| Product Code: ETC10477606 | 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 wrist watch import market continued to showcase high concentration, with the top exporting countries being the USA, Areas, nes, Barbados, China, and Canada. Despite a modest Compound Annual Growth Rate (CAGR) of 2.03% from 2020 to 2024, the market experienced a significant decline in growth rate from 2023 to 2024 at -40.06%. This fluctuation suggests potential shifts in consumer preferences or economic factors influencing the demand for wrist watches in Grenada. Stakeholders should closely monitor these trends to adapt their strategies accordingly.
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 Wrist Watch Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Wrist Watch Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Wrist Watch Market - Industry Life Cycle |
3.4 Grenada Wrist Watch Market - Porter's Five Forces |
3.5 Grenada Wrist Watch Market Revenues & Volume Share, By Price Range, 2021 & 2031F |
3.6 Grenada Wrist Watch Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Grenada Wrist Watch Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Wrist Watch Market Trends |
6 Grenada Wrist Watch Market, By Types |
6.1 Grenada Wrist Watch Market, By Price Range |
6.1.1 Overview and Analysis |
6.1.2 Grenada Wrist Watch Market Revenues & Volume, By Price Range, 2021 - 2031F |
6.1.3 Grenada Wrist Watch Market Revenues & Volume, By Low Range, 2021 - 2031F |
6.1.4 Grenada Wrist Watch Market Revenues & Volume, By Mid Range, 2021 - 2031F |
6.1.5 Grenada Wrist Watch Market Revenues & Volume, By Luxury, 2021 - 2031F |
6.2 Grenada Wrist Watch Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Wrist Watch Market Revenues & Volume, By Quartz Watches, 2021 - 2031F |
6.2.3 Grenada Wrist Watch Market Revenues & Volume, By Digital Watches, 2021 - 2031F |
6.2.4 Grenada Wrist Watch Market Revenues & Volume, By Mechanical Watches, 2021 - 2031F |
7 Grenada Wrist Watch Market Import-Export Trade Statistics |
7.1 Grenada Wrist Watch Market Export to Major Countries |
7.2 Grenada Wrist Watch Market Imports from Major Countries |
8 Grenada Wrist Watch Market Key Performance Indicators |
9 Grenada Wrist Watch Market - Opportunity Assessment |
9.1 Grenada Wrist Watch Market Opportunity Assessment, By Price Range, 2021 & 2031F |
9.2 Grenada Wrist Watch Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Grenada Wrist Watch Market - Competitive Landscape |
10.1 Grenada Wrist Watch Market Revenue Share, By Companies, 2024 |
10.2 Grenada Wrist 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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