| Product Code: ETC7366281 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The import shipments of cargo bicycles to Grenada in 2024 continued to be dominated by key exporting countries such as the USA, China, Jamaica, Panama, and the UK. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, with a steady Compound Annual Growth Rate (CAGR) of 13.39% from 2020 to 2024. The impressive growth rate of 12.48% from 2023 to 2024 demonstrates a sustained interest in cargo bicycles in Grenada, showcasing a promising market for future expansion and 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 Cargo Bicycles Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Cargo Bicycles Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Cargo Bicycles Market - Industry Life Cycle |
3.4 Grenada Cargo Bicycles Market - Porter's Five Forces |
3.5 Grenada Cargo Bicycles Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Grenada Cargo Bicycles Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Grenada Cargo Bicycles Market Revenues & Volume Share, By Wheel Size, 2021 & 2031F |
3.8 Grenada Cargo Bicycles Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Cargo Bicycles Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about environmental sustainability and the benefits of using eco-friendly transportation solutions. |
4.2.2 Growing demand for last-mile delivery services due to the rise of e-commerce and online shopping. |
4.2.3 Government initiatives promoting cycling infrastructure and sustainable transportation options. |
4.3 Market Restraints |
4.3.1 High initial cost of purchasing cargo bicycles compared to traditional delivery vehicles. |
4.3.2 Limited carrying capacity and range of cargo bicycles, making them less suitable for long-distance deliveries. |
4.3.3 Lack of awareness and understanding among businesses about the advantages of using cargo bicycles for logistics. |
5 Grenada Cargo Bicycles Market Trends |
6 Grenada Cargo Bicycles Market, By Types |
6.1 Grenada Cargo Bicycles Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Grenada Cargo Bicycles Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Grenada Cargo Bicycles Market Revenues & Volume, By Two-Wheeled, 2021- 2031F |
6.1.4 Grenada Cargo Bicycles Market Revenues & Volume, By Three-Wheeled, 2021- 2031F |
6.1.5 Grenada Cargo Bicycles Market Revenues & Volume, By Four-Wheeled, 2021- 2031F |
6.2 Grenada Cargo Bicycles Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Cargo Bicycles Market Revenues & Volume, By Electric, 2021- 2031F |
6.2.3 Grenada Cargo Bicycles Market Revenues & Volume, By Non-Electric, 2021- 2031F |
6.3 Grenada Cargo Bicycles Market, By Wheel Size |
6.3.1 Overview and Analysis |
6.3.2 Grenada Cargo Bicycles Market Revenues & Volume, By Below 20", 2021- 2031F |
6.3.3 Grenada Cargo Bicycles Market Revenues & Volume, By 20"-24", 2021- 2031F |
6.3.4 Grenada Cargo Bicycles Market Revenues & Volume, By 25"-28", 2021- 2031F |
6.3.5 Grenada Cargo Bicycles Market Revenues & Volume, By Above 28", 2021- 2031F |
6.4 Grenada Cargo Bicycles Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Grenada Cargo Bicycles Market Revenues & Volume, By Personal, 2021- 2031F |
6.4.3 Grenada Cargo Bicycles Market Revenues & Volume, By Commercial, 2021- 2031F |
7 Grenada Cargo Bicycles Market Import-Export Trade Statistics |
7.1 Grenada Cargo Bicycles Market Export to Major Countries |
7.2 Grenada Cargo Bicycles Market Imports from Major Countries |
8 Grenada Cargo Bicycles Market Key Performance Indicators |
8.1 Average distance traveled per cargo bicycle per day. |
8.2 Percentage increase in the number of businesses adopting cargo bicycles for deliveries. |
8.3 Number of government-funded cycling infrastructure projects in Grenada. |
9 Grenada Cargo Bicycles Market - Opportunity Assessment |
9.1 Grenada Cargo Bicycles Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Grenada Cargo Bicycles Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Grenada Cargo Bicycles Market Opportunity Assessment, By Wheel Size, 2021 & 2031F |
9.4 Grenada Cargo Bicycles Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Cargo Bicycles Market - Competitive Landscape |
10.1 Grenada Cargo Bicycles Market Revenue Share, By Companies, 2024 |
10.2 Grenada Cargo Bicycles 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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