection, 2021 - 2031F |
6.3.4 Grenada Luxury Sunglass Market Revenues & Volume, By Blue Light Filter, 2021 - 2031F |
6.3.5 Grenada Luxury Sunglass Market Revenues & Volume, By Smart Lens, 2021 - 2031F |
6.4 Grenada Luxury Sunglass Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Grenada Luxury Sunglass Market Revenues & Volume, By Online, 2021 - 2031F |
6.4.3 Grenada Luxury Sunglass Market Revenues & Volume, By Offline, 2021 - 2031F |
6.4.4 Grenada Luxury Sunglass Market Revenues & Volume, By Specialty Stores, 2021 - 2031F |
7 Grenada Luxury Sunglass Market Import-Export Trade Statistics |
7.1 Grenada Luxury Sunglass Market Export to Major Countries |
7.2 Grenada Luxury Sunglass Market Imports from Major Countries |
8 Grenada Luxury Sunglass Market Key Performance Indicators |
8.1 Average selling price (ASP) of luxury sunglasses in Grenada |
8.2 Number of high-end retail outlets stocking luxury sunglasses |
8.3 Percentage of consumers aware of the importance of eye protection and style in sunglasses |
9 Grenada Luxury Sunglass Market - Opportunity Assessment |
9.1 Grenada Luxury Sunglass Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Luxury Sunglass Market Opportunity Assessment, By Frame Material, 2021 & 2031F |
9.3 Grenada Luxury Sunglass Market Opportunity Assessment, By Lens Technology, 2021 & 2031F |
9.4 Grenada Luxury Sunglass Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Grenada Luxury Sunglass Market - Competitive Landscape |
10.1 Grenada Luxury Sunglass Market Revenue Share, By Companies, 2024 |
10.2 Grenada Luxury Sunglass 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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