| Product Code: ETC4714224 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Grenada`s silk import market in 2024 continues to be dominated by key players such as India, USA, and Trinidad and Tobago. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, reflecting the strong presence of these top exporting countries. With an impressive compound annual growth rate (CAGR) of 50.48% from 2020 to 2024, the market is experiencing significant expansion. The remarkable growth rate of 73.85% from 2023 to 2024 further underscores the increasing demand for silk imports in Grenada, presenting lucrative opportunities for market players.
In the North America region, the Silk market in Grenada is projected to expand at a stable growth rate of 1.50% by 2027. The largest economy is United States of America, followed by Canada, Trinidad and Tobago, Jamaica and Bahamas.

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 Silk Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Silk Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Silk Market - Industry Life Cycle |
3.4 Grenada Silk Market - Porter's Five Forces |
3.5 Grenada Silk Market Revenues & Volume Share, By Production process, 2021 & 2031F |
3.6 Grenada Silk Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Grenada Silk Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Silk Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Silk Market Trends |
6 Grenada Silk Market Segmentations |
6.1 Grenada Silk Market, By Production process |
6.1.1 Overview and Analysis |
6.1.2 Grenada Silk Market Revenues & Volume, By Cocoon Production, 2021-2031F |
6.1.3 Grenada Silk Market Revenues & Volume, By Reeling, 2021-2031F |
6.1.4 Grenada Silk Market Revenues & Volume, By Throwing, 2021-2031F |
6.1.5 Grenada Silk Market Revenues & Volume, By Weaving, 2021-2031F |
6.1.6 Grenada Silk Market Revenues & Volume, By Dyeing, 2021-2031F |
6.2 Grenada Silk Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Silk Market Revenues & Volume, By Mulberry Silk, 2021-2031F |
6.2.3 Grenada Silk Market Revenues & Volume, By Tussar Silk, 2021-2031F |
6.2.4 Grenada Silk Market Revenues & Volume, By Eri Silk, 2021-2031F |
6.2.5 Grenada Silk Market Revenues & Volume, By Spider Silk, 2021-2031F |
6.3 Grenada Silk Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Silk Market Revenues & Volume, By Textile, 2021-2031F |
6.3.3 Grenada Silk Market Revenues & Volume, By Cosmetics, 2021-2031F |
6.3.4 Grenada Silk Market Revenues & Volume, By Medicine, 2021-2031F |
7 Grenada Silk Market Import-Export Trade Statistics |
7.1 Grenada Silk Market Export to Major Countries |
7.2 Grenada Silk Market Imports from Major Countries |
8 Grenada Silk Market Key Performance Indicators |
9 Grenada Silk Market - Opportunity Assessment |
9.1 Grenada Silk Market Opportunity Assessment, By Production process, 2021 & 2031F |
9.2 Grenada Silk Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Grenada Silk Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Silk Market - Competitive Landscape |
10.1 Grenada Silk Market Revenue Share, By Companies, 2024 |
10.2 Grenada Silk 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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