| Product Code: ETC7381025 | 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 |
Grenada`s import shipments of snap-on closures in 2024 continue to showcase a high level of concentration, with top exporting countries including Puerto Rico, USA, Trinidad and Tobago, China, and the Dominican Republic. The high Herfindahl-Hirschman Index (HHI) indicates a strong market dominance among these key players. The impressive compound annual growth rate (CAGR) of 12.95% from 2020 to 2024 highlights a thriving market demand. Additionally, the growth rate of 8.26% from 2023 to 2024 suggests sustained momentum and opportunities for further expansion in the snap-on closures sector 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 Snap-on Closures Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Snap-on Closures Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Snap-on Closures Market - Industry Life Cycle |
3.4 Grenada Snap-on Closures Market - Porter's Five Forces |
3.5 Grenada Snap-on Closures Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Snap-on Closures Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Grenada Snap-on Closures Market Revenues & Volume Share, By Closure Type, 2021 & 2031F |
3.8 Grenada Snap-on Closures Market Revenues & Volume Share, By Diameter, 2021 & 2031F |
3.9 Grenada Snap-on Closures Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Grenada Snap-on Closures Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for convenient packaging solutions in the food and beverage industry |
4.2.2 Growing emphasis on sustainability and eco-friendly packaging options |
4.2.3 Technological advancements leading to improved design and functionality of snap-on closures |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Intense competition from alternative closure solutions in the market |
4.3.3 Stringent regulations and standards regarding packaging materials and recycling |
5 Grenada Snap-on Closures Market Trends |
6 Grenada Snap-on Closures Market, By Types |
6.1 Grenada Snap-on Closures Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Snap-on Closures Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Snap-on Closures Market Revenues & Volume, By Bottles, 2021- 2031F |
6.1.4 Grenada Snap-on Closures Market Revenues & Volume, By Tubes, 2021- 2031F |
6.1.5 Grenada Snap-on Closures Market Revenues & Volume, By Jars, 2021- 2031F |
6.1.6 Grenada Snap-on Closures Market Revenues & Volume, By Vials, 2021- 2031F |
6.1.7 Grenada Snap-on Closures Market Revenues & Volume, By Can & Containers, 2021- 2031F |
6.2 Grenada Snap-on Closures Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Grenada Snap-on Closures Market Revenues & Volume, By Polyethylene terephthalate (PET), 2021- 2031F |
6.2.3 Grenada Snap-on Closures Market Revenues & Volume, By Polyvinyl chloride (PVC), 2021- 2031F |
6.2.4 Grenada Snap-on Closures Market Revenues & Volume, By High-density polyethylene (HDPE)), 2021- 2031F |
6.3 Grenada Snap-on Closures Market, By Closure Type |
6.3.1 Overview and Analysis |
6.3.2 Grenada Snap-on Closures Market Revenues & Volume, By Flip Top, 2021- 2031F |
6.3.3 Grenada Snap-on Closures Market Revenues & Volume, By Bottle Stopper, 2021- 2031F |
6.3.4 Grenada Snap-on Closures Market Revenues & Volume, By Twist off Cap, 2021- 2031F |
6.4 Grenada Snap-on Closures Market, By Diameter |
6.4.1 Overview and Analysis |
6.4.2 Grenada Snap-on Closures Market Revenues & Volume, By Up to 24 mm, 2021- 2031F |
6.4.3 Grenada Snap-on Closures Market Revenues & Volume, By 24-34 mm, 2021- 2031F |
6.4.4 Grenada Snap-on Closures Market Revenues & Volume, By 34-44 mm, 2021- 2031F |
6.4.5 Grenada Snap-on Closures Market Revenues & Volume, By Above 44 mm, 2021- 2031F |
6.5 Grenada Snap-on Closures Market, By End-User |
6.5.1 Overview and Analysis |
6.5.2 Grenada Snap-on Closures Market Revenues & Volume, By Liquid soap, 2021- 2031F |
6.5.3 Grenada Snap-on Closures Market Revenues & Volume, By Oil products, 2021- 2031F |
6.5.4 Grenada Snap-on Closures Market Revenues & Volume, By Liquid soap, 2021- 2031F |
6.5.5 Grenada Snap-on Closures Market Revenues & Volume, By Shampoo, 2021- 2031F |
6.5.6 Grenada Snap-on Closures Market Revenues & Volume, By Lotion and Cream, 2021- 2031F |
7 Grenada Snap-on Closures Market Import-Export Trade Statistics |
7.1 Grenada Snap-on Closures Market Export to Major Countries |
7.2 Grenada Snap-on Closures Market Imports from Major Countries |
8 Grenada Snap-on Closures Market Key Performance Indicators |
8.1 Percentage of market penetration in the food and beverage industry |
8.2 Rate of adoption of eco-friendly materials in snap-on closures production |
8.3 Number of patents filed for innovative snap-on closure designs |
8.4 Customer satisfaction scores related to usability and convenience of snap-on closures |
8.5 Percentage of products using snap-on closures in the packaging industry |
9 Grenada Snap-on Closures Market - Opportunity Assessment |
9.1 Grenada Snap-on Closures Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Snap-on Closures Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Grenada Snap-on Closures Market Opportunity Assessment, By Closure Type, 2021 & 2031F |
9.4 Grenada Snap-on Closures Market Opportunity Assessment, By Diameter, 2021 & 2031F |
9.5 Grenada Snap-on Closures Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Grenada Snap-on Closures Market - Competitive Landscape |
10.1 Grenada Snap-on Closures Market Revenue Share, By Companies, 2024 |
10.2 Grenada Snap-on 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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