| Product Code: ETC7380272 | 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 significant imports of screw closures, with top exporting countries including Barbados, UK, USA, China, and Saint Lucia. The Herfindahl-Hirschman Index (HHI) indicated a high level of market concentration, suggesting limited competition among suppliers. Despite a strong compound annual growth rate (CAGR) of 13.77% from 2020 to 2024, there was a notable decline in growth rate from 2023 to 2024 at -29.1%. This dynamic market trend underscores the importance of monitoring supply chain dynamics and adapting to changing market conditions for stakeholders in the screw closures industry.
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 Screw Closures Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Screw Closures Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Screw Closures Market - Industry Life Cycle |
3.4 Grenada Screw Closures Market - Porter's Five Forces |
3.5 Grenada Screw Closures Market Revenues & Volume Share, By Diameter, 2021 & 2031F |
3.6 Grenada Screw Closures Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.7 Grenada Screw Closures Market Revenues & Volume Share, By Neck Finish, 2021 & 2031F |
3.8 Grenada Screw Closures Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Grenada Screw Closures Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for packaged goods in the food and beverage industry |
4.2.2 Growth in the pharmaceutical sector leading to higher demand for screw closures |
4.2.3 Rising focus on sustainability and eco-friendly packaging solutions |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Intense competition from alternative closure solutions like caps and corks |
5 Grenada Screw Closures Market Trends |
6 Grenada Screw Closures Market, By Types |
6.1 Grenada Screw Closures Market, By Diameter |
6.1.1 Overview and Analysis |
6.1.2 Grenada Screw Closures Market Revenues & Volume, By Diameter, 2021- 2031F |
6.1.3 Grenada Screw Closures Market Revenues & Volume, By 18 mm - 33 mm, 2021- 2031F |
6.1.4 Grenada Screw Closures Market Revenues & Volume, By 36 mm - 53 mm, 2021- 2031F |
6.1.5 Grenada Screw Closures Market Revenues & Volume, By 63 mm - 100 mm, 2021- 2031F |
6.1.6 Grenada Screw Closures Market Revenues & Volume, By Above 100 mm, 2021- 2031F |
6.2 Grenada Screw Closures Market, By Material Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Screw Closures Market Revenues & Volume, By LDPE, 2021- 2031F |
6.2.3 Grenada Screw Closures Market Revenues & Volume, By HDPE, 2021- 2031F |
6.2.4 Grenada Screw Closures Market Revenues & Volume, By Polypropylene, 2021- 2031F |
6.2.5 Grenada Screw Closures Market Revenues & Volume, By Metal, 2021- 2031F |
6.2.6 Grenada Screw Closures Market Revenues & Volume, By Thermoset, 2021- 2031F |
6.2.7 Grenada Screw Closures Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Grenada Screw Closures Market, By Neck Finish |
6.3.1 Overview and Analysis |
6.3.2 Grenada Screw Closures Market Revenues & Volume, By 400 (1 Thread Turn), 2021- 2031F |
6.3.3 Grenada Screw Closures Market Revenues & Volume, By 410 (1.5 Thread Turn), 2021- 2031F |
6.3.4 Grenada Screw Closures Market Revenues & Volume, By 415 (2 Thread Turn), 2021- 2031F |
6.3.5 Grenada Screw Closures Market Revenues & Volume, By 425 (2 Thread Turn), 2021- 2031F |
6.3.6 Grenada Screw Closures Market Revenues & Volume, By Above 430 (More than 2 Thread Turn), 2021- 2031F |
6.4 Grenada Screw Closures Market, By End-use |
6.4.1 Overview and Analysis |
6.4.2 Grenada Screw Closures Market Revenues & Volume, By Beverages, 2021- 2031F |
6.4.3 Grenada Screw Closures Market Revenues & Volume, By Food, 2021- 2031F |
6.4.4 Grenada Screw Closures Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
6.4.5 Grenada Screw Closures Market Revenues & Volume, By Household, 2021- 2031F |
6.4.6 Grenada Screw Closures Market Revenues & Volume, By Cosmetics & Personal Care, 2021- 2031F |
6.4.7 Grenada Screw Closures Market Revenues & Volume, By Others, 2021- 2031F |
7 Grenada Screw Closures Market Import-Export Trade Statistics |
7.1 Grenada Screw Closures Market Export to Major Countries |
7.2 Grenada Screw Closures Market Imports from Major Countries |
8 Grenada Screw Closures Market Key Performance Indicators |
8.1 Percentage of recycled materials used in screw closures manufacturing |
8.2 Number of new product launches utilizing screw closures |
8.3 Customer satisfaction ratings for screw closures in terms of ease of use and reliability |
9 Grenada Screw Closures Market - Opportunity Assessment |
9.1 Grenada Screw Closures Market Opportunity Assessment, By Diameter, 2021 & 2031F |
9.2 Grenada Screw Closures Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.3 Grenada Screw Closures Market Opportunity Assessment, By Neck Finish, 2021 & 2031F |
9.4 Grenada Screw Closures Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Grenada Screw Closures Market - Competitive Landscape |
10.1 Grenada Screw Closures Market Revenue Share, By Companies, 2024 |
10.2 Grenada Screw Closures 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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