| Product Code: ETC11269606 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
Grenada`s wetsuit import market continues to thrive, with top exporting countries being the USA, China, Trinidad and Tobago, Canada, and Germany in 2024. The market shows high concentration with a high Herfindahl-Hirschman Index (HHI). The impressive Compound Annual Growth Rate (CAGR) of 40.77% from 2020 to 2024 indicates significant expansion. Furthermore, the growth rate in 2024 alone is remarkable at 46.15%, suggesting a buoyant demand for wetsuits in Grenada. This data highlights a promising outlook for the wetsuit import market in the country.
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 Wetsuits Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Wetsuits Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Wetsuits Market - Industry Life Cycle |
3.4 Grenada Wetsuits Market - Porter's Five Forces |
3.5 Grenada Wetsuits Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Wetsuits Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Grenada Wetsuits Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Grenada Wetsuits Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Grenada Wetsuits Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing popularity of water sports and recreational activities |
4.2.2 Increasing awareness about the importance of sun protection while engaging in water activities |
4.2.3 Technological advancements leading to improved design and performance of wetsuits |
4.3 Market Restraints |
4.3.1 Seasonal demand fluctuations due to climate variations |
4.3.2 High cost associated with purchasing wetsuits |
4.3.3 Competition from alternative water sports apparel and equipment |
5 Grenada Wetsuits Market Trends |
6 Grenada Wetsuits Market, By Types |
6.1 Grenada Wetsuits Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Wetsuits Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Grenada Wetsuits Market Revenues & Volume, By Full-Length, 2021 - 2031F |
6.1.4 Grenada Wetsuits Market Revenues & Volume, By Shorty, 2021 - 2031F |
6.1.5 Grenada Wetsuits Market Revenues & Volume, By Spring Suit, 2021 - 2031F |
6.1.6 Grenada Wetsuits Market Revenues & Volume, By Drysuits, 2021 - 2031F |
6.1.7 Grenada Wetsuits Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Grenada Wetsuits Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Grenada Wetsuits Market Revenues & Volume, By Neoprene, 2021 - 2031F |
6.2.3 Grenada Wetsuits Market Revenues & Volume, By Thermoplastic Elastomer, 2021 - 2031F |
6.2.4 Grenada Wetsuits Market Revenues & Volume, By Blended Fabrics, 2021 - 2031F |
6.2.5 Grenada Wetsuits Market Revenues & Volume, By Waterproof Membrane, 2021 - 2031F |
6.2.6 Grenada Wetsuits Market Revenues & Volume, By Custom Fit, 2021 - 2031F |
6.3 Grenada Wetsuits Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Wetsuits Market Revenues & Volume, By Scuba Diving, 2021 - 2031F |
6.3.3 Grenada Wetsuits Market Revenues & Volume, By Surfing, 2021 - 2031F |
6.3.4 Grenada Wetsuits Market Revenues & Volume, By Triathlons, 2021 - 2031F |
6.3.5 Grenada Wetsuits Market Revenues & Volume, By Cold Water Diving, 2021 - 2031F |
6.3.6 Grenada Wetsuits Market Revenues & Volume, By Recreational Swimming, 2021 - 2031F |
6.4 Grenada Wetsuits Market, By End Use |
6.4.1 Overview and Analysis |
6.4.2 Grenada Wetsuits Market Revenues & Volume, By Professional Divers, 2021 - 2031F |
6.4.3 Grenada Wetsuits Market Revenues & Volume, By Water Sports Enthusiasts, 2021 - 2031F |
6.4.4 Grenada Wetsuits Market Revenues & Volume, By Athletes, 2021 - 2031F |
6.4.5 Grenada Wetsuits Market Revenues & Volume, By Military and Rescue, 2021 - 2031F |
6.4.6 Grenada Wetsuits Market Revenues & Volume, By Leisure Market, 2021 - 2031F |
7 Grenada Wetsuits Market Import-Export Trade Statistics |
7.1 Grenada Wetsuits Market Export to Major Countries |
7.2 Grenada Wetsuits Market Imports from Major Countries |
8 Grenada Wetsuits Market Key Performance Indicators |
8.1 Average selling price of grenada wetsuits |
8.2 Number of new product innovations and technological advancements in grenada wetsuits |
8.3 Customer satisfaction ratings and feedback on grenada wetsuits |
8.4 Number of partnerships or collaborations with water sports events or organizations |
8.5 Percentage of repeat customers in the grenada wetsuits market |
9 Grenada Wetsuits Market - Opportunity Assessment |
9.1 Grenada Wetsuits Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Wetsuits Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Grenada Wetsuits Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Grenada Wetsuits Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Grenada Wetsuits Market - Competitive Landscape |
10.1 Grenada Wetsuits Market Revenue Share, By Companies, 2024 |
10.2 Grenada Wetsuits 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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