| Product Code: ETC7372177 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The import shipments of high performance tires to Grenada have shown impressive growth, with a high concentration of top exporting countries such as China, UK, Taiwan, USA, and Jamaica in 2024. The industry has experienced a significant increase in market concentration, indicating a more competitive landscape. The compound annual growth rate (CAGR) from 2020 to 2024 stands at a robust 18.74%, with a notable growth rate of 38.02% from 2023 to 2024. These trends suggest a thriving market for high performance tires in Grenada, driven by strong demand and strategic partnerships with key exporting countries.
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 Performance Tires Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada High Performance Tires Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada High Performance Tires Market - Industry Life Cycle |
3.4 Grenada High Performance Tires Market - Porter's Five Forces |
3.5 Grenada High Performance Tires Market Revenues & Volume Share, By Tire Type, 2021 & 2031F |
3.6 Grenada High Performance Tires Market Revenues & Volume Share, By Sales Channel Type, 2021 & 2031F |
3.7 Grenada High Performance Tires Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 Grenada High Performance Tires Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for high performance vehicles in Grenada |
4.2.2 Growing awareness about the benefits of high performance tires in terms of safety and performance |
4.2.3 Technological advancements leading to the development of innovative high performance tire solutions |
4.3 Market Restraints |
4.3.1 High initial cost associated with purchasing high performance tires |
4.3.2 Limited availability of high performance tire options in the Grenada market |
4.3.3 Competition from lower-cost conventional tire options |
5 Grenada High Performance Tires Market Trends |
6 Grenada High Performance Tires Market, By Types |
6.1 Grenada High Performance Tires Market, By Tire Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada High Performance Tires Market Revenues & Volume, By Tire Type, 2021- 2031F |
6.1.3 Grenada High Performance Tires Market Revenues & Volume, By Racing Slick, 2021- 2031F |
6.1.4 Grenada High Performance Tires Market Revenues & Volume, By Tread Tire, 2021- 2031F |
6.1.5 Grenada High Performance Tires Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Grenada High Performance Tires Market, By Sales Channel Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada High Performance Tires Market Revenues & Volume, By OEM, 2021- 2031F |
6.2.3 Grenada High Performance Tires Market Revenues & Volume, By Replacement/Aftermarket, 2021- 2031F |
6.3 Grenada High Performance Tires Market, By Vehicle Type |
6.3.1 Overview and Analysis |
6.3.2 Grenada High Performance Tires Market Revenues & Volume, By Racing Cars, 2021- 2031F |
6.3.3 Grenada High Performance Tires Market Revenues & Volume, By Off-road Vehicles, 2021- 2031F |
7 Grenada High Performance Tires Market Import-Export Trade Statistics |
7.1 Grenada High Performance Tires Market Export to Major Countries |
7.2 Grenada High Performance Tires Market Imports from Major Countries |
8 Grenada High Performance Tires Market Key Performance Indicators |
8.1 Average selling price of high performance tires in Grenada |
8.2 Adoption rate of high performance tires among vehicle owners in Grenada |
8.3 Rate of new product launches and technological advancements in the high performance tire segment |
9 Grenada High Performance Tires Market - Opportunity Assessment |
9.1 Grenada High Performance Tires Market Opportunity Assessment, By Tire Type, 2021 & 2031F |
9.2 Grenada High Performance Tires Market Opportunity Assessment, By Sales Channel Type, 2021 & 2031F |
9.3 Grenada High Performance Tires Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 Grenada High Performance Tires Market - Competitive Landscape |
10.1 Grenada High Performance Tires Market Revenue Share, By Companies, 2024 |
10.2 Grenada High Performance Tires 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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