| Product Code: ETC4938861 | 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 |
The import shipments of golf carts to Grenada in 2024 continued to show strong growth, with Japan, China, UK, USA, and South Korea emerging as the top exporting countries. The high concentration of the Herfindahl-Hirschman Index (HHI) in 2023 intensified in 2024, indicating a competitive market. The impressive compound annual growth rate (CAGR) of 75.97% from 2020 to 2024 highlights the increasing demand for golf carts in Grenada. Moreover, the remarkable growth rate of 277.13% in 2024 demonstrates a surge in imports, suggesting a thriving market for golf carts in the country.
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 Golf Carts Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Golf Carts Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Golf Carts Market - Industry Life Cycle |
3.4 Grenada Golf Carts Market - Porter's Five Forces |
3.5 Grenada Golf Carts Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Grenada Golf Carts Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Grenada Golf Carts Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Golf Carts Market Trends |
6 Grenada Golf Carts Market Segmentations |
6.1 Grenada Golf Carts Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Golf Carts Market Revenues & Volume, By Electric Golf Cart, 2021-2031F |
6.1.3 Grenada Golf Carts Market Revenues & Volume, By Gasoline Golf Cart, 2021-2031F |
6.1.4 Grenada Golf Carts Market Revenues & Volume, By Solar Golf Cart, 2021-2031F |
6.2 Grenada Golf Carts Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Grenada Golf Carts Market Revenues & Volume, By Golf Course, 2021-2031F |
6.2.3 Grenada Golf Carts Market Revenues & Volume, By Personal Services, 2021-2031F |
6.2.4 Grenada Golf Carts Market Revenues & Volume, By Commercial Services, 2021-2031F |
7 Grenada Golf Carts Market Import-Export Trade Statistics |
7.1 Grenada Golf Carts Market Export to Major Countries |
7.2 Grenada Golf Carts Market Imports from Major Countries |
8 Grenada Golf Carts Market Key Performance Indicators |
9 Grenada Golf Carts Market - Opportunity Assessment |
9.1 Grenada Golf Carts Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Grenada Golf Carts Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Grenada Golf Carts Market - Competitive Landscape |
10.1 Grenada Golf Carts Market Revenue Share, By Companies, 2024 |
10.2 Grenada Golf Carts 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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