| Product Code: ETC12528934 | 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 import shipments of life vests to Grenada in 2024 saw a significant contribution from top exporting countries including the USA, China, and the UK. Despite a high concentration with the Herfindahl-Hirschman Index (HHI), the market showed a slight decline in the Compound Annual Growth Rate (CAGR) from 2020-24 at -1.11%. However, there was a notable growth rate of 7.01% from 2023-24, indicating a positive trend in the import of life vests to Grenada. This data suggests a continued demand for life vests in the region, with key players dominating the market.
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 Life Vests Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Life Vests Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Life Vests Market - Industry Life Cycle |
3.4 Grenada Life Vests Market - Porter's Five Forces |
3.5 Grenada Life Vests Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Grenada Life Vests Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Life Vests Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Grenada Life Vests Market Revenues & Volume Share, By Material, 2021 & 2031F |
4 Grenada Life Vests Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Life Vests Market Trends |
6 Grenada Life Vests Market, By Types |
6.1 Grenada Life Vests Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Life Vests Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Grenada Life Vests Market Revenues & Volume, By Inherent, 2021 - 2031F |
6.1.4 Grenada Life Vests Market Revenues & Volume, By Inflatable, 2021 - 2031F |
6.1.5 Grenada Life Vests Market Revenues & Volume, By Hybrid, 2021 - 2031F |
6.2 Grenada Life Vests Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Life Vests Market Revenues & Volume, By Water Sports, 2021 - 2031F |
6.2.3 Grenada Life Vests Market Revenues & Volume, By Boating, 2021 - 2031F |
6.2.4 Grenada Life Vests Market Revenues & Volume, By Military Operations, 2021 - 2031F |
6.2.5 Grenada Life Vests Market Revenues & Volume, By Safety Operations, 2021 - 2031F |
6.3 Grenada Life Vests Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Grenada Life Vests Market Revenues & Volume, By Adults, 2021 - 2031F |
6.3.3 Grenada Life Vests Market Revenues & Volume, By Youth, 2021 - 2031F |
6.3.4 Grenada Life Vests Market Revenues & Volume, By Children, 2021 - 2031F |
6.3.5 Grenada Life Vests Market Revenues & Volume, By Infants, 2021 - 2031F |
6.4 Grenada Life Vests Market, By Material |
6.4.1 Overview and Analysis |
6.4.2 Grenada Life Vests Market Revenues & Volume, By Nylon, 2021 - 2031F |
6.4.3 Grenada Life Vests Market Revenues & Volume, By Polyester, 2021 - 2031F |
6.4.4 Grenada Life Vests Market Revenues & Volume, By Others, 2021 - 2031F |
7 Grenada Life Vests Market Import-Export Trade Statistics |
7.1 Grenada Life Vests Market Export to Major Countries |
7.2 Grenada Life Vests Market Imports from Major Countries |
8 Grenada Life Vests Market Key Performance Indicators |
9 Grenada Life Vests Market - Opportunity Assessment |
9.1 Grenada Life Vests Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Grenada Life Vests Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Life Vests Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Grenada Life Vests Market Opportunity Assessment, By Material, 2021 & 2031F |
10 Grenada Life Vests Market - Competitive Landscape |
10.1 Grenada Life Vests Market Revenue Share, By Companies, 2024 |
10.2 Grenada Life Vests 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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