| Product Code: ETC5684574 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Guatemala broom import market continues to thrive in 2024, with top exporting countries including China, USA, Costa Rica, Colombia, and Germany. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the impressive Compound Annual Growth Rate (CAGR) of 25.46% from 2020 to 2024 underscores the sector`s robust expansion. Furthermore, the exceptional growth rate of 67.93% from 2023 to 2024 signals accelerating momentum and promising opportunities for both local businesses and international suppliers in the broom industry.

The Broom market in Guatemala is projected to grow at a growing growth rate of 7.61% 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 Broom Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Broom Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Broom Market - Industry Life Cycle |
3.4 Guatemala Broom Market - Porter's Five Forces |
3.5 Guatemala Broom Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Guatemala Broom Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Guatemala Broom Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about eco-friendly and sustainable products |
4.2.2 Growing demand for handmade and traditional products |
4.2.3 Rising focus on cleanliness and hygiene in households |
4.3 Market Restraints |
4.3.1 Intense competition from synthetic and mass-produced cleaning tools |
4.3.2 Fluctuating raw material prices, such as palm leaves and wood |
4.3.3 Limited access to distribution channels for small-scale broom producers |
5 Guatemala Broom Market Trends |
6 Guatemala Broom Market Segmentations |
6.1 Guatemala Broom Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Broom Market Revenues & Volume, By Angle Broom, 2021-2031F |
6.1.3 Guatemala Broom Market Revenues & Volume, By Corn-fill Broom, 2021-2031F |
6.1.4 Guatemala Broom Market Revenues & Volume, By Push Broom, 2021-2031F |
6.1.5 Guatemala Broom Market Revenues & Volume, By Others, 2021-2031F |
6.2 Guatemala Broom Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Broom Market Revenues & Volume, By Indoor Floor, 2021-2031F |
6.2.3 Guatemala Broom Market Revenues & Volume, By Outdoor Ground, 2021-2031F |
6.2.4 Guatemala Broom Market Revenues & Volume, By Table, 2021-2031F |
6.2.5 Guatemala Broom Market Revenues & Volume, By Others, 2021-2031F |
7 Guatemala Broom Market Import-Export Trade Statistics |
7.1 Guatemala Broom Market Export to Major Countries |
7.2 Guatemala Broom Market Imports from Major Countries |
8 Guatemala Broom Market Key Performance Indicators |
8.1 Percentage of households using eco-friendly cleaning tools |
8.2 Number of local artisans engaged in broom production |
8.3 Average time spent on household cleaning activities |
9 Guatemala Broom Market - Opportunity Assessment |
9.1 Guatemala Broom Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Guatemala Broom Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Guatemala Broom Market - Competitive Landscape |
10.1 Guatemala Broom Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Broom 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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