| Product Code: ETC7380677 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Despite a slight decline in growth rate from 2023 to 2024, Grenada continues to heavily rely on imports of single-use plastic bags, with Trinidad and Tobago, China, Vietnam, USA, and the UK being the top exporting countries in 2024. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, potentially presenting challenges for diversification. However, the compound annual growth rate (CAGR) from 2020 to 2024 suggests a steady overall growth trend in import shipments of single-use plastic bags. Grenada may need to consider strategies for sustainability and reducing dependency on single-use plastics in the long term.
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 Single-Use Plastic Bags Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Single-Use Plastic Bags Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Single-Use Plastic Bags Market - Industry Life Cycle |
3.4 Grenada Single-Use Plastic Bags Market - Porter's Five Forces |
3.5 Grenada Single-Use Plastic Bags Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Grenada Single-Use Plastic Bags Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Grenada Single-Use Plastic Bags Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about environmental issues and the negative impact of plastic pollution |
4.2.2 Government regulations and initiatives to reduce plastic waste and promote sustainable alternatives |
4.2.3 Growing demand for eco-friendly packaging solutions in various industries |
4.3 Market Restraints |
4.3.1 Rising production costs of biodegradable or compostable materials for single-use plastic bags |
4.3.2 Competition from reusable bag alternatives and shifting consumer preferences towards sustainable options |
4.3.3 Negative public perception and backlash against the use of single-use plastic bags |
5 Grenada Single-Use Plastic Bags Market Trends |
6 Grenada Single-Use Plastic Bags Market, By Types |
6.1 Grenada Single-Use Plastic Bags Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Grenada Single-Use Plastic Bags Market Revenues & Volume, By Application, 2021- 2031F |
6.1.3 Grenada Single-Use Plastic Bags Market Revenues & Volume, By Retail and Consumer, 2021- 2031F |
6.1.4 Grenada Single-Use Plastic Bags Market Revenues & Volume, By Industrial and Institutional, 2021- 2031F |
6.2 Grenada Single-Use Plastic Bags Market, By End User |
6.2.1 Overview and Analysis |
6.2.2 Grenada Single-Use Plastic Bags Market Revenues & Volume, By Food and Beverages, 2021- 2031F |
6.2.3 Grenada Single-Use Plastic Bags Market Revenues & Volume, By Personal Care, 2021- 2031F |
6.2.4 Grenada Single-Use Plastic Bags Market Revenues & Volume, By Pharmaceutical, 2021- 2031F |
6.2.5 Grenada Single-Use Plastic Bags Market Revenues & Volume, By Others, 2021- 2031F |
7 Grenada Single-Use Plastic Bags Market Import-Export Trade Statistics |
7.1 Grenada Single-Use Plastic Bags Market Export to Major Countries |
7.2 Grenada Single-Use Plastic Bags Market Imports from Major Countries |
8 Grenada Single-Use Plastic Bags Market Key Performance Indicators |
8.1 Percentage of plastic waste reduction in landfills attributed to the use of biodegradable single-use plastic bags |
8.2 Adoption rate of sustainable packaging solutions by retailers and businesses in Grenada |
8.3 Number of government policies or regulations implemented to restrict or ban single-use plastic bags in the market. |
9 Grenada Single-Use Plastic Bags Market - Opportunity Assessment |
9.1 Grenada Single-Use Plastic Bags Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Grenada Single-Use Plastic Bags Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Grenada Single-Use Plastic Bags Market - Competitive Landscape |
10.1 Grenada Single-Use Plastic Bags Market Revenue Share, By Companies, 2024 |
10.2 Grenada Single-Use Plastic 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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