| Product Code: ETC11298022 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Grenada`s watch import market continued to be dominated by imports from the USA, Areas, nes, Barbados, China, and Canada, reflecting a high level of concentration with a high Herfindahl-Hirschman Index (HHI). Despite a modest Compound Annual Growth Rate (CAGR) of 2.05% from 2020 to 2024, the market experienced a significant decline in growth rate from 2023 to 2024 at -30.45%. This suggests a challenging year for watch imports in Grenada, possibly influenced by various economic factors impacting the industry.
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 Watch Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Watch Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Watch Market - Industry Life Cycle |
3.4 Grenada Watch Market - Porter's Five Forces |
3.5 Grenada Watch Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Watch Market Revenues & Volume Share, By Material Used, 2021 & 2031F |
3.7 Grenada Watch Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Grenada Watch Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Watch Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Watch Market Trends |
6 Grenada Watch Market, By Types |
6.1 Grenada Watch Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Watch Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Grenada Watch Market Revenues & Volume, By Analog, 2021 - 2031F |
6.1.4 Grenada Watch Market Revenues & Volume, By Digital, 2021 - 2031F |
6.1.5 Grenada Watch Market Revenues & Volume, By Smart, 2021 - 2031F |
6.1.6 Grenada Watch Market Revenues & Volume, By Luxury, 2021 - 2031F |
6.1.7 Grenada Watch Market Revenues & Volume, By Hybrid, 2021 - 2031F |
6.2 Grenada Watch Market, By Material Used |
6.2.1 Overview and Analysis |
6.2.2 Grenada Watch Market Revenues & Volume, By Stainless Steel, 2021 - 2031F |
6.2.3 Grenada Watch Market Revenues & Volume, By Plastic, 2021 - 2031F |
6.2.4 Grenada Watch Market Revenues & Volume, By Silicone, 2021 - 2031F |
6.2.5 Grenada Watch Market Revenues & Volume, By Gold & Diamonds, 2021 - 2031F |
6.2.6 Grenada Watch Market Revenues & Volume, By Leather & Metal, 2021 - 2031F |
6.3 Grenada Watch Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Grenada Watch Market Revenues & Volume, By Retail, 2021 - 2031F |
6.3.3 Grenada Watch Market Revenues & Volume, By Sports, 2021 - 2031F |
6.3.4 Grenada Watch Market Revenues & Volume, By Tech Users, 2021 - 2031F |
6.3.5 Grenada Watch Market Revenues & Volume, By High-income Consumers, 2021 - 2031F |
6.3.6 Grenada Watch Market Revenues & Volume, By Professionals, 2021 - 2031F |
6.4 Grenada Watch Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Grenada Watch Market Revenues & Volume, By Fashion, 2021 - 2031F |
6.4.3 Grenada Watch Market Revenues & Volume, By Fitness Tracking, 2021 - 2031F |
6.4.4 Grenada Watch Market Revenues & Volume, By Wearable Technology, 2021 - 2031F |
6.4.5 Grenada Watch Market Revenues & Volume, By Status Symbol, 2021 - 2031F |
6.4.6 Grenada Watch Market Revenues & Volume, By Business Wear, 2021 - 2031F |
7 Grenada Watch Market Import-Export Trade Statistics |
7.1 Grenada Watch Market Export to Major Countries |
7.2 Grenada Watch Market Imports from Major Countries |
8 Grenada Watch Market Key Performance Indicators |
9 Grenada Watch Market - Opportunity Assessment |
9.1 Grenada Watch Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Watch Market Opportunity Assessment, By Material Used, 2021 & 2031F |
9.3 Grenada Watch Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Grenada Watch Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Watch Market - Competitive Landscape |
10.1 Grenada Watch Market Revenue Share, By Companies, 2024 |
10.2 Grenada Watch 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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