Grenada Pencils Market (2025-2031) | Forecast, Industry, Share, Value, Size, Trends, Growth, Companies, Analysis, Segmentation, Revenue & Outlook

Market Forecast By Product Type (Wooden Pencils, Mechanical Pencils, Others), By Application (Supermarkets/Hypermarkets, Convenience Stores, Independent Retailers, Online Sales, Others) And Competitive Landscape
Product Code: ETC5229466 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 Pencils Market Top 5 Importing Countries and Market Competition (HHI) Analysis

In 2024, Grenada`s import shipments of pencils continued to show strong growth, with a high concentration of imports from top countries like the USA, Trinidad and Tobago, UK, Panama, and China. The Herfindahl-Hirschman Index (HHI) indicated a shift from very high concentration in 2023 to high concentration in 2024, reflecting evolving market dynamics. The impressive Compound Annual Growth Rate (CAGR) of 7.69% from 2020 to 2024 highlights the sustained expansion of the market. Furthermore, the remarkable growth rate of 60.1% from 2023 to 2024 underlines the accelerating momentum in pencil imports, presenting opportunities and challenges for market players in Grenada

Key Highlights of the Report:

  • Grenada Pencils Market Outlook
  • Market Size of Grenada Pencils Market, 2024
  • Forecast of Grenada Pencils Market, 2031
  • Historical Data and Forecast of Grenada Pencils Revenues & Volume for the Period 2021-2031
  • Grenada Pencils Market Trend Evolution
  • Grenada Pencils Market Drivers and Challenges
  • Grenada Pencils Price Trends
  • Grenada Pencils Porter`s Five Forces
  • Grenada Pencils Industry Life Cycle
  • Historical Data and Forecast of Grenada Pencils Market Revenues & Volume By Product Type for the Period 2021-2031
  • Historical Data and Forecast of Grenada Pencils Market Revenues & Volume By Wooden Pencils for the Period 2021-2031
  • Historical Data and Forecast of Grenada Pencils Market Revenues & Volume By Mechanical Pencils for the Period 2021-2031
  • Historical Data and Forecast of Grenada Pencils Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Grenada Pencils Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Grenada Pencils Market Revenues & Volume By Supermarkets/Hypermarkets for the Period 2021-2031
  • Historical Data and Forecast of Grenada Pencils Market Revenues & Volume By Convenience Stores for the Period 2021-2031
  • Historical Data and Forecast of Grenada Pencils Market Revenues & Volume By Independent Retailers for the Period 2021-2031
  • Historical Data and Forecast of Grenada Pencils Market Revenues & Volume By Online Sales for the Period 2021-2031
  • Historical Data and Forecast of Grenada Pencils Market Revenues & Volume By Others for the Period 2021-2031
  • Grenada Pencils Import Export Trade Statistics
  • Market Opportunity Assessment By Product Type
  • Market Opportunity Assessment By Application
  • Grenada Pencils Top Companies Market Share
  • Grenada Pencils Competitive Benchmarking By Technical and Operational Parameters
  • Grenada Pencils Company Profiles
  • Grenada Pencils Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Grenada Pencils Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Grenada Pencils Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Pencils Market Overview

3.1 Grenada Country Macro Economic Indicators

3.2 Grenada Pencils Market Revenues & Volume, 2021 & 2031F

3.3 Grenada Pencils Market - Industry Life Cycle

3.4 Grenada Pencils Market - Porter's Five Forces

3.5 Grenada Pencils Market Revenues & Volume Share, By Product Type, 2021 & 2031F

3.6 Grenada Pencils Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Grenada Pencils Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing focus on sustainable and eco-friendly products

4.2.2 Growing demand for stationery products in educational institutions

4.2.3 Innovation and product differentiation in pencil designs and features

4.3 Market Restraints

4.3.1 Intense competition from digital alternatives and devices

4.3.2 Fluctuating raw material prices affecting production costs

4.3.3 Regulatory restrictions on the use of certain materials in pencil manufacturing

5 Grenada Pencils Market Trends

6 Grenada Pencils Market Segmentations

6.1 Grenada Pencils Market, By Product Type

6.1.1 Overview and Analysis

6.1.2 Grenada Pencils Market Revenues & Volume, By Wooden Pencils, 2021-2031F

6.1.3 Grenada Pencils Market Revenues & Volume, By Mechanical Pencils, 2021-2031F

6.1.4 Grenada Pencils Market Revenues & Volume, By Others, 2021-2031F

6.2 Grenada Pencils Market, By Application

6.2.1 Overview and Analysis

6.2.2 Grenada Pencils Market Revenues & Volume, By Supermarkets/Hypermarkets, 2021-2031F

6.2.3 Grenada Pencils Market Revenues & Volume, By Convenience Stores, 2021-2031F

6.2.4 Grenada Pencils Market Revenues & Volume, By Independent Retailers, 2021-2031F

6.2.5 Grenada Pencils Market Revenues & Volume, By Online Sales, 2021-2031F

6.2.6 Grenada Pencils Market Revenues & Volume, By Others, 2021-2031F

7 Grenada Pencils Market Import-Export Trade Statistics

7.1 Grenada Pencils Market Export to Major Countries

7.2 Grenada Pencils Market Imports from Major Countries

8 Grenada Pencils Market Key Performance Indicators

8.1 Percentage of recycled materials used in Grenada pencils production

8.2 Number of partnerships with educational institutions for pencil supply

8.3 Rate of new product launches and customer adoption of innovative pencil features

9 Grenada Pencils Market - Opportunity Assessment

9.1 Grenada Pencils Market Opportunity Assessment, By Product Type, 2021 & 2031F

9.2 Grenada Pencils Market Opportunity Assessment, By Application, 2021 & 2031F

10 Grenada Pencils Market - Competitive Landscape

10.1 Grenada Pencils Market Revenue Share, By Companies, 2024

10.2 Grenada Pencils Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

Export potential assessment - trade Analytics for 2030

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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