| Product Code: ETC10901734 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
In 2024, Grenada continued to source its tea bags primarily from the USA, Jamaica, Trinidad and Tobago, and the UK. Despite a decline in the Compound Annual Growth Rate (CAGR) from 2020 to 2024, the market remained heavily concentrated with a high Herfindahl-Hirschman Index (HHI). The significant negative growth rate in 2024 indicates a challenging year for tea bag imports to Grenada. It will be crucial to monitor future trends and potential shifts in sourcing countries to adapt to market dynamics and optimize supply chains.
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 Tea Bags Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Tea Bags Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Tea Bags Market - Industry Life Cycle |
3.4 Grenada Tea Bags Market - Porter's Five Forces |
3.5 Grenada Tea Bags Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Grenada Tea Bags Market Revenues & Volume Share, By Tea Type, 2021 & 2031F |
3.7 Grenada Tea Bags Market Revenues & Volume Share, By Packaging Material, 2021 & 2031F |
3.8 Grenada Tea Bags Market Revenues & Volume Share, By Flavor, 2021 & 2031F |
3.9 Grenada Tea Bags Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Grenada Tea Bags Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Tea Bags Market Trends |
6 Grenada Tea Bags Market, By Types |
6.1 Grenada Tea Bags Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Tea Bags Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Grenada Tea Bags Market Revenues & Volume, By Regular Tea Bags, 2021 - 2031F |
6.1.4 Grenada Tea Bags Market Revenues & Volume, By Pyramid Tea Bags, 2021 - 2031F |
6.1.5 Grenada Tea Bags Market Revenues & Volume, By Compostable Tea Bags, 2021 - 2031F |
6.2 Grenada Tea Bags Market, By Tea Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Tea Bags Market Revenues & Volume, By Black Tea, 2021 - 2031F |
6.2.3 Grenada Tea Bags Market Revenues & Volume, By Green Tea, 2021 - 2031F |
6.2.4 Grenada Tea Bags Market Revenues & Volume, By Herbal Tea, 2021 - 2031F |
6.3 Grenada Tea Bags Market, By Packaging Material |
6.3.1 Overview and Analysis |
6.3.2 Grenada Tea Bags Market Revenues & Volume, By Paper, 2021 - 2031F |
6.3.3 Grenada Tea Bags Market Revenues & Volume, By Nylon, 2021 - 2031F |
6.3.4 Grenada Tea Bags Market Revenues & Volume, By Biodegradable, 2021 - 2031F |
6.4 Grenada Tea Bags Market, By Flavor |
6.4.1 Overview and Analysis |
6.4.2 Grenada Tea Bags Market Revenues & Volume, By Classic, 2021 - 2031F |
6.4.3 Grenada Tea Bags Market Revenues & Volume, By Herbal, 2021 - 2031F |
6.4.4 Grenada Tea Bags Market Revenues & Volume, By Fruity, 2021 - 2031F |
6.5 Grenada Tea Bags Market, By End Use |
6.5.1 Overview and Analysis |
6.5.2 Grenada Tea Bags Market Revenues & Volume, By Household, 2021 - 2031F |
6.5.3 Grenada Tea Bags Market Revenues & Volume, By Cafes & Restaurants, 2021 - 2031F |
6.5.4 Grenada Tea Bags Market Revenues & Volume, By Organic Stores, 2021 - 2031F |
7 Grenada Tea Bags Market Import-Export Trade Statistics |
7.1 Grenada Tea Bags Market Export to Major Countries |
7.2 Grenada Tea Bags Market Imports from Major Countries |
8 Grenada Tea Bags Market Key Performance Indicators |
9 Grenada Tea Bags Market - Opportunity Assessment |
9.1 Grenada Tea Bags Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Grenada Tea Bags Market Opportunity Assessment, By Tea Type, 2021 & 2031F |
9.3 Grenada Tea Bags Market Opportunity Assessment, By Packaging Material, 2021 & 2031F |
9.4 Grenada Tea Bags Market Opportunity Assessment, By Flavor, 2021 & 2031F |
9.5 Grenada Tea Bags Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Grenada Tea Bags Market - Competitive Landscape |
10.1 Grenada Tea Bags Market Revenue Share, By Companies, 2024 |
10.2 Grenada Tea 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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