| Product Code: ETC7382316 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Grenada`s tennis equipment import market continued to thrive in 2024, with the top exporting countries being the USA, China, Trinidad and Tobago, Jamaica, and the UK. The high Herfindahl-Hirschman Index (HHI) indicated a concentrated market, while the impressive Compound Annual Growth Rate (CAGR) of 21.22% from 2020 to 2024 showcased sustained expansion. The remarkable growth rate of 74.22% from 2023 to 2024 highlights the increasing demand for tennis equipment in Grenada, presenting lucrative opportunities for 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 Tennis Equipment Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Tennis Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Tennis Equipment Market - Industry Life Cycle |
3.4 Grenada Tennis Equipment Market - Porter's Five Forces |
3.5 Grenada Tennis Equipment Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Tennis Equipment Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Tennis Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing popularity of tennis as a recreational activity in Grenada |
4.2.2 Rising health and fitness consciousness among the population |
4.2.3 Growing disposable income leading to higher spending on sports equipment |
4.3 Market Restraints |
4.3.1 Limited awareness about the importance of quality tennis equipment |
4.3.2 High import duties on sports goods affecting pricing |
4.3.3 Seasonality of tennis as a sport leading to fluctuating demand |
5 Grenada Tennis Equipment Market Trends |
6 Grenada Tennis Equipment Market, By Types |
6.1 Grenada Tennis Equipment Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Tennis Equipment Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Tennis Equipment Market Revenues & Volume, By Racquet, 2021- 2031F |
6.1.4 Grenada Tennis Equipment Market Revenues & Volume, By Apparel, 2021- 2031F |
6.1.5 Grenada Tennis Equipment Market Revenues & Volume, By Balls, 2021- 2031F |
6.1.6 Grenada Tennis Equipment Market Revenues & Volume, By Tennis Bags, 2021- 2031F |
6.1.7 Grenada Tennis Equipment Market Revenues & Volume, By Grips & Accessories, 2021- 2031F |
6.1.8 Grenada Tennis Equipment Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Grenada Tennis Equipment Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Tennis Equipment Market Revenues & Volume, By Entertainment, 2021- 2031F |
6.2.3 Grenada Tennis Equipment Market Revenues & Volume, By Athletic Contest, 2021- 2031F |
6.2.4 Grenada Tennis Equipment Market Revenues & Volume, By Others, 2021- 2031F |
7 Grenada Tennis Equipment Market Import-Export Trade Statistics |
7.1 Grenada Tennis Equipment Market Export to Major Countries |
7.2 Grenada Tennis Equipment Market Imports from Major Countries |
8 Grenada Tennis Equipment Market Key Performance Indicators |
8.1 Average number of tennis players in Grenada |
8.2 Participation rate in tennis tournaments and events |
8.3 Number of tennis courts in the country |
8.4 Average household expenditure on sports equipment |
8.5 Rate of adoption of advanced tennis technologies |
9 Grenada Tennis Equipment Market - Opportunity Assessment |
9.1 Grenada Tennis Equipment Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Tennis Equipment Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Tennis Equipment Market - Competitive Landscape |
10.1 Grenada Tennis Equipment Market Revenue Share, By Companies, 2024 |
10.2 Grenada Tennis 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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