| Product Code: ETC10274662 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
Grenada`s readymade garments import market in 2024 saw significant contributions from top exporting countries such as the USA, Germany, and the Netherlands. However, the Herfindahl-Hirschman Index (HHI) indicated a high level of market concentration. The compound annual growth rate (CAGR) from 2020 to 2024 was -38.86%, reflecting a challenging period for the industry. Moreover, the growth rate from 2023 to 2024 plummeted by -89.16%, signaling a substantial decline in import shipments during that period. These trends highlight the need for a strategic approach to navigate market challenges and drive future growth in Grenada`s readymade garments sector.
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 Readymade Garments Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Readymade Garments Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Readymade Garments Market - Industry Life Cycle |
3.4 Grenada Readymade Garments Market - Porter's Five Forces |
3.5 Grenada Readymade Garments Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Readymade Garments Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Grenada Readymade Garments Market Revenues & Volume Share, By Age Group, 2021 & 2031F |
3.8 Grenada Readymade Garments Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.9 Grenada Readymade Garments Market Revenues & Volume Share, By Price Range, 2021 & 2031F |
4 Grenada Readymade Garments Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Readymade Garments Market Trends |
6 Grenada Readymade Garments Market, By Types |
6.1 Grenada Readymade Garments Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Readymade Garments Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Grenada Readymade Garments Market Revenues & Volume, By Formal Wear, 2021 - 2031F |
6.1.4 Grenada Readymade Garments Market Revenues & Volume, By Casual Wear, 2021 - 2031F |
6.1.5 Grenada Readymade Garments Market Revenues & Volume, By Sportswear, 2021 - 2031F |
6.1.6 Grenada Readymade Garments Market Revenues & Volume, By Ethnic Wear, 2021 - 2031F |
6.1.7 Grenada Readymade Garments Market Revenues & Volume, By Kidswear, 2021 - 2031F |
6.2 Grenada Readymade Garments Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Grenada Readymade Garments Market Revenues & Volume, By Cotton, 2021 - 2031F |
6.2.3 Grenada Readymade Garments Market Revenues & Volume, By Polyester, 2021 - 2031F |
6.2.4 Grenada Readymade Garments Market Revenues & Volume, By Spandex, 2021 - 2031F |
6.2.5 Grenada Readymade Garments Market Revenues & Volume, By Silk, 2021 - 2031F |
6.2.6 Grenada Readymade Garments Market Revenues & Volume, By Wool, 2021 - 2031F |
6.3 Grenada Readymade Garments Market, By Age Group |
6.3.1 Overview and Analysis |
6.3.2 Grenada Readymade Garments Market Revenues & Volume, By Adults, 2021 - 2031F |
6.3.3 Grenada Readymade Garments Market Revenues & Volume, By Teenagers, 2021 - 2031F |
6.3.4 Grenada Readymade Garments Market Revenues & Volume, By Young Adults, 2021 - 2031F |
6.3.5 Grenada Readymade Garments Market Revenues & Volume, By All Ages, 2021 - 2031F |
6.3.6 Grenada Readymade Garments Market Revenues & Volume, By Children, 2021 - 2031F |
6.4 Grenada Readymade Garments Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Grenada Readymade Garments Market Revenues & Volume, By Department Stores, 2021 - 2031F |
6.4.3 Grenada Readymade Garments Market Revenues & Volume, By Online Retail, 2021 - 2031F |
6.4.4 Grenada Readymade Garments Market Revenues & Volume, By Specialty Stores, 2021 - 2031F |
6.4.5 Grenada Readymade Garments Market Revenues & Volume, By Boutiques, 2021 - 2031F |
6.4.6 Grenada Readymade Garments Market Revenues & Volume, By Hypermarkets, 2021 - 2031F |
6.5 Grenada Readymade Garments Market, By Price Range |
6.5.1 Overview and Analysis |
6.5.2 Grenada Readymade Garments Market Revenues & Volume, By Mid-Range, 2021 - 2031F |
6.5.3 Grenada Readymade Garments Market Revenues & Volume, By Affordable, 2021 - 2031F |
6.5.4 Grenada Readymade Garments Market Revenues & Volume, By Premium, 2021 - 2031F |
6.5.5 Grenada Readymade Garments Market Revenues & Volume, By Luxury, 2021 - 2031F |
6.5.6 Grenada Readymade Garments Market Revenues & Volume, By Budget, 2021 - 2031F |
7 Grenada Readymade Garments Market Import-Export Trade Statistics |
7.1 Grenada Readymade Garments Market Export to Major Countries |
7.2 Grenada Readymade Garments Market Imports from Major Countries |
8 Grenada Readymade Garments Market Key Performance Indicators |
9 Grenada Readymade Garments Market - Opportunity Assessment |
9.1 Grenada Readymade Garments Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Readymade Garments Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Grenada Readymade Garments Market Opportunity Assessment, By Age Group, 2021 & 2031F |
9.4 Grenada Readymade Garments Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.5 Grenada Readymade Garments Market Opportunity Assessment, By Price Range, 2021 & 2031F |
10 Grenada Readymade Garments Market - Competitive Landscape |
10.1 Grenada Readymade Garments Market Revenue Share, By Companies, 2024 |
10.2 Grenada Readymade Garments 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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