| Product Code: ETC5724473 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The import shipments of commodity plastics to Grenada in 2024 continued to be dominated by the USA, UK, Trinidad and Tobago, and other areas not elsewhere specified. Despite a high Herfindahl-Hirschman Index (HHI) indicating concentration, the impressive compound annual growth rate (CAGR) of 51.68% from 2020 to 2024 reflects a thriving market. However, the sudden decline in growth rate from 2023 to 2024 at -61.16% suggests a potential shift in market dynamics or external factors impacting the industry. Stakeholders should closely monitor these trends for strategic decision-making.
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 Commodity Plastics Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Commodity Plastics Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Commodity Plastics Market - Industry Life Cycle |
3.4 Grenada Commodity Plastics Market - Porter's Five Forces |
3.5 Grenada Commodity Plastics Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Commodity Plastics Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 Grenada Commodity Plastics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for plastic packaging in various industries |
4.2.2 Technological advancements in plastic manufacturing processes |
4.2.3 Growing awareness about the benefits of using plastic products in Grenada |
4.3 Market Restraints |
4.3.1 Environmental concerns related to plastic waste and pollution |
4.3.2 Fluctuating prices of raw materials used in plastic production |
5 Grenada Commodity Plastics Market Trends |
6 Grenada Commodity Plastics Market Segmentations |
6.1 Grenada Commodity Plastics Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Commodity Plastics Market Revenues & Volume, By PE, 2021-2031F |
6.1.3 Grenada Commodity Plastics Market Revenues & Volume, By PP, 2021-2031F |
6.1.4 Grenada Commodity Plastics Market Revenues & Volume, By PVC, 2021-2031F |
6.1.5 Grenada Commodity Plastics Market Revenues & Volume, By PS, 2021-2031F |
6.1.6 Grenada Commodity Plastics Market Revenues & Volume, By ABS, 2021-2031F |
6.1.7 Grenada Commodity Plastics Market Revenues & Volume, By PET, 2021-2031F |
6.2 Grenada Commodity Plastics Market, By End Use Industry |
6.2.1 Overview and Analysis |
6.2.2 Grenada Commodity Plastics Market Revenues & Volume, By Packaging, 2021-2031F |
6.2.3 Grenada Commodity Plastics Market Revenues & Volume, By Construction, 2021-2031F |
6.2.4 Grenada Commodity Plastics Market Revenues & Volume, By Consumer Goods, 2021-2031F |
6.2.5 Grenada Commodity Plastics Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.6 Grenada Commodity Plastics Market Revenues & Volume, By Electronics, 2021-2031F |
6.2.7 Grenada Commodity Plastics Market Revenues & Volume, By Textiles, 2021-2031F |
7 Grenada Commodity Plastics Market Import-Export Trade Statistics |
7.1 Grenada Commodity Plastics Market Export to Major Countries |
7.2 Grenada Commodity Plastics Market Imports from Major Countries |
8 Grenada Commodity Plastics Market Key Performance Indicators |
8.1 Adoption rate of eco-friendly plastic alternatives in Grenada |
8.2 Investment in research and development for sustainable plastic solutions |
8.3 Percentage of recycled plastics used in manufacturing processes |
9 Grenada Commodity Plastics Market - Opportunity Assessment |
9.1 Grenada Commodity Plastics Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Commodity Plastics Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
10 Grenada Commodity Plastics Market - Competitive Landscape |
10.1 Grenada Commodity Plastics Market Revenue Share, By Companies, 2024 |
10.2 Grenada Commodity 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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