| Product Code: ETC5853750 | 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 |
In 2024, Guatemala continued to see significant import shipments of diving equipment, with top exporting countries including China, USA, Canada, Malaysia, and Italy. Despite the high concentration of market share indicated by the Herfindahl-Hirschman Index (HHI), the industry demonstrated a strong compound annual growth rate (CAGR) of 16.17% from 2020 to 2024. However, there was a slight decline in the growth rate from 2023 to 2024 at -14.11%, highlighting potential shifts in market dynamics or external factors influencing the import trends in the diving equipment sector.

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 Diving Equipment Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Diving Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Diving Equipment Market - Industry Life Cycle |
3.4 Guatemala Diving Equipment Market - Porter's Five Forces |
3.5 Guatemala Diving Equipment Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Guatemala Diving Equipment Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Guatemala Diving Equipment Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Guatemala Diving Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing interest in water sports and outdoor activities in Guatemala. |
4.2.2 Growth in tourism industry leading to higher demand for diving equipment. |
4.2.3 Technological advancements in diving equipment enhancing safety and performance. |
4.3 Market Restraints |
4.3.1 High initial cost associated with purchasing diving equipment. |
4.3.2 Limited awareness and availability of quality diving equipment in Guatemala. |
4.3.3 Environmental concerns leading to regulations on diving activities. |
5 Guatemala Diving Equipment Market Trends |
6 Guatemala Diving Equipment Market Segmentations |
6.1 Guatemala Diving Equipment Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Diving Equipment Market Revenues & Volume, By Rebreather, 2021-2031F |
6.1.3 Guatemala Diving Equipment Market Revenues & Volume, By Exposure Suit, 2021-2031F |
6.1.4 Guatemala Diving Equipment Market Revenues & Volume, By Decompression Chamber, 2021-2031F |
6.2 Guatemala Diving Equipment Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Diving Equipment Market Revenues & Volume, By Commercial, 2021-2031F |
6.2.3 Guatemala Diving Equipment Market Revenues & Volume, By Defense, 2021-2031F |
6.2.4 Guatemala Diving Equipment Market Revenues & Volume, By Civil, 2021-2031F |
6.3 Guatemala Diving Equipment Market, By End-User |
6.3.1 Overview and Analysis |
6.3.2 Guatemala Diving Equipment Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.3.3 Guatemala Diving Equipment Market Revenues & Volume, By Naval, 2021-2031F |
6.3.4 Guatemala Diving Equipment Market Revenues & Volume, By Aquaculture, 2021-2031F |
7 Guatemala Diving Equipment Market Import-Export Trade Statistics |
7.1 Guatemala Diving Equipment Market Export to Major Countries |
7.2 Guatemala Diving Equipment Market Imports from Major Countries |
8 Guatemala Diving Equipment Market Key Performance Indicators |
8.1 Average number of diving certifications issued annually. |
8.2 Percentage increase in diving tourism revenue. |
8.3 Number of diving equipment retailers entering the Guatemalan market. |
9 Guatemala Diving Equipment Market - Opportunity Assessment |
9.1 Guatemala Diving Equipment Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Guatemala Diving Equipment Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Guatemala Diving Equipment Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Guatemala Diving Equipment Market - Competitive Landscape |
10.1 Guatemala Diving Equipment Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Diving Equipment 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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