| Product Code: ETC5742960 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Grenada continued to see significant imports of polyethylene (PE) foams, with top exporting countries being Trinidad and Tobago, Lebanon, USA, Jamaica, and other areas not elsewhere specified. Despite a high Herfindahl-Hirschman Index (HHI) indicating market concentration, the compound annual growth rate (CAGR) from 2020 to 2024 was an impressive 35.24%. However, there was a notable decline in growth from 2023 to 2024, with a rate of -35.9%. This data suggests a dynamic market for PE foams in Grenada, influenced by various factors impacting import trends.
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 (PE) Foams Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Polyethylene (PE) Foams Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Polyethylene (PE) Foams Market - Industry Life Cycle |
3.4 Grenada Polyethylene (PE) Foams Market - Porter's Five Forces |
3.5 Grenada Polyethylene (PE) Foams Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Polyethylene (PE) Foams Market Revenues & Volume Share, By Density, 2021 & 2031F |
3.7 Grenada Polyethylene (PE) Foams Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
4 Grenada Polyethylene (PE) Foams Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the packaging industry, especially for protective packaging applications, driving the demand for polyethylene foams. |
4.2.2 Increasing focus on sustainable packaging solutions, with polyethylene foams being recyclable and reusable. |
4.2.3 Growth in the automotive sector, leading to increased use of polyethylene foams in interior components for noise and vibration dampening. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the production cost of polyethylene foams. |
4.3.2 Competition from alternative materials such as polypropylene foams or bio-based foams. |
4.3.3 Regulatory challenges related to environmental concerns and recycling initiatives. |
5 Grenada Polyethylene (PE) Foams Market Trends |
6 Grenada Polyethylene (PE) Foams Market Segmentations |
6.1 Grenada Polyethylene (PE) Foams Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Polyethylene (PE) Foams Market Revenues & Volume, By Non- XLPE, 2021-2031F |
6.1.3 Grenada Polyethylene (PE) Foams Market Revenues & Volume, By XLPE, 2021-2031F |
6.2 Grenada Polyethylene (PE) Foams Market, By Density |
6.2.1 Overview and Analysis |
6.2.2 Grenada Polyethylene (PE) Foams Market Revenues & Volume, By LDPE, 2021-2031F |
6.2.3 Grenada Polyethylene (PE) Foams Market Revenues & Volume, By HDPE, 2021-2031F |
6.3 Grenada Polyethylene (PE) Foams Market, By End-use Industry |
6.3.1 Overview and Analysis |
6.3.2 Grenada Polyethylene (PE) Foams Market Revenues & Volume, By Protective Packaging, 2021-2031F |
6.3.3 Grenada Polyethylene (PE) Foams Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.4 Grenada Polyethylene (PE) Foams Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.3.5 Grenada Polyethylene (PE) Foams Market Revenues & Volume, By Footwear, Sports & Recreational, 2021-2031F |
6.3.6 Grenada Polyethylene (PE) Foams Market Revenues & Volume, By Medical, 2021-2031F |
6.3.7 Grenada Polyethylene (PE) Foams Market Revenues & Volume, By Others, 2021-2031F |
7 Grenada Polyethylene (PE) Foams Market Import-Export Trade Statistics |
7.1 Grenada Polyethylene (PE) Foams Market Export to Major Countries |
7.2 Grenada Polyethylene (PE) Foams Market Imports from Major Countries |
8 Grenada Polyethylene (PE) Foams Market Key Performance Indicators |
8.1 Recycling rate of polyethylene foams in Grenada. |
8.2 Adoption rate of polyethylene foams in new industries or applications. |
8.3 Innovation rate in polyethylene foam technology and product development. |
9 Grenada Polyethylene (PE) Foams Market - Opportunity Assessment |
9.1 Grenada Polyethylene (PE) Foams Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Polyethylene (PE) Foams Market Opportunity Assessment, By Density, 2021 & 2031F |
9.3 Grenada Polyethylene (PE) Foams Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
10 Grenada Polyethylene (PE) Foams Market - Competitive Landscape |
10.1 Grenada Polyethylene (PE) Foams Market Revenue Share, By Companies, 2024 |
10.2 Grenada Polyethylene (PE) Foams 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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