Grenada Bag Closure Market (2025-2031) | Segmentation, Industry, Trends, Share, Companies, Competitive Landscape, Growth, Size & Revenue, Analysis, Outlook, Value, Forecast

Market Forecast By Material Type (Plastic, Paper and Paperboard, Metal), By Product Type (Clip, Pre-Cut Twist Ties), By Application (Food, Non Food) And Competitive Landscape
Product Code: ETC7364987 Publication Date: Sep 2024 Updated Date: Oct 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Vasudha No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

Grenada Bag Closure Market Top 5 Importing Countries and Market Competition (HHI) Analysis

In 2024, Grenada continued to see a strong influx of bag closure imports, with top exporting countries being the USA, UAE, Trinidad and Tobago, China, and the UK. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, suggesting potential challenges for market diversification. However, the impressive compound annual growth rate (CAGR) of 12.19% from 2020 to 2024 highlights a robust industry expansion. Although the growth rate slightly slowed from 2023 to 2024 at 0.85%, the overall trend signifies a promising market for bag closure imports in Grenada.

Key Highlights of the Report:

  • Grenada Bag Closure Market Outlook
  • Market Size of Grenada Bag Closure Market, 2024
  • Forecast of Grenada Bag Closure Market, 2031
  • Historical Data and Forecast of Grenada Bag Closure Revenues & Volume for the Period 2021- 2031
  • Grenada Bag Closure Market Trend Evolution
  • Grenada Bag Closure Market Drivers and Challenges
  • Grenada Bag Closure Price Trends
  • Grenada Bag Closure Porter's Five Forces
  • Grenada Bag Closure Industry Life Cycle
  • Historical Data and Forecast of Grenada Bag Closure Market Revenues & Volume By Material Type for the Period 2021- 2031
  • Historical Data and Forecast of Grenada Bag Closure Market Revenues & Volume By Plastic for the Period 2021- 2031
  • Historical Data and Forecast of Grenada Bag Closure Market Revenues & Volume By Paper and Paperboard for the Period 2021- 2031
  • Historical Data and Forecast of Grenada Bag Closure Market Revenues & Volume By Metal for the Period 2021- 2031
  • Historical Data and Forecast of Grenada Bag Closure Market Revenues & Volume By Product Type for the Period 2021- 2031
  • Historical Data and Forecast of Grenada Bag Closure Market Revenues & Volume By Clip for the Period 2021- 2031
  • Historical Data and Forecast of Grenada Bag Closure Market Revenues & Volume By Pre-Cut Twist Ties for the Period 2021- 2031
  • Historical Data and Forecast of Grenada Bag Closure Market Revenues & Volume By Application for the Period 2021- 2031
  • Historical Data and Forecast of Grenada Bag Closure Market Revenues & Volume By Food for the Period 2021- 2031
  • Historical Data and Forecast of Grenada Bag Closure Market Revenues & Volume By Non Food for the Period 2021- 2031
  • Grenada Bag Closure Import Export Trade Statistics
  • Market Opportunity Assessment By Material Type
  • Market Opportunity Assessment By Product Type
  • Market Opportunity Assessment By Application
  • Grenada Bag Closure Top Companies Market Share
  • Grenada Bag Closure Competitive Benchmarking By Technical and Operational Parameters
  • Grenada Bag Closure Company Profiles
  • Grenada Bag Closure Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Grenada Bag Closure Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Grenada Bag Closure Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

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 Bag Closure Market Overview

3.1 Grenada Country Macro Economic Indicators

3.2 Grenada Bag Closure Market Revenues & Volume, 2021 & 2031F

3.3 Grenada Bag Closure Market - Industry Life Cycle

3.4 Grenada Bag Closure Market - Porter's Five Forces

3.5 Grenada Bag Closure Market Revenues & Volume Share, By Material Type, 2021 & 2031F

3.6 Grenada Bag Closure Market Revenues & Volume Share, By Product Type, 2021 & 2031F

3.7 Grenada Bag Closure Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Grenada Bag Closure Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Grenada Bag Closure Market Trends

6 Grenada Bag Closure Market, By Types

6.1 Grenada Bag Closure Market, By Material Type

6.1.1 Overview and Analysis

6.1.2 Grenada Bag Closure Market Revenues & Volume, By Material Type, 2021- 2031F

6.1.3 Grenada Bag Closure Market Revenues & Volume, By Plastic, 2021- 2031F

6.1.4 Grenada Bag Closure Market Revenues & Volume, By Paper and Paperboard, 2021- 2031F

6.1.5 Grenada Bag Closure Market Revenues & Volume, By Metal, 2021- 2031F

6.2 Grenada Bag Closure Market, By Product Type

6.2.1 Overview and Analysis

6.2.2 Grenada Bag Closure Market Revenues & Volume, By Clip, 2021- 2031F

6.2.3 Grenada Bag Closure Market Revenues & Volume, By Pre-Cut Twist Ties, 2021- 2031F

6.3 Grenada Bag Closure Market, By Application

6.3.1 Overview and Analysis

6.3.2 Grenada Bag Closure Market Revenues & Volume, By Food, 2021- 2031F

6.3.3 Grenada Bag Closure Market Revenues & Volume, By Non Food, 2021- 2031F

7 Grenada Bag Closure Market Import-Export Trade Statistics

7.1 Grenada Bag Closure Market Export to Major Countries

7.2 Grenada Bag Closure Market Imports from Major Countries

8 Grenada Bag Closure Market Key Performance Indicators

9 Grenada Bag Closure Market - Opportunity Assessment

9.1 Grenada Bag Closure Market Opportunity Assessment, By Material Type, 2021 & 2031F

9.2 Grenada Bag Closure Market Opportunity Assessment, By Product Type, 2021 & 2031F

9.3 Grenada Bag Closure Market Opportunity Assessment, By Application, 2021 & 2031F

10 Grenada Bag Closure Market - Competitive Landscape

10.1 Grenada Bag Closure Market Revenue Share, By Companies, 2024

10.2 Grenada Bag Closure Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

Export potential assessment - trade Analytics for 2030

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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