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

Market Forecast By Material Type (Polyethylene (PE), LDPE, LLDPE, HDPE, Polypropylene (PP), Others), By Head Type (Open head, Tight head), By Capacity (Less than 10 gallons, 10-30 gallons, 30-55 gallons, 55 gallons and above), By End-users (Food & Beverages, Chemical & Petrochemicals, Building and Construction, Agriculture, Pharmaceuticals, Oil and lubricants, Others) And Competitive Landscape
Product Code: ETC5222683 Publication Date: Nov 2023 Updated Date: Oct 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Bhawna Singh No. of Pages: 60 No. of Figures: 30 No. of Tables: 5

Grenada Plastic Drums Market Top 5 Importing Countries and Market Competition (HHI) Analysis

The import shipments of plastic drums to Grenada showed a significant shift in supplier countries in 2024, with Trinidad and Tobago, USA, Turkey, Dominican Republic, and Colombia emerging as the top exporters. Despite a high concentration of supply in 2023, the Herfindahl-Hirschman Index (HHI) remained at a high level in 2024. The compound annual growth rate (CAGR) from 2020 to 2024 was a healthy 7.8%, indicating steady expansion. However, there was a notable decline in growth rate from 2023 to 2024 at -39.56%, highlighting potential challenges or shifts in market dynamics during that period.

Grenada Plastic Drums Market Overview

Plastic drums are increasingly used in Grenada for the storage and transport of liquids and chemicals. Their durability, lightweight nature, and resistance to corrosion make them ideal for industrial and agricultural applications. Demand is further supported by the expansion of the food and beverage sector.

Drivers of the market

The plastic drums market in Grenada is primarily driven by the need for safe, durable, and cost-effective packaging solutions for liquids and chemicals. As industries such as chemicals, pharmaceuticals, and food processing continue to grow, there is an increasing need for efficient storage and transportation containers. The light weight, corrosion resistance, and recyclability of plastic drums make them a popular choice, contributing to the market’s expansion.

Challenges of the market

The Grenada Plastic Drums market is challenged by the high cost of plastic raw materials and the limited local manufacturing capacity. While plastic drums are essential for various industries, such as chemicals and food storage, the market is often dependent on imports, leading to higher prices. Furthermore, the market is constrained by the lack of regulations surrounding the proper disposal and recycling of plastic drums, which contributes to environmental concerns. Local businesses may also face difficulties in maintaining consistent supply and quality due to reliance on external suppliers.

Government Policy of the market

The government supports the growth of the plastic drums market by encouraging businesses to invest in the production of durable, sustainable, and recyclable plastic drums used for storage and transportation in industries such as chemicals, food, and pharmaceuticals. Policies focus on ensuring the safety and environmental compliance of plastic drums, with regulations that require manufacturers to adhere to strict quality standards. The government also provides incentives for businesses that invest in recycling programs and reduce the environmental impact of plastic production.

Key Highlights of the Report:

  • Grenada Plastic Drums Market Outlook
  • Market Size of Grenada Plastic Drums Market, 2024
  • Forecast of Grenada Plastic Drums Market, 2031
  • Historical Data and Forecast of Grenada Plastic Drums Revenues & Volume for the Period 2021-2031
  • Grenada Plastic Drums Market Trend Evolution
  • Grenada Plastic Drums Market Drivers and Challenges
  • Grenada Plastic Drums Price Trends
  • Grenada Plastic Drums Porter`s Five Forces
  • Grenada Plastic Drums Industry Life Cycle
  • Historical Data and Forecast of Grenada Plastic Drums Market Revenues & Volume By Material Type for the Period 2021-2031
  • Historical Data and Forecast of Grenada Plastic Drums Market Revenues & Volume By Polyethylene (PE) for the Period 2021-2031
  • Historical Data and Forecast of Grenada Plastic Drums Market Revenues & Volume By LDPE for the Period 2021-2031
  • Historical Data and Forecast of Grenada Plastic Drums Market Revenues & Volume By LLDPE for the Period 2021-2031
  • Historical Data and Forecast of Grenada Plastic Drums Market Revenues & Volume By HDPE for the Period 2021-2031
  • Historical Data and Forecast of Grenada Plastic Drums Market Revenues & Volume By Polypropylene (PP) for the Period 2021-2031
  • Historical Data and Forecast of Grenada Plastic Drums Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Grenada Plastic Drums Market Revenues & Volume By Head Type for the Period 2021-2031
  • Historical Data and Forecast of Grenada Plastic Drums Market Revenues & Volume By Open head for the Period 2021-2031
  • Historical Data and Forecast of Grenada Plastic Drums Market Revenues & Volume By Tight head for the Period 2021-2031
  • Historical Data and Forecast of Grenada Plastic Drums Market Revenues & Volume By Capacity for the Period 2021-2031
  • Historical Data and Forecast of Grenada Plastic Drums Market Revenues & Volume By Less than 10 gallons for the Period 2021-2031
  • Historical Data and Forecast of Grenada Plastic Drums Market Revenues & Volume By 10-30 gallons for the Period 2021-2031
  • Historical Data and Forecast of Grenada Plastic Drums Market Revenues & Volume By 30-55 gallons for the Period 2021-2031
  • Historical Data and Forecast of Grenada Plastic Drums Market Revenues & Volume By 55 gallons and above for the Period 2021-2031
  • Historical Data and Forecast of Grenada Plastic Drums Market Revenues & Volume By End-users for the Period 2021-2031
  • Historical Data and Forecast of Grenada Plastic Drums Market Revenues & Volume By Food & Beverages for the Period 2021-2031
  • Historical Data and Forecast of Grenada Plastic Drums Market Revenues & Volume By Chemical & Petrochemicals for the Period 2021-2031
  • Historical Data and Forecast of Grenada Plastic Drums Market Revenues & Volume By Building and Construction for the Period 2021-2031
  • Historical Data and Forecast of Grenada Plastic Drums Market Revenues & Volume By Agriculture for the Period 2021-2031
  • Historical Data and Forecast of Grenada Plastic Drums Market Revenues & Volume By Pharmaceuticals for the Period 2021-2031
  • Historical Data and Forecast of Grenada Plastic Drums Market Revenues & Volume By Oil and lubricants for the Period 2021-2031
  • Historical Data and Forecast of Grenada Plastic Drums Market Revenues & Volume By Others for the Period 2021-2031
  • Grenada Plastic Drums Import Export Trade Statistics
  • Market Opportunity Assessment By Material Type
  • Market Opportunity Assessment By Head Type
  • Market Opportunity Assessment By Capacity
  • Market Opportunity Assessment By End-users
  • Grenada Plastic Drums Top Companies Market Share
  • Grenada Plastic Drums Competitive Benchmarking By Technical and Operational Parameters
  • Grenada Plastic Drums Company Profiles
  • Grenada Plastic Drums Key Strategic Recommendations

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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 Plastic Drums Market Overview

3.1 Grenada Country Macro Economic Indicators

3.2 Grenada Plastic Drums Market Revenues & Volume, 2021 & 2031F

3.3 Grenada Plastic Drums Market - Industry Life Cycle

3.4 Grenada Plastic Drums Market - Porter's Five Forces

3.5 Grenada Plastic Drums Market Revenues & Volume Share, By Material Type, 2021 & 2031F

3.6 Grenada Plastic Drums Market Revenues & Volume Share, By Head Type, 2021 & 2031F

3.7 Grenada Plastic Drums Market Revenues & Volume Share, By Capacity, 2021 & 2031F

3.8 Grenada Plastic Drums Market Revenues & Volume Share, By End-users, 2021 & 2031F

4 Grenada Plastic Drums Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for eco-friendly packaging solutions

4.2.2 Growth in the chemical and pharmaceutical industries in Grenada

4.2.3 Rising focus on efficient storage and transportation solutions

4.3 Market Restraints

4.3.1 Fluctuating prices of raw materials

4.3.2 Competition from alternative packaging solutions

4.3.3 Stringent regulations on plastic usage and disposal

5 Grenada Plastic Drums Market Trends

6 Grenada Plastic Drums Market Segmentations

6.1 Grenada Plastic Drums Market, By Material Type

6.1.1 Overview and Analysis

6.1.2 Grenada Plastic Drums Market Revenues & Volume, By Polyethylene (PE), 2021-2031F

6.1.3 Grenada Plastic Drums Market Revenues & Volume, By LDPE, 2021-2031F

6.1.4 Grenada Plastic Drums Market Revenues & Volume, By LLDPE, 2021-2031F

6.1.5 Grenada Plastic Drums Market Revenues & Volume, By HDPE, 2021-2031F

6.1.6 Grenada Plastic Drums Market Revenues & Volume, By Polypropylene (PP), 2021-2031F

6.1.7 Grenada Plastic Drums Market Revenues & Volume, By Others, 2021-2031F

6.2 Grenada Plastic Drums Market, By Head Type

6.2.1 Overview and Analysis

6.2.2 Grenada Plastic Drums Market Revenues & Volume, By Open head, 2021-2031F

6.2.3 Grenada Plastic Drums Market Revenues & Volume, By Tight head, 2021-2031F

6.3 Grenada Plastic Drums Market, By Capacity

6.3.1 Overview and Analysis

6.3.2 Grenada Plastic Drums Market Revenues & Volume, By Less than 10 gallons, 2021-2031F

6.3.3 Grenada Plastic Drums Market Revenues & Volume, By 10-30 gallons, 2021-2031F

6.3.4 Grenada Plastic Drums Market Revenues & Volume, By 30-55 gallons, 2021-2031F

6.3.5 Grenada Plastic Drums Market Revenues & Volume, By 55 gallons and above, 2021-2031F

6.4 Grenada Plastic Drums Market, By End-users

6.4.1 Overview and Analysis

6.4.2 Grenada Plastic Drums Market Revenues & Volume, By Food & Beverages, 2021-2031F

6.4.3 Grenada Plastic Drums Market Revenues & Volume, By Chemical & Petrochemicals, 2021-2031F

6.4.4 Grenada Plastic Drums Market Revenues & Volume, By Building and Construction, 2021-2031F

6.4.5 Grenada Plastic Drums Market Revenues & Volume, By Agriculture, 2021-2031F

6.4.6 Grenada Plastic Drums Market Revenues & Volume, By Pharmaceuticals, 2021-2031F

6.4.7 Grenada Plastic Drums Market Revenues & Volume, By Oil and lubricants, 2021-2031F

7 Grenada Plastic Drums Market Import-Export Trade Statistics

7.1 Grenada Plastic Drums Market Export to Major Countries

7.2 Grenada Plastic Drums Market Imports from Major Countries

8 Grenada Plastic Drums Market Key Performance Indicators

8.1 Percentage of recycled materials used in plastic drum production

8.2 Number of new contracts secured with chemical and pharmaceutical companies

8.3 Efficiency of logistics and supply chain management in the plastic drum industry

9 Grenada Plastic Drums Market - Opportunity Assessment

9.1 Grenada Plastic Drums Market Opportunity Assessment, By Material Type, 2021 & 2031F

9.2 Grenada Plastic Drums Market Opportunity Assessment, By Head Type, 2021 & 2031F

9.3 Grenada Plastic Drums Market Opportunity Assessment, By Capacity, 2021 & 2031F

9.4 Grenada Plastic Drums Market Opportunity Assessment, By End-users, 2021 & 2031F

10 Grenada Plastic Drums Market - Competitive Landscape

10.1 Grenada Plastic Drums Market Revenue Share, By Companies, 2024

10.2 Grenada Plastic Drums Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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