| Product Code: ETC10291942 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Grenada continued to show a high level of concentration in solid tire imports, with the top exporting countries being the UK, Trinidad and Tobago, USA, India, and Jamaica. Despite the challenging market conditions, the compound annual growth rate (CAGR) for the period 2020-2024 was -10.01%. However, there was a significant decline in growth from 2023 to 2024, with a rate of -37.99%. This indicates a challenging period for solid tire imports in Grenada, with potential shifts in market dynamics that importers and stakeholders should monitor closely.
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 Solid Tire Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Solid Tire Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Solid Tire Market - Industry Life Cycle |
3.4 Grenada Solid Tire Market - Porter's Five Forces |
3.5 Grenada Solid Tire Market Revenues & Volume Share, By Tire Type, 2021 & 2031F |
3.6 Grenada Solid Tire Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Solid Tire Market Revenues & Volume Share, By End Use, 2021 & 2031F |
3.8 Grenada Solid Tire Market Revenues & Volume Share, By Material, 2021 & 2031F |
4 Grenada Solid Tire Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for durable and puncture-resistant tires in industrial applications |
4.2.2 Growth in the material handling and construction industries in Grenada |
4.2.3 Focus on reducing maintenance costs and increasing operational efficiency by using solid tires |
4.3 Market Restraints |
4.3.1 Limited availability of raw materials for solid tire production in Grenada |
4.3.2 High initial cost of solid tires compared to pneumatic tires |
4.3.3 Lack of awareness and education about the benefits of solid tires among end-users in Grenada |
5 Grenada Solid Tire Market Trends |
6 Grenada Solid Tire Market, By Types |
6.1 Grenada Solid Tire Market, By Tire Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Solid Tire Market Revenues & Volume, By Tire Type, 2021 - 2031F |
6.1.3 Grenada Solid Tire Market Revenues & Volume, By Pneumatic Solid Tire, 2021 - 2031F |
6.1.4 Grenada Solid Tire Market Revenues & Volume, By Cushion Solid Tire, 2021 - 2031F |
6.1.5 Grenada Solid Tire Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Grenada Solid Tire Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Solid Tire Market Revenues & Volume, By Forklifts, 2021 - 2031F |
6.2.3 Grenada Solid Tire Market Revenues & Volume, By Construction Equipment, 2021 - 2031F |
6.2.4 Grenada Solid Tire Market Revenues & Volume, By Agriculture Equipment, 2021 - 2031F |
6.3 Grenada Solid Tire Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Grenada Solid Tire Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.3.3 Grenada Solid Tire Market Revenues & Volume, By Heavy Industry, 2021 - 2031F |
6.3.4 Grenada Solid Tire Market Revenues & Volume, By Agriculture, 2021 - 2031F |
6.4 Grenada Solid Tire Market, By Material |
6.4.1 Overview and Analysis |
6.4.2 Grenada Solid Tire Market Revenues & Volume, By Rubber, 2021 - 2031F |
6.4.3 Grenada Solid Tire Market Revenues & Volume, By Polyurethane, 2021 - 2031F |
6.4.4 Grenada Solid Tire Market Revenues & Volume, By Others, 2021 - 2031F |
7 Grenada Solid Tire Market Import-Export Trade Statistics |
7.1 Grenada Solid Tire Market Export to Major Countries |
7.2 Grenada Solid Tire Market Imports from Major Countries |
8 Grenada Solid Tire Market Key Performance Indicators |
8.1 Average lifespan of solid tires in Grenada |
8.2 Percentage increase in usage of solid tires in the material handling sector |
8.3 Adoption rate of solid tires by construction companies in Grenada |
9 Grenada Solid Tire Market - Opportunity Assessment |
9.1 Grenada Solid Tire Market Opportunity Assessment, By Tire Type, 2021 & 2031F |
9.2 Grenada Solid Tire Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Solid Tire Market Opportunity Assessment, By End Use, 2021 & 2031F |
9.4 Grenada Solid Tire Market Opportunity Assessment, By Material, 2021 & 2031F |
10 Grenada Solid Tire Market - Competitive Landscape |
10.1 Grenada Solid Tire Market Revenue Share, By Companies, 2024 |
10.2 Grenada Solid Tire 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.
To discover high-growth global markets and optimize your business strategy:
Click Here