| Product Code: ETC10218214 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
Grenada`s ATV/UTV tire import market is showing significant growth, with a high concentration of shipments from top exporters such as China, UK, Taiwan, USA, and Jamaica. The Herfindahl-Hirschman Index (HHI) indicates a substantial increase in market concentration from 2023 to 2024. The impressive Compound Annual Growth Rate (CAGR) of 18.74% from 2020 to 2024 highlights a thriving market, further emphasized by a remarkable growth rate of 38.02% from 2023 to 2024. This data suggests a robust demand for ATV/UTV tires in Grenada, attracting a diverse range of suppliers to meet the market needs.
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 ATV UTV Tire Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada ATV UTV Tire Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada ATV UTV Tire Market - Industry Life Cycle |
3.4 Grenada ATV UTV Tire Market - Porter's Five Forces |
3.5 Grenada ATV UTV Tire Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Grenada ATV UTV Tire Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.7 Grenada ATV UTV Tire Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Grenada ATV UTV Tire Market Revenues & Volume Share, By Material, 2021 & 2031F |
4 Grenada ATV UTV Tire Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing popularity of recreational activities and off-road adventures in Grenada |
4.2.2 Growth in the tourism industry leading to higher demand for ATV/UTV tires |
4.2.3 Government initiatives promoting outdoor activities and adventure tourism |
4.3 Market Restraints |
4.3.1 High import duties and taxes on ATV/UTV tires impacting affordability |
4.3.2 Limited availability of specialized ATV/UTV tire retailers in Grenada |
4.3.3 Seasonal demand fluctuations due to weather conditions and tourist arrivals |
5 Grenada ATV UTV Tire Market Trends |
6 Grenada ATV UTV Tire Market, By Types |
6.1 Grenada ATV UTV Tire Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada ATV UTV Tire Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Grenada ATV UTV Tire Market Revenues & Volume, By Tires, 2021 - 2031F |
6.1.4 Grenada ATV UTV Tire Market Revenues & Volume, By Rims, 2021 - 2031F |
6.1.5 Grenada ATV UTV Tire Market Revenues & Volume, By Tubeless Tires, 2021 - 2031F |
6.2 Grenada ATV UTV Tire Market, By End User |
6.2.1 Overview and Analysis |
6.2.2 Grenada ATV UTV Tire Market Revenues & Volume, By Outdoor Sports, 2021 - 2031F |
6.2.3 Grenada ATV UTV Tire Market Revenues & Volume, By Motorcycles, 2021 - 2031F |
6.2.4 Grenada ATV UTV Tire Market Revenues & Volume, By Racing, 2021 - 2031F |
6.3 Grenada ATV UTV Tire Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada ATV UTV Tire Market Revenues & Volume, By All-terrain Vehicles, 2021 - 2031F |
6.3.3 Grenada ATV UTV Tire Market Revenues & Volume, By Utility Terrain Vehicles, 2021 - 2031F |
6.3.4 Grenada ATV UTV Tire Market Revenues & Volume, By Off-road, 2021 - 2031F |
6.4 Grenada ATV UTV Tire Market, By Material |
6.4.1 Overview and Analysis |
6.4.2 Grenada ATV UTV Tire Market Revenues & Volume, By Rubber, 2021 - 2031F |
6.4.3 Grenada ATV UTV Tire Market Revenues & Volume, By Reinforced, 2021 - 2031F |
6.4.4 Grenada ATV UTV Tire Market Revenues & Volume, By Cross-ply, 2021 - 2031F |
7 Grenada ATV UTV Tire Market Import-Export Trade Statistics |
7.1 Grenada ATV UTV Tire Market Export to Major Countries |
7.2 Grenada ATV UTV Tire Market Imports from Major Countries |
8 Grenada ATV UTV Tire Market Key Performance Indicators |
8.1 Average utilization rate of ATV/UTV tires in rental fleets |
8.2 Number of ATV/UTV events and competitions organized in Grenada |
8.3 Percentage of hotels/resorts offering ATV/UTV tours and rentals |
8.4 Frequency of maintenance and replacement of ATV/UTV tires in Grenada |
9 Grenada ATV UTV Tire Market - Opportunity Assessment |
9.1 Grenada ATV UTV Tire Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Grenada ATV UTV Tire Market Opportunity Assessment, By End User, 2021 & 2031F |
9.3 Grenada ATV UTV Tire Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Grenada ATV UTV Tire Market Opportunity Assessment, By Material, 2021 & 2031F |
10 Grenada ATV UTV Tire Market - Competitive Landscape |
10.1 Grenada ATV UTV Tire Market Revenue Share, By Companies, 2024 |
10.2 Grenada ATV UTV Tire 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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