Guatemala Candles Market (2025-2031) | Analysis, Pricing Analysis, Competition, Outlook, Consumer Insights, Size, Growth, Demand, Restraints, Supply, Share, Forecast, Drivers, Companies, Investment Trends, Strategic Insights, Challenges, Revenue, Competitive, Trends, Industry, Segmentation, Opportunities, Value, Strategy, Segments

Name: Guatemala Candles Market (2025-2031) | Trends, Outlook & Forecast
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Candles Market, Guatemala Candles Market, Guatemala Candles Market Revenues, Guatemala Candles Market Share, Guatemala Candles Market Size, Guatemala Candles Market Outlook, Guatemala Candles Market Report, Guatemala Candles Market Competition, Guatemala Candles Market Overview, Guatemala Candles Market Trends, Guatemala Candles Market Forecast

Market Forecast By Product Type (Scented Candles, Unscented Candles), By Application (Aromatherapy, Lighting), By Material (Paraffin Wax, Soy Wax), By Scent Type (Lavender, Rose, Unscented) And Competitive Landscape

Product Code: ETC11481383	Publication Date: Apr 2025	Updated Date: Nov 2025	Product Type: Market Research Report
Publisher: 6Wresearch	Author: Bhawna Singh	No. of Pages: 65	No. of Figures: 34	No. of Tables: 19

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

Guatemala`s candle import market continues to be dominated by key players such as China, USA, Mexico, Canada, and Vietnam. The market concentration, as measured by the HHI, has significantly increased from 2023 to 2024, indicating a very high level of concentration among these top exporting countries. Despite a negative growth rate in 2024, the compound annual growth rate (CAGR) from 2020 to 2024 remains impressive at 29.47%, highlighting the overall growth trajectory of the market. This data suggests a competitive landscape and strong demand for candles in Guatemala.

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

Key Highlights of the Report:

Guatemala Candles Market Outlook
Market Size of Guatemala Candles Market, 2024
Forecast of Guatemala Candles Market, 2031
Historical Data and Forecast of Guatemala Candles Revenues & Volume for the Period 2021-2031
Guatemala Candles Market Trend Evolution
Guatemala Candles Market Drivers and Challenges
Guatemala Candles Price Trends
Guatemala Candles Porter's Five Forces
Guatemala Candles Industry Life Cycle
Historical Data and Forecast of Guatemala Candles Market Revenues & Volume By Product Type for the Period 2021-2031
Historical Data and Forecast of Guatemala Candles Market Revenues & Volume By Scented Candles for the Period 2021-2031
Historical Data and Forecast of Guatemala Candles Market Revenues & Volume By Unscented Candles for the Period 2021-2031
Historical Data and Forecast of Guatemala Candles Market Revenues & Volume By Application for the Period 2021-2031
Historical Data and Forecast of Guatemala Candles Market Revenues & Volume By Aromatherapy for the Period 2021-2031
Historical Data and Forecast of Guatemala Candles Market Revenues & Volume By Lighting for the Period 2021-2031
Historical Data and Forecast of Guatemala Candles Market Revenues & Volume By Material for the Period 2021-2031
Historical Data and Forecast of Guatemala Candles Market Revenues & Volume By Paraffin Wax for the Period 2021-2031
Historical Data and Forecast of Guatemala Candles Market Revenues & Volume By Soy Wax for the Period 2021-2031
Historical Data and Forecast of Guatemala Candles Market Revenues & Volume By Scent Type for the Period 2021-2031
Historical Data and Forecast of Guatemala Candles Market Revenues & Volume By Lavender, Rose for the Period 2021-2031
Historical Data and Forecast of Guatemala Candles Market Revenues & Volume By Unscented for the Period 2021-2031
Guatemala Candles Import Export Trade Statistics
Market Opportunity Assessment By Product Type
Market Opportunity Assessment By Application
Market Opportunity Assessment By Material
Market Opportunity Assessment By Scent Type
Guatemala Candles Top Companies Market Share
Guatemala Candles Competitive Benchmarking By Technical and Operational Parameters
Guatemala Candles Company Profiles
Guatemala Candles Key Strategic Recommendations

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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 Candles Market Overview

3.1 Guatemala Country Macro Economic Indicators

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

3.3 Guatemala Candles Market - Industry Life Cycle

3.4 Guatemala Candles Market - Porter's Five Forces

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

3.6 Guatemala Candles Market Revenues & Volume Share, By Application, 2021 & 2031F

3.7 Guatemala Candles Market Revenues & Volume Share, By Material, 2021 & 2031F

3.8 Guatemala Candles Market Revenues & Volume Share, By Scent Type, 2021 & 2031F

4 Guatemala Candles Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Growing demand for decorative and scented candles in Guatemala

4.2.2 Increasing consumer awareness towards eco-friendly and sustainable candle options

4.2.3 Rising popularity of candles for religious and ceremonial purposes in Guatemalan culture

4.3 Market Restraints

4.3.1 Fluctuating prices of raw materials such as wax and fragrances

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

5 Guatemala Candles Market Trends

6 Guatemala Candles Market, By Types

6.1 Guatemala Candles Market, By Product Type

6.1.1 Overview and Analysis

6.1.2 Guatemala Candles Market Revenues & Volume, By Product Type, 2021 - 2031F

6.1.3 Guatemala Candles Market Revenues & Volume, By Scented Candles, 2021 - 2031F

6.1.4 Guatemala Candles Market Revenues & Volume, By Unscented Candles, 2021 - 2031F

6.2 Guatemala Candles Market, By Application

6.2.1 Overview and Analysis

6.2.2 Guatemala Candles Market Revenues & Volume, By Aromatherapy, 2021 - 2031F

6.2.3 Guatemala Candles Market Revenues & Volume, By Lighting, 2021 - 2031F

6.3 Guatemala Candles Market, By Material

6.3.1 Overview and Analysis

6.3.2 Guatemala Candles Market Revenues & Volume, By Paraffin Wax, 2021 - 2031F

6.3.3 Guatemala Candles Market Revenues & Volume, By Soy Wax, 2021 - 2031F

6.4 Guatemala Candles Market, By Scent Type

6.4.1 Overview and Analysis

6.4.2 Guatemala Candles Market Revenues & Volume, By Lavender, Rose, 2021 - 2031F

6.4.3 Guatemala Candles Market Revenues & Volume, By Unscented, 2021 - 2031F

7 Guatemala Candles Market Import-Export Trade Statistics

7.1 Guatemala Candles Market Export to Major Countries

7.2 Guatemala Candles Market Imports from Major Countries

8 Guatemala Candles Market Key Performance Indicators

8.1 Percentage of sales from eco-friendly candle variants

8.2 Number of new product launches in the candle market

8.3 Growth in online sales of candles in Guatemala

9 Guatemala Candles Market - Opportunity Assessment

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

9.2 Guatemala Candles Market Opportunity Assessment, By Application, 2021 & 2031F

9.3 Guatemala Candles Market Opportunity Assessment, By Material, 2021 & 2031F

9.4 Guatemala Candles Market Opportunity Assessment, By Scent Type, 2021 & 2031F

10 Guatemala Candles Market - Competitive Landscape

10.1 Guatemala Candles Market Revenue Share, By Companies, 2024

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

11 Company Profiles

12 Recommendations

13 Disclaimer

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Export potential assessment - trade Analytics for 2030

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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