| Product Code: ETC4660891 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Grenada`s import of thermoforming machines in 2024 continued to be dominated by top exporting countries like the USA, China, Barbados, Metropolitan France, and Puerto Rico. Despite a high Herfindahl-Hirschman Index (HHI) indicating market concentration, the industry experienced a significant decline with a negative compound annual growth rate (CAGR) of -13.27% from 2020 to 2024. The growth rate for 2024 plummeted even further to -66.25%, highlighting potential challenges and shifts in the market dynamics for thermoforming machines 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 Thermoforming Machines Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Thermoforming Machines Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Thermoforming Machines Market - Industry Life Cycle |
3.4 Grenada Thermoforming Machines Market - Porter's Five Forces |
3.5 Grenada Thermoforming Machines Market Revenues & Volume Share, By Machine Type, 2021 & 2031F |
3.6 Grenada Thermoforming Machines Market Revenues & Volume Share, By Packaging Type, 2021 & 2031F |
3.7 Grenada Thermoforming Machines Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.8 Grenada Thermoforming Machines Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Thermoforming Machines Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Thermoforming Machines Market Trends |
6 Grenada Thermoforming Machines Market Segmentations |
6.1 Grenada Thermoforming Machines Market, By Machine Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Thermoforming Machines Market Revenues & Volume, By Automatic, 2021-2031F |
6.1.3 Grenada Thermoforming Machines Market Revenues & Volume, By Semi- Automatic, 2021-2031F |
6.1.4 Grenada Thermoforming Machines Market Revenues & Volume, By Manual, 2021-2031F |
6.2 Grenada Thermoforming Machines Market, By Packaging Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Thermoforming Machines Market Revenues & Volume, By Blister, 2021-2031F |
6.2.3 Grenada Thermoforming Machines Market Revenues & Volume, By Clamshell, 2021-2031F |
6.2.4 Grenada Thermoforming Machines Market Revenues & Volume, By Others, 2021-2031F |
6.3 Grenada Thermoforming Machines Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Grenada Thermoforming Machines Market Revenues & Volume, By Manufacturers, 2021-2031F |
6.3.3 Grenada Thermoforming Machines Market Revenues & Volume, By Distributors, 2021-2031F |
6.3.4 Grenada Thermoforming Machines Market Revenues & Volume, By Others, 2021-2031F |
6.4 Grenada Thermoforming Machines Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Grenada Thermoforming Machines Market Revenues & Volume, By Food & Beverage, 2021-2031F |
6.4.3 Grenada Thermoforming Machines Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.4.4 Grenada Thermoforming Machines Market Revenues & Volume, By Chemical & Fertlizers, 2021-2031F |
6.4.5 Grenada Thermoforming Machines Market Revenues & Volume, By Personal Care & Cosmetics, 2021-2031F |
6.4.6 Grenada Thermoforming Machines Market Revenues & Volume, By Others, 2021-2031F |
7 Grenada Thermoforming Machines Market Import-Export Trade Statistics |
7.1 Grenada Thermoforming Machines Market Export to Major Countries |
7.2 Grenada Thermoforming Machines Market Imports from Major Countries |
8 Grenada Thermoforming Machines Market Key Performance Indicators |
9 Grenada Thermoforming Machines Market - Opportunity Assessment |
9.1 Grenada Thermoforming Machines Market Opportunity Assessment, By Machine Type, 2021 & 2031F |
9.2 Grenada Thermoforming Machines Market Opportunity Assessment, By Packaging Type, 2021 & 2031F |
9.3 Grenada Thermoforming Machines Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.4 Grenada Thermoforming Machines Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Thermoforming Machines Market - Competitive Landscape |
10.1 Grenada Thermoforming Machines Market Revenue Share, By Companies, 2024 |
10.2 Grenada Thermoforming Machines 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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