| Product Code: ETC11298023 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
Guatemala`s watch import market continues to thrive with key shipments coming from leading countries like China, Switzerland, Japan, Philippines, and Austria in 2024. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, suggesting strong competitiveness among these top exporting nations. The impressive Compound Annual Growth Rate (CAGR) of 20.51% from 2020 to 2024 underscores the sustained demand for watches in Guatemala. Additionally, the growth rate of 4.6% in 2024 showcases a positive momentum in the market, reflecting potential opportunities for further expansion and investment.

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 Watch Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Watch Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Watch Market - Industry Life Cycle |
3.4 Guatemala Watch Market - Porter's Five Forces |
3.5 Guatemala Watch Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Guatemala Watch Market Revenues & Volume Share, By Material Used, 2021 & 2031F |
3.7 Guatemala Watch Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Guatemala Watch Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Guatemala Watch Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income of consumers in Guatemala |
4.2.2 Growing popularity of luxury watches among the middle-class segment |
4.2.3 Rising awareness and demand for fashion accessories |
4.2.4 Tourism industry boosting demand for watches as souvenirs |
4.3 Market Restraints |
4.3.1 Economic instability and fluctuations in exchange rates |
4.3.2 Presence of counterfeit watches impacting sales of authentic brands |
4.3.3 Competition from other fashion accessories like jewelry and smartwatches |
5 Guatemala Watch Market Trends |
6 Guatemala Watch Market, By Types |
6.1 Guatemala Watch Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Watch Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Guatemala Watch Market Revenues & Volume, By Analog, 2021 - 2031F |
6.1.4 Guatemala Watch Market Revenues & Volume, By Digital, 2021 - 2031F |
6.1.5 Guatemala Watch Market Revenues & Volume, By Smart, 2021 - 2031F |
6.1.6 Guatemala Watch Market Revenues & Volume, By Luxury, 2021 - 2031F |
6.1.7 Guatemala Watch Market Revenues & Volume, By Hybrid, 2021 - 2031F |
6.2 Guatemala Watch Market, By Material Used |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Watch Market Revenues & Volume, By Stainless Steel, 2021 - 2031F |
6.2.3 Guatemala Watch Market Revenues & Volume, By Plastic, 2021 - 2031F |
6.2.4 Guatemala Watch Market Revenues & Volume, By Silicone, 2021 - 2031F |
6.2.5 Guatemala Watch Market Revenues & Volume, By Gold & Diamonds, 2021 - 2031F |
6.2.6 Guatemala Watch Market Revenues & Volume, By Leather & Metal, 2021 - 2031F |
6.3 Guatemala Watch Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Guatemala Watch Market Revenues & Volume, By Retail, 2021 - 2031F |
6.3.3 Guatemala Watch Market Revenues & Volume, By Sports, 2021 - 2031F |
6.3.4 Guatemala Watch Market Revenues & Volume, By Tech Users, 2021 - 2031F |
6.3.5 Guatemala Watch Market Revenues & Volume, By High-income Consumers, 2021 - 2031F |
6.3.6 Guatemala Watch Market Revenues & Volume, By Professionals, 2021 - 2031F |
6.4 Guatemala Watch Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Guatemala Watch Market Revenues & Volume, By Fashion, 2021 - 2031F |
6.4.3 Guatemala Watch Market Revenues & Volume, By Fitness Tracking, 2021 - 2031F |
6.4.4 Guatemala Watch Market Revenues & Volume, By Wearable Technology, 2021 - 2031F |
6.4.5 Guatemala Watch Market Revenues & Volume, By Status Symbol, 2021 - 2031F |
6.4.6 Guatemala Watch Market Revenues & Volume, By Business Wear, 2021 - 2031F |
7 Guatemala Watch Market Import-Export Trade Statistics |
7.1 Guatemala Watch Market Export to Major Countries |
7.2 Guatemala Watch Market Imports from Major Countries |
8 Guatemala Watch Market Key Performance Indicators |
8.1 Average selling price of watches in Guatemala |
8.2 Number of new watch designs introduced in the market |
8.3 Growth rate of online sales for watches in Guatemala |
8.4 Number of tourists purchasing watches as souvenirs |
8.5 Percentage of consumers who consider watches as a status symbol |
9 Guatemala Watch Market - Opportunity Assessment |
9.1 Guatemala Watch Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Guatemala Watch Market Opportunity Assessment, By Material Used, 2021 & 2031F |
9.3 Guatemala Watch Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Guatemala Watch Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Guatemala Watch Market - Competitive Landscape |
10.1 Guatemala Watch Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Watch 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