| Product Code: ETC11310118 | 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 |
Grenada`s wax melt import market in 2024 saw consistent high concentration with top countries like Trinidad and Tobago, USA, UK, Areas, nes, and Canada dominating the shipments. Despite a slight decline in the Compound Annual Growth Rate (CAGR) from 2020-24 at -0.66%, the market experienced a notable decrease in growth rate from 2023-24 at -2.37%. This data suggests a stable yet slightly declining trend in import shipments of wax melts to Grenada, highlighting the importance of monitoring market dynamics and potential shifts in trade patterns.
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 Wax Melt Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Wax Melt Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Wax Melt Market - Industry Life Cycle |
3.4 Grenada Wax Melt Market - Porter's Five Forces |
3.5 Grenada Wax Melt Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Wax Melt Market Revenues & Volume Share, By Scent Type, 2021 & 2031F |
3.7 Grenada Wax Melt Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Grenada Wax Melt Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Wax Melt Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Wax Melt Market Trends |
6 Grenada Wax Melt Market, By Types |
6.1 Grenada Wax Melt Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Wax Melt Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Grenada Wax Melt Market Revenues & Volume, By Soy Wax Melt, 2021 - 2031F |
6.1.4 Grenada Wax Melt Market Revenues & Volume, By Beeswax Melt, 2021 - 2031F |
6.1.5 Grenada Wax Melt Market Revenues & Volume, By Paraffin Wax Melt, 2021 - 2031F |
6.1.6 Grenada Wax Melt Market Revenues & Volume, By Coconut Wax Melt, 2021 - 2031F |
6.1.7 Grenada Wax Melt Market Revenues & Volume, By Blended Wax Melt, 2021 - 2031F |
6.2 Grenada Wax Melt Market, By Scent Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Wax Melt Market Revenues & Volume, By Floral, Fruity, 2021 - 2031F |
6.2.3 Grenada Wax Melt Market Revenues & Volume, By Natural Oils, 2021 - 2031F |
6.2.4 Grenada Wax Melt Market Revenues & Volume, By Artificial Scents, 2021 - 2031F |
6.2.5 Grenada Wax Melt Market Revenues & Volume, By Eco-Friendly, 2021 - 2031F |
6.2.6 Grenada Wax Melt Market Revenues & Volume, By Custom Formulations, 2021 - 2031F |
6.3 Grenada Wax Melt Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Grenada Wax Melt Market Revenues & Volume, By Households, 2021 - 2031F |
6.3.3 Grenada Wax Melt Market Revenues & Volume, By Retail Stores, 2021 - 2031F |
6.3.4 Grenada Wax Melt Market Revenues & Volume, By Hospitality Industry, 2021 - 2031F |
6.3.5 Grenada Wax Melt Market Revenues & Volume, By Wellness Centers, 2021 - 2031F |
6.3.6 Grenada Wax Melt Market Revenues & Volume, By Scented Candle Manufacturers, 2021 - 2031F |
6.4 Grenada Wax Melt Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Grenada Wax Melt Market Revenues & Volume, By Home Fragrance, 2021 - 2031F |
6.4.3 Grenada Wax Melt Market Revenues & Volume, By Gifting & Aromatherapy, 2021 - 2031F |
6.4.4 Grenada Wax Melt Market Revenues & Volume, By Hotel & Spa Ambience, 2021 - 2031F |
6.4.5 Grenada Wax Melt Market Revenues & Volume, By Meditation & Relaxation, 2021 - 2031F |
6.4.6 Grenada Wax Melt Market Revenues & Volume, By Luxury Fragrances, 2021 - 2031F |
7 Grenada Wax Melt Market Import-Export Trade Statistics |
7.1 Grenada Wax Melt Market Export to Major Countries |
7.2 Grenada Wax Melt Market Imports from Major Countries |
8 Grenada Wax Melt Market Key Performance Indicators |
9 Grenada Wax Melt Market - Opportunity Assessment |
9.1 Grenada Wax Melt Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Wax Melt Market Opportunity Assessment, By Scent Type, 2021 & 2031F |
9.3 Grenada Wax Melt Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Grenada Wax Melt Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Wax Melt Market - Competitive Landscape |
10.1 Grenada Wax Melt Market Revenue Share, By Companies, 2024 |
10.2 Grenada Wax Melt 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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