| Product Code: ETC4774074 | 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 |
Grenada saw a significant increase in spark plug imports in 2024, with top exporting countries including the USA, Puerto Rico, UAE, Japan, and the UK. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained high, indicating a competitive market. The compound annual growth rate (CAGR) from 2020 to 2024 was strong at 11.44%, with a notable growth rate of 17.7% in 2024 alone. These trends suggest a growing demand for spark plugs in Grenada, driven by imports from diverse international markets.
Grenada's Spark Plug market is anticipated to experience a stable growth rate of 0.34% 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 Spark Plug Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Spark Plug Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Spark Plug Market - Industry Life Cycle |
3.4 Grenada Spark Plug Market - Porter's Five Forces |
3.5 Grenada Spark Plug Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Grenada Spark Plug Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Grenada Spark Plug Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
3.8 Grenada Spark Plug Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Grenada Spark Plug Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.10 Grenada Spark Plug Market Revenues & Volume Share, By Engine Layout, 2021 & 2031F |
4 Grenada Spark Plug Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Spark Plug Market Trends |
6 Grenada Spark Plug Market Segmentations |
6.1 Grenada Spark Plug Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Spark Plug Market Revenues & Volume, By Spark Plugs, 2021-2031F |
6.1.3 Grenada Spark Plug Market Revenues & Volume, By Glow Plugs, 2021-2031F |
6.2 Grenada Spark Plug Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Grenada Spark Plug Market Revenues & Volume, By Copper, 2021-2031F |
6.2.3 Grenada Spark Plug Market Revenues & Volume, By Platinum, 2021-2031F |
6.2.4 Grenada Spark Plug Market Revenues & Volume, By Iridium Spark Plug, 2021-2031F |
6.3 Grenada Spark Plug Market, By Sales Channel |
6.3.1 Overview and Analysis |
6.3.2 Grenada Spark Plug Market Revenues & Volume, By OEM, 2021-2031F |
6.3.3 Grenada Spark Plug Market Revenues & Volume, By Aftermarket, 2021-2031F |
6.4 Grenada Spark Plug Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Grenada Spark Plug Market Revenues & Volume, By Automotive, 2021-2031F |
6.4.3 Grenada Spark Plug Market Revenues & Volume, By Marine, 2021-2031F |
6.4.4 Grenada Spark Plug Market Revenues & Volume, By Industrial, 2021-2031F |
6.4.5 Grenada Spark Plug Market Revenues & Volume, By Others, 2021-2031F |
6.5 Grenada Spark Plug Market, By Vehicle Type |
6.5.1 Overview and Analysis |
6.5.2 Grenada Spark Plug Market Revenues & Volume, By Passenger Car, 2021-2031F |
6.5.3 Grenada Spark Plug Market Revenues & Volume, By LCV, 2021-2031F |
6.5.4 Grenada Spark Plug Market Revenues & Volume, By HCV, 2021-2031F |
6.6 Grenada Spark Plug Market, By Engine Layout |
6.6.1 Overview and Analysis |
6.6.2 Grenada Spark Plug Market Revenues & Volume, By L3, 2021-2031F |
6.6.3 Grenada Spark Plug Market Revenues & Volume, By L4, 2021-2031F |
6.6.4 Grenada Spark Plug Market Revenues & Volume, By L5, 2021-2031F |
6.6.5 Grenada Spark Plug Market Revenues & Volume, By L6, 2021-2031F |
6.6.6 Grenada Spark Plug Market Revenues & Volume, By V6, 2021-2031F |
6.6.7 Grenada Spark Plug Market Revenues & Volume, By H6, 2021-2031F |
6.6.8 Grenada Spark Plug Market Revenues & Volume, By Others, 2021-2031F |
6.6.9 Grenada Spark Plug Market Revenues & Volume, By Others, 2021-2031F |
7 Grenada Spark Plug Market Import-Export Trade Statistics |
7.1 Grenada Spark Plug Market Export to Major Countries |
7.2 Grenada Spark Plug Market Imports from Major Countries |
8 Grenada Spark Plug Market Key Performance Indicators |
9 Grenada Spark Plug Market - Opportunity Assessment |
9.1 Grenada Spark Plug Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Grenada Spark Plug Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Grenada Spark Plug Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
9.4 Grenada Spark Plug Market Opportunity Assessment, By Application, 2021 & 2031F |
9.5 Grenada Spark Plug Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.6 Grenada Spark Plug Market Opportunity Assessment, By Engine Layout, 2021 & 2031F |
10 Grenada Spark Plug Market - Competitive Landscape |
10.1 Grenada Spark Plug Market Revenue Share, By Companies, 2024 |
10.2 Grenada Spark Plug 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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