| Product Code: ETC5586419 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The import shipments of parcel sortation systems to Grenada in 2024 show a significant increase in concentration, with the top exporting countries being the USA, China, UK, Trinidad and Tobago, and Germany. The high concentration of the Herfindahl-Hirschman Index (HHI) in 2023 has escalated to very high levels in 2024, indicating a consolidated market. The impressive Compound Annual Growth Rate (CAGR) of 30.62% from 2020 to 2024 reflects a rapidly expanding market. Additionally, the growth rate from 2023 to 2024 stands at 9.43%, highlighting the sustained momentum in the importation of parcel sortation systems 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 Parcel Sortation Systems Market Overview |
3.1 Grenada Country Macro Economic Indicators |
3.2 Grenada Parcel Sortation Systems Market Revenues & Volume, 2021 & 2031F |
3.3 Grenada Parcel Sortation Systems Market - Industry Life Cycle |
3.4 Grenada Parcel Sortation Systems Market - Porter's Five Forces |
3.5 Grenada Parcel Sortation Systems Market Revenues & Volume Share, By Type , 2021 & 2031F |
3.6 Grenada Parcel Sortation Systems Market Revenues & Volume Share, By Offering , 2021 & 2031F |
3.7 Grenada Parcel Sortation Systems Market Revenues & Volume Share, By End User Industry, 2021 & 2031F |
4 Grenada Parcel Sortation Systems Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 E-commerce growth in Grenada leading to increased parcel volumes |
4.2.2 Focus on operational efficiency and cost reduction by logistics companies |
4.2.3 Government initiatives to improve postal and logistics infrastructure |
4.3 Market Restraints |
4.3.1 High initial investment and implementation costs of parcel sortation systems |
4.3.2 Lack of skilled labor and expertise in operating advanced sortation technology |
5 Grenada Parcel Sortation Systems Market Trends |
6 Grenada Parcel Sortation Systems Market Segmentations |
6.1 Grenada Parcel Sortation Systems Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Grenada Parcel Sortation Systems Market Revenues & Volume, By Linear Parcel Sortation Systems, 2021-2031F |
6.1.3 Grenada Parcel Sortation Systems Market Revenues & Volume, By Loop Parcel Sortation Systems, 2021-2031F |
6.2 Grenada Parcel Sortation Systems Market, By Offering |
6.2.1 Overview and Analysis |
6.2.2 Grenada Parcel Sortation Systems Market Revenues & Volume, By Hardware, 2021-2031F |
6.2.3 Grenada Parcel Sortation Systems Market Revenues & Volume, By Software, 2021-2031F |
6.2.4 Grenada Parcel Sortation Systems Market Revenues & Volume, By Services, 2021-2031F |
6.3 Grenada Parcel Sortation Systems Market, By End User Industry |
6.3.1 Overview and Analysis |
6.3.2 Grenada Parcel Sortation Systems Market Revenues & Volume, By Logistics, 2021-2031F |
6.3.3 Grenada Parcel Sortation Systems Market Revenues & Volume, By E-Commerce, 2021-2031F |
6.3.4 Grenada Parcel Sortation Systems Market Revenues & Volume, By Airports, 2021-2031F |
6.3.5 Grenada Parcel Sortation Systems Market Revenues & Volume, By Pharmaceuticals and Medical Supply, 2021-2031F |
6.3.6 Grenada Parcel Sortation Systems Market Revenues & Volume, By Food & Beverages, 2021-2031F |
7 Grenada Parcel Sortation Systems Market Import-Export Trade Statistics |
7.1 Grenada Parcel Sortation Systems Market Export to Major Countries |
7.2 Grenada Parcel Sortation Systems Market Imports from Major Countries |
8 Grenada Parcel Sortation Systems Market Key Performance Indicators |
8.1 Percentage increase in parcel volumes processed through sortation systems |
8.2 Average processing time per parcel |
8.3 Rate of successful deliveries compared to manual sorting |
8.4 Percentage reduction in operational costs due to sortation system implementation |
9 Grenada Parcel Sortation Systems Market - Opportunity Assessment |
9.1 Grenada Parcel Sortation Systems Market Opportunity Assessment, By Type , 2021 & 2031F |
9.2 Grenada Parcel Sortation Systems Market Opportunity Assessment, By Offering , 2021 & 2031F |
9.3 Grenada Parcel Sortation Systems Market Opportunity Assessment, By End User Industry, 2021 & 2031F |
10 Grenada Parcel Sortation Systems Market - Competitive Landscape |
10.1 Grenada Parcel Sortation Systems Market Revenue Share, By Companies, 2024 |
10.2 Grenada Parcel Sortation Systems 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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