Guatemala Candle Market (2025-2031) | Growth, Trends, Industry, Companies, Value, Size, Share, Revenue, Outlook, Forecast, Analysis & Segmentation

Market Forecast By Product Type (Votive, Container Candle, Pillars, Tapers, Others), By Wax (Paraffin, Soy Wax, Beeswax, Palm Wax, Others), By Distribution Channel (Offline, Online) And Competitive Landscape
Product Code: ETC5680318 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

Guatemala Candle Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Guatemala`s candle import market saw a significant increase in concentration in 2024, with top exporters being China, USA, Mexico, Canada, and Vietnam. Despite a slight decrease in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) from 2020 to 2024 remained strong at 29.47%. This data indicates a competitive landscape in the Guatemalan candle import market, with key players from various countries vying for market share.

Guatemala Candle Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Candle Market: Guatemala vs Top 5 Major Economies in 2027 (Latin America)


In the Latin America region, the Candle market in Guatemala is projected to expand at a growing growth rate of 8.05% by 2027. The largest economy is Brazil, followed by Mexico, Argentina, Colombia and Chile.

Candle Market: Guatemala vs Top 5 Major Economies in 2027 (Latin America)

Key Highlights of the Report:

  • Guatemala Candle Market Outlook
  • Market Size of Guatemala Candle Market, 2024
  • Forecast of Guatemala Candle Market, 2031
  • Historical Data and Forecast of Guatemala Candle Revenues & Volume for the Period 2021-2031
  • Guatemala Candle Market Trend Evolution
  • Guatemala Candle Market Drivers and Challenges
  • Guatemala Candle Price Trends
  • Guatemala Candle Porter`s Five Forces
  • Guatemala Candle Industry Life Cycle
  • Historical Data and Forecast of Guatemala Candle Market Revenues & Volume By Product Type for the Period 2021-2031
  • Historical Data and Forecast of Guatemala Candle Market Revenues & Volume By Votive for the Period 2021-2031
  • Historical Data and Forecast of Guatemala Candle Market Revenues & Volume By Container Candle for the Period 2021-2031
  • Historical Data and Forecast of Guatemala Candle Market Revenues & Volume By Pillars for the Period 2021-2031
  • Historical Data and Forecast of Guatemala Candle Market Revenues & Volume By Tapers for the Period 2021-2031
  • Historical Data and Forecast of Guatemala Candle Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Guatemala Candle Market Revenues & Volume By Wax for the Period 2021-2031
  • Historical Data and Forecast of Guatemala Candle Market Revenues & Volume By Paraffin for the Period 2021-2031
  • Historical Data and Forecast of Guatemala Candle Market Revenues & Volume By Soy Wax for the Period 2021-2031
  • Historical Data and Forecast of Guatemala Candle Market Revenues & Volume By Beeswax for the Period 2021-2031
  • Historical Data and Forecast of Guatemala Candle Market Revenues & Volume By Palm Wax for the Period 2021-2031
  • Historical Data and Forecast of Guatemala Candle Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of Guatemala Candle Market Revenues & Volume By Distribution Channel for the Period 2021-2031
  • Historical Data and Forecast of Guatemala Candle Market Revenues & Volume By Offline for the Period 2021-2031
  • Historical Data and Forecast of Guatemala Candle Market Revenues & Volume By Online for the Period 2021-2031
  • Guatemala Candle Import Export Trade Statistics
  • Market Opportunity Assessment By Product Type
  • Market Opportunity Assessment By Wax
  • Market Opportunity Assessment By Distribution Channel
  • Guatemala Candle Top Companies Market Share
  • Guatemala Candle Competitive Benchmarking By Technical and Operational Parameters
  • Guatemala Candle Company Profiles
  • Guatemala Candle Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Guatemala Candle Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Guatemala Candle Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Candle Market Overview

3.1 Guatemala Country Macro Economic Indicators

3.2 Guatemala Candle Market Revenues & Volume, 2021 & 2031F

3.3 Guatemala Candle Market - Industry Life Cycle

3.4 Guatemala Candle Market - Porter's Five Forces

3.5 Guatemala Candle Market Revenues & Volume Share, By Product Type, 2021 & 2031F

3.6 Guatemala Candle Market Revenues & Volume Share, By Wax, 2021 & 2031F

3.7 Guatemala Candle Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F

4 Guatemala Candle Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Growing demand for decorative and scented candles in Guatemala for home decor and gifting purposes

4.2.2 Rising awareness about the benefits of aromatherapy and relaxation associated with candle usage

4.2.3 Increasing disposable income levels leading to higher spending on luxury and lifestyle products like candles

4.3 Market Restraints

4.3.1 Fluctuating prices of raw materials such as wax, fragrances, and dyes impacting production costs

4.3.2 Competition from alternative home fragrance products like diffusers and air fresheners

4.3.3 Seasonal demand fluctuations influencing overall market growth

5 Guatemala Candle Market Trends

6 Guatemala Candle Market Segmentations

6.1 Guatemala Candle Market, By Product Type

6.1.1 Overview and Analysis

6.1.2 Guatemala Candle Market Revenues & Volume, By Votive, 2021-2031F

6.1.3 Guatemala Candle Market Revenues & Volume, By Container Candle, 2021-2031F

6.1.4 Guatemala Candle Market Revenues & Volume, By Pillars, 2021-2031F

6.1.5 Guatemala Candle Market Revenues & Volume, By Tapers, 2021-2031F

6.1.6 Guatemala Candle Market Revenues & Volume, By Others, 2021-2031F

6.2 Guatemala Candle Market, By Wax

6.2.1 Overview and Analysis

6.2.2 Guatemala Candle Market Revenues & Volume, By Paraffin, 2021-2031F

6.2.3 Guatemala Candle Market Revenues & Volume, By Soy Wax, 2021-2031F

6.2.4 Guatemala Candle Market Revenues & Volume, By Beeswax, 2021-2031F

6.2.5 Guatemala Candle Market Revenues & Volume, By Palm Wax, 2021-2031F

6.2.6 Guatemala Candle Market Revenues & Volume, By Others, 2021-2031F

6.3 Guatemala Candle Market, By Distribution Channel

6.3.1 Overview and Analysis

6.3.2 Guatemala Candle Market Revenues & Volume, By Offline, 2021-2031F

6.3.3 Guatemala Candle Market Revenues & Volume, By Online, 2021-2031F

7 Guatemala Candle Market Import-Export Trade Statistics

7.1 Guatemala Candle Market Export to Major Countries

7.2 Guatemala Candle Market Imports from Major Countries

8 Guatemala Candle Market Key Performance Indicators

8.1 Average order value per customer in the Guatemala candle market

8.2 Percentage increase in online sales of candles in Guatemala

8.3 Number of new product launches and innovations in the Guatemala candle market

9 Guatemala Candle Market - Opportunity Assessment

9.1 Guatemala Candle Market Opportunity Assessment, By Product Type, 2021 & 2031F

9.2 Guatemala Candle Market Opportunity Assessment, By Wax, 2021 & 2031F

9.3 Guatemala Candle Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F

10 Guatemala Candle Market - Competitive Landscape

10.1 Guatemala Candle Market Revenue Share, By Companies, 2024

10.2 Guatemala Candle Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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