| Product Code: ETC5682711 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
In 2024, Grenada continued to rely on imports of optical lenses, with top suppliers including Trinidad and Tobago, USA, Barbados, Canada, and China. The market remained highly concentrated, indicating limited competition. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period 2020-2024 stood at a healthy 4.66%. Grenada`s optical lenses market is likely to see steady growth in the coming years, with opportunities for suppliers to capitalize on the demand in the country.
By 2027, Grenada's Optical Lenses market is forecasted to achieve a stable growth rate of 1.73%, 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 Optical Lenses Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Optical Lenses Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Optical Lenses Market - Industry Life Cycle |
3.4 Grenada Optical Lenses Market - Porter's Five Forces |
3.5 Grenada Optical Lenses Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Optical Lenses Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Optical Lenses Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
4 Grenada Optical Lenses Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about eye health and vision care in Grenada |
4.2.2 Technological advancements in optical lenses manufacturing |
4.2.3 Rising disposable income levels leading to higher spending on eyewear products |
4.3 Market Restraints |
4.3.1 High prices of specialized optical lenses impacting affordability |
4.3.2 Limited availability of skilled opticians and eye care professionals in Grenada |
4.3.3 Competition from alternative vision correction methods like contact lenses and laser eye surgery |
5 Grenada Optical Lenses Market Trends |
6 Grenada Optical Lenses Market Segmentations |
6.1 Grenada Optical Lenses Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Optical Lenses Market Revenues & Volume, By Converging, 2021-2031F |
6.1.3 Grenada Optical Lenses Market Revenues & Volume, By Diverging, 2021-2031F |
6.2 Grenada Optical Lenses Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Optical Lenses Market Revenues & Volume, By Microscopy, 2021-2031F |
6.2.3 Grenada Optical Lenses Market Revenues & Volume, By Laser Processing, 2021-2031F |
6.2.4 Grenada Optical Lenses Market Revenues & Volume, By Imaging, 2021-2031F |
6.2.5 Grenada Optical Lenses Market Revenues & Volume, By Ophthalmic, 2021-2031F |
6.3 Grenada Optical Lenses Market, By Vertical |
6.3.1 Overview and Analysis |
6.3.2 Grenada Optical Lenses Market Revenues & Volume, By Healthcare, 2021-2031F |
6.3.3 Grenada Optical Lenses Market Revenues & Volume, By Life Sciences, 2021-2031F |
6.3.4 Grenada Optical Lenses Market Revenues & Volume, By Defense, 2021-2031F |
6.3.5 Grenada Optical Lenses Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.3.6 Grenada Optical Lenses Market Revenues & Volume, By Consumer Electronics, 2021-2031F |
6.3.7 Grenada Optical Lenses Market Revenues & Volume, By Others, 2021-2031F |
7 Grenada Optical Lenses Market Import-Export Trade Statistics |
7.1 Grenada Optical Lenses Market Export to Major Countries |
7.2 Grenada Optical Lenses Market Imports from Major Countries |
8 Grenada Optical Lenses Market Key Performance Indicators |
8.1 Average number of eye exams per capita in Grenada |
8.2 Adoption rate of advanced optical lens technologies in the market |
8.3 Percentage of population using prescription eyewear in Grenada |
9 Grenada Optical Lenses Market - Opportunity Assessment |
9.1 Grenada Optical Lenses Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Optical Lenses Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Optical Lenses Market Opportunity Assessment, By Vertical, 2021 & 2031F |
10 Grenada Optical Lenses Market - Competitive Landscape |
10.1 Grenada Optical Lenses Market Revenue Share, By Companies, 2024 |
10.2 Grenada Optical Lenses Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |