| Product Code: ETC6317042 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Barbados saw a significant increase in outdoor candle import shipments in 2024, with the top exporting countries being the USA, Dominican Republic, Trinidad and Tobago, Netherlands, and the UK. The market concentration remained high, indicating a competitive landscape. The compound annual growth rate from 2020 to 2024 was impressive at 11.06%, further bolstered by a growth rate of 15.24% from 2023 to 2024. This data suggests a growing demand for outdoor candles in Barbados, with potential opportunities for further expansion and market penetration in the coming years.

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 Barbados Outdoor Candle Market Overview |
3.1 Barbados Country Macro Economic Indicators |
3.2 Barbados Outdoor Candle Market Revenues & Volume, 2021 & 2031F |
3.3 Barbados Outdoor Candle Market - Industry Life Cycle |
3.4 Barbados Outdoor Candle Market - Porter's Five Forces |
3.5 Barbados Outdoor Candle Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Barbados Outdoor Candle Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Barbados Outdoor Candle Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Barbados Outdoor Candle Market Trends |
6 Barbados Outdoor Candle Market, By Types |
6.1 Barbados Outdoor Candle Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Barbados Outdoor Candle Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Barbados Outdoor Candle Market Revenues & Volume, By Paraffin Wax, 2021- 2031F |
6.1.4 Barbados Outdoor Candle Market Revenues & Volume, By Soy Wax, 2021- 2031F |
6.1.5 Barbados Outdoor Candle Market Revenues & Volume, By Bees Wax, 2021- 2031F |
6.1.6 Barbados Outdoor Candle Market Revenues & Volume, By Palm Wax, 2021- 2031F |
6.1.7 Barbados Outdoor Candle Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Barbados Outdoor Candle Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Barbados Outdoor Candle Market Revenues & Volume, By Online, 2021- 2031F |
6.2.3 Barbados Outdoor Candle Market Revenues & Volume, By Offline, 2021- 2031F |
7 Barbados Outdoor Candle Market Import-Export Trade Statistics |
7.1 Barbados Outdoor Candle Market Export to Major Countries |
7.2 Barbados Outdoor Candle Market Imports from Major Countries |
8 Barbados Outdoor Candle Market Key Performance Indicators |
9 Barbados Outdoor Candle Market - Opportunity Assessment |
9.1 Barbados Outdoor Candle Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Barbados Outdoor Candle Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Barbados Outdoor Candle Market - Competitive Landscape |
10.1 Barbados Outdoor Candle Market Revenue Share, By Companies, 2024 |
10.2 Barbados Outdoor Candle 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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