| Product Code: ETC5033158 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Grenada`s fishing lure import market in 2024 saw continued dominance from top exporting countries such as South Korea, USA, China, Areas, nes, and Panama. Despite a concerning decline in growth rate from 2023 to 2024, the market maintained a high level of concentration, indicating strong competition among key players. With a notable compound annual growth rate (CAGR) of 9.57% from 2020 to 2024, the fishing lure import sector in Grenada appears to have promising long-term potential for both local consumers and international suppliers.
By 2027, Grenada's Fishing Lure market is forecasted to achieve a stable growth rate of 0.11%, with United States of America leading the North America region, followed by Canada, Trinidad and Tobago, Jamaica and Bahamas.

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 Fishing Lure Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Fishing Lure Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Fishing Lure Market - Industry Life Cycle |
3.4 Grenada Fishing Lure Market - Porter's Five Forces |
3.5 Grenada Fishing Lure Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Fishing Lure Market Revenues & Volume Share, By Fishing Type, 2021 & 2031F |
3.7 Grenada Fishing Lure Market Revenues & Volume Share, By Length, 2021 & 2031F |
3.8 Grenada Fishing Lure Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Grenada Fishing Lure Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Fishing Lure Market Trends |
6 Grenada Fishing Lure Market Segmentations |
6.1 Grenada Fishing Lure Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Fishing Lure Market Revenues & Volume, By Jigs, 2021-2031F |
6.1.3 Grenada Fishing Lure Market Revenues & Volume, By Combined Lures, 2021-2031F |
6.1.4 Grenada Fishing Lure Market Revenues & Volume, By Spoons, 2021-2031F |
6.1.5 Grenada Fishing Lure Market Revenues & Volume, By Soft Plastic Baits, 2021-2031F |
6.1.6 Grenada Fishing Lure Market Revenues & Volume, By Flies, 2021-2031F |
6.1.7 Grenada Fishing Lure Market Revenues & Volume, By Spinnerbaits, 2021-2031F |
6.2 Grenada Fishing Lure Market, By Fishing Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Fishing Lure Market Revenues & Volume, By Freshwater Fishing, 2021-2031F |
6.2.3 Grenada Fishing Lure Market Revenues & Volume, By Saltwater Fishing, 2021-2031F |
6.2.4 Grenada Fishing Lure Market Revenues & Volume, By Great Lake Fishing, 2021-2031F |
6.3 Grenada Fishing Lure Market, By Length |
6.3.1 Overview and Analysis |
6.3.2 Grenada Fishing Lure Market Revenues & Volume, By Less than 4 Inches, 2021-2031F |
6.3.3 Grenada Fishing Lure Market Revenues & Volume, By 4 Inches, 2021-2031F |
6.3.4 Grenada Fishing Lure Market Revenues & Volume, By 5 Inches, 2021-2031F |
6.3.5 Grenada Fishing Lure Market Revenues & Volume, By More than 5 Inches, 2021-2031F |
6.4 Grenada Fishing Lure Market, By Sales Channel |
6.4.1 Overview and Analysis |
6.4.2 Grenada Fishing Lure Market Revenues & Volume, By Sports Outlets, 2021-2031F |
6.4.3 Grenada Fishing Lure Market Revenues & Volume, By Modern Trade Channels, 2021-2031F |
6.4.4 Grenada Fishing Lure Market Revenues & Volume, By Fishing Supply Stores, 2021-2031F |
6.4.5 Grenada Fishing Lure Market Revenues & Volume, By Online Retail, 2021-2031F |
6.4.6 Grenada Fishing Lure Market Revenues & Volume, By Other Channels, 2021-2031F |
7 Grenada Fishing Lure Market Import-Export Trade Statistics |
7.1 Grenada Fishing Lure Market Export to Major Countries |
7.2 Grenada Fishing Lure Market Imports from Major Countries |
8 Grenada Fishing Lure Market Key Performance Indicators |
9 Grenada Fishing Lure Market - Opportunity Assessment |
9.1 Grenada Fishing Lure Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Fishing Lure Market Opportunity Assessment, By Fishing Type, 2021 & 2031F |
9.3 Grenada Fishing Lure Market Opportunity Assessment, By Length, 2021 & 2031F |
9.4 Grenada Fishing Lure Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 Grenada Fishing Lure Market - Competitive Landscape |
10.1 Grenada Fishing Lure Market Revenue Share, By Companies, 2024 |
10.2 Grenada Fishing Lure 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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