| Product Code: ETC5064413 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Despite a significant decrease in growth rate in 2024, Grenada continues to heavily rely on sailboat imports from the UK, USA, Jamaica, and British Virgin Islands. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, potentially leading to pricing and supply control challenges. The negative compound annual growth rate (CAGR) from 2020-2024 suggests a declining trend in sailboat imports. It will be crucial for stakeholders in Grenada`s sailboat industry to closely monitor market dynamics and explore strategies for diversification and market expansion to mitigate risks associated with high concentration and negative growth rates.
Grenada's Sailboat market is anticipated to experience a stable growth rate of 1.74% by 2027, reflecting trends observed in the largest economy United States of America, followed by Canada, Trinidad and Tobago, Jamaica and Bahamas.

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 Sailboat Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Sailboat Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Sailboat Market - Industry Life Cycle |
3.4 Grenada Sailboat Market - Porter's Five Forces |
3.5 Grenada Sailboat Market Revenues & Volume Share, By Hull Type, 2021 & 2031F |
3.6 Grenada Sailboat Market Revenues & Volume Share, By Length, 2021 & 2031F |
4 Grenada Sailboat Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Sailboat Market Trends |
6 Grenada Sailboat Market Segmentations |
6.1 Grenada Sailboat Market, By Hull Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Sailboat Market Revenues & Volume, By Monohull, 2021-2031F |
6.1.3 Grenada Sailboat Market Revenues & Volume, By Multi-hull, 2021-2031F |
6.2 Grenada Sailboat Market, By Length |
6.2.1 Overview and Analysis |
6.2.2 Grenada Sailboat Market Revenues & Volume, By Up to 20 ft., 2021-2031F |
6.2.3 Grenada Sailboat Market Revenues & Volume, By 20-50 ft., 2021-2031F |
6.2.4 Grenada Sailboat Market Revenues & Volume, By Above 50 ft., 2021-2031F |
7 Grenada Sailboat Market Import-Export Trade Statistics |
7.1 Grenada Sailboat Market Export to Major Countries |
7.2 Grenada Sailboat Market Imports from Major Countries |
8 Grenada Sailboat Market Key Performance Indicators |
9 Grenada Sailboat Market - Opportunity Assessment |
9.1 Grenada Sailboat Market Opportunity Assessment, By Hull Type, 2021 & 2031F |
9.2 Grenada Sailboat Market Opportunity Assessment, By Length, 2021 & 2031F |
10 Grenada Sailboat Market - Competitive Landscape |
10.1 Grenada Sailboat Market Revenue Share, By Companies, 2024 |
10.2 Grenada Sailboat 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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