| Product Code: ETC7372141 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Grenada continued to rely on imports of high-density polyethylene plastic pails, with top exporting countries being the USA, Trinidad and Tobago, China, Dominican Republic, and Panama. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, despite a moderate compound annual growth rate (CAGR) of 4.41% from 2020 to 2024. However, there was a significant decline in growth rate from 2023 to 2024, with a -33.16% change. This suggests potential shifts in market dynamics or economic factors impacting the import of these plastic pails to 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 High Density Polyethylene Plastic Pails Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada High Density Polyethylene Plastic Pails Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada High Density Polyethylene Plastic Pails Market - Industry Life Cycle |
3.4 Grenada High Density Polyethylene Plastic Pails Market - Porter's Five Forces |
3.5 Grenada High Density Polyethylene Plastic Pails Market Revenues & Volume Share, By Size, 2021 & 2031F |
3.6 Grenada High Density Polyethylene Plastic Pails Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Grenada High Density Polyethylene Plastic Pails Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for sustainable packaging solutions |
4.2.2 Growing preference for high-density polyethylene plastic pails due to their durability and recyclability |
4.2.3 Expansion of end-use industries such as chemicals, paints, and lubricants that rely on plastic pails for packaging |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Stringent regulations regarding plastic usage and environmental concerns |
4.3.3 Competition from alternative packaging solutions such as metal and paper-based containers |
5 Grenada High Density Polyethylene Plastic Pails Market Trends |
6 Grenada High Density Polyethylene Plastic Pails Market, By Types |
6.1 Grenada High Density Polyethylene Plastic Pails Market, By Size |
6.1.1 Overview and Analysis |
6.1.2 Grenada High Density Polyethylene Plastic Pails Market Revenues & Volume, By Size, 2021- 2031F |
6.1.3 Grenada High Density Polyethylene Plastic Pails Market Revenues & Volume, By Small, 2021- 2031F |
6.1.4 Grenada High Density Polyethylene Plastic Pails Market Revenues & Volume, By Medium, 2021- 2031F |
6.1.5 Grenada High Density Polyethylene Plastic Pails Market Revenues & Volume, By Large, 2021- 2031F |
6.2 Grenada High Density Polyethylene Plastic Pails Market, By End Use |
6.2.1 Overview and Analysis |
6.2.2 Grenada High Density Polyethylene Plastic Pails Market Revenues & Volume, By Paints & Coatings, 2021- 2031F |
6.2.3 Grenada High Density Polyethylene Plastic Pails Market Revenues & Volume, By Polymer, 2021- 2031F |
6.2.4 Grenada High Density Polyethylene Plastic Pails Market Revenues & Volume, By Resins & Adhesives, 2021- 2031F |
7 Grenada High Density Polyethylene Plastic Pails Market Import-Export Trade Statistics |
7.1 Grenada High Density Polyethylene Plastic Pails Market Export to Major Countries |
7.2 Grenada High Density Polyethylene Plastic Pails Market Imports from Major Countries |
8 Grenada High Density Polyethylene Plastic Pails Market Key Performance Indicators |
8.1 Percentage of recycled material used in manufacturing high-density polyethylene plastic pails |
8.2 Energy efficiency in the production process of plastic pails |
8.3 Number of innovations in plastic pail design and technology |
8.4 Customer satisfaction and retention rates for high-density polyethylene plastic pails |
9 Grenada High Density Polyethylene Plastic Pails Market - Opportunity Assessment |
9.1 Grenada High Density Polyethylene Plastic Pails Market Opportunity Assessment, By Size, 2021 & 2031F |
9.2 Grenada High Density Polyethylene Plastic Pails Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Grenada High Density Polyethylene Plastic Pails Market - Competitive Landscape |
10.1 Grenada High Density Polyethylene Plastic Pails Market Revenue Share, By Companies, 2024 |
10.2 Grenada High Density Polyethylene Plastic Pails 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.
To discover high-growth global markets and optimize your business strategy:
Click Here