| Product Code: ETC7380246 | 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 |
The market for Grenada scented candles import shipments in 2024 continued to be dominated by key exporters such as Trinidad and Tobago, USA, UK, China, and Netherlands. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market landscape. With a strong compound annual growth rate (CAGR) of 7.69% from 2020 to 2024 and a notable growth rate of 13.49% from 2023 to 2024, the demand for Grenada scented candles is showing promising expansion and potential for further market development.
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 Scented Candles Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Scented Candles Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Scented Candles Market - Industry Life Cycle |
3.4 Grenada Scented Candles Market - Porter's Five Forces |
3.5 Grenada Scented Candles Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Grenada Scented Candles Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Grenada Scented Candles Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer preference for natural and organic products |
4.2.2 Growing popularity of aromatherapy and relaxation practices |
4.2.3 Rising awareness about the benefits of using scented candles for ambiance and mood enhancement |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials such as essential oils and waxes |
4.3.2 Intense competition from other home fragrance products |
4.3.3 Regulatory challenges related to labeling and safety standards |
5 Grenada Scented Candles Market Trends |
6 Grenada Scented Candles Market, By Types |
6.1 Grenada Scented Candles Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Grenada Scented Candles Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Grenada Scented Candles Market Revenues & Volume, By Container-based, 2021- 2031F |
6.1.4 Grenada Scented Candles Market Revenues & Volume, By Pillars, 2021- 2031F |
6.2 Grenada Scented Candles Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Grenada Scented Candles Market Revenues & Volume, By Hypermarkets, 2021- 2031F |
6.2.3 Grenada Scented Candles Market Revenues & Volume, By Supermarkets, 2021- 2031F |
6.2.4 Grenada Scented Candles Market Revenues & Volume, By Convenience Stores, 2021- 2031F |
6.2.5 Grenada Scented Candles Market Revenues & Volume, By Gift Centres, 2021- 2031F |
6.2.6 Grenada Scented Candles Market Revenues & Volume, By Online, 2021- 2031F |
7 Grenada Scented Candles Market Import-Export Trade Statistics |
7.1 Grenada Scented Candles Market Export to Major Countries |
7.2 Grenada Scented Candles Market Imports from Major Countries |
8 Grenada Scented Candles Market Key Performance Indicators |
8.1 Customer satisfaction scores from reviews and feedback |
8.2 Rate of new product development and innovation in scents and designs |
8.3 Number of partnerships with spas, wellness centers, and boutique stores for distribution |
8.4 Percentage of repeat customers and customer retention rates |
8.5 Social media engagement metrics such as likes, shares, and comments on posts related to the brand and products |
9 Grenada Scented Candles Market - Opportunity Assessment |
9.1 Grenada Scented Candles Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Grenada Scented Candles Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Grenada Scented Candles Market - Competitive Landscape |
10.1 Grenada Scented Candles Market Revenue Share, By Companies, 2024 |
10.2 Grenada Scented Candles 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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