| Product Code: ETC7366708 | 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, Grenada saw significant import shipments of child resistant closures, with top exporting countries being Puerto Rico, USA, Trinidad and Tobago, China, and the Dominican Republic. The market remained highly concentrated with a high Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 was an impressive 12.95%, indicating a strong and steady expansion in the market. Moreover, the growth rate from 2023 to 2024 stood at 8.26%, showcasing continued momentum and opportunity for further development in the child resistant closures sector 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 Child Resistant Closures Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Child Resistant Closures Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Child Resistant Closures Market - Industry Life Cycle |
3.4 Grenada Child Resistant Closures Market - Porter's Five Forces |
3.5 Grenada Child Resistant Closures Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.6 Grenada Child Resistant Closures Market Revenues & Volume Share, By Closure Type, 2021 & 2031F |
3.7 Grenada Child Resistant Closures Market Revenues & Volume Share, By Tamper Evidence, 2021 & 2031F |
3.8 Grenada Child Resistant Closures Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Grenada Child Resistant Closures Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Child Resistant Closures Market Trends |
6 Grenada Child Resistant Closures Market, By Types |
6.1 Grenada Child Resistant Closures Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 Grenada Child Resistant Closures Market Revenues & Volume, By Material, 2021- 2031F |
6.1.3 Grenada Child Resistant Closures Market Revenues & Volume, By Polypropylene, 2021- 2031F |
6.1.4 Grenada Child Resistant Closures Market Revenues & Volume, By Polyethylene, 2021- 2031F |
6.1.5 Grenada Child Resistant Closures Market Revenues & Volume, By Other Plastics, 2021- 2031F |
6.2 Grenada Child Resistant Closures Market, By Closure Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Child Resistant Closures Market Revenues & Volume, By Push & Turn, 2021- 2031F |
6.2.3 Grenada Child Resistant Closures Market Revenues & Volume, By Squeeze & Turn, 2021- 2031F |
6.2.4 Grenada Child Resistant Closures Market Revenues & Volume, By Others (Dropper Caps), 2021- 2031F |
6.3 Grenada Child Resistant Closures Market, By Tamper Evidence |
6.3.1 Overview and Analysis |
6.3.2 Grenada Child Resistant Closures Market Revenues & Volume, By Tamper Evident, 2021- 2031F |
6.3.3 Grenada Child Resistant Closures Market Revenues & Volume, By Non Tamper Evident, 2021- 2031F |
6.4 Grenada Child Resistant Closures Market, By End Use |
6.4.1 Overview and Analysis |
6.4.2 Grenada Child Resistant Closures Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
6.4.3 Grenada Child Resistant Closures Market Revenues & Volume, By Household & Personal Care, 2021- 2031F |
6.4.4 Grenada Child Resistant Closures Market Revenues & Volume, By Chemicals & Fertilizers, 2021- 2031F |
6.4.5 Grenada Child Resistant Closures Market Revenues & Volume, By Others (Food & Beverage, Automotive, etc.), 2021- 2031F |
7 Grenada Child Resistant Closures Market Import-Export Trade Statistics |
7.1 Grenada Child Resistant Closures Market Export to Major Countries |
7.2 Grenada Child Resistant Closures Market Imports from Major Countries |
8 Grenada Child Resistant Closures Market Key Performance Indicators |
9 Grenada Child Resistant Closures Market - Opportunity Assessment |
9.1 Grenada Child Resistant Closures Market Opportunity Assessment, By Material, 2021 & 2031F |
9.2 Grenada Child Resistant Closures Market Opportunity Assessment, By Closure Type, 2021 & 2031F |
9.3 Grenada Child Resistant Closures Market Opportunity Assessment, By Tamper Evidence, 2021 & 2031F |
9.4 Grenada Child Resistant Closures Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Grenada Child Resistant Closures Market - Competitive Landscape |
10.1 Grenada Child Resistant Closures Market Revenue Share, By Companies, 2024 |
10.2 Grenada Child Resistant 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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