| Product Code: ETC4797350 | 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`s hand dryer import market saw significant growth with a high Herfindahl-Hirschman Index (HHI) concentration in 2023, which remained high in 2024. The top exporting countries to Guatemala in 2024 were China, Mexico, USA, Taiwan, and France. Despite a notable compound annual growth rate (CAGR) of 27.24% from 2020 to 2024, there was a slight decline in the growth rate from 2023 to 2024 at -8.09%. This indicates a dynamic and competitive market landscape for hand dryers in Guatemala, with key players from various countries contributing to the import shipments.

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 Hand Dryers Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Hand Dryers Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Hand Dryers Market - Industry Life Cycle |
3.4 Guatemala Hand Dryers Market - Porter's Five Forces |
3.5 Guatemala Hand Dryers Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Guatemala Hand Dryers Market Revenues & Volume Share, By Operation Mode, 2021 & 2031F |
3.7 Guatemala Hand Dryers Market Revenues & Volume Share, By Mounting Technique, 2021 & 2031F |
3.8 Guatemala Hand Dryers Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 Guatemala Hand Dryers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing focus on hygiene and sanitation in public places |
4.2.2 Growing awareness about the environmental benefits of using hand dryers over paper towels |
4.2.3 Rising disposable income leading to higher spending on modern amenities like hand dryers |
4.3 Market Restraints |
4.3.1 Initial high cost of installation and maintenance of hand dryers |
4.3.2 Concerns about noise levels and energy consumption of hand dryers |
4.3.3 Resistance from traditional users of paper towels in commercial establishments |
5 Guatemala Hand Dryers Market Trends |
6 Guatemala Hand Dryers Market Segmentations |
6.1 Guatemala Hand Dryers Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Hand Dryers Market Revenues & Volume, By Jet Air, 2021-2031F |
6.1.3 Guatemala Hand Dryers Market Revenues & Volume, By Hot Air, 2021-2031F |
6.2 Guatemala Hand Dryers Market, By Operation Mode |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Hand Dryers Market Revenues & Volume, By Manual On-Automatic Off, 2021-2031F |
6.2.3 Guatemala Hand Dryers Market Revenues & Volume, By Fully Automatic, 2021-2031F |
6.3 Guatemala Hand Dryers Market, By Mounting Technique |
6.3.1 Overview and Analysis |
6.3.2 Guatemala Hand Dryers Market Revenues & Volume, By Surface Mounted, 2021-2031F |
6.3.3 Guatemala Hand Dryers Market Revenues & Volume, By Wall Mounted, 2021-2031F |
6.4 Guatemala Hand Dryers Market, By End-users |
6.4.1 Overview and Analysis |
6.4.2 Guatemala Hand Dryers Market Revenues & Volume, By Airports, 2021-2031F |
6.4.3 Guatemala Hand Dryers Market Revenues & Volume, By Hotel & Restaurants, 2021-2031F |
6.4.4 Guatemala Hand Dryers Market Revenues & Volume, By Hospitals, 2021-2031F |
6.4.5 Guatemala Hand Dryers Market Revenues & Volume, By Offices, 2021-2031F |
6.4.6 Guatemala Hand Dryers Market Revenues & Volume, By Shopping Malls, 2021-2031F |
6.4.7 Guatemala Hand Dryers Market Revenues & Volume, By Others, 2021-2031F |
7 Guatemala Hand Dryers Market Import-Export Trade Statistics |
7.1 Guatemala Hand Dryers Market Export to Major Countries |
7.2 Guatemala Hand Dryers Market Imports from Major Countries |
8 Guatemala Hand Dryers Market Key Performance Indicators |
8.1 Average number of new installations per month |
8.2 Percentage increase in usage of hand dryers in public restrooms year-over-year |
8.3 Customer satisfaction ratings related to the efficiency and reliability of hand dryers |
9 Guatemala Hand Dryers Market - Opportunity Assessment |
9.1 Guatemala Hand Dryers Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Guatemala Hand Dryers Market Opportunity Assessment, By Operation Mode, 2021 & 2031F |
9.3 Guatemala Hand Dryers Market Opportunity Assessment, By Mounting Technique, 2021 & 2031F |
9.4 Guatemala Hand Dryers Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 Guatemala Hand Dryers Market - Competitive Landscape |
10.1 Guatemala Hand Dryers Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Hand Dryers 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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