| Product Code: ETC5156449 | 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 |
In 2024, Grenada continued to rely on imports of plastic bags and sacks, with top exporting countries being Puerto Rico, Trinidad and Tobago, USA, China, and the Dominican Republic. The market remained concentrated, with a high Herfindahl-Hirschman Index (HHI) indicating limited competition. Despite a slight decrease in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) of 9.52% between 2020 and 2024 highlights sustained demand for plastic bags and sacks in Grenada. The country`s import trends suggest a continued reliance on foreign suppliers for these essential products.
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 Plastic Bags And Sacks Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Plastic Bags And Sacks Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Plastic Bags And Sacks Market - Industry Life Cycle |
3.4 Grenada Plastic Bags And Sacks Market - Porter's Five Forces |
3.5 Grenada Plastic Bags And Sacks Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.6 Grenada Plastic Bags And Sacks Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Grenada Plastic Bags And Sacks Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Plastic Bags And Sacks Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Plastic Bags And Sacks Market Trends |
6 Grenada Plastic Bags And Sacks Market Segmentations |
6.1 Grenada Plastic Bags And Sacks Market, By Material Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Plastic Bags And Sacks Market Revenues & Volume, By Non Bio-Degradable, 2021-2031F |
6.1.3 Grenada Plastic Bags And Sacks Market Revenues & Volume, By Bio Degradable, 2021-2031F |
6.2 Grenada Plastic Bags And Sacks Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Plastic Bags And Sacks Market Revenues & Volume, By T-Shirt Bags, 2021-2031F |
6.2.3 Grenada Plastic Bags And Sacks Market Revenues & Volume, By Gusseted Bags, 2021-2031F |
6.2.4 Grenada Plastic Bags And Sacks Market Revenues & Volume, By Lay Flat Bags, 2021-2031F |
6.2.5 Grenada Plastic Bags And Sacks Market Revenues & Volume, By Trash Bags, 2021-2031F |
6.2.6 Grenada Plastic Bags And Sacks Market Revenues & Volume, By Rubble Sacks, 2021-2031F |
6.2.7 Grenada Plastic Bags And Sacks Market Revenues & Volume, By Woven Sacks, 2021-2031F |
6.3 Grenada Plastic Bags And Sacks Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Plastic Bags And Sacks Market Revenues & Volume, By Retail & Consumer Applications, 2021-2031F |
6.3.3 Grenada Plastic Bags And Sacks Market Revenues & Volume, By Institutional Services, 2021-2031F |
6.3.4 Grenada Plastic Bags And Sacks Market Revenues & Volume, By Industrial Applications, 2021-2031F |
7 Grenada Plastic Bags And Sacks Market Import-Export Trade Statistics |
7.1 Grenada Plastic Bags And Sacks Market Export to Major Countries |
7.2 Grenada Plastic Bags And Sacks Market Imports from Major Countries |
8 Grenada Plastic Bags And Sacks Market Key Performance Indicators |
9 Grenada Plastic Bags And Sacks Market - Opportunity Assessment |
9.1 Grenada Plastic Bags And Sacks Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.2 Grenada Plastic Bags And Sacks Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.3 Grenada Plastic Bags And Sacks Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Plastic Bags And Sacks Market - Competitive Landscape |
10.1 Grenada Plastic Bags And Sacks Market Revenue Share, By Companies, 2024 |
10.2 Grenada Plastic Bags And Sacks 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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