| Product Code: ETC7378343 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Grenada continued to see a significant volume of polyethylene closure imports, with top exporting countries being Puerto Rico, USA, Trinidad and Tobago, China, and the Dominican Republic. The market remained highly concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 was impressive at 12.95%, showcasing a strong market expansion. Additionally, the growth rate from 2023 to 2024 stood at 8.26%, reflecting sustained momentum in import shipments of polyethylene closures to 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 Polyethylene Closure Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Polyethylene Closure Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Polyethylene Closure Market - Industry Life Cycle |
3.4 Grenada Polyethylene Closure Market - Porter's Five Forces |
3.5 Grenada Polyethylene Closure Market Revenues & Volume Share, By Product Types, 2021 & 2031F |
3.6 Grenada Polyethylene Closure Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Polyethylene Closure 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 food and beverage industry in Grenada |
4.2.3 Technological advancements in polyethylene closure manufacturing |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials |
4.3.2 Intense competition from alternative closure solutions |
5 Grenada Polyethylene Closure Market Trends |
6 Grenada Polyethylene Closure Market, By Types |
6.1 Grenada Polyethylene Closure Market, By Product Types |
6.1.1 Overview and Analysis |
6.1.2 Grenada Polyethylene Closure Market Revenues & Volume, By Product Types, 2021- 2031F |
6.1.3 Grenada Polyethylene Closure Market Revenues & Volume, By Compression Moulding, 2021- 2031F |
6.1.4 Grenada Polyethylene Closure Market Revenues & Volume, By Injection Molding, 2021- 2031F |
6.2 Grenada Polyethylene Closure Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Polyethylene Closure Market Revenues & Volume, By Beverage Industry, 2021- 2031F |
6.2.3 Grenada Polyethylene Closure Market Revenues & Volume, By Pharmaceutical Industry, 2021- 2031F |
6.2.4 Grenada Polyethylene Closure Market Revenues & Volume, By Personal Care Products, 2021- 2031F |
7 Grenada Polyethylene Closure Market Import-Export Trade Statistics |
7.1 Grenada Polyethylene Closure Market Export to Major Countries |
7.2 Grenada Polyethylene Closure Market Imports from Major Countries |
8 Grenada Polyethylene Closure Market Key Performance Indicators |
8.1 Percentage of recycled materials used in polyethylene closures |
8.2 Adoption rate of polyethylene closures in new product packaging |
8.3 Number of new product launches using polyethylene closures |
8.4 Efficiency of manufacturing processes for polyethylene closures |
8.5 Customer satisfaction with polyethylene closures |
9 Grenada Polyethylene Closure Market - Opportunity Assessment |
9.1 Grenada Polyethylene Closure Market Opportunity Assessment, By Product Types, 2021 & 2031F |
9.2 Grenada Polyethylene Closure Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Polyethylene Closure Market - Competitive Landscape |
10.1 Grenada Polyethylene Closure Market Revenue Share, By Companies, 2024 |
10.2 Grenada Polyethylene Closure 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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