| Product Code: ETC7377625 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
Grenada`s personal luxury goods import market continued to showcase strong growth in 2024, with a notable Compound Annual Growth Rate (CAGR) of 11.94% over the period of 2020-2024. Despite a slight decline in growth rate from 2023 to 2024 at -17.31%, the market remains vibrant. The top exporting countries to Grenada in 2024, including the USA, Trinidad and Tobago, UK, Canada, and China, highlight a diverse mix of sources for luxury goods. The high concentration levels, as indicated by the Herfindahl-Hirschman Index (HHI), suggest a competitive landscape within the luxury goods import sector 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 Personal Luxury Goods Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Personal Luxury Goods Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Personal Luxury Goods Market - Industry Life Cycle |
3.4 Grenada Personal Luxury Goods Market - Porter's Five Forces |
3.5 Grenada Personal Luxury Goods Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.6 Grenada Personal Luxury Goods Market Revenues & Volume Share, By Product, 2021 & 2031F |
4 Grenada Personal Luxury Goods Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income levels in Grenada |
4.2.2 Growing influence of global luxury trends in Grenada |
4.2.3 Rising tourism industry and influx of high-net-worth tourists in Grenada |
4.3 Market Restraints |
4.3.1 Economic instability and fluctuations in Grenada |
4.3.2 High import taxes and duties on luxury goods in Grenada |
5 Grenada Personal Luxury Goods Market Trends |
6 Grenada Personal Luxury Goods Market, By Types |
6.1 Grenada Personal Luxury Goods Market, By Distribution Channel |
6.1.1 Overview and Analysis |
6.1.2 Grenada Personal Luxury Goods Market Revenues & Volume, By Distribution Channel, 2021- 2031F |
6.1.3 Grenada Personal Luxury Goods Market Revenues & Volume, By Offline, 2021- 2031F |
6.1.4 Grenada Personal Luxury Goods Market Revenues & Volume, By Online, 2021- 2031F |
6.2 Grenada Personal Luxury Goods Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Grenada Personal Luxury Goods Market Revenues & Volume, By Hard luxury, 2021- 2031F |
6.2.3 Grenada Personal Luxury Goods Market Revenues & Volume, By Apparel, 2021- 2031F |
6.2.4 Grenada Personal Luxury Goods Market Revenues & Volume, By Cosmetics and perfumes, 2021- 2031F |
6.2.5 Grenada Personal Luxury Goods Market Revenues & Volume, By Accessories, 2021- 2031F |
6.2.6 Grenada Personal Luxury Goods Market Revenues & Volume, By Others, 2021- 2031F |
7 Grenada Personal Luxury Goods Market Import-Export Trade Statistics |
7.1 Grenada Personal Luxury Goods Market Export to Major Countries |
7.2 Grenada Personal Luxury Goods Market Imports from Major Countries |
8 Grenada Personal Luxury Goods Market Key Performance Indicators |
8.1 Average spending per capita on personal luxury goods in Grenada |
8.2 Number of luxury brands entering the Grenadian market |
8.3 Growth in the number of luxury boutiques and stores in Grenada |
8.4 Percentage of Grenada's GDP contributed by the luxury goods market |
8.5 Consumer sentiment towards luxury goods in Grenada |
9 Grenada Personal Luxury Goods Market - Opportunity Assessment |
9.1 Grenada Personal Luxury Goods Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.2 Grenada Personal Luxury Goods Market Opportunity Assessment, By Product, 2021 & 2031F |
10 Grenada Personal Luxury Goods Market - Competitive Landscape |
10.1 Grenada Personal Luxury Goods Market Revenue Share, By Companies, 2024 |
10.2 Grenada Personal Luxury Goods Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |