| Product Code: ETC5517259 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Grenada continued to see a high level of concentration in prom dress imports, with the top exporting countries being the USA, China, Barbados, and Areas, nes. Despite a negative growth rate from 2023 to 2024, the compound annual growth rate (CAGR) from 2020 to 2024 was positive at 5.21%, indicating a steady increase in demand over the years. The consistent presence of major players in the market suggests a stable supply chain for prom dress imports into 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 Prom Dresses Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Prom Dresses Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Prom Dresses Market - Industry Life Cycle |
3.4 Grenada Prom Dresses Market - Porter's Five Forces |
3.5 Grenada Prom Dresses Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Prom Dresses Market Revenues & Volume Share, By Fabric, 2021 & 2031F |
3.7 Grenada Prom Dresses Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Grenada Prom Dresses Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for prom dresses due to growing popularity of prom nights and formal events among teenagers. |
4.2.2 Rising disposable income and purchasing power of consumers in Grenada. |
4.2.3 Fashion trends and social media influence driving the demand for trendy and stylish prom dresses. |
4.3 Market Restraints |
4.3.1 High competition from international and online retailers impacting the market share of local prom dress businesses in Grenada. |
4.3.2 Seasonal nature of prom dress sales leading to fluctuations in revenue and cash flow for businesses. |
5 Grenada Prom Dresses Market Trends |
6 Grenada Prom Dresses Market Segmentations |
6.1 Grenada Prom Dresses Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Prom Dresses Market Revenues & Volume, By Long Dresses, 2021-2031F |
6.1.3 Grenada Prom Dresses Market Revenues & Volume, By Short Dresses, 2021-2031F |
6.1.4 Grenada Prom Dresses Market Revenues & Volume, By Knee-length Dresses, 2021-2031F |
6.2 Grenada Prom Dresses Market, By Fabric |
6.2.1 Overview and Analysis |
6.2.2 Grenada Prom Dresses Market Revenues & Volume, By Chiffon, 2021-2031F |
6.2.3 Grenada Prom Dresses Market Revenues & Volume, By Satin, 2021-2031F |
6.2.4 Grenada Prom Dresses Market Revenues & Volume, By Organza, 2021-2031F |
6.2.5 Grenada Prom Dresses Market Revenues & Volume, By Others, 2021-2031F |
6.3 Grenada Prom Dresses Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Grenada Prom Dresses Market Revenues & Volume, By Store-Based, 2021-2031F |
6.3.3 Grenada Prom Dresses Market Revenues & Volume, By Non-Store-Based, 2021-2031F |
7 Grenada Prom Dresses Market Import-Export Trade Statistics |
7.1 Grenada Prom Dresses Market Export to Major Countries |
7.2 Grenada Prom Dresses Market Imports from Major Countries |
8 Grenada Prom Dresses Market Key Performance Indicators |
8.1 Average selling price of prom dresses in Grenada. |
8.2 Number of new prom dress designs launched each season. |
8.3 Customer satisfaction and repeat purchase rate for prom dress retailers in Grenada. |
9 Grenada Prom Dresses Market - Opportunity Assessment |
9.1 Grenada Prom Dresses Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Prom Dresses Market Opportunity Assessment, By Fabric, 2021 & 2031F |
9.3 Grenada Prom Dresses Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Grenada Prom Dresses Market - Competitive Landscape |
10.1 Grenada Prom Dresses Market Revenue Share, By Companies, 2024 |
10.2 Grenada Prom Dresses 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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