| Product Code: ETC5248884 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Grenada`s import of biodegradable plastics saw impressive growth in 2024, with key suppliers including Trinidad and Tobago, USA, UK, China, and Barbados. The market demonstrates high concentration, indicating strong dominance by major exporters. The impressive Compound Annual Growth Rate (CAGR) of 31.03% from 2020-2024 reflects a robust market demand for sustainable packaging solutions. Notably, the significant growth rate of 103.92% from 2023-2024 suggests a rapidly expanding market for biodegradable plastics in Grenada, driven by environmental concerns and shifting consumer preferences.
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 Biodegradable Plastics Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Biodegradable Plastics Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Biodegradable Plastics Market - Industry Life Cycle |
3.4 Grenada Biodegradable Plastics Market - Porter's Five Forces |
3.5 Grenada Biodegradable Plastics Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Biodegradable Plastics Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 Grenada Biodegradable Plastics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing environmental awareness and concerns about plastic pollution |
4.2.2 Government regulations promoting the use of biodegradable plastics |
4.2.3 Growing demand for sustainable packaging solutions |
4.3 Market Restraints |
4.3.1 Higher production costs compared to conventional plastics |
4.3.2 Limited availability of raw materials for biodegradable plastics |
4.3.3 Lack of consumer awareness and education about biodegradable plastics |
5 Grenada Biodegradable Plastics Market Trends |
6 Grenada Biodegradable Plastics Market Segmentations |
6.1 Grenada Biodegradable Plastics Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Biodegradable Plastics Market Revenues & Volume, By PLA, 2021-2031F |
6.1.3 Grenada Biodegradable Plastics Market Revenues & Volume, By Starch Blends, 2021-2031F |
6.1.4 Grenada Biodegradable Plastics Market Revenues & Volume, By PHA, 2021-2031F |
6.1.5 Grenada Biodegradable Plastics Market Revenues & Volume, By Biodegradable Polyesters, 2021-2031F |
6.1.6 Grenada Biodegradable Plastics Market Revenues & Volume, By Others, 2021-2031F |
6.2 Grenada Biodegradable Plastics Market, By End-Use |
6.2.1 Overview and Analysis |
6.2.2 Grenada Biodegradable Plastics Market Revenues & Volume, By Packaging, 2021-2031F |
6.2.3 Grenada Biodegradable Plastics Market Revenues & Volume, By Consumer Goods, 2021-2031F |
6.2.4 Grenada Biodegradable Plastics Market Revenues & Volume, By Textiles, 2021-2031F |
6.2.5 Grenada Biodegradable Plastics Market Revenues & Volume, By Agriculture & Horticulture, 2021-2031F |
7 Grenada Biodegradable Plastics Market Import-Export Trade Statistics |
7.1 Grenada Biodegradable Plastics Market Export to Major Countries |
7.2 Grenada Biodegradable Plastics Market Imports from Major Countries |
8 Grenada Biodegradable Plastics Market Key Performance Indicators |
8.1 Percentage of companies adopting biodegradable packaging solutions |
8.2 Amount of government incentives or subsidies supporting biodegradable plastics industry |
8.3 Recycling rate of biodegradable plastics in Grenada |
8.4 Percentage of consumers choosing biodegradable packaging options |
8.5 Number of new biodegradable plastic products introduced to the market |
9 Grenada Biodegradable Plastics Market - Opportunity Assessment |
9.1 Grenada Biodegradable Plastics Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Biodegradable Plastics Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 Grenada Biodegradable Plastics Market - Competitive Landscape |
10.1 Grenada Biodegradable Plastics Market Revenue Share, By Companies, 2024 |
10.2 Grenada Biodegradable Plastics 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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