| Product Code: ETC5208851 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Grenada`s razor blade import market saw significant growth in 2024, with top exporting countries including the USA, UK, Curaçao, Panama, and China. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained very high, indicating a competitive landscape dominated by a few key players. The compound annual growth rate (CAGR) from 2020 to 2024 was strong at 9.07%, with an impressive growth rate of 37.2% from 2023 to 2024. This data suggests a thriving market for razor blade imports in Grenada, driven by diverse international suppliers and robust demand.
Grenada's Razor Blade market is anticipated to experience a stable growth rate of 1.46% by 2027, reflecting trends observed in the largest economy United States of America, followed by Canada, Trinidad and Tobago, Jamaica and Bahamas.

The razor blade market in Grenada serves personal grooming needs with innovative and durable blade designs, catering to consumer preferences for high-quality grooming products.
The Grenada razor blade market is growing due to the rising demand for personal grooming products, particularly in the male grooming segment. Razor blades are a key component in shaving and hair removal products, and as Grenadas beauty and personal care industry expands, the demand for razor blades is increasing.
The razor blade market in Grenada faces intense competition from disposable razors and electric shaving devices. The rising cost of high-quality materials, such as stainless steel, contributes to increased production costs. Additionally, the market struggles with counterfeit products, which negatively affect brand reputation and consumer trust.
The razor blade market in Grenada is supported by the growing demand for personal care products and grooming tools. The government encourages the development of local manufacturing industries, including the production of razor blades. Financial incentives are available for businesses that invest in high-quality, innovative razor blade products. The market is further driven by increasing consumer awareness of hygiene and grooming, leading to higher demand for personal care items 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 Razor Blade Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Razor Blade Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Razor Blade Market - Industry Life Cycle |
3.4 Grenada Razor Blade Market - Porter's Five Forces |
3.5 Grenada Razor Blade Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Razor Blade Market Revenues & Volume Share, By Blade Material, 2021 & 2031F |
3.7 Grenada Razor Blade Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Grenada Razor Blade Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Grenada Razor Blade Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing focus on personal grooming and hygiene |
4.2.2 Growing disposable income leading to higher spending on grooming products |
4.2.3 Rising awareness about the importance of using quality razor blades for skin health |
4.3 Market Restraints |
4.3.1 Intense competition from established razor blade brands |
4.3.2 Fluctuating raw material prices affecting production costs |
4.3.3 Regulatory challenges related to product safety and compliance |
5 Grenada Razor Blade Market Trends |
6 Grenada Razor Blade Market Segmentations |
6.1 Grenada Razor Blade Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Razor Blade Market Revenues & Volume, By Single Edge, 2021-2031F |
6.1.3 Grenada Razor Blade Market Revenues & Volume, By Double Edge, 2021-2031F |
6.2 Grenada Razor Blade Market, By Blade Material |
6.2.1 Overview and Analysis |
6.2.2 Grenada Razor Blade Market Revenues & Volume, By Carbon Steel, 2021-2031F |
6.2.3 Grenada Razor Blade Market Revenues & Volume, By Stainless Steel, 2021-2031F |
6.3 Grenada Razor Blade Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Grenada Razor Blade Market Revenues & Volume, By Men, 2021-2031F |
6.3.3 Grenada Razor Blade Market Revenues & Volume, By Women, 2021-2031F |
6.4 Grenada Razor Blade Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Grenada Razor Blade Market Revenues & Volume, By Supermarkets/Hypermarkets, 2021-2031F |
6.4.3 Grenada Razor Blade Market Revenues & Volume, By Departmental Stores, 2021-2031F |
6.4.4 Grenada Razor Blade Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.4.5 Grenada Razor Blade Market Revenues & Volume, By Online, 2021-2031F |
7 Grenada Razor Blade Market Import-Export Trade Statistics |
7.1 Grenada Razor Blade Market Export to Major Countries |
7.2 Grenada Razor Blade Market Imports from Major Countries |
8 Grenada Razor Blade Market Key Performance Indicators |
8.1 Customer satisfaction score from using Grenada razor blades |
8.2 Number of new customers acquired within a specific time period |
8.3 Rate of customer retention and loyalty to the Grenada brand |
8.4 Average customer lifetime value |
8.5 Percentage of market share growth for Grenada razor blades |
9 Grenada Razor Blade Market - Opportunity Assessment |
9.1 Grenada Razor Blade Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Razor Blade Market Opportunity Assessment, By Blade Material, 2021 & 2031F |
9.3 Grenada Razor Blade Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Grenada Razor Blade Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Grenada Razor Blade Market - Competitive Landscape |
10.1 Grenada Razor Blade Market Revenue Share, By Companies, 2024 |
10.2 Grenada Razor Blade 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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