| Product Code: ETC7367232 | 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 |
The cold storage equipment import shipments to Grenada in 2024 continued to see significant growth, with a high Herfindahl-Hirschman Index (HHI) indicating concentrated market dominance. The top exporting countries to Grenada were the USA, Panama, Italy, UK, and Germany, showcasing a diverse range of sources. The impressive Compound Annual Growth Rate (CAGR) of 13.43% from 2020 to 2024 highlights the strengthening demand for cold storage solutions in Grenada. Moreover, the robust growth rate of 29.12% from 2023 to 2024 suggests a rapid expansion in the market, underlining the country`s increasing reliance on imported cold storage equipment.
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 Cold Storage Equipment Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Cold Storage Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Cold Storage Equipment Market - Industry Life Cycle |
3.4 Grenada Cold Storage Equipment Market - Porter's Five Forces |
3.5 Grenada Cold Storage Equipment Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Grenada Cold Storage Equipment Market Revenues & Volume Share, By End-user, 2021 & 2031F |
3.7 Grenada Cold Storage Equipment Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Grenada Cold Storage Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for cold storage solutions due to growth in the food and beverage industry in Grenada |
4.2.2 Government initiatives promoting the adoption of cold storage equipment to reduce food wastage |
4.2.3 Expansion of pharmaceutical and healthcare sectors leading to the need for temperature-controlled storage solutions |
4.3 Market Restraints |
4.3.1 High initial investment required for setting up cold storage facilities in Grenada |
4.3.2 Limited awareness and understanding of the benefits of cold storage equipment among small businesses in the region |
4.3.3 Lack of skilled workforce for operating and maintaining cold storage equipment |
5 Grenada Cold Storage Equipment Market Trends |
6 Grenada Cold Storage Equipment Market, By Types |
6.1 Grenada Cold Storage Equipment Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Cold Storage Equipment Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Grenada Cold Storage Equipment Market Revenues & Volume, By Refrigerator Containers, 2021- 2031F |
6.1.4 Grenada Cold Storage Equipment Market Revenues & Volume, By Blast Freezers, 2021- 2031F |
6.1.5 Grenada Cold Storage Equipment Market Revenues & Volume, By Chillers, 2021- 2031F |
6.1.6 Grenada Cold Storage Equipment Market Revenues & Volume, By Bulk/Mega Cold Stores, 2021- 2031F |
6.1.7 Grenada Cold Storage Equipment Market Revenues & Volume, By Mini Units/Walk-in Cold Stores/Rooms, 2021- 2031F |
6.1.8 Grenada Cold Storage Equipment Market Revenues & Volume, By Inline Pallet and Space Retrievers, 2021- 2031F |
6.2 Grenada Cold Storage Equipment Market, By End-user |
6.2.1 Overview and Analysis |
6.2.2 Grenada Cold Storage Equipment Market Revenues & Volume, By Retail Food Industry, 2021- 2031F |
6.2.3 Grenada Cold Storage Equipment Market Revenues & Volume, By Post-harvest Products, 2021- 2031F |
6.2.4 Grenada Cold Storage Equipment Market Revenues & Volume, By Pharmaceuticals Industry, 2021- 2031F |
6.2.5 Grenada Cold Storage Equipment Market Revenues & Volume, By Hospitality Industry, 2021- 2031F |
6.2.6 Grenada Cold Storage Equipment Market Revenues & Volume, By Horticulture, 2021- 2031F |
6.2.7 Grenada Cold Storage Equipment Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Grenada Cold Storage Equipment Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Grenada Cold Storage Equipment Market Revenues & Volume, By Direct Sales, 2021- 2031F |
6.3.3 Grenada Cold Storage Equipment Market Revenues & Volume, By Indirect Sales, 2021- 2031F |
7 Grenada Cold Storage Equipment Market Import-Export Trade Statistics |
7.1 Grenada Cold Storage Equipment Market Export to Major Countries |
7.2 Grenada Cold Storage Equipment Market Imports from Major Countries |
8 Grenada Cold Storage Equipment Market Key Performance Indicators |
8.1 Average utilization rate of cold storage facilities in Grenada |
8.2 Energy efficiency of cold storage equipment in the market |
8.3 Number of new cold storage facility installations in Grenada per year |
9 Grenada Cold Storage Equipment Market - Opportunity Assessment |
9.1 Grenada Cold Storage Equipment Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Grenada Cold Storage Equipment Market Opportunity Assessment, By End-user, 2021 & 2031F |
9.3 Grenada Cold Storage Equipment Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Grenada Cold Storage Equipment Market - Competitive Landscape |
10.1 Grenada Cold Storage Equipment Market Revenue Share, By Companies, 2024 |
10.2 Grenada Cold Storage Equipment 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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