| Product Code: ETC7373994 | 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 continues to attract luxury cosmetics imports primarily from the USA, Trinidad and Tobago, UK, China, and Panama in 2024. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive Compound Annual Growth Rate (CAGR) of 20.15% from 2020 to 2024 demonstrates sustained growth. The notable growth rate of 28.47% in 2024 further underscores the market`s momentum. Grenada`s affinity for luxury cosmetics imports is evident, presenting opportunities for further market expansion and strategic partnerships in the beauty industry.
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 Luxury Cosmetics Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Luxury Cosmetics Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Luxury Cosmetics Market - Industry Life Cycle |
3.4 Grenada Luxury Cosmetics Market - Porter's Five Forces |
3.5 Grenada Luxury Cosmetics Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Luxury Cosmetics Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Grenada Luxury Cosmetics Market Revenues & Volume Share, By End user, 2021 & 2031F |
3.8 Grenada Luxury Cosmetics Market Revenues & Volume Share, By Distribution channel, 2021 & 2031F |
4 Grenada Luxury Cosmetics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing disposable income in Grenada leading to increased spending on luxury cosmetics |
4.2.2 Rising awareness about skincare and beauty products among consumers in Grenada |
4.2.3 Increasing demand for natural and organic luxury cosmetics in the market |
4.3 Market Restraints |
4.3.1 High import duties and taxes on luxury cosmetics impacting affordability for consumers |
4.3.2 Limited distribution channels for luxury cosmetics in Grenada |
4.3.3 Competition from established international luxury cosmetics brands |
5 Grenada Luxury Cosmetics Market Trends |
6 Grenada Luxury Cosmetics Market, By Types |
6.1 Grenada Luxury Cosmetics Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Luxury Cosmetics Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Luxury Cosmetics Market Revenues & Volume, By Organic, 2021- 2031F |
6.1.4 Grenada Luxury Cosmetics Market Revenues & Volume, By Convectional Products, 2021- 2031F |
6.2 Grenada Luxury Cosmetics Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Luxury Cosmetics Market Revenues & Volume, By Skincare, 2021- 2031F |
6.2.3 Grenada Luxury Cosmetics Market Revenues & Volume, By Haircare, 2021- 2031F |
6.2.4 Grenada Luxury Cosmetics Market Revenues & Volume, By Makeup, 2021- 2031F |
6.2.5 Grenada Luxury Cosmetics Market Revenues & Volume, By Fragrance, 2021- 2031F |
6.3 Grenada Luxury Cosmetics Market, By End user |
6.3.1 Overview and Analysis |
6.3.2 Grenada Luxury Cosmetics Market Revenues & Volume, By Male, 2021- 2031F |
6.3.3 Grenada Luxury Cosmetics Market Revenues & Volume, By Female, 2021- 2031F |
6.4 Grenada Luxury Cosmetics Market, By Distribution channel |
6.4.1 Overview and Analysis |
6.4.2 Grenada Luxury Cosmetics Market Revenues & Volume, By Hypermarkets, 2021- 2031F |
6.4.3 Grenada Luxury Cosmetics Market Revenues & Volume, By Online Channels, 2021- 2031F |
6.4.4 Grenada Luxury Cosmetics Market Revenues & Volume, By Specialty Stores, 2021- 2031F |
6.4.5 Grenada Luxury Cosmetics Market Revenues & Volume, By Monobrands tores, 2021- 2031F |
6.4.6 Grenada Luxury Cosmetics Market Revenues & Volume, By E-commerce, 2021- 2031F |
7 Grenada Luxury Cosmetics Market Import-Export Trade Statistics |
7.1 Grenada Luxury Cosmetics Market Export to Major Countries |
7.2 Grenada Luxury Cosmetics Market Imports from Major Countries |
8 Grenada Luxury Cosmetics Market Key Performance Indicators |
8.1 Average spending per customer on luxury cosmetics in Grenada |
8.2 Number of new luxury cosmetics brands entering the Grenada market |
8.3 Consumer satisfaction and loyalty towards locally available luxury cosmetics |
9 Grenada Luxury Cosmetics Market - Opportunity Assessment |
9.1 Grenada Luxury Cosmetics Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Luxury Cosmetics Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.3 Grenada Luxury Cosmetics Market Opportunity Assessment, By End user, 2021 & 2031F |
9.4 Grenada Luxury Cosmetics Market Opportunity Assessment, By Distribution channel, 2021 & 2031F |
10 Grenada Luxury Cosmetics Market - Competitive Landscape |
10.1 Grenada Luxury Cosmetics Market Revenue Share, By Companies, 2024 |
10.2 Grenada Luxury Cosmetics 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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