| Product Code: ETC5248485 | 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 |
Grenada`s bicycle tire import market continues to thrive in 2024, with top exporting countries including the USA, China, Jamaica, India, and Guyana. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive compound annual growth rate (CAGR) of 19.13% from 2020 to 2024 reflects sustained expansion. Notably, the growth rate spiked to 14.41% in 2024, signaling accelerating momentum in the market. Grenada`s demand for bicycle tires remains robust, with key players driving competitive dynamics and fostering further growth opportunities in the sector.
The Bicycle Tires market in Grenada is projected to grow at a stable growth rate of 1.52% by 2027, highlighting the country's increasing focus on advanced technologies within the North America region, where United States of America holds the dominant position, followed closely by Canada, Trinidad and Tobago, Jamaica and Bahamas, shaping overall regional demand.

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 Bicycle Tires Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Bicycle Tires Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Bicycle Tires Market - Industry Life Cycle |
3.4 Grenada Bicycle Tires Market - Porter's Five Forces |
3.5 Grenada Bicycle Tires Market Revenues & Volume Share, By Bicycle Type, 2021 & 2031F |
3.6 Grenada Bicycle Tires Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Grenada Bicycle Tires Market Revenues & Volume Share, By Tire Size, 2021 & 2031F |
3.8 Grenada Bicycle Tires Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Grenada Bicycle Tires Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness and adoption of cycling as a sustainable and healthy mode of transportation in Grenada |
4.2.2 Government initiatives promoting cycling infrastructure and eco-friendly transportation options |
4.2.3 Growing trend towards outdoor activities and recreational sports, leading to higher demand for bicycles and related accessories |
4.3 Market Restraints |
4.3.1 Limited availability of high-quality and durable bicycle tires in the Grenada market |
4.3.2 High import tariffs and transportation costs affecting the pricing of bicycle tires |
4.3.3 Seasonal variations in demand due to weather conditions impacting the sales of bicycle tires |
5 Grenada Bicycle Tires Market Trends |
6 Grenada Bicycle Tires Market Segmentations |
6.1 Grenada Bicycle Tires Market, By Bicycle Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Bicycle Tires Market Revenues & Volume, By Mountain, 2021-2031F |
6.1.3 Grenada Bicycle Tires Market Revenues & Volume, By Hybrid, 2021-2031F |
6.1.4 Grenada Bicycle Tires Market Revenues & Volume, By Electric, 2021-2031F |
6.1.5 Grenada Bicycle Tires Market Revenues & Volume, By Comfort, 2021-2031F |
6.1.6 Grenada Bicycle Tires Market Revenues & Volume, By Youth, 2021-2031F |
6.1.7 Grenada Bicycle Tires Market Revenues & Volume, By Cruiser, 2021-2031F |
6.2 Grenada Bicycle Tires Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Bicycle Tires Market Revenues & Volume, By Tube Tire, 2021-2031F |
6.2.3 Grenada Bicycle Tires Market Revenues & Volume, By Tubeless Tire, 2021-2031F |
6.2.4 Grenada Bicycle Tires Market Revenues & Volume, By Solid Tire, 2021-2031F |
6.3 Grenada Bicycle Tires Market, By Tire Size |
6.3.1 Overview and Analysis |
6.3.2 Grenada Bicycle Tires Market Revenues & Volume, By Upto 12 inch, 2021-2031F |
6.3.3 Grenada Bicycle Tires Market Revenues & Volume, By 12 to 22 inch, 2021-2031F |
6.3.4 Grenada Bicycle Tires Market Revenues & Volume, By Above 22 inch, 2021-2031F |
6.4 Grenada Bicycle Tires Market, By Sales Channel |
6.4.1 Overview and Analysis |
6.4.2 Grenada Bicycle Tires Market Revenues & Volume, By OEM, 2021-2031F |
6.4.3 Grenada Bicycle Tires Market Revenues & Volume, By Aftermarket, 2021-2031F |
7 Grenada Bicycle Tires Market Import-Export Trade Statistics |
7.1 Grenada Bicycle Tires Market Export to Major Countries |
7.2 Grenada Bicycle Tires Market Imports from Major Countries |
8 Grenada Bicycle Tires Market Key Performance Indicators |
8.1 Average selling price of bicycle tires in Grenada |
8.2 Percentage of households owning bicycles in Grenada |
8.3 Number of cycling events and competitions organized in Grenada |
8.4 Percentage of budget allocated towards cycling infrastructure development in Grenada |
8.5 Customer satisfaction ratings for bicycle tires in Grenada |
9 Grenada Bicycle Tires Market - Opportunity Assessment |
9.1 Grenada Bicycle Tires Market Opportunity Assessment, By Bicycle Type, 2021 & 2031F |
9.2 Grenada Bicycle Tires Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.3 Grenada Bicycle Tires Market Opportunity Assessment, By Tire Size, 2021 & 2031F |
9.4 Grenada Bicycle Tires Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 Grenada Bicycle Tires Market - Competitive Landscape |
10.1 Grenada Bicycle Tires Market Revenue Share, By Companies, 2024 |
10.2 Grenada 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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