| Product Code: ETC7378153 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Grenada continued to rely heavily on imports of plastic strapping materials, with the USA, UK, Trinidad and Tobago, Areas (not elsewhere specified), and Guyana being the top exporting countries. Despite a significant decline in the Compound Annual Growth Rate (CAGR) from 2020 to 2024, and a sharp drop in the growth rate from 2023 to 2024, the Herfindahl-Hirschman Index (HHI) indicated a very high concentration in the market. This suggests that the plastic strapping materials import market in Grenada remained dominated by a few key suppliers, emphasizing the need for diversification and strategic sourcing in 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 Grenada Plastic Strapping Materials Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Plastic Strapping Materials Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Plastic Strapping Materials Market - Industry Life Cycle |
3.4 Grenada Plastic Strapping Materials Market - Porter's Five Forces |
3.5 Grenada Plastic Strapping Materials Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.6 Grenada Plastic Strapping Materials Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Grenada Plastic Strapping Materials Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Grenada Plastic Strapping Materials Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Plastic Strapping Materials Market Trends |
6 Grenada Plastic Strapping Materials Market, By Types |
6.1 Grenada Plastic Strapping Materials Market, By Material |
6.1.1 Overview and Analysis |
6.1.2 Grenada Plastic Strapping Materials Market Revenues & Volume, By Material, 2021- 2031F |
6.1.3 Grenada Plastic Strapping Materials Market Revenues & Volume, By Polyester, 2021- 2031F |
6.1.4 Grenada Plastic Strapping Materials Market Revenues & Volume, By Composite, 2021- 2031F |
6.1.5 Grenada Plastic Strapping Materials Market Revenues & Volume, By Polypropylene, 2021- 2031F |
6.2 Grenada Plastic Strapping Materials Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Grenada Plastic Strapping Materials Market Revenues & Volume, By Corrugated Boxes, 2021- 2031F |
6.2.3 Grenada Plastic Strapping Materials Market Revenues & Volume, By Heavy Loads, 2021- 2031F |
6.2.4 Grenada Plastic Strapping Materials Market Revenues & Volume, By Skids & Pallets, 2021- 2031F |
6.2.5 Grenada Plastic Strapping Materials Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Grenada Plastic Strapping Materials Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Grenada Plastic Strapping Materials Market Revenues & Volume, By Consumer Electronics, 2021- 2031F |
6.3.3 Grenada Plastic Strapping Materials Market Revenues & Volume, By Building & Construction, 2021- 2031F |
6.3.4 Grenada Plastic Strapping Materials Market Revenues & Volume, By Food & Beverage, 2021- 2031F |
6.3.5 Grenada Plastic Strapping Materials Market Revenues & Volume, By Automotive, 2021- 2031F |
6.3.6 Grenada Plastic Strapping Materials Market Revenues & Volume, By Textile, 2021- 2031F |
6.3.7 Grenada Plastic Strapping Materials Market Revenues & Volume, By Transportation & Logistics, 2021- 2031F |
6.3.8 Grenada Plastic Strapping Materials Market Revenues & Volume, By Other Industrial, 2021- 2031F |
6.3.9 Grenada Plastic Strapping Materials Market Revenues & Volume, By Other Industrial, 2021- 2031F |
7 Grenada Plastic Strapping Materials Market Import-Export Trade Statistics |
7.1 Grenada Plastic Strapping Materials Market Export to Major Countries |
7.2 Grenada Plastic Strapping Materials Market Imports from Major Countries |
8 Grenada Plastic Strapping Materials Market Key Performance Indicators |
9 Grenada Plastic Strapping Materials Market - Opportunity Assessment |
9.1 Grenada Plastic Strapping Materials Market Opportunity Assessment, By Material, 2021 & 2031F |
9.2 Grenada Plastic Strapping Materials Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Grenada Plastic Strapping Materials Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Grenada Plastic Strapping Materials Market - Competitive Landscape |
10.1 Grenada Plastic Strapping Materials Market Revenue Share, By Companies, 2024 |
10.2 Grenada Plastic Strapping Materials 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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