| 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`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.

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.

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 |