| Product Code: ETC5687499 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The import shipments of team sports equipment to Grenada in 2024 continued to be dominated by key countries such as the USA, UK, Panama, Pakistan, and Egypt. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), significantly increased from 2023 to 2024, indicating a very high concentration of imports among a few major players. The compound annual growth rate (CAGR) for the period 2020-2024 was negative at -10.06%, with a sharp decline in the growth rate from 2023 to 2024 at -60.59%, reflecting a challenging market environment for team sports imports in Grenada.
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 Team Sports Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Team Sports Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Team Sports Market - Industry Life Cycle |
3.4 Grenada Team Sports Market - Porter's Five Forces |
3.5 Grenada Team Sports Market Revenues & Volume Share, By Sports, 2021 & 2031F |
3.6 Grenada Team Sports Market Revenues & Volume Share, By Demography, 2021 & 2031F |
4 Grenada Team Sports Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing popularity of team sports in Grenada |
4.2.2 Increase in disposable income of the population, leading to higher spending on sports activities |
4.2.3 Rise in government initiatives to promote sports and fitness among the youth |
4.3 Market Restraints |
4.3.1 Limited availability of quality sports facilities and infrastructure in Grenada |
4.3.2 High import duties on sports equipment and gear, making them expensive for consumers |
4.3.3 Seasonal variations in weather affecting outdoor sports participation |
5 Grenada Team Sports Market Trends |
6 Grenada Team Sports Market Segmentations |
6.1 Grenada Team Sports Market, By Sports |
6.1.1 Overview and Analysis |
6.1.2 Grenada Team Sports Market Revenues & Volume, By Basketball, 2021-2031F |
6.1.3 Grenada Team Sports Market Revenues & Volume, By Football, 2021-2031F |
6.1.4 Grenada Team Sports Market Revenues & Volume, By Volleyball, 2021-2031F |
6.1.5 Grenada Team Sports Market Revenues & Volume, By Cricket, 2021-2031F |
6.1.6 Grenada Team Sports Market Revenues & Volume, By Rugby, 2021-2031F |
6.1.7 Grenada Team Sports Market Revenues & Volume, By Others, 2021-2031F |
6.2 Grenada Team Sports Market, By Demography |
6.2.1 Overview and Analysis |
6.2.2 Grenada Team Sports Market Revenues & Volume, By Male, 2021-2031F |
6.2.3 Grenada Team Sports Market Revenues & Volume, By Female, 2021-2031F |
7 Grenada Team Sports Market Import-Export Trade Statistics |
7.1 Grenada Team Sports Market Export to Major Countries |
7.2 Grenada Team Sports Market Imports from Major Countries |
8 Grenada Team Sports Market Key Performance Indicators |
8.1 Participation rate in team sports events and leagues |
8.2 Number of new sports facilities and training centers opened |
8.3 Sponsorship deals and investments in the team sports sector |
8.4 Percentage of youth population engaged in team sports activities |
8.5 Social media engagement and reach of team sports events and organizations |
9 Grenada Team Sports Market - Opportunity Assessment |
9.1 Grenada Team Sports Market Opportunity Assessment, By Sports, 2021 & 2031F |
9.2 Grenada Team Sports Market Opportunity Assessment, By Demography, 2021 & 2031F |
10 Grenada Team Sports Market - Competitive Landscape |
10.1 Grenada Team Sports Market Revenue Share, By Companies, 2024 |
10.2 Grenada Team Sports 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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