| Product Code: ETC4632163 | Publication Date: Nov 2023 | Updated Date: Apr 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The market for water sports equipment in Grenada saw significant growth in 2024, with top importing countries being the USA, Puerto Rico, New Caledonia, Areas, nes, and Curaçao. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The impressive Compound Annual Growth Rate (CAGR) of 40.63% from 2020 to 2024 highlights the industry`s rapid expansion. Additionally, the growth rate of 11.35% from 2023 to 2024 suggests sustained momentum in the market. Grenada`s importation of water sports equipment is on an upward trajectory, presenting opportunities for suppliers and businesses in the sector.

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 Water Sports Equipment Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Water Sports Equipment Market Revenues & Volume, 2022 & 2032F |
3.3 Grenada Water Sports Equipment Market - Industry Life Cycle |
3.4 Grenada Water Sports Equipment Market - Porter's Five Forces |
3.5 Grenada Water Sports Equipment Market Revenues & Volume Share, By Water Sports Type, 2022 & 2032F |
3.6 Grenada Water Sports Equipment Market Revenues & Volume Share, By Age, 2022 & 2032F |
3.7 Grenada Water Sports Equipment Market Revenues & Volume Share, By Gender, 2022 & 2032F |
4 Grenada Water Sports Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Water Sports Equipment Market Trends |
6 Grenada Water Sports Equipment Market Segmentations |
6.1 Grenada Water Sports Equipment Market, By Water Sports Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Water Sports Equipment Market Revenues & Volume, By Surfing, 2022 - 2032F |
6.1.3 Grenada Water Sports Equipment Market Revenues & Volume, By Scuba Diving, 2022 - 2032F |
6.1.4 Grenada Water Sports Equipment Market Revenues & Volume, By Jet Ski, 2022 - 2032F |
6.1.5 Grenada Water Sports Equipment Market Revenues & Volume, By Snorkelling, 2022 - 2032F |
6.1.6 Grenada Water Sports Equipment Market Revenues & Volume, By Kite Boarding, 2022 - 2032F |
6.1.7 Grenada Water Sports Equipment Market Revenues & Volume, By Canoeing & Kayaking, 2022 - 2032F |
6.1.9 Grenada Water Sports Equipment Market Revenues & Volume, By Parasailing, 2022 - 2032F |
6.1.10 Grenada Water Sports Equipment Market Revenues & Volume, By Parasailing, 2022 - 2032F |
6.2 Grenada Water Sports Equipment Market, By Age |
6.2.1 Overview and Analysis |
6.2.2 Grenada Water Sports Equipment Market Revenues & Volume, By 18-30 Years, 2022 - 2032F |
6.2.3 Grenada Water Sports Equipment Market Revenues & Volume, By 31-50 Years, 2022 - 2032F |
6.2.4 Grenada Water Sports Equipment Market Revenues & Volume, By Under 18 Years, 2022 - 2032F |
6.2.5 Grenada Water Sports Equipment Market Revenues & Volume, By Above 50 Years, 2022 - 2032F |
6.3 Grenada Water Sports Equipment Market, By Gender |
6.3.1 Overview and Analysis |
6.3.2 Grenada Water Sports Equipment Market Revenues & Volume, By Male, 2022 - 2032F |
6.3.3 Grenada Water Sports Equipment Market Revenues & Volume, By Female, 2022 - 2032F |
7 Grenada Water Sports Equipment Market Import-Export Trade Statistics |
7.1 Grenada Water Sports Equipment Market Export to Major Countries |
7.2 Grenada Water Sports Equipment Market Imports from Major Countries |
8 Grenada Water Sports Equipment Market Key Performance Indicators |
9 Grenada Water Sports Equipment Market - Opportunity Assessment |
9.1 Grenada Water Sports Equipment Market Opportunity Assessment, By Water Sports Type, 2022 & 2032F |
9.2 Grenada Water Sports Equipment Market Opportunity Assessment, By Age, 2022 & 2032F |
9.3 Grenada Water Sports Equipment Market Opportunity Assessment, By Gender, 2022 & 2032F |
10 Grenada Water Sports Equipment Market - Competitive Landscape |
10.1 Grenada Water Sports Equipment Market Revenue Share, By Companies, 2025 |
10.2 Grenada Water Sports Equipment 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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