| Product Code: ETC4908804 | 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 see a significant influx of patio umbrellas from top exporters such as China, India, Taiwan, USA, and Italy in 2024. The high concentration of these imports is evident with the sustained high Herfindahl-Hirschman Index (HHI) in the market. With a robust Compound Annual Growth Rate (CAGR) of 43.73% from 2020 to 2024, the industry is on a steady growth trajectory. Additionally, the impressive growth rate of 18.24% from 2023 to 2024 indicates a promising outlook for the patio umbrella import market in Guatemala.

In the Latin America region, the Patio Umbrella market in Guatemala is projected to expand at a growing growth rate of 6.63% 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 Patio Umbrella Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Patio Umbrella Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Patio Umbrella Market - Industry Life Cycle |
3.4 Guatemala Patio Umbrella Market - Porter's Five Forces |
3.5 Guatemala Patio Umbrella Market Revenues & Volume Share, By Size, 2021 & 2031F |
3.6 Guatemala Patio Umbrella Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Guatemala Patio Umbrella Market Revenues & Volume Share, By Base Type, 2021 & 2031F |
3.8 Guatemala Patio Umbrella Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
3.9 Guatemala Patio Umbrella Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Guatemala Patio Umbrella Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in tourism industry in Guatemala, leading to increased demand for patio umbrellas at hotels and resorts. |
4.2.2 Rising disposable income of the middle-class population, driving the sales of patio umbrellas for personal use. |
4.2.3 Government initiatives promoting outdoor leisure activities, boosting the demand for patio umbrellas. |
4.3 Market Restraints |
4.3.1 Seasonality of demand, as patio umbrellas are more in demand during the summer months. |
4.3.2 Competition from alternative shading solutions such as pergolas and awnings. |
5 Guatemala Patio Umbrella Market Trends |
6 Guatemala Patio Umbrella Market Segmentations |
6.1 Guatemala Patio Umbrella Market, By Size |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Patio Umbrella Market Revenues & Volume, By 5 ? ?? 7 Feet, 2021-2031F |
6.1.3 Guatemala Patio Umbrella Market Revenues & Volume, By 5 ? ?? 10 Feet, 2021-2031F |
6.1.4 Guatemala Patio Umbrella Market Revenues & Volume, By > 10.5 Feet, 2021-2031F |
6.2 Guatemala Patio Umbrella Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Patio Umbrella Market Revenues & Volume, By Cantilever, 2021-2031F |
6.2.3 Guatemala Patio Umbrella Market Revenues & Volume, By Commercial, 2021-2031F |
6.2.4 Guatemala Patio Umbrella Market Revenues & Volume, By Rectangular, 2021-2031F |
6.2.5 Guatemala Patio Umbrella Market Revenues & Volume, By Standard Pole, 2021-2031F |
6.2.6 Guatemala Patio Umbrella Market Revenues & Volume, By Tilt, 2021-2031F |
6.2.7 Guatemala Patio Umbrella Market Revenues & Volume, By Others, 2021-2031F |
6.3 Guatemala Patio Umbrella Market, By Base Type |
6.3.1 Overview and Analysis |
6.3.2 Guatemala Patio Umbrella Market Revenues & Volume, By Wood, 2021-2031F |
6.3.3 Guatemala Patio Umbrella Market Revenues & Volume, By Metal, 2021-2031F |
6.3.4 Guatemala Patio Umbrella Market Revenues & Volume, By Plastic, 2021-2031F |
6.4 Guatemala Patio Umbrella Market, By Sales Channel |
6.4.1 Overview and Analysis |
6.4.2 Guatemala Patio Umbrella Market Revenues & Volume, By Specialty Stores, 2021-2031F |
6.4.3 Guatemala Patio Umbrella Market Revenues & Volume, By Online, 2021-2031F |
6.4.4 Guatemala Patio Umbrella Market Revenues & Volume, By Third Party, 2021-2031F |
6.4.5 Guatemala Patio Umbrella Market Revenues & Volume, By Company Website, 2021-2031F |
6.4.6 Guatemala Patio Umbrella Market Revenues & Volume, By Others, 2021-2031F |
6.5 Guatemala Patio Umbrella Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Guatemala Patio Umbrella Market Revenues & Volume, By Commercial, 2021-2031F |
6.5.3 Guatemala Patio Umbrella Market Revenues & Volume, By Residential, 2021-2031F |
7 Guatemala Patio Umbrella Market Import-Export Trade Statistics |
7.1 Guatemala Patio Umbrella Market Export to Major Countries |
7.2 Guatemala Patio Umbrella Market Imports from Major Countries |
8 Guatemala Patio Umbrella Market Key Performance Indicators |
8.1 Average daily rental rates of patio umbrellas at hotels and resorts. |
8.2 Number of outdoor events and festivals in Guatemala utilizing patio umbrellas. |
8.3 Percentage of households owning a patio umbrella. |
9 Guatemala Patio Umbrella Market - Opportunity Assessment |
9.1 Guatemala Patio Umbrella Market Opportunity Assessment, By Size, 2021 & 2031F |
9.2 Guatemala Patio Umbrella Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Guatemala Patio Umbrella Market Opportunity Assessment, By Base Type, 2021 & 2031F |
9.4 Guatemala Patio Umbrella Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
9.5 Guatemala Patio Umbrella Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Guatemala Patio Umbrella Market - Competitive Landscape |
10.1 Guatemala Patio Umbrella Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Patio Umbrella 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.
To discover high-growth global markets and optimize your business strategy:
Click Here