| Product Code: ETC7370665 | 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 |
The import shipments of foam trays to Grenada in 2024 were primarily sourced from Trinidad and Tobago, USA, Turkey, Dominican Republic, and Colombia. Despite a high concentration level in 2023, the Herfindahl-Hirschman Index (HHI) remained at a high level in 2024, indicating significant market dominance by key exporting countries. The compound annual growth rate (CAGR) from 2020 to 2024 was strong at 7.7%, although there was a notable decline in growth rate from 2023 to 2024 at -39.97%. This suggests a potential shift in market dynamics or temporary challenges affecting 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 Foam Trays Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Foam Trays Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Foam Trays Market - Industry Life Cycle |
3.4 Grenada Foam Trays Market - Porter's Five Forces |
3.5 Grenada Foam Trays Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Foam Trays Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for sustainable and eco-friendly packaging solutions |
4.2.2 Growth in the food and beverage industry, leading to a higher need for packaging solutions |
4.2.3 Technological advancements in foam tray manufacturing processes |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials such as polystyrene |
4.3.2 Stringent regulations regarding the use of plastic packaging |
4.3.3 Competition from alternative packaging materials like biodegradable options |
5 Grenada Foam Trays Market Trends |
6 Grenada Foam Trays Market, By Types |
6.1 Grenada Foam Trays Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Grenada Foam Trays Market Revenues & Volume, By Application, 2021- 2031F |
6.1.3 Grenada Foam Trays Market Revenues & Volume, By Pharmaceutical, 2021- 2031F |
6.1.4 Grenada Foam Trays Market Revenues & Volume, By Food Packaging, 2021- 2031F |
6.1.5 Grenada Foam Trays Market Revenues & Volume, By Meat and Poultry, 2021- 2031F |
6.1.6 Grenada Foam Trays Market Revenues & Volume, By Dairy Products, 2021- 2031F |
6.1.7 Grenada Foam Trays Market Revenues & Volume, By Food Service (Clamshells), 2021- 2031F |
6.1.8 Grenada Foam Trays Market Revenues & Volume, By Fruits and Vegetables, 2021- 2031F |
6.1.9 Grenada Foam Trays Market Revenues & Volume, By Food Chains, 2021- 2031F |
6.1.10 Grenada Foam Trays Market Revenues & Volume, By Food Chains, 2021- 2031F |
7 Grenada Foam Trays Market Import-Export Trade Statistics |
7.1 Grenada Foam Trays Market Export to Major Countries |
7.2 Grenada Foam Trays Market Imports from Major Countries |
8 Grenada Foam Trays Market Key Performance Indicators |
8.1 Percentage of foam trays made from recycled materials |
8.2 Energy efficiency in the manufacturing process |
8.3 Customer satisfaction levels with the durability and quality of foam trays |
9 Grenada Foam Trays Market - Opportunity Assessment |
9.1 Grenada Foam Trays Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Foam Trays Market - Competitive Landscape |
10.1 Grenada Foam Trays Market Revenue Share, By Companies, 2024 |
10.2 Grenada Foam Trays 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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