| Product Code: ETC7375899 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Grenada continued to heavily rely on imports of nipple shields, with top exporting countries including the USA, Barbados, UK, Panama, and Jamaica. The market remained highly concentrated, with a high Herfindahl-Hirschman Index (HHI) indicating limited competition. However, the industry experienced a negative compound annual growth rate (CAGR) of -9.27% from 2020 to 2024, with a further decline in growth rate from 2023 to 2024 at -14.57%. This suggests challenges and potential shifts in the market dynamics for nipple shields 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 Nipple Shields Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Nipple Shields Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Nipple Shields Market - Industry Life Cycle |
3.4 Grenada Nipple Shields Market - Porter's Five Forces |
3.5 Grenada Nipple Shields Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Nipple Shields Market Revenues & Volume Share, By Size, 2021 & 2031F |
3.7 Grenada Nipple Shields Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Grenada Nipple Shields Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Nipple Shields Market Trends |
6 Grenada Nipple Shields Market, By Types |
6.1 Grenada Nipple Shields Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Nipple Shields Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Nipple Shields Market Revenues & Volume, By Regular Nipple Shield, 2021- 2031F |
6.1.4 Grenada Nipple Shields Market Revenues & Volume, By Contact Nipple Shield, 2021- 2031F |
6.2 Grenada Nipple Shields Market, By Size |
6.2.1 Overview and Analysis |
6.2.2 Grenada Nipple Shields Market Revenues & Volume, By 16 mm, 2021- 2031F |
6.2.3 Grenada Nipple Shields Market Revenues & Volume, By 21 mm, 2021- 2031F |
6.2.4 Grenada Nipple Shields Market Revenues & Volume, By 24 mm, 2021- 2031F |
6.2.5 Grenada Nipple Shields Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Grenada Nipple Shields Market, By End-use |
6.3.1 Overview and Analysis |
6.3.2 Grenada Nipple Shields Market Revenues & Volume, By Hospitals, 2021- 2031F |
6.3.3 Grenada Nipple Shields Market Revenues & Volume, By Outpatient Facilities, 2021- 2031F |
6.3.4 Grenada Nipple Shields Market Revenues & Volume, By Home Care, 2021- 2031F |
7 Grenada Nipple Shields Market Import-Export Trade Statistics |
7.1 Grenada Nipple Shields Market Export to Major Countries |
7.2 Grenada Nipple Shields Market Imports from Major Countries |
8 Grenada Nipple Shields Market Key Performance Indicators |
9 Grenada Nipple Shields Market - Opportunity Assessment |
9.1 Grenada Nipple Shields Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Nipple Shields Market Opportunity Assessment, By Size, 2021 & 2031F |
9.3 Grenada Nipple Shields Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Grenada Nipple Shields Market - Competitive Landscape |
10.1 Grenada Nipple Shields Market Revenue Share, By Companies, 2024 |
10.2 Grenada Nipple Shields 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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