| Product Code: ETC7378113 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Grenada continued to import a significant amount of plastic bags & sacks, with top exporting countries including Puerto Rico, Trinidad and Tobago, USA, China, and the Dominican Republic. The Herfindahl-Hirschman Index (HHI) indicated a high concentration of imports in the market. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period of 2020-2024 remained strong at 9.52%, reflecting a steady expansion in the market for plastic bags & sacks 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 Plastic Bags & Sacks Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Plastic Bags & Sacks Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Plastic Bags & Sacks Market - Industry Life Cycle |
3.4 Grenada Plastic Bags & Sacks Market - Porter's Five Forces |
3.5 Grenada Plastic Bags & Sacks Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.6 Grenada Plastic Bags & Sacks Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.7 Grenada Plastic Bags & Sacks Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Plastic Bags & Sacks Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Plastic Bags & Sacks Market Trends |
6 Grenada Plastic Bags & Sacks Market, By Types |
6.1 Grenada Plastic Bags & Sacks Market, By Material Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Plastic Bags & Sacks Market Revenues & Volume, By Material Type, 2021- 2031F |
6.1.3 Grenada Plastic Bags & Sacks Market Revenues & Volume, By Non Bio-Degradable, 2021- 2031F |
6.1.4 Grenada Plastic Bags & Sacks Market Revenues & Volume, By Bio Degradable, 2021- 2031F |
6.2 Grenada Plastic Bags & Sacks Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Plastic Bags & Sacks Market Revenues & Volume, By T-Shirt Bags, 2021- 2031F |
6.2.3 Grenada Plastic Bags & Sacks Market Revenues & Volume, By Gusseted Bags, 2021- 2031F |
6.2.4 Grenada Plastic Bags & Sacks Market Revenues & Volume, By Lay Flat Bags, 2021- 2031F |
6.2.5 Grenada Plastic Bags & Sacks Market Revenues & Volume, By Trash Bags, 2021- 2031F |
6.2.6 Grenada Plastic Bags & Sacks Market Revenues & Volume, By Rubble Sacks, 2021- 2031F |
6.2.7 Grenada Plastic Bags & Sacks Market Revenues & Volume, By Woven Sacks, 2021- 2031F |
6.3 Grenada Plastic Bags & Sacks Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Grenada Plastic Bags & Sacks Market Revenues & Volume, By Retail & Consumer Applications, 2021- 2031F |
6.3.3 Grenada Plastic Bags & Sacks Market Revenues & Volume, By Institutional Services, 2021- 2031F |
6.3.4 Grenada Plastic Bags & Sacks Market Revenues & Volume, By Industrial Applications, 2021- 2031F |
7 Grenada Plastic Bags & Sacks Market Import-Export Trade Statistics |
7.1 Grenada Plastic Bags & Sacks Market Export to Major Countries |
7.2 Grenada Plastic Bags & Sacks Market Imports from Major Countries |
8 Grenada Plastic Bags & Sacks Market Key Performance Indicators |
9 Grenada Plastic Bags & Sacks Market - Opportunity Assessment |
9.1 Grenada Plastic Bags & Sacks Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.2 Grenada Plastic Bags & Sacks Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.3 Grenada Plastic Bags & Sacks Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Plastic Bags & Sacks Market - Competitive Landscape |
10.1 Grenada Plastic Bags & Sacks Market Revenue Share, By Companies, 2024 |
10.2 Grenada Plastic Bags & 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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