| Product Code: ETC7383245 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Grenada continued to heavily rely on vegetable-based inks imports, with key exporters being the USA, Trinidad and Tobago, UK, Lebanon, and Hong Kong. The market showed high concentration levels based on the Herfindahl-Hirschman Index. However, there was a concerning negative compound annual growth rate (CAGR) of -6.99% from 2020 to 2024, with a sharp decline in growth rate from 2023 to 2024 at -22.93%. This indicates a challenging market environment for vegetable-based inks imports in Grenada, requiring a closer look at factors impacting this decline.
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 Vegetable-based Inks Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Vegetable-based Inks Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Vegetable-based Inks Market - Industry Life Cycle |
3.4 Grenada Vegetable-based Inks Market - Porter's Five Forces |
3.5 Grenada Vegetable-based Inks Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Vegetable-based Inks Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Grenada Vegetable-based Inks Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness towards eco-friendly products |
4.2.2 Growing demand for sustainable packaging solutions |
4.2.3 Government regulations promoting the use of environmentally friendly inks |
4.3 Market Restraints |
4.3.1 Higher initial cost compared to conventional inks |
4.3.2 Limited color options and performance capabilities compared to synthetic inks |
5 Grenada Vegetable-based Inks Market Trends |
6 Grenada Vegetable-based Inks Market, By Types |
6.1 Grenada Vegetable-based Inks Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Vegetable-based Inks Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Vegetable-based Inks Market Revenues & Volume, By Soy-based Ink, 2021- 2031F |
6.1.4 Grenada Vegetable-based Inks Market Revenues & Volume, By Linseed Ink, 2021- 2031F |
6.1.5 Grenada Vegetable-based Inks Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Grenada Vegetable-based Inks Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Vegetable-based Inks Market Revenues & Volume, By Label & Packaging, 2021- 2031F |
6.2.3 Grenada Vegetable-based Inks Market Revenues & Volume, By Commercial Printing, 2021- 2031F |
6.2.4 Grenada Vegetable-based Inks Market Revenues & Volume, By Publication, 2021- 2031F |
6.2.5 Grenada Vegetable-based Inks Market Revenues & Volume, By Others, 2021- 2031F |
7 Grenada Vegetable-based Inks Market Import-Export Trade Statistics |
7.1 Grenada Vegetable-based Inks Market Export to Major Countries |
7.2 Grenada Vegetable-based Inks Market Imports from Major Countries |
8 Grenada Vegetable-based Inks Market Key Performance Indicators |
8.1 Percentage of packaging companies using vegetable-based inks |
8.2 Growth in the number of certifications for eco-friendly inks |
8.3 Percentage of consumers willing to pay a premium for sustainable packaging solutions |
8.4 Innovation rate in vegetable-based inks technology adoption |
8.5 Environmental impact reduction achieved by using vegetable-based inks |
9 Grenada Vegetable-based Inks Market - Opportunity Assessment |
9.1 Grenada Vegetable-based Inks Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Vegetable-based Inks Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Grenada Vegetable-based Inks Market - Competitive Landscape |
10.1 Grenada Vegetable-based Inks Market Revenue Share, By Companies, 2024 |
10.2 Grenada Vegetable-based Inks 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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