| Product Code: ETC5853749 | 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 diving equipment import market continues to thrive, with the USA, Puerto Rico, New Caledonia, Areas, nes, and Curaçao leading the way in 2024. Despite a high Herfindahl-Hirschman Index (HHI) indicating market concentration, the industry shows robust growth, with a remarkable Compound Annual Growth Rate (CAGR) of 40.63% from 2020 to 2024. The growth momentum is sustained with a notable 11.35% increase in the growth rate from 2023 to 2024. The influx of quality diving equipment from these top exporting countries signals a promising outlook for Grenada`s diving enthusiasts and industry stakeholders.
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 Diving Equipment Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Diving Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Diving Equipment Market - Industry Life Cycle |
3.4 Grenada Diving Equipment Market - Porter's Five Forces |
3.5 Grenada Diving Equipment Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Diving Equipment Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Diving Equipment Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Grenada Diving Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing popularity of recreational diving in Grenada |
4.2.2 Growing awareness about marine conservation efforts |
4.2.3 Government initiatives to promote tourism and water sports in Grenada |
4.3 Market Restraints |
4.3.1 High initial cost of diving equipment |
4.3.2 Limited availability of skilled diving instructors in Grenada |
4.3.3 Environmental concerns related to the impact of diving activities on marine ecosystems |
5 Grenada Diving Equipment Market Trends |
6 Grenada Diving Equipment Market Segmentations |
6.1 Grenada Diving Equipment Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Diving Equipment Market Revenues & Volume, By Rebreather, 2021-2031F |
6.1.3 Grenada Diving Equipment Market Revenues & Volume, By Exposure Suit, 2021-2031F |
6.1.4 Grenada Diving Equipment Market Revenues & Volume, By Decompression Chamber, 2021-2031F |
6.2 Grenada Diving Equipment Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Diving Equipment Market Revenues & Volume, By Commercial, 2021-2031F |
6.2.3 Grenada Diving Equipment Market Revenues & Volume, By Defense, 2021-2031F |
6.2.4 Grenada Diving Equipment Market Revenues & Volume, By Civil, 2021-2031F |
6.3 Grenada Diving Equipment Market, By End-User |
6.3.1 Overview and Analysis |
6.3.2 Grenada Diving Equipment Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.3.3 Grenada Diving Equipment Market Revenues & Volume, By Naval, 2021-2031F |
6.3.4 Grenada Diving Equipment Market Revenues & Volume, By Aquaculture, 2021-2031F |
7 Grenada Diving Equipment Market Import-Export Trade Statistics |
7.1 Grenada Diving Equipment Market Export to Major Countries |
7.2 Grenada Diving Equipment Market Imports from Major Countries |
8 Grenada Diving Equipment Market Key Performance Indicators |
8.1 Number of diving certifications issued annually in Grenada |
8.2 Average number of tourists participating in diving activities in Grenada per year |
8.3 Percentage of diving operators in Grenada offering eco-friendly diving practices |
8.4 Frequency of government-sponsored diving events or promotions in Grenada |
9 Grenada Diving Equipment Market - Opportunity Assessment |
9.1 Grenada Diving Equipment Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Diving Equipment Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Diving Equipment Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Grenada Diving Equipment Market - Competitive Landscape |
10.1 Grenada Diving Equipment Market Revenue Share, By Companies, 2024 |
10.2 Grenada Diving Equipment 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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