| Product Code: ETC4776336 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
Guatemala`s handicraft import market saw significant growth from 2020 to 2024, with a notable Compound Annual Growth Rate (CAGR) of 52.11%. However, the market experienced a slight decline in 2024 with a growth rate of -9.11%. The top countries exporting to Guatemala in 2024 were Chile, China, USA, Mexico, and India, showcasing a diverse range of sources. Despite the growth and diversity in imports, the market continues to exhibit high concentration levels, indicating potential challenges and opportunities for market players in the handicraft sector.
The Handicraft market in Guatemala is projected to grow at a stable growth rate of 0.73% by 2027, highlighting the country's increasing focus on advanced technologies within the Latin America region, where Brazil holds the dominant position, followed closely by Mexico, Argentina, Colombia and Chile, shaping overall regional demand.

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 Handicraft Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Handicraft Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Handicraft Market - Industry Life Cycle |
3.4 Guatemala Handicraft Market - Porter's Five Forces |
3.5 Guatemala Handicraft Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Guatemala Handicraft Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
3.7 Guatemala Handicraft Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Guatemala Handicraft Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for unique and authentic handmade products |
4.2.2 Growing awareness and appreciation for traditional Guatemalan craftsmanship |
4.2.3 Rise in tourism leading to higher demand for souvenirs and locally-made handicrafts |
4.3 Market Restraints |
4.3.1 Limited access to markets outside of Guatemala impacting export potential |
4.3.2 Lack of infrastructure and resources for mass production leading to limited scalability |
4.3.3 Competition from mass-produced and cheaper imported goods |
5 Guatemala Handicraft Market Trends |
6 Guatemala Handicraft Market Segmentations |
6.1 Guatemala Handicraft Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Handicraft Market Revenues & Volume, By Woodware, 2021-2031F |
6.1.3 Guatemala Handicraft Market Revenues & Volume, By Art metal Ware, 2021-2031F |
6.1.4 Guatemala Handicraft Market Revenues & Volume, By Handprinted Textiles and Scarves, 2021-2031F |
6.1.5 Guatemala Handicraft Market Revenues & Volume, By Embroidered and Crocheted Goods, 2021-2031F |
6.1.6 Guatemala Handicraft Market Revenues & Volume, By Zari and Zari Goods, 2021-2031F |
6.1.7 Guatemala Handicraft Market Revenues & Volume, By Imitation Jewelry, 2021-2031F |
6.1.9 Guatemala Handicraft Market Revenues & Volume, By Others, 2021-2031F |
6.1.10 Guatemala Handicraft Market Revenues & Volume, By Others, 2021-2031F |
6.2 Guatemala Handicraft Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Handicraft Market Revenues & Volume, By Mass Retailers, 2021-2031F |
6.2.3 Guatemala Handicraft Market Revenues & Volume, By Departmental Stores, 2021-2031F |
6.2.4 Guatemala Handicraft Market Revenues & Volume, By Independent Retailers, 2021-2031F |
6.2.5 Guatemala Handicraft Market Revenues & Volume, By Specialty Stores, 2021-2031F |
6.2.6 Guatemala Handicraft Market Revenues & Volume, By Online Stores, 2021-2031F |
6.2.7 Guatemala Handicraft Market Revenues & Volume, By Others, 2021-2031F |
6.3 Guatemala Handicraft Market, By End-use |
6.3.1 Overview and Analysis |
6.3.2 Guatemala Handicraft Market Revenues & Volume, By Residential, 2021-2031F |
6.3.3 Guatemala Handicraft Market Revenues & Volume, By Commercial, 2021-2031F |
7 Guatemala Handicraft Market Import-Export Trade Statistics |
7.1 Guatemala Handicraft Market Export to Major Countries |
7.2 Guatemala Handicraft Market Imports from Major Countries |
8 Guatemala Handicraft Market Key Performance Indicators |
8.1 Number of tourists visiting Guatemala and purchasing handicrafts |
8.2 Percentage increase in online sales of Guatemalan handicrafts |
8.3 Growth in the number of local artisans and cooperatives |
8.4 Number of partnerships with international retailers to showcase Guatemalan handicrafts |
8.5 Improvement in the average income of artisans involved in the handicraft market. |
9 Guatemala Handicraft Market - Opportunity Assessment |
9.1 Guatemala Handicraft Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Guatemala Handicraft Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
9.3 Guatemala Handicraft Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Guatemala Handicraft Market - Competitive Landscape |
10.1 Guatemala Handicraft Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Handicraft Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |