| Product Code: ETC5396781 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Guatemala`s import market for tags saw a significant increase in concentration levels in 2024, with a high Herfindahl-Hirschman Index (HHI) indicating a more consolidated market. The top countries exporting tags to Guatemala in 2024 were El Salvador, China, Italy, Honduras, and Switzerland. Despite a negative Compound Annual Growth Rate (CAGR) of -8.78% from 2020 to 2024 and a steep decline in growth rate from 2023 to 2024 at -18.95%, these key exporting countries continue to play a prominent role in supplying tags to Guatemala.

By 2027, the Tags market in Guatemala is anticipated to reach a growth rate of 8.04%, as part of an increasingly competitive Latin America region, where Brazil remains at the forefront, supported by Mexico, Argentina, Colombia and Chile, driving innovations and market adoption across sectors.

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 Tags Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Tags Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Tags Market - Industry Life Cycle |
3.4 Guatemala Tags Market - Porter's Five Forces |
3.5 Guatemala Tags Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.6 Guatemala Tags Market Revenues & Volume Share, By Tag Type, 2021 & 2031F |
3.7 Guatemala Tags Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Guatemala Tags Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about the importance of product labeling for authenticity and traceability |
4.2.2 Growing demand for RFID technology for inventory management and supply chain optimization |
4.2.3 Expansion of industries such as retail, healthcare, and manufacturing requiring tagging solutions |
4.3 Market Restraints |
4.3.1 High initial investment cost for implementing tagging solutions |
4.3.2 Lack of standardized regulations and compliance requirements for product labeling |
4.3.3 Limited technological infrastructure and skilled workforce in certain regions of Guatemala |
5 Guatemala Tags Market Trends |
6 Guatemala Tags Market Segmentations |
6.1 Guatemala Tags Market, By Material Type |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Tags Market Revenues & Volume, By Plastic, 2021-2031F |
6.1.3 Guatemala Tags Market Revenues & Volume, By Paper, 2021-2031F |
6.1.4 Guatemala Tags Market Revenues & Volume, By Fibers, 2021-2031F |
6.1.5 Guatemala Tags Market Revenues & Volume, By Others (Metal, etc.), 2021-2031F |
6.2 Guatemala Tags Market, By Tag Type |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Tags Market Revenues & Volume, By RFID Tag, 2021-2031F |
6.2.3 Guatemala Tags Market Revenues & Volume, By Hang/ Swing Tag, 2021-2031F |
6.2.4 Guatemala Tags Market Revenues & Volume, By Loop Tag, 2021-2031F |
6.3 Guatemala Tags Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Guatemala Tags Market Revenues & Volume, By Food & Beverage, 2021-2031F |
6.3.3 Guatemala Tags Market Revenues & Volume, By Clothing & Apparels, 2021-2031F |
6.3.4 Guatemala Tags Market Revenues & Volume, By Hospitality & Travel, 2021-2031F |
6.3.5 Guatemala Tags Market Revenues & Volume, By Beauty & Personal Care, 2021-2031F |
6.3.6 Guatemala Tags Market Revenues & Volume, By Consumer Electronics, 2021-2031F |
6.3.7 Guatemala Tags Market Revenues & Volume, By Others, 2021-2031F |
7 Guatemala Tags Market Import-Export Trade Statistics |
7.1 Guatemala Tags Market Export to Major Countries |
7.2 Guatemala Tags Market Imports from Major Countries |
8 Guatemala Tags Market Key Performance Indicators |
8.1 Percentage increase in adoption of RFID technology in Guatemala |
8.2 Number of new regulations or standards implemented related to product labeling |
8.3 Growth in the number of partnerships between tagging solution providers and industries in Guatemala |
9 Guatemala Tags Market - Opportunity Assessment |
9.1 Guatemala Tags Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.2 Guatemala Tags Market Opportunity Assessment, By Tag Type, 2021 & 2031F |
9.3 Guatemala Tags Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Guatemala Tags Market - Competitive Landscape |
10.1 Guatemala Tags Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Tags 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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