| Product Code: ETC5325625 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Grenada continued to rely heavily on imports of thermal paper, with the top exporting countries being the USA, Trinidad and Tobago, Italy, Panama, and Barbados. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive compound annual growth rate (CAGR) of 15.36% from 2020 to 2024 underscores the increasing demand for thermal paper in Grenada. However, the slight decline in growth rate from 2023 to 2024 at -4.68% suggests potential challenges or shifts in the market dynamics that importers and stakeholders may need to address.
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 Thermal Paper Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Thermal Paper Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Thermal Paper Market - Industry Life Cycle |
3.4 Grenada Thermal Paper Market - Porter's Five Forces |
3.5 Grenada Thermal Paper Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Thermal Paper Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for printed receipts and labels in retail and hospitality sectors |
4.2.2 Growth in online shopping leading to higher usage of thermal paper for shipping labels and invoices |
4.2.3 Technological advancements in thermal paper manufacturing leading to improved quality and durability |
4.3 Market Restraints |
4.3.1 Environmental concerns related to the use of thermal paper and its disposal |
4.3.2 Competition from digital receipts and invoices impacting the demand for thermal paper |
4.3.3 Fluctuating prices of raw materials affecting production costs |
5 Grenada Thermal Paper Market Trends |
6 Grenada Thermal Paper Market Segmentations |
6.1 Grenada Thermal Paper Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Grenada Thermal Paper Market Revenues & Volume, By Point of Sale (PoS), 2021-2031F |
6.1.3 Grenada Thermal Paper Market Revenues & Volume, By Tags & Labels, 2021-2031F |
6.1.4 Grenada Thermal Paper Market Revenues & Volume, By Lottery & Gaming, 2021-2031F |
6.1.5 Grenada Thermal Paper Market Revenues & Volume, By Others, 2021-2031F |
7 Grenada Thermal Paper Market Import-Export Trade Statistics |
7.1 Grenada Thermal Paper Market Export to Major Countries |
7.2 Grenada Thermal Paper Market Imports from Major Countries |
8 Grenada Thermal Paper Market Key Performance Indicators |
8.1 Energy efficiency of thermal paper production processes |
8.2 Adoption rate of eco-friendly thermal paper products |
8.3 Innovation rate in developing new applications for thermal paper |
9 Grenada Thermal Paper Market - Opportunity Assessment |
9.1 Grenada Thermal Paper Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Thermal Paper Market - Competitive Landscape |
10.1 Grenada Thermal Paper Market Revenue Share, By Companies, 2024 |
10.2 Grenada Thermal Paper 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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