| Product Code: ETC5362208 | Publication Date: Nov 2023 | Updated Date: Nov 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, Ireland continued to see significant import shipments of modeling paste, with the UK, Belgium, Germany, USA, and Poland emerging as the top exporting countries. The market displayed a high concentration level with a stable Herfindahl-Hirschman Index (HHI). The industry exhibited a strong compound annual growth rate (CAGR) of 13.96% from 2020 to 2024, indicating sustained expansion. Although the growth rate slowed slightly in 2024 compared to the previous year, the market for modeling paste imports in Ireland remains dynamic and promising for the future.

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 Ireland Modeling Paste Market Overview |
3.1 Ireland Country Macro Economic Indicators |
3.2 Ireland Modeling Paste Market Revenues & Volume, 2021 & 2031F |
3.3 Ireland Modeling Paste Market - Industry Life Cycle |
3.4 Ireland Modeling Paste Market - Porter's Five Forces |
3.5 Ireland Modeling Paste Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Ireland Modeling Paste Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Ireland Modeling Paste Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for customized cakes and desserts |
4.2.2 Growing popularity of baking and cake decorating as a hobby |
4.2.3 Rising disposable income leading to higher spending on premium baking products |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials like sugar and flour |
4.3.2 Intense competition from substitute products like ready-made cake decorations |
4.3.3 Regulatory constraints related to food safety and labeling requirements |
5 Ireland Modeling Paste Market Trends |
6 Ireland Modeling Paste Market Segmentations |
6.1 Ireland Modeling Paste Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Ireland Modeling Paste Market Revenues & Volume, By White, 2021-2031F |
6.1.3 Ireland Modeling Paste Market Revenues & Volume, By Red, 2021-2031F |
6.1.4 Ireland Modeling Paste Market Revenues & Volume, By Green, 2021-2031F |
6.1.5 Ireland Modeling Paste Market Revenues & Volume, By Black, 2021-2031F |
6.1.6 Ireland Modeling Paste Market Revenues & Volume, By Others, 2021-2031F |
6.2 Ireland Modeling Paste Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Ireland Modeling Paste Market Revenues & Volume, By Commercial, 2021-2031F |
6.2.3 Ireland Modeling Paste Market Revenues & Volume, By Residential, 2021-2031F |
7 Ireland Modeling Paste Market Import-Export Trade Statistics |
7.1 Ireland Modeling Paste Market Export to Major Countries |
7.2 Ireland Modeling Paste Market Imports from Major Countries |
8 Ireland Modeling Paste Market Key Performance Indicators |
8.1 Number of baking and cake decorating workshops or classes held in Ireland |
8.2 Percentage of households spending on baking supplies and ingredients |
8.3 Number of social media influencers or bloggers promoting modeling paste for cake decorating |
9 Ireland Modeling Paste Market - Opportunity Assessment |
9.1 Ireland Modeling Paste Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Ireland Modeling Paste Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Ireland Modeling Paste Market - Competitive Landscape |
10.1 Ireland Modeling Paste Market Revenue Share, By Companies, 2024 |
10.2 Ireland Modeling Paste 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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