| Product Code: ETC4707175 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The import shipments of Grenada sail canvas have seen significant growth in 2024, with top exporting countries being the USA, Spain, China, Puerto Rico, and Barbados. The high concentration of the Herfindahl-Hirschman Index (HHI) in 2023 persisted into 2024, indicating a competitive market landscape. The impressive compound annual growth rate (CAGR) of 46.91% from 2020 to 2024 demonstrates a rapidly expanding market. Moreover, the remarkable growth rate of 122.05% from 2023 to 2024 highlights the increasing demand for sail canvas imports in Grenada, showcasing promising opportunities for market players.
Grenadas sail canvas market caters to the countrys maritime and tourism sectors. High-quality sail canvases are essential for boats and yachts used in fishing, transportation, and leisure activities. The market benefits from innovations in fabric technology, offering lightweight, durable, and weather-resistant materials.
The sail canvas market in Grenada is growing due to the rising demand for high-quality materials in boating and maritime activities. Grenadas coastal location and popularity as a sailing destination are boosting demand for durable, weather-resistant sail canvases used in recreational and commercial vessels.
The Sail Canvas market in Grenada is constrained by the limited number of local suppliers and the high cost of quality materials. This results in a dependency on imports, leading to price fluctuations. Additionally, the market faces competition from synthetic materials, which may be perceived as more durable and affordable.
The Grenadian government has established policies that foster the development of the sail canvas market, particularly in support of the tourism and maritime industries. Regulations ensure high standards for material durability and safety, while also promoting local production to reduce reliance on 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 Sail Canvas Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Sail Canvas Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Sail Canvas Market - Industry Life Cycle |
3.4 Grenada Sail Canvas Market - Porter's Five Forces |
3.5 Grenada Sail Canvas Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Sail Canvas Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Sail Canvas Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Sail Canvas Market Trends |
6 Grenada Sail Canvas Market Segmentations |
6.1 Grenada Sail Canvas Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Sail Canvas Market Revenues & Volume, By 8 Ann Canvas, 2021-2031F |
6.1.3 Grenada Sail Canvas Market Revenues & Volume, By 12 Ann Canvas, 2021-2031F |
6.1.4 Grenada Sail Canvas Market Revenues & Volume, By Polyester Canvas, 2021-2031F |
6.1.5 Grenada Sail Canvas Market Revenues & Volume, By Others, 2021-2031F |
6.2 Grenada Sail Canvas Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Sail Canvas Market Revenues & Volume, By Sailing, 2021-2031F |
6.2.3 Grenada Sail Canvas Market Revenues & Volume, By Yacht, 2021-2031F |
6.2.4 Grenada Sail Canvas Market Revenues & Volume, By Others, 2021-2031F |
7 Grenada Sail Canvas Market Import-Export Trade Statistics |
7.1 Grenada Sail Canvas Market Export to Major Countries |
7.2 Grenada Sail Canvas Market Imports from Major Countries |
8 Grenada Sail Canvas Market Key Performance Indicators |
9 Grenada Sail Canvas Market - Opportunity Assessment |
9.1 Grenada Sail Canvas Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Sail Canvas Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Sail Canvas Market - Competitive Landscape |
10.1 Grenada Sail Canvas Market Revenue Share, By Companies, 2024 |
10.2 Grenada Sail Canvas 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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