| Product Code: ETC10251430 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
The import shipments of Grenada racing tires continue to show significant growth, with a high concentration of imports from China, UK, Taiwan, USA, and Jamaica in 2024. The Herfindahl-Hirschman Index (HHI) indicates a sharp increase in market concentration, suggesting potential challenges for market competitiveness. The impressive Compound Annual Growth Rate (CAGR) of 18.74% from 2020 to 2024 highlights the strong demand for racing tires in Grenada. Moreover, the remarkable growth rate of 38.02% from 2023 to 2024 signals a rapidly expanding market for racing tire imports.
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 Racing Tires Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Racing Tires Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Racing Tires Market - Industry Life Cycle |
3.4 Grenada Racing Tires Market - Porter's Five Forces |
3.5 Grenada Racing Tires Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Racing Tires Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Racing Tires Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
3.8 Grenada Racing Tires Market Revenues & Volume Share, By Tire Size, 2021 & 2031F |
3.9 Grenada Racing Tires Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Grenada Racing Tires Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Racing Tires Market Trends |
6 Grenada Racing Tires Market, By Types |
6.1 Grenada Racing Tires Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Racing Tires Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Grenada Racing Tires Market Revenues & Volume, By Slick, 2021 - 2031F |
6.1.4 Grenada Racing Tires Market Revenues & Volume, By Radial, 2021 - 2031F |
6.1.5 Grenada Racing Tires Market Revenues & Volume, By Bias-ply, 2021 - 2031F |
6.2 Grenada Racing Tires Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Racing Tires Market Revenues & Volume, By Formula Racing, 2021 - 2031F |
6.2.3 Grenada Racing Tires Market Revenues & Volume, By Track Racing, 2021 - 2031F |
6.2.4 Grenada Racing Tires Market Revenues & Volume, By Drift Racing, 2021 - 2031F |
6.3 Grenada Racing Tires Market, By End-Use |
6.3.1 Overview and Analysis |
6.3.2 Grenada Racing Tires Market Revenues & Volume, By Motorsports, 2021 - 2031F |
6.3.3 Grenada Racing Tires Market Revenues & Volume, By Rally Racing, 2021 - 2031F |
6.3.4 Grenada Racing Tires Market Revenues & Volume, By Endurance Racing, 2021 - 2031F |
6.4 Grenada Racing Tires Market, By Tire Size |
6.4.1 Overview and Analysis |
6.4.2 Grenada Racing Tires Market Revenues & Volume, By 18-19 inch, 2021 - 2031F |
6.4.3 Grenada Racing Tires Market Revenues & Volume, By 20-21 inch, 2021 - 2031F |
6.4.4 Grenada Racing Tires Market Revenues & Volume, By 22 inch and above, 2021 - 2031F |
6.5 Grenada Racing Tires Market, By Distribution Channel |
6.5.1 Overview and Analysis |
6.5.2 Grenada Racing Tires Market Revenues & Volume, By Online Retail, 2021 - 2031F |
6.5.3 Grenada Racing Tires Market Revenues & Volume, By Direct Sales, 2021 - 2031F |
6.5.4 Grenada Racing Tires Market Revenues & Volume, By Wholesale, 2021 - 2031F |
7 Grenada Racing Tires Market Import-Export Trade Statistics |
7.1 Grenada Racing Tires Market Export to Major Countries |
7.2 Grenada Racing Tires Market Imports from Major Countries |
8 Grenada Racing Tires Market Key Performance Indicators |
9 Grenada Racing Tires Market - Opportunity Assessment |
9.1 Grenada Racing Tires Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Racing Tires Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Racing Tires Market Opportunity Assessment, By End-Use, 2021 & 2031F |
9.4 Grenada Racing Tires Market Opportunity Assessment, By Tire Size, 2021 & 2031F |
9.5 Grenada Racing Tires Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Grenada Racing Tires Market - Competitive Landscape |
10.1 Grenada Racing Tires Market Revenue Share, By Companies, 2024 |
10.2 Grenada Racing 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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