| Product Code: ETC7366856 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Grenada`s cigarette import market in 2024 saw prominent shipments from Trinidad and Tobago, Switzerland, USA, Panama, and India. Despite a high Herfindahl-Hirschman Index (HHI) indicating market concentration, the industry experienced a significant decline with a negative Compound Annual Growth Rate (CAGR) of -10.8% from 2020 to 2024. The year-on-year growth rate further plummeted by -20.71% from 2023 to 2024, reflecting a challenging landscape for cigarette imports in Grenada. Monitoring these trends will be crucial for stakeholders navigating this competitive and evolving market.
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 Cigarettes Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Cigarettes Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Cigarettes Market - Industry Life Cycle |
3.4 Grenada Cigarettes Market - Porter's Five Forces |
3.5 Grenada Cigarettes Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Cigarettes Market Revenues & Volume Share, By Format, 2021 & 2031F |
3.7 Grenada Cigarettes Market Revenues & Volume Share, By Pack Type, 2021 & 2031F |
3.8 Grenada Cigarettes Market Revenues & Volume Share, By Price, 2021 & 2031F |
3.9 Grenada Cigarettes Market Revenues & Volume Share, By Age Group, 2021 & 2031F |
3.10 Grenada Cigarettes Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.11 Grenada Cigarettes Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Grenada Cigarettes Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing population of young adults who are the key consumers of cigarettes |
4.2.2 Growing disposable income in the region leading to higher spending on tobacco products |
4.2.3 Rising popularity of smoking culture and social acceptance of smoking in certain demographic groups |
4.3 Market Restraints |
4.3.1 Stringent government regulations and anti-smoking campaigns impacting sales and marketing of cigarettes |
4.3.2 Health concerns and awareness leading to a decline in smoking prevalence |
4.3.3 Increasing taxation on tobacco products making cigarettes more expensive for consumers |
5 Grenada Cigarettes Market Trends |
6 Grenada Cigarettes Market, By Types |
6.1 Grenada Cigarettes Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Cigarettes Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Cigarettes Market Revenues & Volume, By Regular Cigarettes, 2021- 2031F |
6.1.4 Grenada Cigarettes Market Revenues & Volume, By Clove Cigarettes, 2021- 2031F |
6.1.5 Grenada Cigarettes Market Revenues & Volume, By Hand-Rolled Cigarettes, 2021- 2031F |
6.1.6 Grenada Cigarettes Market Revenues & Volume, By E-Cigarettes, 2021- 2031F |
6.1.7 Grenada Cigarettes Market Revenues & Volume, By Flavoured Cigarettes, 2021- 2031F |
6.1.8 Grenada Cigarettes Market Revenues & Volume, By Menthol Cigarettes, 2021- 2031F |
6.1.9 Grenada Cigarettes Market Revenues & Volume, By Others, 2021- 2031F |
6.1.10 Grenada Cigarettes Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Grenada Cigarettes Market, By Format |
6.2.1 Overview and Analysis |
6.2.2 Grenada Cigarettes Market Revenues & Volume, By Regular, 2021- 2031F |
6.2.3 Grenada Cigarettes Market Revenues & Volume, By Super Slim, 2021- 2031F |
6.2.4 Grenada Cigarettes Market Revenues & Volume, By Slim, 2021- 2031F |
6.2.5 Grenada Cigarettes Market Revenues & Volume, By King Size, 2021- 2031F |
6.2.6 Grenada Cigarettes Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Grenada Cigarettes Market, By Pack Type |
6.3.1 Overview and Analysis |
6.3.2 Grenada Cigarettes Market Revenues & Volume, By Boxes, 2021- 2031F |
6.3.3 Grenada Cigarettes Market Revenues & Volume, By Metal Cases, 2021- 2031F |
6.3.4 Grenada Cigarettes Market Revenues & Volume, By Others, 2021- 2031F |
6.4 Grenada Cigarettes Market, By Price |
6.4.1 Overview and Analysis |
6.4.2 Grenada Cigarettes Market Revenues & Volume, By Economy, 2021- 2031F |
6.4.3 Grenada Cigarettes Market Revenues & Volume, By Premium, 2021- 2031F |
6.5 Grenada Cigarettes Market, By Age Group |
6.5.1 Overview and Analysis |
6.5.2 Grenada Cigarettes Market Revenues & Volume, By 18-30 Age Group, 2021- 2031F |
6.5.3 Grenada Cigarettes Market Revenues & Volume, By 31-44 Age Group, 2021- 2031F |
6.5.4 Grenada Cigarettes Market Revenues & Volume, By 45-60 Age Group, 2021- 2031F |
6.5.5 Grenada Cigarettes Market Revenues & Volume, By 61 And Above Age Group, 2021- 2031F |
6.6 Grenada Cigarettes Market, By Distribution Channel |
6.6.1 Overview and Analysis |
6.6.2 Grenada Cigarettes Market Revenues & Volume, By Tobacconist Store, 2021- 2031F |
6.6.3 Grenada Cigarettes Market Revenues & Volume, By Newsstand, 2021- 2031F |
6.6.4 Grenada Cigarettes Market Revenues & Volume, By Retail Stores, 2021- 2031F |
6.6.5 Grenada Cigarettes Market Revenues & Volume, By Convenience Store, 2021- 2031F |
6.6.6 Grenada Cigarettes Market Revenues & Volume, By Drug Store, 2021- 2031F |
6.6.7 Grenada Cigarettes Market Revenues & Volume, By Specialty E-Cigarette Store, 2021- 2031F |
6.7 Grenada Cigarettes Market, By End-User |
6.7.1 Overview and Analysis |
6.7.2 Grenada Cigarettes Market Revenues & Volume, By Men, 2021- 2031F |
6.7.3 Grenada Cigarettes Market Revenues & Volume, By Women, 2021- 2031F |
7 Grenada Cigarettes Market Import-Export Trade Statistics |
7.1 Grenada Cigarettes Market Export to Major Countries |
7.2 Grenada Cigarettes Market Imports from Major Countries |
8 Grenada Cigarettes Market Key Performance Indicators |
8.1 Average number of cigarettes smoked per adult in Grenada |
8.2 Percentage of young adults in the population who smoke cigarettes |
8.3 Trends in marketing expenditure on cigarettes by major tobacco companies in Grenada |
9 Grenada Cigarettes Market - Opportunity Assessment |
9.1 Grenada Cigarettes Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Cigarettes Market Opportunity Assessment, By Format, 2021 & 2031F |
9.3 Grenada Cigarettes Market Opportunity Assessment, By Pack Type, 2021 & 2031F |
9.4 Grenada Cigarettes Market Opportunity Assessment, By Price, 2021 & 2031F |
9.5 Grenada Cigarettes Market Opportunity Assessment, By Age Group, 2021 & 2031F |
9.6 Grenada Cigarettes Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.7 Grenada Cigarettes Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Grenada Cigarettes Market - Competitive Landscape |
10.1 Grenada Cigarettes Market Revenue Share, By Companies, 2024 |
10.2 Grenada Cigarettes 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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