| Product Code: ETC7380252 | 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 |
The Grenada school bags import market continued to flourish in 2024, with key exporting countries such as the USA, Panama, China, Trinidad and Tobago, and Barbados dominating the shipments. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, fostering strong competition among suppliers. The impressive Compound Annual Growth Rate (CAGR) of 25.37% from 2020 to 2024 underscores the sector`s rapid expansion. Moreover, the robust growth rate of 25.13% in 2024 further highlights the increasing demand for school bags in Grenada, making it a lucrative market for international exporters.
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 School Bags Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada School Bags Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada School Bags Market - Industry Life Cycle |
3.4 Grenada School Bags Market - Porter's Five Forces |
3.5 Grenada School Bags Market Revenues & Volume Share, By Fabric, 2021 & 2031F |
3.6 Grenada School Bags Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Grenada School Bags Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing focus on education and school attendance rates in Grenada |
4.2.2 Growing emphasis on sustainability and eco-friendly products |
4.2.3 Rising disposable income levels and changing consumer preferences towards premium school bags |
4.3 Market Restraints |
4.3.1 Intense competition from established brands and new entrants in the school bags market |
4.3.2 Fluctuating raw material prices impacting production costs |
4.3.3 Challenges in distribution and logistics, especially in reaching remote areas in Grenada |
5 Grenada School Bags Market Trends |
6 Grenada School Bags Market, By Types |
6.1 Grenada School Bags Market, By Fabric |
6.1.1 Overview and Analysis |
6.1.2 Grenada School Bags Market Revenues & Volume, By Fabric, 2021- 2031F |
6.1.3 Grenada School Bags Market Revenues & Volume, By Canvas, 2021- 2031F |
6.1.4 Grenada School Bags Market Revenues & Volume, By Polyesters, 2021- 2031F |
6.1.5 Grenada School Bags Market Revenues & Volume, By Nylon, 2021- 2031F |
6.1.6 Grenada School Bags Market Revenues & Volume, By Leather, 2021- 2031F |
6.2 Grenada School Bags Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Grenada School Bags Market Revenues & Volume, By Offline, 2021- 2031F |
6.2.3 Grenada School Bags Market Revenues & Volume, By Online, 2021- 2031F |
7 Grenada School Bags Market Import-Export Trade Statistics |
7.1 Grenada School Bags Market Export to Major Countries |
7.2 Grenada School Bags Market Imports from Major Countries |
8 Grenada School Bags Market Key Performance Indicators |
8.1 Percentage of school-going children in Grenada using school bags |
8.2 Number of eco-friendly certifications obtained by Grenada school bag manufacturers |
8.3 Average selling price of school bags in Grenada |
8.4 Customer satisfaction ratings for Grenada school bag brands |
8.5 Percentage of online sales growth for Grenada school bags |
9 Grenada School Bags Market - Opportunity Assessment |
9.1 Grenada School Bags Market Opportunity Assessment, By Fabric, 2021 & 2031F |
9.2 Grenada School Bags Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Grenada School Bags Market - Competitive Landscape |
10.1 Grenada School Bags Market Revenue Share, By Companies, 2024 |
10.2 Grenada School Bags 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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