| Product Code: ETC4959211 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Guatemala eyewear import market continues to thrive with top exporters such as China, Italy, USA, Taiwan, and Colombia dominating the scene in 2024. The market concentration, measured by the Herfindahl-Hirschman Index (HHI), has significantly increased from 2023 to 2024, indicating high competition among the key players. The impressive compound annual growth rate (CAGR) of 9.74% from 2020 to 2024 demonstrates a steady upward trajectory, with a notable growth rate of 23.14% from 2023 to 2024, signaling a strong market demand and potential opportunities for further expansion in the eyewear import sector in Guatemala.

The Eyewear market in Guatemala is projected to grow at a growing growth rate of 9.31% 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 Eyewear Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Eyewear Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Eyewear Market - Industry Life Cycle |
3.4 Guatemala Eyewear Market - Porter's Five Forces |
3.5 Guatemala Eyewear Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Guatemala Eyewear Market Revenues & Volume Share, By Mode of Sale, 2021 & 2031F |
3.7 Guatemala Eyewear Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Guatemala Eyewear Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about eye health and the importance of wearing eyewear |
4.2.2 Growing disposable income among the population in Guatemala |
4.2.3 Fashion trends driving demand for stylish eyewear options |
4.3 Market Restraints |
4.3.1 High import duties on eyewear products leading to increased prices |
4.3.2 Limited access to eye care services in rural areas of Guatemala |
4.3.3 Presence of counterfeit eyewear products affecting consumer trust and market growth |
5 Guatemala Eyewear Market Trends |
6 Guatemala Eyewear Market Segmentations |
6.1 Guatemala Eyewear Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Eyewear Market Revenues & Volume, By Prescription glasses/spectacles, 2021-2031F |
6.1.3 Guatemala Eyewear Market Revenues & Volume, By Sunglasses, 2021-2031F |
6.1.4 Guatemala Eyewear Market Revenues & Volume, By Contact lenses, 2021-2031F |
6.2 Guatemala Eyewear Market, By Mode of Sale |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Eyewear Market Revenues & Volume, By Retail stores, 2021-2031F |
6.2.3 Guatemala Eyewear Market Revenues & Volume, By Online stores, 2021-2031F |
6.3 Guatemala Eyewear Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Guatemala Eyewear Market Revenues & Volume, By Men, 2021-2031F |
6.3.3 Guatemala Eyewear Market Revenues & Volume, By Women, 2021-2031F |
7 Guatemala Eyewear Market Import-Export Trade Statistics |
7.1 Guatemala Eyewear Market Export to Major Countries |
7.2 Guatemala Eyewear Market Imports from Major Countries |
8 Guatemala Eyewear Market Key Performance Indicators |
8.1 Percentage increase in the number of optometry clinics and eye care professionals in Guatemala |
8.2 Growth in the use of digital marketing channels by eyewear brands to reach a wider audience |
8.3 Adoption rate of innovative eyewear technologies such as blue light filtering lenses |
8.4 Number of collaborations between eyewear brands and local influencers to promote eyewear trends |
8.5 Increase in the average spending on eyewear per capita in Guatemala |
9 Guatemala Eyewear Market - Opportunity Assessment |
9.1 Guatemala Eyewear Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Guatemala Eyewear Market Opportunity Assessment, By Mode of Sale, 2021 & 2031F |
9.3 Guatemala Eyewear Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Guatemala Eyewear Market - Competitive Landscape |
10.1 Guatemala Eyewear Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Eyewear 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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