| Product Code: ETC5869975 | 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 |
Grenada`s import of advanced tires saw significant growth in 2024, with top exporting countries including China, UK, Taiwan, USA, and Jamaica. The market exhibited a high concentration level, indicating limited competition among suppliers. The compound annual growth rate (CAGR) from 2020 to 2024 stood at an impressive 14.87%, with a notable growth rate of 23.48% in 2024 alone. These trends suggest a strong demand for advanced tires in Grenada, potentially driven by factors such as technological advancements and increasing vehicle ownership.
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 Advanced Tires Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Advanced Tires Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Advanced Tires Market - Industry Life Cycle |
3.4 Grenada Advanced Tires Market - Porter's Five Forces |
3.5 Grenada Advanced Tires Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Grenada Advanced Tires Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Grenada Advanced Tires Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for high-performance and fuel-efficient tires in Grenada |
4.2.2 Growing awareness about the benefits of advanced tires in terms of safety and longevity |
4.2.3 Technological advancements leading to the development of innovative tire materials and designs |
4.3 Market Restraints |
4.3.1 High initial cost of advanced tires may deter price-sensitive consumers |
4.3.2 Limited availability of advanced tire options in the Grenada market |
4.3.3 Lack of proper infrastructure for tire distribution and installation services |
5 Grenada Advanced Tires Market Trends |
6 Grenada Advanced Tires Market Segmentations |
6.1 Grenada Advanced Tires Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Grenada Advanced Tires Market Revenues & Volume, By TPMS, 2021-2031F |
6.1.3 Grenada Advanced Tires Market Revenues & Volume, By Chip-Embedded, 2021-2031F |
6.1.4 Grenada Advanced Tires Market Revenues & Volume, By Self-Inflating, 2021-2031F |
6.1.5 Grenada Advanced Tires Market Revenues & Volume, By All-in-one, 2021-2031F |
6.1.6 Grenada Advanced Tires Market Revenues & Volume, By Multi-Chamber, 2021-2031F |
6.2 Grenada Advanced Tires Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Advanced Tires Market Revenues & Volume, By Run-flat, 2021-2031F |
6.2.3 Grenada Advanced Tires Market Revenues & Volume, By Airless, 2021-2031F |
6.2.4 Grenada Advanced Tires Market Revenues & Volume, By Pneumatic, 2021-2031F |
7 Grenada Advanced Tires Market Import-Export Trade Statistics |
7.1 Grenada Advanced Tires Market Export to Major Countries |
7.2 Grenada Advanced Tires Market Imports from Major Countries |
8 Grenada Advanced Tires Market Key Performance Indicators |
8.1 Average age of tires on vehicles in Grenada |
8.2 Adoption rate of advanced tire technologies in the automotive industry |
8.3 Number of tire retailers offering advanced tire options in Grenada |
9 Grenada Advanced Tires Market - Opportunity Assessment |
9.1 Grenada Advanced Tires Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Grenada Advanced Tires Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Grenada Advanced Tires Market - Competitive Landscape |
10.1 Grenada Advanced Tires Market Revenue Share, By Companies, 2024 |
10.2 Grenada Advanced Tires 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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