| Product Code: ETC11447590 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
In 2024, Grenada continued to see a significant influx of bio-based polymer imports, with the USA, UK, Trinidad and Tobago, and Areas, nes being the top exporting countries. Despite a high Herfindahl-Hirschman Index (HHI) indicating market concentration, the compound annual growth rate (CAGR) from 2020 to 2024 was an impressive 51.68%. However, there was a notable decline in growth rate from 2023 to 2024 at -61.16%, suggesting potential market challenges or shifts in demand dynamics. Monitoring these trends will be crucial for stakeholders in the bio-based polymer import market in Grenada.
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 Bio-Based Polymer Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Bio-Based Polymer Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Bio-Based Polymer Market - Industry Life Cycle |
3.4 Grenada Bio-Based Polymer Market - Porter's Five Forces |
3.5 Grenada Bio-Based Polymer Market Revenues & Volume Share, By Polymer Type, 2021 & 2031F |
3.6 Grenada Bio-Based Polymer Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Bio-Based Polymer Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Grenada Bio-Based Polymer Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.9 Grenada Bio-Based Polymer Market Revenues & Volume Share, By Sustainability Factor, 2021 & 2031F |
4 Grenada Bio-Based Polymer Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness and demand for sustainable and eco-friendly products |
4.2.2 Government initiatives promoting the use of bio-based polymers to reduce environmental impact |
4.2.3 Advancements in technology leading to the development of innovative bio-based polymer products |
4.3 Market Restraints |
4.3.1 High production costs compared to traditional petroleum-based polymers |
4.3.2 Limited availability of feedstock for bio-based polymer production |
4.3.3 Lack of standardized regulations and certifications for bio-based polymer products |
5 Grenada Bio-Based Polymer Market Trends |
6 Grenada Bio-Based Polymer Market, By Types |
6.1 Grenada Bio-Based Polymer Market, By Polymer Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Bio-Based Polymer Market Revenues & Volume, By Polymer Type, 2021 - 2031F |
6.1.3 Grenada Bio-Based Polymer Market Revenues & Volume, By Bio-PLA, 2021 - 2031F |
6.1.4 Grenada Bio-Based Polymer Market Revenues & Volume, By Bio-PBT, 2021 - 2031F |
6.1.5 Grenada Bio-Based Polymer Market Revenues & Volume, By Bio-Polyamide, 2021 - 2031F |
6.2 Grenada Bio-Based Polymer Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Bio-Based Polymer Market Revenues & Volume, By Packaging, 2021 - 2031F |
6.2.3 Grenada Bio-Based Polymer Market Revenues & Volume, By Automotive Parts, 2021 - 2031F |
6.2.4 Grenada Bio-Based Polymer Market Revenues & Volume, By Electronics, 2021 - 2031F |
6.3 Grenada Bio-Based Polymer Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Grenada Bio-Based Polymer Market Revenues & Volume, By Food & Beverage, 2021 - 2031F |
6.3.3 Grenada Bio-Based Polymer Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.3.4 Grenada Bio-Based Polymer Market Revenues & Volume, By Electronics, 2021 - 2031F |
6.4 Grenada Bio-Based Polymer Market, By Source |
6.4.1 Overview and Analysis |
6.4.2 Grenada Bio-Based Polymer Market Revenues & Volume, By Corn-Based, 2021 - 2031F |
6.4.3 Grenada Bio-Based Polymer Market Revenues & Volume, By Biomass, 2021 - 2031F |
6.4.4 Grenada Bio-Based Polymer Market Revenues & Volume, By Sugar-Based, 2021 - 2031F |
6.5 Grenada Bio-Based Polymer Market, By Sustainability Factor |
6.5.1 Overview and Analysis |
6.5.2 Grenada Bio-Based Polymer Market Revenues & Volume, By Biodegradable, 2021 - 2031F |
6.5.3 Grenada Bio-Based Polymer Market Revenues & Volume, By Lightweight, 2021 - 2031F |
6.5.4 Grenada Bio-Based Polymer Market Revenues & Volume, By Renewable, 2021 - 2031F |
7 Grenada Bio-Based Polymer Market Import-Export Trade Statistics |
7.1 Grenada Bio-Based Polymer Market Export to Major Countries |
7.2 Grenada Bio-Based Polymer Market Imports from Major Countries |
8 Grenada Bio-Based Polymer Market Key Performance Indicators |
8.1 Carbon footprint reduction achieved through the use of bio-based polymers |
8.2 Percentage of companies incorporating bio-based polymers in their product lines |
8.3 Research and development investment in bio-based polymer technologies |
9 Grenada Bio-Based Polymer Market - Opportunity Assessment |
9.1 Grenada Bio-Based Polymer Market Opportunity Assessment, By Polymer Type, 2021 & 2031F |
9.2 Grenada Bio-Based Polymer Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Bio-Based Polymer Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Grenada Bio-Based Polymer Market Opportunity Assessment, By Source, 2021 & 2031F |
9.5 Grenada Bio-Based Polymer Market Opportunity Assessment, By Sustainability Factor, 2021 & 2031F |
10 Grenada Bio-Based Polymer Market - Competitive Landscape |
10.1 Grenada Bio-Based Polymer Market Revenue Share, By Companies, 2024 |
10.2 Grenada Bio-Based Polymer 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.
To discover high-growth global markets and optimize your business strategy:
Click Here