| Product Code: ETC5033558 | 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 |
Guatemala continues to be a key market for flip flop imports, with top exporters including China, Brazil, Vietnam, Mexico, and El Salvador. The high Herfindahl-Hirschman Index (HHI) in 2024 indicates a concentrated market. The impressive compound annual growth rate (CAGR) of 20.35% from 2020 to 2024 highlights the increasing demand for flip flops in Guatemala. Additionally, the growth rate of 13.27% from 2023 to 2024 suggests a continuing upward trend in import volumes, signaling opportunities for market expansion and competition among exporters.

In the Latin America region, the Flip Flops market in Guatemala is projected to expand at a growing growth rate of 9.37% 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 Flip Flops Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Flip Flops Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Flip Flops Market - Industry Life Cycle |
3.4 Guatemala Flip Flops Market - Porter's Five Forces |
3.5 Guatemala Flip Flops Market Revenues & Volume Share, By Sole Material, 2021 & 2031F |
3.6 Guatemala Flip Flops Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Guatemala Flip Flops Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for comfortable and stylish footwear among consumers in Guatemala |
4.2.2 Increasing popularity of beach and casual lifestyle leading to higher demand for flip flops |
4.2.3 Rising disposable income and changing fashion trends driving the demand for flip flops |
4.3 Market Restraints |
4.3.1 Seasonal demand fluctuations affecting sales of flip flops |
4.3.2 Competition from other types of casual footwear such as sandals and sneakers impacting market growth |
5 Guatemala Flip Flops Market Trends |
6 Guatemala Flip Flops Market Segmentations |
6.1 Guatemala Flip Flops Market, By Sole Material |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Flip Flops Market Revenues & Volume, By EVA Flip Flops, 2021-2031F |
6.1.3 Guatemala Flip Flops Market Revenues & Volume, By PVC Flip Flops, 2021-2031F |
6.1.4 Guatemala Flip Flops Market Revenues & Volume, By Rubber Flip Flops, 2021-2031F |
6.1.5 Guatemala Flip Flops Market Revenues & Volume, By EVA+Rubber Flip Flops, 2021-2031F |
6.1.6 Guatemala Flip Flops Market Revenues & Volume, By Others, 2021-2031F |
6.2 Guatemala Flip Flops Market, By End User |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Flip Flops Market Revenues & Volume, By Women Flip Flops, 2021-2031F |
6.2.3 Guatemala Flip Flops Market Revenues & Volume, By Men Flip Flops, 2021-2031F |
6.2.4 Guatemala Flip Flops Market Revenues & Volume, By Girls Flip Flops, 2021-2031F |
6.2.5 Guatemala Flip Flops Market Revenues & Volume, By Boys Flip Flops, 2021-2031F |
7 Guatemala Flip Flops Market Import-Export Trade Statistics |
7.1 Guatemala Flip Flops Market Export to Major Countries |
7.2 Guatemala Flip Flops Market Imports from Major Countries |
8 Guatemala Flip Flops Market Key Performance Indicators |
8.1 Average selling price of flip flops in the Guatemala market |
8.2 Number of new product launches in the flip flops segment |
8.3 Customer satisfaction ratings for flip flop brands |
8.4 Number of retail outlets stocking flip flops |
8.5 Social media engagement and brand awareness for flip flop brands |
9 Guatemala Flip Flops Market - Opportunity Assessment |
9.1 Guatemala Flip Flops Market Opportunity Assessment, By Sole Material, 2021 & 2031F |
9.2 Guatemala Flip Flops Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Guatemala Flip Flops Market - Competitive Landscape |
10.1 Guatemala Flip Flops Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Flip Flops 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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