| Product Code: ETC7377634 | 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 |
Grenada`s personal watercraft import market in 2024 continued to see strong growth, with the Dominican Republic, USA, Trinidad and Tobago, China, and Canada being the top exporting countries. The market concentration, as measured by the HHI, increased significantly from 2023 to 2024, indicating a very high level of concentration among suppliers. The impressive CAGR of 46.64% from 2020 to 2024 highlights the rapid expansion of the market, with a remarkable growth rate of 215.67% from 2023 to 2024 alone. This data suggests a thriving demand for personal watercraft in Grenada and a competitive landscape among key exporting nations.
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 Personal Watercraft Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Personal Watercraft Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Personal Watercraft Market - Industry Life Cycle |
3.4 Grenada Personal Watercraft Market - Porter's Five Forces |
3.5 Grenada Personal Watercraft Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Personal Watercraft Market Revenues & Volume Share, By Components, 2021 & 2031F |
3.7 Grenada Personal Watercraft Market Revenues & Volume Share, By Propulsion Type, 2021 & 2031F |
3.8 Grenada Personal Watercraft Market Revenues & Volume Share, By Hull Type, 2021 & 2031F |
3.9 Grenada Personal Watercraft Market Revenues & Volume Share, By Functionality, 2021 & 2031F |
3.10 Grenada Personal Watercraft Market Revenues & Volume Share, By Series, 2021 & 2031F |
3.11 Grenada Personal Watercraft Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Grenada Personal Watercraft Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income of consumers in Grenada |
4.2.2 Growing popularity of water sports and recreational activities |
4.2.3 Tourism industry growth in Grenada |
4.3 Market Restraints |
4.3.1 High import duties and taxes on personal watercraft in Grenada |
4.3.2 Limited awareness and availability of personal watercraft in the market |
5 Grenada Personal Watercraft Market Trends |
6 Grenada Personal Watercraft Market, By Types |
6.1 Grenada Personal Watercraft Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Personal Watercraft Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Personal Watercraft Market Revenues & Volume, By Sit-down Model, 2021- 2031F |
6.1.4 Grenada Personal Watercraft Market Revenues & Volume, By Stand-up Model, 2021- 2031F |
6.2 Grenada Personal Watercraft Market, By Components |
6.2.1 Overview and Analysis |
6.2.2 Grenada Personal Watercraft Market Revenues & Volume, By Engine, 2021- 2031F |
6.2.3 Grenada Personal Watercraft Market Revenues & Volume, By Drive Shift, 2021- 2031F |
6.2.4 Grenada Personal Watercraft Market Revenues & Volume, By Intake Grate, 2021- 2031F |
6.2.5 Grenada Personal Watercraft Market Revenues & Volume, By Impeller, 2021- 2031F |
6.2.6 Grenada Personal Watercraft Market Revenues & Volume, By Steering Nozzle, 2021- 2031F |
6.2.7 Grenada Personal Watercraft Market Revenues & Volume, By Steering Control, 2021- 2031F |
6.3 Grenada Personal Watercraft Market, By Propulsion Type |
6.3.1 Overview and Analysis |
6.3.2 Grenada Personal Watercraft Market Revenues & Volume, By Ic Engines, 2021- 2031F |
6.3.3 Grenada Personal Watercraft Market Revenues & Volume, By Electric, 2021- 2031F |
6.4 Grenada Personal Watercraft Market, By Hull Type |
6.4.1 Overview and Analysis |
6.4.2 Grenada Personal Watercraft Market Revenues & Volume, By Plastic, 2021- 2031F |
6.4.3 Grenada Personal Watercraft Market Revenues & Volume, By Composite, 2021- 2031F |
6.5 Grenada Personal Watercraft Market, By Functionality |
6.5.1 Overview and Analysis |
6.5.2 Grenada Personal Watercraft Market Revenues & Volume, By Accessory Package, 2021- 2031F |
6.5.3 Grenada Personal Watercraft Market Revenues & Volume, By Auto Trim, 2021- 2031F |
6.5.4 Grenada Personal Watercraft Market Revenues & Volume, By Connext Screen, 2021- 2031F |
6.5.5 Grenada Personal Watercraft Market Revenues & Volume, By Custom-tuned Electric Trim, 2021- 2031F |
6.5.6 Grenada Personal Watercraft Market Revenues & Volume, By Foot Chocks, 2021- 2031F |
6.5.7 Grenada Personal Watercraft Market Revenues & Volume, By Optional Audio Speakers, 2021- 2031F |
6.5.8 Grenada Personal Watercraft Market Revenues & Volume, By Others, 2021- 2031F |
6.5.9 Grenada Personal Watercraft Market Revenues & Volume, By Others, 2021- 2031F |
6.6 Grenada Personal Watercraft Market, By Series |
6.6.1 Overview and Analysis |
6.6.2 Grenada Personal Watercraft Market Revenues & Volume, By Rec Lite, 2021- 2031F |
6.6.3 Grenada Personal Watercraft Market Revenues & Volume, By Recreation, 2021- 2031F |
6.6.4 Grenada Personal Watercraft Market Revenues & Volume, By Freestyle, 2021- 2031F |
6.6.5 Grenada Personal Watercraft Market Revenues & Volume, By Performance, 2021- 2031F |
6.6.6 Grenada Personal Watercraft Market Revenues & Volume, By Luxury, 2021- 2031F |
6.7 Grenada Personal Watercraft Market, By Distribution Channel |
6.7.1 Overview and Analysis |
6.7.2 Grenada Personal Watercraft Market Revenues & Volume, By Direct Channel, 2021- 2031F |
6.7.3 Grenada Personal Watercraft Market Revenues & Volume, By Indirect Channel, 2021- 2031F |
6.8 Grenada Personal Watercraft Market, By End-user |
6.8.1 Overview and Analysis |
6.8.2 Grenada Personal Watercraft Market Revenues & Volume, By Rental, 2021- 2031F |
6.8.3 Grenada Personal Watercraft Market Revenues & Volume, By Individual, 2021- 2031F |
6.8.4 Grenada Personal Watercraft Market Revenues & Volume, By , 2021- 2031F |
7 Grenada Personal Watercraft Market Import-Export Trade Statistics |
7.1 Grenada Personal Watercraft Market Export to Major Countries |
7.2 Grenada Personal Watercraft Market Imports from Major Countries |
8 Grenada Personal Watercraft Market Key Performance Indicators |
8.1 Average number of personal watercraft rentals per month |
8.2 Growth rate of water sports facilities and rental services in Grenada |
8.3 Number of water sports events and competitions organized in Grenada |
8.4 Percentage of households with access to water bodies suitable for personal watercraft usage |
8.5 Average age of personal watercraft owners in Grenada |
9 Grenada Personal Watercraft Market - Opportunity Assessment |
9.1 Grenada Personal Watercraft Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Personal Watercraft Market Opportunity Assessment, By Components, 2021 & 2031F |
9.3 Grenada Personal Watercraft Market Opportunity Assessment, By Propulsion Type, 2021 & 2031F |
9.4 Grenada Personal Watercraft Market Opportunity Assessment, By Hull Type, 2021 & 2031F |
9.5 Grenada Personal Watercraft Market Opportunity Assessment, By Functionality, 2021 & 2031F |
9.6 Grenada Personal Watercraft Market Opportunity Assessment, By Series, 2021 & 2031F |
9.7 Grenada Personal Watercraft Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.7 Grenada Personal Watercraft Market Opportunity Assessment, By End-user, 2021 & 2031F |
10 Grenada Personal Watercraft Market - Competitive Landscape |
10.1 Grenada Personal Watercraft Market Revenue Share, By Companies, 2024 |
10.2 Grenada Personal Watercraft 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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