| Product Code: ETC7367466 | 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 |
Despite a slight decrease in growth rate from 2023 to 2024, the market for compostable shrink wrap imports in Grenada continues to show strong overall growth with a CAGR of 11.4% from 2020 to 2024. The top exporting countries to Grenada in 2024 include Puerto Rico, USA, Trinidad and Tobago, Dominican Republic, and China, indicating a diverse source of products. However, the high concentration of the Herfindahl-Hirschman Index (HHI) suggests a dominant market share held by a few key players, highlighting potential challenges for new entrants in the industry.
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 Compostable Shrink Wrap Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Compostable Shrink Wrap Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Compostable Shrink Wrap Market - Industry Life Cycle |
3.4 Grenada Compostable Shrink Wrap Market - Porter's Five Forces |
3.5 Grenada Compostable Shrink Wrap Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.6 Grenada Compostable Shrink Wrap Market Revenues & Volume Share, By Applications, 2021 & 2031F |
3.7 Grenada Compostable Shrink Wrap Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
4 Grenada Compostable Shrink Wrap Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Compostable Shrink Wrap Market Trends |
6 Grenada Compostable Shrink Wrap Market, By Types |
6.1 Grenada Compostable Shrink Wrap Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 Grenada Compostable Shrink Wrap Market Revenues & Volume, By Material, 2021- 2031F |
6.1.3 Grenada Compostable Shrink Wrap Market Revenues & Volume, By PLA (Polylactic acid), 2021- 2031F |
6.1.4 Grenada Compostable Shrink Wrap Market Revenues & Volume, By PHA (Polyhydroxyalkanoates), 2021- 2031F |
6.1.5 Grenada Compostable Shrink Wrap Market Revenues & Volume, By Starch blends, 2021- 2031F |
6.1.6 Grenada Compostable Shrink Wrap Market Revenues & Volume, By Other Biodegradable polymers, 2021- 2031F |
6.2 Grenada Compostable Shrink Wrap Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Grenada Compostable Shrink Wrap Market Revenues & Volume, By Food packaging, 2021- 2031F |
6.2.3 Grenada Compostable Shrink Wrap Market Revenues & Volume, By Industrial packaging, 2021- 2031F |
6.2.4 Grenada Compostable Shrink Wrap Market Revenues & Volume, By Personal care & cosmetics, 2021- 2031F |
6.2.5 Grenada Compostable Shrink Wrap Market Revenues & Volume, By Agriculture & horticulture, 2021- 2031F |
6.3 Grenada Compostable Shrink Wrap Market, By Product Type |
6.3.1 Overview and Analysis |
6.3.2 Grenada Compostable Shrink Wrap Market Revenues & Volume, By Unprinted, 2021- 2031F |
6.3.3 Grenada Compostable Shrink Wrap Market Revenues & Volume, By Printed, 2021- 2031F |
7 Grenada Compostable Shrink Wrap Market Import-Export Trade Statistics |
7.1 Grenada Compostable Shrink Wrap Market Export to Major Countries |
7.2 Grenada Compostable Shrink Wrap Market Imports from Major Countries |
8 Grenada Compostable Shrink Wrap Market Key Performance Indicators |
9 Grenada Compostable Shrink Wrap Market - Opportunity Assessment |
9.1 Grenada Compostable Shrink Wrap Market Opportunity Assessment, By Material, 2021 & 2031F |
9.2 Grenada Compostable Shrink Wrap Market Opportunity Assessment, By Applications, 2021 & 2031F |
9.3 Grenada Compostable Shrink Wrap Market Opportunity Assessment, By Product Type, 2021 & 2031F |
10 Grenada Compostable Shrink Wrap Market - Competitive Landscape |
10.1 Grenada Compostable Shrink Wrap Market Revenue Share, By Companies, 2024 |
10.2 Grenada Compostable Shrink Wrap 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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