| Product Code: ETC6321155 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Barbados continued to see a steady flow of snap-on closures imports, with top exporting countries being the USA, Puerto Rico, Canada, Panama, and the UK. Despite the diverse sources, the market remained relatively unconcentrated with a low Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) for the period 2020-2024 was -5.54%, indicating a slight decline in demand. However, there was a positive growth rate of 2.83% from 2023 to 2024, suggesting a potential rebound in the market for snap-on closures in Barbados.

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 Snap-on Closures Market Overview |
3.1 Barbados Country Macro Economic Indicators |
3.2 Barbados Snap-on Closures Market Revenues & Volume, 2021 & 2031F |
3.3 Barbados Snap-on Closures Market - Industry Life Cycle |
3.4 Barbados Snap-on Closures Market - Porter's Five Forces |
3.5 Barbados Snap-on Closures Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Barbados Snap-on Closures Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Barbados Snap-on Closures Market Revenues & Volume Share, By Closure Type, 2021 & 2031F |
3.8 Barbados Snap-on Closures Market Revenues & Volume Share, By Diameter, 2021 & 2031F |
3.9 Barbados Snap-on Closures Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Barbados Snap-on Closures Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for convenient packaging solutions |
4.2.2 Growth in the food and beverage industry in Barbados |
4.2.3 Innovation in snap-on closure technology |
4.3 Market Restraints |
4.3.1 High competition from other types of closures in the market |
4.3.2 Price fluctuations in raw materials used for snap-on closures |
4.3.3 Regulatory challenges related to packaging materials |
5 Barbados Snap-on Closures Market Trends |
6 Barbados Snap-on Closures Market, By Types |
6.1 Barbados Snap-on Closures Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Barbados Snap-on Closures Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Barbados Snap-on Closures Market Revenues & Volume, By Bottles, 2021- 2031F |
6.1.4 Barbados Snap-on Closures Market Revenues & Volume, By Tubes, 2021- 2031F |
6.1.5 Barbados Snap-on Closures Market Revenues & Volume, By Jars, 2021- 2031F |
6.1.6 Barbados Snap-on Closures Market Revenues & Volume, By Vials, 2021- 2031F |
6.1.7 Barbados Snap-on Closures Market Revenues & Volume, By Can & Containers, 2021- 2031F |
6.2 Barbados Snap-on Closures Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Barbados Snap-on Closures Market Revenues & Volume, By Polyethylene terephthalate (PET), 2021- 2031F |
6.2.3 Barbados Snap-on Closures Market Revenues & Volume, By Polyvinyl chloride (PVC), 2021- 2031F |
6.2.4 Barbados Snap-on Closures Market Revenues & Volume, By High-density polyethylene (HDPE)), 2021- 2031F |
6.3 Barbados Snap-on Closures Market, By Closure Type |
6.3.1 Overview and Analysis |
6.3.2 Barbados Snap-on Closures Market Revenues & Volume, By Flip Top, 2021- 2031F |
6.3.3 Barbados Snap-on Closures Market Revenues & Volume, By Bottle Stopper, 2021- 2031F |
6.3.4 Barbados Snap-on Closures Market Revenues & Volume, By Twist off Cap, 2021- 2031F |
6.4 Barbados Snap-on Closures Market, By Diameter |
6.4.1 Overview and Analysis |
6.4.2 Barbados Snap-on Closures Market Revenues & Volume, By Up to 24 mm, 2021- 2031F |
6.4.3 Barbados Snap-on Closures Market Revenues & Volume, By 24-34 mm, 2021- 2031F |
6.4.4 Barbados Snap-on Closures Market Revenues & Volume, By 34-44 mm, 2021- 2031F |
6.4.5 Barbados Snap-on Closures Market Revenues & Volume, By Above 44 mm, 2021- 2031F |
6.5 Barbados Snap-on Closures Market, By End-User |
6.5.1 Overview and Analysis |
6.5.2 Barbados Snap-on Closures Market Revenues & Volume, By Liquid soap, 2021- 2031F |
6.5.3 Barbados Snap-on Closures Market Revenues & Volume, By Oil products, 2021- 2031F |
6.5.4 Barbados Snap-on Closures Market Revenues & Volume, By Liquid soap, 2021- 2031F |
6.5.5 Barbados Snap-on Closures Market Revenues & Volume, By Shampoo, 2021- 2031F |
6.5.6 Barbados Snap-on Closures Market Revenues & Volume, By Lotion and Cream, 2021- 2031F |
7 Barbados Snap-on Closures Market Import-Export Trade Statistics |
7.1 Barbados Snap-on Closures Market Export to Major Countries |
7.2 Barbados Snap-on Closures Market Imports from Major Countries |
8 Barbados Snap-on Closures Market Key Performance Indicators |
8.1 Customer satisfaction score related to snap-on closures |
8.2 Number of new product launches incorporating snap-on closures |
8.3 Adoption rate of snap-on closures by key players in the food and beverage industry in Barbados |
9 Barbados Snap-on Closures Market - Opportunity Assessment |
9.1 Barbados Snap-on Closures Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Barbados Snap-on Closures Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Barbados Snap-on Closures Market Opportunity Assessment, By Closure Type, 2021 & 2031F |
9.4 Barbados Snap-on Closures Market Opportunity Assessment, By Diameter, 2021 & 2031F |
9.5 Barbados Snap-on Closures Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Barbados Snap-on Closures Market - Competitive Landscape |
10.1 Barbados Snap-on Closures Market Revenue Share, By Companies, 2024 |
10.2 Barbados Snap-on Closures 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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