| Product Code: ETC4952427 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Grenada continued to rely heavily on imports of massage equipment, with top exporters being the USA, Jamaica, UK, China, and Czechia. Despite a concerning high concentration level indicated by the HHI, the industry experienced a significant decline with a CAGR of -17.18% from 2020 to 2024. The negative growth trend persisted in 2024, with a rate of -13.41% compared to the previous year. This data suggests a challenging landscape for the massage equipment market in Grenada, highlighting the need for strategic interventions to stimulate growth and diversification in the sector.
By 2027, Grenada's Massage Equipment market is forecasted to achieve a stable growth rate of 1.75%, with United States of America leading the North America region, followed by Canada, Trinidad and Tobago, Jamaica and Bahamas.

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 Massage Equipment Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Massage Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Massage Equipment Market - Industry Life Cycle |
3.4 Grenada Massage Equipment Market - Porter's Five Forces |
3.5 Grenada Massage Equipment Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Grenada Massage Equipment Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Massage Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Massage Equipment Market Trends |
6 Grenada Massage Equipment Market Segmentations |
6.1 Grenada Massage Equipment Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Grenada Massage Equipment Market Revenues & Volume, By Chairs & Sofas, 2021-2031F |
6.1.3 Grenada Massage Equipment Market Revenues & Volume, By Back Massagers, 2021-2031F |
6.1.4 Grenada Massage Equipment Market Revenues & Volume, By Handheld, 2021-2031F |
6.1.5 Grenada Massage Equipment Market Revenues & Volume, By Neck & Shoulder, 2021-2031F |
6.1.6 Grenada Massage Equipment Market Revenues & Volume, By Others, 2021-2031F |
6.2 Grenada Massage Equipment Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Massage Equipment Market Revenues & Volume, By Commercial, 2021-2031F |
6.2.3 Grenada Massage Equipment Market Revenues & Volume, By Home, 2021-2031F |
7 Grenada Massage Equipment Market Import-Export Trade Statistics |
7.1 Grenada Massage Equipment Market Export to Major Countries |
7.2 Grenada Massage Equipment Market Imports from Major Countries |
8 Grenada Massage Equipment Market Key Performance Indicators |
9 Grenada Massage Equipment Market - Opportunity Assessment |
9.1 Grenada Massage Equipment Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Grenada Massage Equipment Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Massage Equipment Market - Competitive Landscape |
10.1 Grenada Massage Equipment Market Revenue Share, By Companies, 2024 |
10.2 Grenada Massage Equipment 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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