| Product Code: ETC4975303 | 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 industrial drums import market in 2024 saw significant contributions from top exporting countries such as Greece, Germany, Saint Vincent and the Grenadines, USA, and Saint Lucia. Despite the high Herfindahl-Hirschman Index (HHI) indicating market concentration, the industry experienced a strong compound annual growth rate (CAGR) of 10.42% from 2020 to 2024. However, there was a notable decline in growth rate from 2023 to 2024 at -73.37%, suggesting potential shifts or challenges within the market dynamics. Staying informed on these trends can help stakeholders navigate the evolving landscape of industrial drum imports 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 Industrial Drums Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Industrial Drums Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Industrial Drums Market - Industry Life Cycle |
3.4 Grenada Industrial Drums Market - Porter's Five Forces |
3.5 Grenada Industrial Drums Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Grenada Industrial Drums Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
3.7 Grenada Industrial Drums Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Grenada Industrial Drums Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Industrial Drums Market Trends |
6 Grenada Industrial Drums Market Segmentations |
6.1 Grenada Industrial Drums Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Industrial Drums Market Revenues & Volume, By Steel Drum, 2021-2031F |
6.1.3 Grenada Industrial Drums Market Revenues & Volume, By Plastic Drum, 2021-2031F |
6.1.4 Grenada Industrial Drums Market Revenues & Volume, By Fiber Drum, 2021-2031F |
6.2 Grenada Industrial Drums Market, By Capacity |
6.2.1 Overview and Analysis |
6.2.2 Grenada Industrial Drums Market Revenues & Volume, By Up to 100 Liter, 2021-2031F |
6.2.3 Grenada Industrial Drums Market Revenues & Volume, By 100 to 250 Liter, 2021-2031F |
6.2.4 Grenada Industrial Drums Market Revenues & Volume, By 250 to 500 Liter, 2021-2031F |
6.2.5 Grenada Industrial Drums Market Revenues & Volume, By Above 500 Liter, 2021-2031F |
6.3 Grenada Industrial Drums Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Grenada Industrial Drums Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.3.3 Grenada Industrial Drums Market Revenues & Volume, By Chemical & Fertilizers, 2021-2031F |
6.3.4 Grenada Industrial Drums Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.3.5 Grenada Industrial Drums Market Revenues & Volume, By Petroleum & Lubricants, 2021-2031F |
6.3.6 Grenada Industrial Drums Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.3.7 Grenada Industrial Drums Market Revenues & Volume, By Paints, Inks, & Dyes, 2021-2031F |
7 Grenada Industrial Drums Market Import-Export Trade Statistics |
7.1 Grenada Industrial Drums Market Export to Major Countries |
7.2 Grenada Industrial Drums Market Imports from Major Countries |
8 Grenada Industrial Drums Market Key Performance Indicators |
9 Grenada Industrial Drums Market - Opportunity Assessment |
9.1 Grenada Industrial Drums Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Grenada Industrial Drums Market Opportunity Assessment, By Capacity, 2021 & 2031F |
9.3 Grenada Industrial Drums Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Grenada Industrial Drums Market - Competitive Landscape |
10.1 Grenada Industrial Drums Market Revenue Share, By Companies, 2024 |
10.2 Grenada Industrial Drums 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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