| Product Code: ETC5258327 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Grenada saw a steady increase in clothes hanger imports, with key exporters being the USA, Trinidad and Tobago, Panama, UK, and China. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The impressive compound annual growth rate (CAGR) of 18.71% from 2020 to 2024 highlights the growing demand for clothes hangers in Grenada. Additionally, the 1.13% growth rate from 2023 to 2024 suggests a consistent upward trend in the market. This data signifies a strong and stable market for clothes hanger imports in Grenada.
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 Clothes Hanger Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Clothes Hanger Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Clothes Hanger Market - Industry Life Cycle |
3.4 Grenada Clothes Hanger Market - Porter's Five Forces |
3.5 Grenada Clothes Hanger Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Clothes Hanger Market Revenues & Volume Share, By Applicationsis, 2021 & 2031F |
4 Grenada Clothes Hanger Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for organized and efficient storage solutions |
4.2.2 Growing awareness about the importance of sustainable and eco-friendly products |
4.2.3 Rising disposable income leading to higher spending on home organization products |
4.3 Market Restraints |
4.3.1 Competition from low-cost alternatives such as plastic hangers |
4.3.2 Fluctuating raw material prices impacting production costs |
5 Grenada Clothes Hanger Market Trends |
6 Grenada Clothes Hanger Market Segmentations |
6.1 Grenada Clothes Hanger Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Clothes Hanger Market Revenues & Volume, By Wire hanger, 2021-2031F |
6.1.3 Grenada Clothes Hanger Market Revenues & Volume, By Wooden hanger, 2021-2031F |
6.1.4 Grenada Clothes Hanger Market Revenues & Volume, By Plastic hanger, 2021-2031F |
6.2 Grenada Clothes Hanger Market, By Applicationsis |
6.2.1 Overview and Analysis |
6.2.2 Grenada Clothes Hanger Market Revenues & Volume, By Household, 2021-2031F |
6.2.3 Grenada Clothes Hanger Market Revenues & Volume, By Commercial, 2021-2031F |
7 Grenada Clothes Hanger Market Import-Export Trade Statistics |
7.1 Grenada Clothes Hanger Market Export to Major Countries |
7.2 Grenada Clothes Hanger Market Imports from Major Countries |
8 Grenada Clothes Hanger Market Key Performance Indicators |
8.1 Customer satisfaction level with grenada clothes hangers |
8.2 Percentage of revenue from new product innovations in the clothes hanger market |
8.3 Rate of adoption of grenada clothes hangers by retailers and consumers |
9 Grenada Clothes Hanger Market - Opportunity Assessment |
9.1 Grenada Clothes Hanger Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Clothes Hanger Market Opportunity Assessment, By Applicationsis, 2021 & 2031F |
10 Grenada Clothes Hanger Market - Competitive Landscape |
10.1 Grenada Clothes Hanger Market Revenue Share, By Companies, 2024 |
10.2 Grenada Clothes Hanger 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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