| Product Code: ETC7373320 | 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 |
In 2024, Grenada continued to heavily rely on imports of laboratory ware, with the top exporting countries being the USA, Trinidad and Tobago, UK, China, and Saint Lucia. Despite high concentration levels, the industry saw a steady growth with a CAGR of 6.78% from 2020 to 2024. The remarkable growth rate of 76.82% from 2023 to 2024 indicates a surge in demand for laboratory ware in Grenada, presenting opportunities for market expansion and diversification in the upcoming years.
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 Laboratory Ware Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Laboratory Ware Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Laboratory Ware Market - Industry Life Cycle |
3.4 Grenada Laboratory Ware Market - Porter's Five Forces |
3.5 Grenada Laboratory Ware Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Grenada Laboratory Ware Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Laboratory Ware Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Grenada Laboratory Ware Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Laboratory Ware Market Trends |
6 Grenada Laboratory Ware Market, By Types |
6.1 Grenada Laboratory Ware Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Grenada Laboratory Ware Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Grenada Laboratory Ware Market Revenues & Volume, By Glassware, 2021- 2031F |
6.1.4 Grenada Laboratory Ware Market Revenues & Volume, By Plasticware, 2021- 2031F |
6.2 Grenada Laboratory Ware Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Laboratory Ware Market Revenues & Volume, By Research, 2021- 2031F |
6.2.3 Grenada Laboratory Ware Market Revenues & Volume, By Diagnostics, 2021- 2031F |
6.2.4 Grenada Laboratory Ware Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Grenada Laboratory Ware Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Grenada Laboratory Ware Market Revenues & Volume, By Research and Academic Institutes, 2021- 2031F |
6.3.3 Grenada Laboratory Ware Market Revenues & Volume, By Hospitals and Diagnostic Centers, 2021- 2031F |
6.3.4 Grenada Laboratory Ware Market Revenues & Volume, By Others, 2021- 2031F |
7 Grenada Laboratory Ware Market Import-Export Trade Statistics |
7.1 Grenada Laboratory Ware Market Export to Major Countries |
7.2 Grenada Laboratory Ware Market Imports from Major Countries |
8 Grenada Laboratory Ware Market Key Performance Indicators |
9 Grenada Laboratory Ware Market - Opportunity Assessment |
9.1 Grenada Laboratory Ware Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Grenada Laboratory Ware Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Laboratory Ware Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Grenada Laboratory Ware Market - Competitive Landscape |
10.1 Grenada Laboratory Ware Market Revenue Share, By Companies, 2024 |
10.2 Grenada Laboratory Ware 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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