| Product Code: ETC7373318 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The import shipments of laboratory temperature control units to Grenada in 2024 continued to be dominated by top exporting countries such as USA, UK, Germany, Trinidad and Tobago, and Italy. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), significantly increased from high concentration in 2023 to very high concentration in 2024. The compound annual growth rate (CAGR) for the period 2020-2024 was notably negative at -28.43%, with a steep decline in the growth rate from 2023 to 2024 at -47.99%. These trends indicate a challenging market environment for importers and suppliers in the laboratory temperature control unit sector in 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 Laboratory Temperature Control Units Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Laboratory Temperature Control Units Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Laboratory Temperature Control Units Market - Industry Life Cycle |
3.4 Grenada Laboratory Temperature Control Units Market - Porter's Five Forces |
3.5 Grenada Laboratory Temperature Control Units Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Grenada Laboratory Temperature Control Units Market Revenues & Volume Share, By Modality, 2021 & 2031F |
3.7 Grenada Laboratory Temperature Control Units Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Grenada Laboratory Temperature Control Units Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Grenada Laboratory Temperature Control Units Market Trends |
6 Grenada Laboratory Temperature Control Units Market, By Types |
6.1 Grenada Laboratory Temperature Control Units Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Grenada Laboratory Temperature Control Units Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Grenada Laboratory Temperature Control Units Market Revenues & Volume, By Chillers, 2021- 2031F |
6.1.4 Grenada Laboratory Temperature Control Units Market Revenues & Volume, By Circulators, 2021- 2031F |
6.1.5 Grenada Laboratory Temperature Control Units Market Revenues & Volume, By Temperature Controllers, 2021- 2031F |
6.1.6 Grenada Laboratory Temperature Control Units Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Grenada Laboratory Temperature Control Units Market, By Modality |
6.2.1 Overview and Analysis |
6.2.2 Grenada Laboratory Temperature Control Units Market Revenues & Volume, By Benchtop, 2021- 2031F |
6.2.3 Grenada Laboratory Temperature Control Units Market Revenues & Volume, By Standalone, 2021- 2031F |
6.3 Grenada Laboratory Temperature Control Units Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Grenada Laboratory Temperature Control Units Market Revenues & Volume, By Hospitals, 2021- 2031F |
6.3.3 Grenada Laboratory Temperature Control Units Market Revenues & Volume, By Diagnostic, 2021- 2031F |
6.3.4 Grenada Laboratory Temperature Control Units Market Revenues & Volume, By Laboratories, 2021- 2031F |
6.3.5 Grenada Laboratory Temperature Control Units Market Revenues & Volume, By Pharmaceutical & Biotechnology Companies, 2021- 2031F |
6.3.6 Grenada Laboratory Temperature Control Units Market Revenues & Volume, By Others, 2021- 2031F |
7 Grenada Laboratory Temperature Control Units Market Import-Export Trade Statistics |
7.1 Grenada Laboratory Temperature Control Units Market Export to Major Countries |
7.2 Grenada Laboratory Temperature Control Units Market Imports from Major Countries |
8 Grenada Laboratory Temperature Control Units Market Key Performance Indicators |
9 Grenada Laboratory Temperature Control Units Market - Opportunity Assessment |
9.1 Grenada Laboratory Temperature Control Units Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Grenada Laboratory Temperature Control Units Market Opportunity Assessment, By Modality, 2021 & 2031F |
9.3 Grenada Laboratory Temperature Control Units Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Grenada Laboratory Temperature Control Units Market - Competitive Landscape |
10.1 Grenada Laboratory Temperature Control Units Market Revenue Share, By Companies, 2024 |
10.2 Grenada Laboratory Temperature Control Units 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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