| Product Code: ETC4650650 | 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 |
In 2024, Grenada continued to import packaging bags primarily from Trinidad and Tobago, China, Vietnam, USA, and the UK. The market remained highly concentrated, with a high Herfindahl-Hirschman Index (HHI). Despite a slight decline in growth rate from 2023 to 2024, the industry still exhibited a healthy Compound Annual Growth Rate (CAGR) of 5.74% over the 4-year period. This suggests steady demand for packaging bags in Grenada, with opportunities for further expansion and diversification in the coming years.
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 Packaging Bags Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Packaging Bags Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Packaging Bags Market - Industry Life Cycle |
3.4 Grenada Packaging Bags Market - Porter's Five Forces |
3.5 Grenada Packaging Bags Market Revenues & Volume Share Segmentations, 2021 & 2031F |
3.6 Grenada Packaging Bags Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Grenada Packaging Bags Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Packaging Bags Market Trends |
6 Grenada Packaging Bags Market Segmentations |
6.1 Grenada Packaging Bags Market Segmentations |
6.1.1 Overview and Analysis |
6.1.2 Grenada Packaging Bags Market Revenues & Volume, By Plastic Bags, 2021-2031F |
6.1.3 Grenada Packaging Bags Market Revenues & Volume, By Paper Bags, 2021-2031F |
6.1.4 Grenada Packaging Bags Market Revenues & Volume, By Side Gusset Bags, 2021-2031F |
6.1.5 Grenada Packaging Bags Market Revenues & Volume, By Non-woven Bags, 2021-2031F |
6.2 Grenada Packaging Bags Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Grenada Packaging Bags Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.2.3 Grenada Packaging Bags Market Revenues & Volume, By Industrial Packaging, 2021-2031F |
6.2.4 Grenada Packaging Bags Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.2.5 Grenada Packaging Bags Market Revenues & Volume, By Personal & Household Care, 2021-2031F |
6.2.6 Grenada Packaging Bags Market Revenues & Volume, By Others, 2021-2031F |
7 Grenada Packaging Bags Market Import-Export Trade Statistics |
7.1 Grenada Packaging Bags Market Export to Major Countries |
7.2 Grenada Packaging Bags Market Imports from Major Countries |
8 Grenada Packaging Bags Market Key Performance Indicators |
9 Grenada Packaging Bags Market - Opportunity Assessment |
9.1 Grenada Packaging Bags Market Opportunity Assessment Segmentations, 2021 & 2031F |
9.2 Grenada Packaging Bags Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Grenada Packaging Bags Market - Competitive Landscape |
10.1 Grenada Packaging Bags Market Revenue Share, By Companies, 2024 |
10.2 Grenada Packaging Bags 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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