| Product Code: ETC5248447 | 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 |
Barbados continues to rely on imports for bicycle tires, with top exporters in 2024 being Colombia, USA, China, Hong Kong, and Trinidad and Tobago. The market shows high concentration with a high Herfindahl-Hirschman Index (HHI) in 2024. Despite a negative Compound Annual Growth Rate (CAGR) from 2020 to 2024, there was a positive growth rate in 2024, indicating a potential turnaround in the market. The shifting dynamics of import sources suggest opportunities for diversification and strategic partnerships in the bicycle tire industry in Barbados.

By 2027, Barbados's Bicycle Tires market is forecasted to achieve a stable growth rate of 2.27%, with United States of America leading the North America region, 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 Barbados Bicycle Tires Market Overview |
3.1 Barbados Country Macro Economic Indicators |
3.2 Barbados Bicycle Tires Market Revenues & Volume, 2021 & 2031F |
3.3 Barbados Bicycle Tires Market - Industry Life Cycle |
3.4 Barbados Bicycle Tires Market - Porter's Five Forces |
3.5 Barbados Bicycle Tires Market Revenues & Volume Share, By Bicycle Type, 2021 & 2031F |
3.6 Barbados Bicycle Tires Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Barbados Bicycle Tires Market Revenues & Volume Share, By Tire Size, 2021 & 2031F |
3.8 Barbados Bicycle Tires Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Barbados Bicycle Tires Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about health benefits associated with cycling |
4.2.2 Growth in recreational activities and tourism in Barbados |
4.2.3 Government initiatives promoting sustainable transportation options |
4.3 Market Restraints |
4.3.1 High import tariffs on bicycle tires |
4.3.2 Seasonal variations in demand due to weather conditions |
4.3.3 Limited availability of specialized bicycle tire retailers in Barbados |
5 Barbados Bicycle Tires Market Trends |
6 Barbados Bicycle Tires Market Segmentations |
6.1 Barbados Bicycle Tires Market, By Bicycle Type |
6.1.1 Overview and Analysis |
6.1.2 Barbados Bicycle Tires Market Revenues & Volume, By Mountain, 2021-2031F |
6.1.3 Barbados Bicycle Tires Market Revenues & Volume, By Hybrid, 2021-2031F |
6.1.4 Barbados Bicycle Tires Market Revenues & Volume, By Electric, 2021-2031F |
6.1.5 Barbados Bicycle Tires Market Revenues & Volume, By Comfort, 2021-2031F |
6.1.6 Barbados Bicycle Tires Market Revenues & Volume, By Youth, 2021-2031F |
6.1.7 Barbados Bicycle Tires Market Revenues & Volume, By Cruiser, 2021-2031F |
6.2 Barbados Bicycle Tires Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Barbados Bicycle Tires Market Revenues & Volume, By Tube Tire, 2021-2031F |
6.2.3 Barbados Bicycle Tires Market Revenues & Volume, By Tubeless Tire, 2021-2031F |
6.2.4 Barbados Bicycle Tires Market Revenues & Volume, By Solid Tire, 2021-2031F |
6.3 Barbados Bicycle Tires Market, By Tire Size |
6.3.1 Overview and Analysis |
6.3.2 Barbados Bicycle Tires Market Revenues & Volume, By Upto 12 inch, 2021-2031F |
6.3.3 Barbados Bicycle Tires Market Revenues & Volume, By 12 to 22 inch, 2021-2031F |
6.3.4 Barbados Bicycle Tires Market Revenues & Volume, By Above 22 inch, 2021-2031F |
6.4 Barbados Bicycle Tires Market, By Sales Channel |
6.4.1 Overview and Analysis |
6.4.2 Barbados Bicycle Tires Market Revenues & Volume, By OEM, 2021-2031F |
6.4.3 Barbados Bicycle Tires Market Revenues & Volume, By Aftermarket, 2021-2031F |
7 Barbados Bicycle Tires Market Import-Export Trade Statistics |
7.1 Barbados Bicycle Tires Market Export to Major Countries |
7.2 Barbados Bicycle Tires Market Imports from Major Countries |
8 Barbados Bicycle Tires Market Key Performance Indicators |
8.1 Average number of cycling events and competitions held annually in Barbados |
8.2 Percentage of households owning bicycles in Barbados |
8.3 Number of bicycle rental services operating in Barbados |
9 Barbados Bicycle Tires Market - Opportunity Assessment |
9.1 Barbados Bicycle Tires Market Opportunity Assessment, By Bicycle Type, 2021 & 2031F |
9.2 Barbados Bicycle Tires Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.3 Barbados Bicycle Tires Market Opportunity Assessment, By Tire Size, 2021 & 2031F |
9.4 Barbados Bicycle Tires Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 Barbados Bicycle Tires Market - Competitive Landscape |
10.1 Barbados Bicycle Tires Market Revenue Share, By Companies, 2024 |
10.2 Barbados Bicycle Tires 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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