| Product Code: ETC7369937 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Grenada`s external analgesics import market in 2024 saw a shift in top exporting countries, with the USA, Barbados, UK, India, and Turkey leading the way. Despite a decrease in the concentration of market share from very high to high in 2024, the industry continued to face challenges with a negative Compound Annual Growth Rate (CAGR) of -4.04% from 2020 to 2024. The growth rate further declined by -17.03% from 2023 to 2024, indicating a continued struggle for the external analgesics import market 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 External Analgesics Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada External Analgesics Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada External Analgesics Market - Industry Life Cycle |
3.4 Grenada External Analgesics Market - Porter's Five Forces |
3.5 Grenada External Analgesics Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Grenada External Analgesics Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Grenada External Analgesics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the benefits of external analgesics in pain management |
4.2.2 Growing aging population leading to higher demand for pain relief products |
4.2.3 Rising prevalence of musculoskeletal disorders and sports injuries |
4.3 Market Restraints |
4.3.1 Stringent regulations and approval processes for external analgesics |
4.3.2 Availability of alternative pain relief treatments such as oral medications and physical therapy |
5 Grenada External Analgesics Market Trends |
6 Grenada External Analgesics Market, By Types |
6.1 Grenada External Analgesics Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Grenada External Analgesics Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Grenada External Analgesics Market Revenues & Volume, By Hot/Cold Products, 2021- 2031F |
6.1.4 Grenada External Analgesics Market Revenues & Volume, By Disposable, 2021- 2031F |
6.1.5 Grenada External Analgesics Market Revenues & Volume, By Non-Disposable, 2021- 2031F |
6.1.6 Grenada External Analgesics Market Revenues & Volume, By Kinesiology Tape, 2021- 2031F |
6.1.7 Grenada External Analgesics Market Revenues & Volume, By Heating Pads, 2021- 2031F |
6.1.8 Grenada External Analgesics Market Revenues & Volume, By TENS Devices, 2021- 2031F |
6.2 Grenada External Analgesics Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Grenada External Analgesics Market Revenues & Volume, By Retail/Brick & Mortar, 2021- 2031F |
6.2.3 Grenada External Analgesics Market Revenues & Volume, By E-Commerce, 2021- 2031F |
6.2.4 Grenada External Analgesics Market Revenues & Volume, By Others, 2021- 2031F |
7 Grenada External Analgesics Market Import-Export Trade Statistics |
7.1 Grenada External Analgesics Market Export to Major Countries |
7.2 Grenada External Analgesics Market Imports from Major Countries |
8 Grenada External Analgesics Market Key Performance Indicators |
8.1 Number of new product launches and innovations in the external analgesics market |
8.2 Growth in the distribution channels for external analgesics products |
8.3 Consumer satisfaction and repeat purchase rate for grenada external analgesics |
9 Grenada External Analgesics Market - Opportunity Assessment |
9.1 Grenada External Analgesics Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Grenada External Analgesics Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Grenada External Analgesics Market - Competitive Landscape |
10.1 Grenada External Analgesics Market Revenue Share, By Companies, 2024 |
10.2 Grenada External Analgesics 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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