| Product Code: ETC7399804 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Guatemala saw significant growth in plastics import shipments with top countries like China, South Korea, USA, Saudi Arabia, and Vietnam leading the way. The market remained moderately concentrated according to the Herfindahl-Hirschman Index (HHI). With a strong Compound Annual Growth Rate (CAGR) of 9.54% from 2020 to 2024 and a notable growth rate of 16.37% from 2023 to 2024, the plastics import sector in Guatemala is showing resilience and promising opportunities for further expansion.

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 Plastics Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Plastics Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Plastics Market - Industry Life Cycle |
3.4 Guatemala Plastics Market - Porter's Five Forces |
3.5 Guatemala Plastics Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Guatemala Plastics Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Guatemala Plastics Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Guatemala Plastics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for plastic packaging in various industries such as food and beverage, healthcare, and consumer goods. |
4.2.2 Increasing government initiatives to promote the use of recycled plastics and reduce environmental impact. |
4.2.3 Technological advancements leading to the development of innovative plastic products with enhanced properties. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials like crude oil impacting the production costs of plastics. |
4.3.2 Stringent regulations on single-use plastics leading to the need for alternative materials or sustainable practices. |
4.3.3 Competition from other packaging materials like paper, glass, and metal affecting the market share of plastics. |
5 Guatemala Plastics Market Trends |
6 Guatemala Plastics Market, By Types |
6.1 Guatemala Plastics Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Plastics Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Guatemala Plastics Market Revenues & Volume, By Traditional Plastics, 2021- 2031F |
6.1.4 Guatemala Plastics Market Revenues & Volume, By Engineering Plastics, 2021- 2031F |
6.1.5 Guatemala Plastics Market Revenues & Volume, By Bioplastics, 2021- 2031F |
6.2 Guatemala Plastics Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Plastics Market Revenues & Volume, By Injection Molding, 2021- 2031F |
6.2.3 Guatemala Plastics Market Revenues & Volume, By Extrusion Molding, 2021- 2031F |
6.2.4 Guatemala Plastics Market Revenues & Volume, By Blow Molding, 2021- 2031F |
6.2.5 Guatemala Plastics Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Guatemala Plastics Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Guatemala Plastics Market Revenues & Volume, By Packaging, 2021- 2031F |
6.3.3 Guatemala Plastics Market Revenues & Volume, By Electrical and Electronics, 2021- 2031F |
6.3.4 Guatemala Plastics Market Revenues & Volume, By Building and Construction, 2021- 2031F |
6.3.5 Guatemala Plastics Market Revenues & Volume, By Automotive and Transportation, 2021- 2031F |
6.3.6 Guatemala Plastics Market Revenues & Volume, By Furniture and Bedding, 2021- 2031F |
6.3.7 Guatemala Plastics Market Revenues & Volume, By Others, 2021- 2031F |
7 Guatemala Plastics Market Import-Export Trade Statistics |
7.1 Guatemala Plastics Market Export to Major Countries |
7.2 Guatemala Plastics Market Imports from Major Countries |
8 Guatemala Plastics Market Key Performance Indicators |
8.1 Recycling Rate: Percentage of plastic waste recycled in Guatemala, indicating environmental sustainability efforts. |
8.2 Adoption of Biodegradable Plastics: Number of companies using biodegradable plastics as a percentage of the total market, showing a shift towards eco-friendly options. |
8.3 Investment in RD: Amount spent on research and development for new plastic technologies, reflecting innovation and future market growth potential. |
9 Guatemala Plastics Market - Opportunity Assessment |
9.1 Guatemala Plastics Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Guatemala Plastics Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Guatemala Plastics Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Guatemala Plastics Market - Competitive Landscape |
10.1 Guatemala Plastics Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Plastics 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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