| Product Code: ETC4905213 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Guatemala`s carpet import market continued to thrive in 2024, with significant contributions from top exporters like India, Iran, Italy, USA, and Turkey. The market remained highly concentrated, indicating a competitive landscape. The impressive Compound Annual Growth Rate (CAGR) of 5.9% from 2020 to 2024 highlights sustained growth and market stability. Notably, the remarkable growth rate of 44.49% from 2023 to 2024 signals a surge in demand or new market trends, making Guatemala an attractive destination for carpet imports.

The Carpet market in Guatemala is projected to grow at a growing growth rate of 7.30% by 2027, within the Latin America region led by Brazil, along with other countries like Mexico, Argentina, Colombia and Chile, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

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 Guatemala Carpet Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Carpet Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Carpet Market - Industry Life Cycle |
3.4 Guatemala Carpet Market - Porter's Five Forces |
3.5 Guatemala Carpet Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Guatemala Carpet Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.7 Guatemala Carpet Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Guatemala Carpet Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for home decor products in Guatemala |
4.2.2 Growing popularity of handmade and artisanal products |
4.2.3 Rising disposable income levels in the region |
4.3 Market Restraints |
4.3.1 High competition from imported carpets and rugs |
4.3.2 Fluctuating raw material prices |
4.3.3 Economic uncertainty impacting consumer spending |
5 Guatemala Carpet Market Trends |
6 Guatemala Carpet Market Segmentations |
6.1 Guatemala Carpet Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Carpet Market Revenues & Volume, By Woven, 2021-2031F |
6.1.3 Guatemala Carpet Market Revenues & Volume, By Knotted, 2021-2031F |
6.1.4 Guatemala Carpet Market Revenues & Volume, By Needle Felt, 2021-2031F |
6.1.5 Guatemala Carpet Market Revenues & Volume, By Tufted, 2021-2031F |
6.2 Guatemala Carpet Market, By Material Type |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Carpet Market Revenues & Volume, By Nylon, 2021-2031F |
6.2.3 Guatemala Carpet Market Revenues & Volume, By Polypropylene, 2021-2031F |
6.2.4 Guatemala Carpet Market Revenues & Volume, By Polyester, 2021-2031F |
6.2.5 Guatemala Carpet Market Revenues & Volume, By Acrylic, 2021-2031F |
6.2.6 Guatemala Carpet Market Revenues & Volume, By Wools & Its Blends, 2021-2031F |
6.3 Guatemala Carpet Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Guatemala Carpet Market Revenues & Volume, By Infrastructure, 2021-2031F |
6.3.3 Guatemala Carpet Market Revenues & Volume, By Residential, 2021-2031F |
6.3.4 Guatemala Carpet Market Revenues & Volume, By Commercial, 2021-2031F |
6.3.5 Guatemala Carpet Market Revenues & Volume, By Industrial, 2021-2031F |
6.3.6 Guatemala Carpet Market Revenues & Volume, By Transportation, 2021-2031F |
6.3.7 Guatemala Carpet Market Revenues & Volume, By Sports & Leisure , 2021-2031F |
7 Guatemala Carpet Market Import-Export Trade Statistics |
7.1 Guatemala Carpet Market Export to Major Countries |
7.2 Guatemala Carpet Market Imports from Major Countries |
8 Guatemala Carpet Market Key Performance Indicators |
8.1 Average selling price of Guatemalan carpets |
8.2 Number of new designs introduced annually |
8.3 Customer satisfaction ratings for Guatemalan carpet manufacturers |
9 Guatemala Carpet Market - Opportunity Assessment |
9.1 Guatemala Carpet Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Guatemala Carpet Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.3 Guatemala Carpet Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Guatemala Carpet Market - Competitive Landscape |
10.1 Guatemala Carpet Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Carpet 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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