| Product Code: ETC7366082 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Grenada market continues to see a surge in canoeing and kayaking equipment imports in 2024, with key exporting countries including the USA, Puerto Rico, and New Caledonia. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market landscape. The impressive compound annual growth rate (CAGR) of 40.63% from 2020 to 2024 demonstrates a robust demand for these products. Furthermore, the growth rate of 11.35% from 2023 to 2024 highlights the sustained momentum in the industry. Grenada`s canoeing and kayaking equipment sector presents a promising outlook for international suppliers.
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 Canoeing and Kayaking Equipment Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Canoeing and Kayaking Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Canoeing and Kayaking Equipment Market - Industry Life Cycle |
3.4 Grenada Canoeing and Kayaking Equipment Market - Porter's Five Forces |
3.5 Grenada Canoeing and Kayaking Equipment Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Grenada Canoeing and Kayaking Equipment Market Revenues & Volume Share, By Accessories, 2021 & 2031F |
4 Grenada Canoeing and Kayaking Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing interest in outdoor recreational activities |
4.2.2 Increasing awareness about health and fitness benefits of canoeing and kayaking |
4.2.3 Rise in eco-tourism activities in Grenada |
4.3 Market Restraints |
4.3.1 High initial cost of purchasing canoeing and kayaking equipment |
4.3.2 Seasonal demand due to weather conditions in Grenada |
5 Grenada Canoeing and Kayaking Equipment Market Trends |
6 Grenada Canoeing and Kayaking Equipment Market, By Types |
6.1 Grenada Canoeing and Kayaking Equipment Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Grenada Canoeing and Kayaking Equipment Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Grenada Canoeing and Kayaking Equipment Market Revenues & Volume, By Canoes, 2021- 2031F |
6.1.4 Grenada Canoeing and Kayaking Equipment Market Revenues & Volume, By Kayaks, 2021- 2031F |
6.2 Grenada Canoeing and Kayaking Equipment Market, By Accessories |
6.2.1 Overview and Analysis |
6.2.2 Grenada Canoeing and Kayaking Equipment Market Revenues & Volume, By Distribution Channel, 2021- 2031F |
6.2.3 Grenada Canoeing and Kayaking Equipment Market Revenues & Volume, By Sporting Goods Retailer, 2021- 2031F |
6.2.4 Grenada Canoeing and Kayaking Equipment Market Revenues & Volume, By Online Retail, 2021- 2031F |
6.2.5 Grenada Canoeing and Kayaking Equipment Market Revenues & Volume, By Departmental Stores, 2021- 2031F |
7 Grenada Canoeing and Kayaking Equipment Market Import-Export Trade Statistics |
7.1 Grenada Canoeing and Kayaking Equipment Market Export to Major Countries |
7.2 Grenada Canoeing and Kayaking Equipment Market Imports from Major Countries |
8 Grenada Canoeing and Kayaking Equipment Market Key Performance Indicators |
8.1 Number of eco-tourism operators offering canoeing and kayaking tours in Grenada |
8.2 Participation rate in local canoeing and kayaking events |
8.3 Number of rental facilities offering canoeing and kayaking equipment in Grenada |
8.4 Average utilization rate of canoeing and kayaking equipment during peak season |
9 Grenada Canoeing and Kayaking Equipment Market - Opportunity Assessment |
9.1 Grenada Canoeing and Kayaking Equipment Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Grenada Canoeing and Kayaking Equipment Market Opportunity Assessment, By Accessories, 2021 & 2031F |
10 Grenada Canoeing and Kayaking Equipment Market - Competitive Landscape |
10.1 Grenada Canoeing and Kayaking Equipment Market Revenue Share, By Companies, 2024 |
10.2 Grenada Canoeing and Kayaking 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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