| Product Code: ETC5308734 | 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 |
The import shipments of polystyrene foam to Grenada in 2024 continued to be dominated by top exporting countries such as the USA, Colombia, Netherlands, Trinidad and Tobago, and China. Despite a decrease in the growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period of 2020-24 remained strong at 23.13%. The Herfindahl-Hirschman Index (HHI) indicated a shift from very high concentration in 2023 to high concentration in 2024, suggesting a slightly more diversified market landscape for polystyrene foam imports 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 Polystyrene Foam Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Polystyrene Foam Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Polystyrene Foam Market - Industry Life Cycle |
3.4 Grenada Polystyrene Foam Market - Porter's Five Forces |
3.5 Grenada Polystyrene Foam Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Grenada Polystyrene Foam Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
4 Grenada Polystyrene Foam Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for packaging solutions in the food and beverage industry |
4.2.2 Growing construction activities leading to higher demand for insulation materials |
4.2.3 Rise in disposable income leading to higher consumption of consumer goods |
4.3 Market Restraints |
4.3.1 Environmental concerns related to the use of polystyrene foam products |
4.3.2 Fluctuating raw material prices affecting production costs |
5 Grenada Polystyrene Foam Market Trends |
6 Grenada Polystyrene Foam Market Segmentations |
6.1 Grenada Polystyrene Foam Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Grenada Polystyrene Foam Market Revenues & Volume, By Expanded Polystyrene Foam, 2021-2031F |
6.1.3 Grenada Polystyrene Foam Market Revenues & Volume, By Extruded Polystyrene Foam, 2021-2031F |
6.2 Grenada Polystyrene Foam Market, By End Use Industry |
6.2.1 Overview and Analysis |
6.2.2 Grenada Polystyrene Foam Market Revenues & Volume, By Packaging, 2021-2031F |
6.2.3 Grenada Polystyrene Foam Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.2.4 Grenada Polystyrene Foam Market Revenues & Volume, By Others, 2021-2031F |
7 Grenada Polystyrene Foam Market Import-Export Trade Statistics |
7.1 Grenada Polystyrene Foam Market Export to Major Countries |
7.2 Grenada Polystyrene Foam Market Imports from Major Countries |
8 Grenada Polystyrene Foam Market Key Performance Indicators |
8.1 Recycling rate of polystyrene foam products |
8.2 Adoption rate of sustainable alternatives in the market |
8.3 Number of new construction projects utilizing polystyrene foam insulation |
9 Grenada Polystyrene Foam Market - Opportunity Assessment |
9.1 Grenada Polystyrene Foam Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Grenada Polystyrene Foam Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
10 Grenada Polystyrene Foam Market - Competitive Landscape |
10.1 Grenada Polystyrene Foam Market Revenue Share, By Companies, 2024 |
10.2 Grenada Polystyrene Foam 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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