| Product Code: ETC5099924 | 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 marker pen import market in 2024 continues to be dominated by shipments from the UK, USA, Germany, Barbados, and Puerto Rico, indicating a diverse mix of international suppliers. Despite a negative compound annual growth rate (CAGR) from 2020 to 2024, the market experienced a significant growth spurt in 2024 with a growth rate of 203.73%. The high Herfindahl-Hirschman Index (HHI) suggests a concentrated market landscape, highlighting the importance of monitoring competition and market dynamics for marker pen 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 Marker Pen Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Marker Pen Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Marker Pen Market - Industry Life Cycle |
3.4 Grenada Marker Pen Market - Porter's Five Forces |
3.5 Grenada Marker Pen Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Marker Pen Market Revenues & Volume Share, By Tip Type, 2021 & 2031F |
3.7 Grenada Marker Pen Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Grenada Marker Pen Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Grenada Marker Pen Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for office supplies and stationery in Grenada |
4.2.2 Growing emphasis on education and writing instruments in schools |
4.2.3 Rise in promotional activities and marketing campaigns by pen manufacturers |
4.3 Market Restraints |
4.3.1 Competition from digital alternatives like tablets and smartphones |
4.3.2 Price sensitivity of consumers in Grenada |
5 Grenada Marker Pen Market Trends |
6 Grenada Marker Pen Market Segmentations |
6.1 Grenada Marker Pen Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Marker Pen Market Revenues & Volume, By Permanent Marker Pen, 2021-2031F |
6.1.3 Grenada Marker Pen Market Revenues & Volume, By Temporary Marker Pen, 2021-2031F |
6.2 Grenada Marker Pen Market, By Tip Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Marker Pen Market Revenues & Volume, By Bold, 2021-2031F |
6.2.3 Grenada Marker Pen Market Revenues & Volume, By Medium, 2021-2031F |
6.2.4 Grenada Marker Pen Market Revenues & Volume, By Fine & Extra Fine, 2021-2031F |
6.3 Grenada Marker Pen Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Marker Pen Market Revenues & Volume, By Residential, 2021-2031F |
6.3.3 Grenada Marker Pen Market Revenues & Volume, By Commercial, 2021-2031F |
6.4 Grenada Marker Pen Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Grenada Marker Pen Market Revenues & Volume, By Online, 2021-2031F |
6.4.3 Grenada Marker Pen Market Revenues & Volume, By Offline, 2021-2031F |
7 Grenada Marker Pen Market Import-Export Trade Statistics |
7.1 Grenada Marker Pen Market Export to Major Countries |
7.2 Grenada Marker Pen Market Imports from Major Countries |
8 Grenada Marker Pen Market Key Performance Indicators |
8.1 Average revenue per user (ARPU) of marker pens in Grenada |
8.2 Number of educational institutions using marker pens for teaching purposes |
8.3 Percentage of marketing budget allocated to promoting marker pens in Grenada |
9 Grenada Marker Pen Market - Opportunity Assessment |
9.1 Grenada Marker Pen Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Marker Pen Market Opportunity Assessment, By Tip Type, 2021 & 2031F |
9.3 Grenada Marker Pen Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Grenada Marker Pen Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Grenada Marker Pen Market - Competitive Landscape |
10.1 Grenada Marker Pen Market Revenue Share, By Companies, 2024 |
10.2 Grenada Marker Pen 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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