| Product Code: ETC5825686 | 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 |
Grenada`s umbrella import market continues to thrive in 2024, with the USA, Trinidad and Tobago, China, Curaçao, and Panama dominating the export supply. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive Compound Annual Growth Rate (CAGR) of 26.94% from 2020 to 2024 highlights sustained expansion. Moreover, the remarkable growth rate of 50.66% from 2023 to 2024 signals a rapid uptrend in import shipments, showcasing the increasing demand for umbrellas 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 Umbrella Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Umbrella Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Umbrella Market - Industry Life Cycle |
3.4 Grenada Umbrella Market - Porter's Five Forces |
3.5 Grenada Umbrella Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Grenada Umbrella Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Umbrella Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for stylish and customizable umbrellas in the market |
4.2.2 Growing popularity of outdoor events and leisure activities driving the need for umbrellas |
4.2.3 Rising awareness about the importance of sun protection and the use of umbrellas for health reasons |
4.3 Market Restraints |
4.3.1 Seasonal fluctuations affecting the demand for umbrellas |
4.3.2 Competition from alternative sun protection products like hats and sunscreen |
4.3.3 Fluctuating raw material prices impacting production costs |
5 Grenada Umbrella Market Trends |
6 Grenada Umbrella Market Segmentations |
6.1 Grenada Umbrella Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Grenada Umbrella Market Revenues & Volume, By Reverse Umbrella, 2021-2031F |
6.1.3 Grenada Umbrella Market Revenues & Volume, By Straight Umbrella, 2021-2031F |
6.1.4 Grenada Umbrella Market Revenues & Volume, By Folding Umbrella, 2021-2031F |
6.1.5 Grenada Umbrella Market Revenues & Volume, By Automatic Umbrella, 2021-2031F |
6.1.6 Grenada Umbrella Market Revenues & Volume, By Other, 2021-2031F |
6.2 Grenada Umbrella Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Umbrella Market Revenues & Volume, By Commercial Use, 2021-2031F |
6.2.3 Grenada Umbrella Market Revenues & Volume, By Entertainment Use, 2021-2031F |
7 Grenada Umbrella Market Import-Export Trade Statistics |
7.1 Grenada Umbrella Market Export to Major Countries |
7.2 Grenada Umbrella Market Imports from Major Countries |
8 Grenada Umbrella Market Key Performance Indicators |
8.1 Customer satisfaction score based on feedback and reviews |
8.2 Number of new umbrella designs or customization options introduced |
8.3 Percentage of market penetration in different customer segments |
8.4 Rate of return customers and brand loyalty |
8.5 Social media engagement metrics such as likes, shares, and comments on umbrella-related posts |
9 Grenada Umbrella Market - Opportunity Assessment |
9.1 Grenada Umbrella Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Grenada Umbrella Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Umbrella Market - Competitive Landscape |
10.1 Grenada Umbrella Market Revenue Share, By Companies, 2024 |
10.2 Grenada Umbrella 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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