| Product Code: ETC13039078 | 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 |
In 2024, Grenada`s outbound MICE import shipments continue to show strong growth potential, with top exporting countries including the USA, Saint Lucia, China, Trinidad and Tobago, and Portugal. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, suggesting significant opportunities for strategic partnerships. The compound annual growth rate (CAGR) from 2020 to 2024 is steady at 0.24, while the impressive growth rate of 77.23 from 2023 to 2024 highlights a rapidly expanding market. Grenada`s MICE import sector is poised for continued success and collaboration with key global partners.
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 Outbound MICE Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Outbound MICE Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Outbound MICE Market - Industry Life Cycle |
3.4 Grenada Outbound MICE Market - Porter's Five Forces |
3.5 Grenada Outbound MICE Market Revenues & Volume Share, By Event Type, 2021 & 2031F |
3.6 Grenada Outbound MICE Market Revenues & Volume Share, By Service Type, 2021 & 2031F |
3.7 Grenada Outbound MICE Market Revenues & Volume Share, By Destination Type, 2021 & 2031F |
3.8 Grenada Outbound MICE Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Grenada Outbound MICE Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Outbound MICE Market Trends |
6 Grenada Outbound MICE Market, By Types |
6.1 Grenada Outbound MICE Market, By Event Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Outbound MICE Market Revenues & Volume, By Event Type, 2021 - 2031F |
6.1.3 Grenada Outbound MICE Market Revenues & Volume, By Conferences, 2021 - 2031F |
6.1.4 Grenada Outbound MICE Market Revenues & Volume, By Exhibitions, 2021 - 2031F |
6.1.5 Grenada Outbound MICE Market Revenues & Volume, By Incentive Trips, 2021 - 2031F |
6.1.6 Grenada Outbound MICE Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Grenada Outbound MICE Market, By Service Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Outbound MICE Market Revenues & Volume, By Accommodation, 2021 - 2031F |
6.2.3 Grenada Outbound MICE Market Revenues & Volume, By Travel Services, 2021 - 2031F |
6.2.4 Grenada Outbound MICE Market Revenues & Volume, By Food & Beverage, 2021 - 2031F |
6.2.5 Grenada Outbound MICE Market Revenues & Volume, By Others, 2021 - 2031F |
6.3 Grenada Outbound MICE Market, By Destination Type |
6.3.1 Overview and Analysis |
6.3.2 Grenada Outbound MICE Market Revenues & Volume, By Domestic, 2021 - 2031F |
6.3.3 Grenada Outbound MICE Market Revenues & Volume, By International, 2021 - 2031F |
6.3.4 Grenada Outbound MICE Market Revenues & Volume, By Others, 2021 - 2031F |
6.3.5 Grenada Outbound MICE Market Revenues & Volume, By Others, 2021 - 2031F |
6.4 Grenada Outbound MICE Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Grenada Outbound MICE Market Revenues & Volume, By Corporates, 2021 - 2031F |
6.4.3 Grenada Outbound MICE Market Revenues & Volume, By Government, 2021 - 2031F |
6.4.4 Grenada Outbound MICE Market Revenues & Volume, By Others, 2021 - 2031F |
6.4.5 Grenada Outbound MICE Market Revenues & Volume, By Others, 2021 - 2031F |
7 Grenada Outbound MICE Market Import-Export Trade Statistics |
7.1 Grenada Outbound MICE Market Export to Major Countries |
7.2 Grenada Outbound MICE Market Imports from Major Countries |
8 Grenada Outbound MICE Market Key Performance Indicators |
9 Grenada Outbound MICE Market - Opportunity Assessment |
9.1 Grenada Outbound MICE Market Opportunity Assessment, By Event Type, 2021 & 2031F |
9.2 Grenada Outbound MICE Market Opportunity Assessment, By Service Type, 2021 & 2031F |
9.3 Grenada Outbound MICE Market Opportunity Assessment, By Destination Type, 2021 & 2031F |
9.4 Grenada Outbound MICE Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Grenada Outbound MICE Market - Competitive Landscape |
10.1 Grenada Outbound MICE Market Revenue Share, By Companies, 2024 |
10.2 Grenada Outbound MICE 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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