| Product Code: ETC5727000 | 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 |
Grenada`s thermoforming plastic import market in 2024 saw dominant imports from the USA, China, Trinidad and Tobago, UK, and other areas. Despite a high concentration with a Herfindahl-Hirschman Index (HHI), the market experienced a significant decline with a CAGR of -24.9% from 2020 to 2024. However, there was a positive growth spurt in 2024 with a 6.87% increase from the previous year. The market dynamics suggest a shifting landscape in the thermoforming plastic import sector in Grenada, with potential opportunities for diversification and expansion.
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 Plastic Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Thermoforming Plastic Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Thermoforming Plastic Market - Industry Life Cycle |
3.4 Grenada Thermoforming Plastic Market - Porter's Five Forces |
3.5 Grenada Thermoforming Plastic Market Revenues & Volume Share, By Plastic Type, 2021 & 2031F |
3.6 Grenada Thermoforming Plastic Market Revenues & Volume Share, By Thermoforming Type, 2021 & 2031F |
3.7 Grenada Thermoforming Plastic Market Revenues & Volume Share, By Parts Type, 2021 & 2031F |
4 Grenada Thermoforming Plastic Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for eco-friendly packaging solutions |
4.2.2 Growing preference for lightweight and durable packaging materials |
4.2.3 Technological advancements in thermoforming processes |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Intense competition from other packaging materials such as paper and glass |
5 Grenada Thermoforming Plastic Market Trends |
6 Grenada Thermoforming Plastic Market Segmentations |
6.1 Grenada Thermoforming Plastic Market, By Plastic Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Thermoforming Plastic Market Revenues & Volume, By PP, 2021-2031F |
6.1.3 Grenada Thermoforming Plastic Market Revenues & Volume, By PS, 2021-2031F |
6.1.4 Grenada Thermoforming Plastic Market Revenues & Volume, By PET, 2021-2031F |
6.1.5 Grenada Thermoforming Plastic Market Revenues & Volume, By PE, 2021-2031F |
6.1.6 Grenada Thermoforming Plastic Market Revenues & Volume, By PVC, 2021-2031F |
6.1.7 Grenada Thermoforming Plastic Market Revenues & Volume, By Bio-plastics, 2021-2031F |
6.2 Grenada Thermoforming Plastic Market, By Thermoforming Type |
6.2.1 Overview and Analysis |
6.2.2 Grenada Thermoforming Plastic Market Revenues & Volume, By Vacuum Formed, 2021-2031F |
6.2.3 Grenada Thermoforming Plastic Market Revenues & Volume, By Pressure Formed, 2021-2031F |
6.2.4 Grenada Thermoforming Plastic Market Revenues & Volume, By Mechanical Formed, 2021-2031F |
6.3 Grenada Thermoforming Plastic Market, By Parts Type |
6.3.1 Overview and Analysis |
6.3.2 Grenada Thermoforming Plastic Market Revenues & Volume, By Thin Gauge, 2021-2031F |
6.3.3 Grenada Thermoforming Plastic Market Revenues & Volume, By Thick Gauge, 2021-2031F |
7 Grenada Thermoforming Plastic Market Import-Export Trade Statistics |
7.1 Grenada Thermoforming Plastic Market Export to Major Countries |
7.2 Grenada Thermoforming Plastic Market Imports from Major Countries |
8 Grenada Thermoforming Plastic Market Key Performance Indicators |
8.1 Percentage of recycled content in thermoformed products |
8.2 Adoption rate of innovative thermoforming technologies |
8.3 Number of new product developments using thermoformed plastics |
9 Grenada Thermoforming Plastic Market - Opportunity Assessment |
9.1 Grenada Thermoforming Plastic Market Opportunity Assessment, By Plastic Type, 2021 & 2031F |
9.2 Grenada Thermoforming Plastic Market Opportunity Assessment, By Thermoforming Type, 2021 & 2031F |
9.3 Grenada Thermoforming Plastic Market Opportunity Assessment, By Parts Type, 2021 & 2031F |
10 Grenada Thermoforming Plastic Market - Competitive Landscape |
10.1 Grenada Thermoforming Plastic Market Revenue Share, By Companies, 2024 |
10.2 Grenada Thermoforming Plastic 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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