| Product Code: ETC4852810 | 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 |
In 2024, Grenada continued to source a significant portion of its sporting goods imports from the USA, Puerto Rico, New Caledonia, UK, and other areas. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period 2020-2024 remained impressive at 33.49%. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, suggesting potential challenges and opportunities for market players in the sporting goods import industry in Grenada.
Grenada's Sporting Goods market is anticipated to experience a stable growth rate of 2.22% 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 Sporting Goods Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Sporting Goods Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Sporting Goods Market - Industry Life Cycle |
3.4 Grenada Sporting Goods Market - Porter's Five Forces |
3.5 Grenada Sporting Goods Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Grenada Sporting Goods Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Grenada Sporting Goods Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Sporting Goods Market Trends |
6 Grenada Sporting Goods Market Segmentations |
6.1 Grenada Sporting Goods Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Grenada Sporting Goods Market Revenues & Volume, By Ball Sports, 2021-2031F |
6.1.3 Grenada Sporting Goods Market Revenues & Volume, By Adventurous Sports, 2021-2031F |
6.1.4 Grenada Sporting Goods Market Revenues & Volume, By Fitness Equipments, 2021-2031F |
6.1.5 Grenada Sporting Goods Market Revenues & Volume, By Golf Equipments, 2021-2031F |
6.1.6 Grenada Sporting Goods Market Revenues & Volume, By Sports Equipments, 2021-2031F |
6.1.7 Grenada Sporting Goods Market Revenues & Volume, By Athletic Footwear, 2021-2031F |
6.2 Grenada Sporting Goods Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Grenada Sporting Goods Market Revenues & Volume, By Hypermarket/supermarket, 2021-2031F |
6.2.3 Grenada Sporting Goods Market Revenues & Volume, By Convenience/Departmental Store, 2021-2031F |
6.2.4 Grenada Sporting Goods Market Revenues & Volume, By Specialty Store, 2021-2031F |
6.2.5 Grenada Sporting Goods Market Revenues & Volume, By Online Store, 2021-2031F |
6.2.6 Grenada Sporting Goods Market Revenues & Volume, By Others, 2021-2031F |
7 Grenada Sporting Goods Market Import-Export Trade Statistics |
7.1 Grenada Sporting Goods Market Export to Major Countries |
7.2 Grenada Sporting Goods Market Imports from Major Countries |
8 Grenada Sporting Goods Market Key Performance Indicators |
9 Grenada Sporting Goods Market - Opportunity Assessment |
9.1 Grenada Sporting Goods Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Grenada Sporting Goods Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Grenada Sporting Goods Market - Competitive Landscape |
10.1 Grenada Sporting Goods Market Revenue Share, By Companies, 2024 |
10.2 Grenada Sporting Goods 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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