| Product Code: ETC12781030 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The high-end bicycle import market in Grenada continues to thrive, with key shipments coming from top exporting countries such as the USA, China, Jamaica, Panama, and the UK in 2024. The market shows high concentration, as indicated by the Herfindahl-Hirschman Index (HHI). With a strong compound annual growth rate (CAGR) of 13.39% from 2020 to 2024 and a notable growth rate of 12.48% from 2023 to 2024, the future looks promising for the high-end bicycle import sector in Grenada.
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 High End Bicycle Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada High End Bicycle Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada High End Bicycle Market - Industry Life Cycle |
3.4 Grenada High End Bicycle Market - Porter's Five Forces |
3.5 Grenada High End Bicycle Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada High End Bicycle Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Grenada High End Bicycle Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Grenada High End Bicycle Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing health and wellness awareness among consumers |
4.2.2 Growing popularity of eco-friendly transportation options |
4.2.3 Rise in disposable income and consumer spending on luxury goods |
4.3 Market Restraints |
4.3.1 High import tariffs on luxury goods and bicycles |
4.3.2 Limited infrastructure for cycling in Grenada |
4.3.3 Seasonal demand fluctuations due to weather conditions |
5 Grenada High End Bicycle Market Trends |
6 Grenada High End Bicycle Market, By Types |
6.1 Grenada High End Bicycle Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada High End Bicycle Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Grenada High End Bicycle Market Revenues & Volume, By Road Bikes, 2021 - 2031F |
6.1.4 Grenada High End Bicycle Market Revenues & Volume, By Mountain Bikes, 2021 - 2031F |
6.1.5 Grenada High End Bicycle Market Revenues & Volume, By Hybrid Bikes, 2021 - 2031F |
6.2 Grenada High End Bicycle Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Grenada High End Bicycle Market Revenues & Volume, By Carbon Fiber, 2021 - 2031F |
6.2.3 Grenada High End Bicycle Market Revenues & Volume, By Aluminum, 2021 - 2031F |
6.2.4 Grenada High End Bicycle Market Revenues & Volume, By Titanium, 2021 - 2031F |
6.3 Grenada High End Bicycle Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Grenada High End Bicycle Market Revenues & Volume, By Online, 2021 - 2031F |
6.3.3 Grenada High End Bicycle Market Revenues & Volume, By Offline, 2021 - 2031F |
7 Grenada High End Bicycle Market Import-Export Trade Statistics |
7.1 Grenada High End Bicycle Market Export to Major Countries |
7.2 Grenada High End Bicycle Market Imports from Major Countries |
8 Grenada High End Bicycle Market Key Performance Indicators |
8.1 Average selling price of high-end bicycles in Grenada |
8.2 Number of cycling events and competitions held in Grenada |
8.3 Percentage of population engaged in cycling as a recreational activity |
9 Grenada High End Bicycle Market - Opportunity Assessment |
9.1 Grenada High End Bicycle Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada High End Bicycle Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Grenada High End Bicycle Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Grenada High End Bicycle Market - Competitive Landscape |
10.1 Grenada High End Bicycle Market Revenue Share, By Companies, 2024 |
10.2 Grenada High End Bicycle 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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