| Product Code: ETC7374600 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Grenada continued to rely on imports of metal closures, with top exporting countries being Barbados, UK, USA, China, and Saint Lucia. The market exhibited high concentration with a consistently high HHI. Despite a strong compound annual growth rate (CAGR) of 13.77% from 2020-24, the growth rate declined sharply by -29.1% in 2024. This fluctuation may indicate shifting market dynamics or temporary supply chain disruptions. Stakeholders should closely monitor these trends to make informed decisions and capitalize on emerging opportunities in the metal closures 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 Metal Closures Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Metal Closures Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Metal Closures Market - Industry Life Cycle |
3.4 Grenada Metal Closures Market - Porter's Five Forces |
3.5 Grenada Metal Closures Market Revenues & Volume Share, By End-user, 2021 & 2031F |
4 Grenada Metal Closures Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Metal Closures Market Trends |
6 Grenada Metal Closures Market, By Types |
6.1 Grenada Metal Closures Market, By End-user |
6.1.1 Overview and Analysis |
6.1.2 Grenada Metal Closures Market Revenues & Volume, By End-user, 2021- 2031F |
6.1.3 Grenada Metal Closures Market Revenues & Volume, By Food, 2021- 2031F |
6.1.4 Grenada Metal Closures Market Revenues & Volume, By Beverage, 2021- 2031F |
6.1.5 Grenada Metal Closures Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
6.1.6 Grenada Metal Closures Market Revenues & Volume, By Other, 2021- 2031F |
7 Grenada Metal Closures Market Import-Export Trade Statistics |
7.1 Grenada Metal Closures Market Export to Major Countries |
7.2 Grenada Metal Closures Market Imports from Major Countries |
8 Grenada Metal Closures Market Key Performance Indicators |
9 Grenada Metal Closures Market - Opportunity Assessment |
9.1 Grenada Metal Closures Market Opportunity Assessment, By End-user, 2021 & 2031F |
10 Grenada Metal Closures Market - Competitive Landscape |
10.1 Grenada Metal Closures Market Revenue Share, By Companies, 2024 |
10.2 Grenada Metal Closures 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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