| Product Code: ETC5410080 | Publication Date: Nov 2023 | Updated Date: Apr 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Despite a significant decline in growth rate from 2023 to 2024, Grenada continues to rely on key exporters such as the USA, Italy, China, UK, and Panama for its sports equipment and apparel imports. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market structure, potentially posing challenges for market competition. However, the consistent Compound Annual Growth Rate (CAGR) of 4.81% from 2020 to 2024 suggests steady expansion in the sector. Grenada`s import trends in sports equipment and apparel highlight the importance of strategic partnerships with top exporting countries to meet consumer demand effectively.

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 Sports Equipment and Apparel Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Sports Equipment and Apparel Market Revenues & Volume, 2022 & 2032F |
3.3 Grenada Sports Equipment and Apparel Market - Industry Life Cycle |
3.4 Grenada Sports Equipment and Apparel Market - Porter's Five Forces |
3.5 Grenada Sports Equipment and Apparel Market Revenues & Volume Share, By Distribution Channel, 2022 & 2032F |
3.6 Grenada Sports Equipment and Apparel Market Revenues & Volume Share, By Product Type, 2022 & 2032F |
3.7 Grenada Sports Equipment and Apparel Market Revenues & Volume Share, By Sports Type, 2022 & 2032F |
4 Grenada Sports Equipment and Apparel Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing health and fitness awareness among consumers in Grenada |
4.2.2 Increasing participation in sports activities and events |
4.2.3 Rise in disposable income leading to higher spending on sports equipment and apparel |
4.3 Market Restraints |
4.3.1 Seasonal variations impacting sales of sports equipment and apparel |
4.3.2 Limited availability of premium sports brands in the market |
5 Grenada Sports Equipment and Apparel Market Trends |
6 Grenada Sports Equipment and Apparel Market Segmentations |
6.1 Grenada Sports Equipment and Apparel Market, By Distribution Channel |
6.1.1 Overview and Analysis |
6.1.2 Grenada Sports Equipment and Apparel Market Revenues & Volume, By Online, 2022 - 2032F |
6.1.3 Grenada Sports Equipment and Apparel Market Revenues & Volume, By Offline, 2022 - 2032F |
6.2 Grenada Sports Equipment and Apparel Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Sports Equipment and Apparel Market Revenues & Volume, By Equipment, 2022 - 2032F |
6.2.3 Grenada Sports Equipment and Apparel Market Revenues & Volume, By Apparel and Shoes, 2022 - 2032F |
6.3 Grenada Sports Equipment and Apparel Market, By Sports Type |
6.3.1 Overview and Analysis |
6.3.2 Grenada Sports Equipment and Apparel Market Revenues & Volume, By Bike, 2022 - 2032F |
6.3.3 Grenada Sports Equipment and Apparel Market Revenues & Volume, By Outdoor, 2022 - 2032F |
6.3.4 Grenada Sports Equipment and Apparel Market Revenues & Volume, By Tennis, 2022 - 2032F |
6.3.5 Grenada Sports Equipment and Apparel Market Revenues & Volume, By Other Racket Sports, 2022 - 2032F |
6.3.6 Grenada Sports Equipment and Apparel Market Revenues & Volume, By Running, 2022 - 2032F |
6.3.7 Grenada Sports Equipment and Apparel Market Revenues & Volume, By Fitness, 2022 - 2032F |
6.3.8 Grenada Sports Equipment and Apparel Market Revenues & Volume, By Other Team Sports, 2022 - 2032F |
6.3.9 Grenada Sports Equipment and Apparel Market Revenues & Volume, By Other Team Sports, 2022 - 2032F |
7 Grenada Sports Equipment and Apparel Market Import-Export Trade Statistics |
7.1 Grenada Sports Equipment and Apparel Market Export to Major Countries |
7.2 Grenada Sports Equipment and Apparel Market Imports from Major Countries |
8 Grenada Sports Equipment and Apparel Market Key Performance Indicators |
8.1 Number of sports events and tournaments held in Grenada annually |
8.2 Percentage increase in sports participation rates in Grenada |
8.3 Average spending per capita on sports equipment and apparel in Grenada |
8.4 Number of sports retailers and outlets in Grenada |
8.5 Growth in online sales of sports equipment and apparel in Grenada |
9 Grenada Sports Equipment and Apparel Market - Opportunity Assessment |
9.1 Grenada Sports Equipment and Apparel Market Opportunity Assessment, By Distribution Channel, 2022 & 2032F |
9.2 Grenada Sports Equipment and Apparel Market Opportunity Assessment, By Product Type, 2022 & 2032F |
9.3 Grenada Sports Equipment and Apparel Market Opportunity Assessment, By Sports Type, 2022 & 2032F |
10 Grenada Sports Equipment and Apparel Market - Competitive Landscape |
10.1 Grenada Sports Equipment and Apparel Market Revenue Share, By Companies, 2025 |
10.2 Grenada Sports Equipment and Apparel 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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