| Product Code: ETC5523510 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Grenada continued to see a high concentration of inks import shipments, with the top exporting countries being the USA, Trinidad and Tobago, Lebanon, UK, and Canada. Despite a challenging market environment, Grenada experienced a negative Compound Annual Growth Rate (CAGR) of -1.58% from 2020 to 2024. Furthermore, the growth rate from 2023 to 2024 declined by -6.04%, indicating a slowdown in the inks import market. This data suggests a need for strategic adjustments and market analysis to navigate the evolving landscape of the industry.
By 2027, Grenada's Inks market is forecasted to achieve a stable growth rate of 1.66%, with United States of America leading the North America region, followed by Canada, Trinidad and Tobago, Jamaica and Bahamas.

The inks market in Grenada is growing due to the increasing demand for high-quality printing materials. Inks are used in a variety of industries, including advertising, packaging, and textiles. With technological advancements and the increasing need for high-performance inks, the market is expected to see sustained growth, driven by the expanding manufacturing and printing sectors.
The inks market in Grenada benefits from the continuous innovation in printing technologies and materials. The rise in e-commerce and the need for packaging solutions have significantly contributed to the increased demand for various inks. Furthermore, there is a growing trend toward digital inks that provide high-quality print results on a variety of substrates.
The challenges for the inks market in Grenada are similar to those for the ink market, with an added layer of complexity due to diverse ink types such as industrial inks, packaging inks, and specialty inks. Limited industrial activities and a lack of advanced printing technologies in the region constrain the demand for specialized inks. Import costs and environmental concerns about certain ink formulations also pose significant barriers.
The printing and packaging industries in Grenada benefit from government policies that promote the use of high-quality, sustainable inks. Regulations focus on reducing environmental impact by encouraging the adoption of water-based and biodegradable inks.
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 Inks Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Inks Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Inks Market - Industry Life Cycle |
3.4 Grenada Inks Market - Porter's Five Forces |
3.5 Grenada Inks Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Inks Market Revenues & Volume Share, By Formulating Technology, 2021 & 2031F |
3.7 Grenada Inks Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Grenada Inks Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for sustainable and eco-friendly products in the printing industry |
4.2.2 Growing adoption of digital printing technologies |
4.2.3 Rise in packaging and labeling requirements across various industries |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices, such as pigments and resins |
4.3.2 Intense competition from substitute products like digital inks |
4.3.3 Regulatory challenges related to chemical compositions and environmental impact of inks |
5 Grenada Inks Market Trends |
6 Grenada Inks Market Segmentations |
6.1 Grenada Inks Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Inks Market Revenues & Volume, By Non-printing, 2021-2031F |
6.1.3 Grenada Inks Market Revenues & Volume, By Printing, 2021-2031F |
6.2 Grenada Inks Market, By Formulating Technology |
6.2.1 Overview and Analysis |
6.2.2 Grenada Inks Market Revenues & Volume, By Oil-based, 2021-2031F |
6.2.3 Grenada Inks Market Revenues & Volume, By Solvent-based, 2021-2031F |
6.2.4 Grenada Inks Market Revenues & Volume, By Water-based, 2021-2031F |
6.2.5 Grenada Inks Market Revenues & Volume, By UV-cured, 2021-2031F |
6.2.6 Grenada Inks Market Revenues & Volume, By Others, 2021-2031F |
6.3 Grenada Inks Market, By Applications |
6.3.1 Overview and Analysis |
6.3.2 Grenada Inks Market Revenues & Volume, By Packaging, 2021-2031F |
6.3.3 Grenada Inks Market Revenues & Volume, By Publication & Commercial, 2021-2031F |
6.3.4 Grenada Inks Market Revenues & Volume, By Security, 2021-2031F |
6.3.5 Grenada Inks Market Revenues & Volume, By Ceramic Tiles, 2021-2031F |
6.3.6 Grenada Inks Market Revenues & Volume, By Tags & Labels, 2021-2031F |
6.3.7 Grenada Inks Market Revenues & Volume, By Textiles, 2021-2031F |
7 Grenada Inks Market Import-Export Trade Statistics |
7.1 Grenada Inks Market Export to Major Countries |
7.2 Grenada Inks Market Imports from Major Countries |
8 Grenada Inks Market Key Performance Indicators |
8.1 Research and development investments in developing new eco-friendly ink formulations |
8.2 Adoption rate of digital printing technologies in the market |
8.3 Number of strategic partnerships with packaging companies for ink supply |
8.4 Customer satisfaction and retention rates for grenada inks |
9 Grenada Inks Market - Opportunity Assessment |
9.1 Grenada Inks Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Inks Market Opportunity Assessment, By Formulating Technology, 2021 & 2031F |
9.3 Grenada Inks Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Grenada Inks Market - Competitive Landscape |
10.1 Grenada Inks Market Revenue Share, By Companies, 2024 |
10.2 Grenada Inks 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.
To discover high-growth global markets and optimize your business strategy:
Click Here