| Product Code: ETC5825687 | 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 umbrella import market continued to thrive in 2024, with top exporters such as China, USA, Cambodia, India, and Spain dominating the trade landscape. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market structure. The impressive Compound Annual Growth Rate (CAGR) of 17.56% from 2020 to 2024 highlights sustained market expansion. A notable growth rate of 53.38% from 2023 to 2024 suggests a significant uptick in import shipments, showcasing a promising outlook for the umbrella industry in Guatemala.

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 Umbrella Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Umbrella Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Umbrella Market - Industry Life Cycle |
3.4 Guatemala Umbrella Market - Porter's Five Forces |
3.5 Guatemala Umbrella Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Guatemala Umbrella Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Guatemala Umbrella Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about UV protection and skin health |
4.2.2 Growth in tourism industry leading to higher demand for umbrellas |
4.2.3 Rising disposable income and changing lifestyle preferences |
4.3 Market Restraints |
4.3.1 Seasonal demand fluctuations |
4.3.2 Competition from alternative sun protection products |
4.3.3 Economic instability impacting consumer purchasing power |
5 Guatemala Umbrella Market Trends |
6 Guatemala Umbrella Market Segmentations |
6.1 Guatemala Umbrella Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Umbrella Market Revenues & Volume, By Reverse Umbrella, 2021-2031F |
6.1.3 Guatemala Umbrella Market Revenues & Volume, By Straight Umbrella, 2021-2031F |
6.1.4 Guatemala Umbrella Market Revenues & Volume, By Folding Umbrella, 2021-2031F |
6.1.5 Guatemala Umbrella Market Revenues & Volume, By Automatic Umbrella, 2021-2031F |
6.1.6 Guatemala Umbrella Market Revenues & Volume, By Other, 2021-2031F |
6.2 Guatemala Umbrella Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Umbrella Market Revenues & Volume, By Commercial Use, 2021-2031F |
6.2.3 Guatemala Umbrella Market Revenues & Volume, By Entertainment Use, 2021-2031F |
7 Guatemala Umbrella Market Import-Export Trade Statistics |
7.1 Guatemala Umbrella Market Export to Major Countries |
7.2 Guatemala Umbrella Market Imports from Major Countries |
8 Guatemala Umbrella Market Key Performance Indicators |
8.1 Average selling price of umbrellas in the market |
8.2 Number of UV protection umbrellas sold annually |
8.3 Percentage growth in online sales of umbrellas |
8.4 Customer satisfaction ratings for umbrella quality and durability |
8.5 Number of new product innovations in the umbrella market |
9 Guatemala Umbrella Market - Opportunity Assessment |
9.1 Guatemala Umbrella Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Guatemala Umbrella Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Guatemala Umbrella Market - Competitive Landscape |
10.1 Guatemala Umbrella Market Revenue Share, By Companies, 2024 |
10.2 Guatemala 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.
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