| 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 |