| Product Code: ETC5030233 | 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 |
In 2024, Guatemala continues to see a strong influx of watches and clocks imports, with top exporters being China, Switzerland, Japan, Philippines, and Mexico. The Herfindahl-Hirschman Index (HHI) indicates a high concentration within the market. The impressive compound annual growth rate (CAGR) of 20.51% from 2020 to 2024 showcases a thriving industry. Moreover, the growth rate of 6.16% from 2023 to 2024 highlights a sustained upward trajectory. Guatemala`s appetite for imported timepieces remains robust, with diverse sources contributing to the market`s vibrancy.

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 Watches and Clocks Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Watches and Clocks Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Watches and Clocks Market - Industry Life Cycle |
3.4 Guatemala Watches and Clocks Market - Porter's Five Forces |
3.5 Guatemala Watches and Clocks Market Revenues & Volume Share Segmentations, 2021 & 2031F |
3.6 Guatemala Watches and Clocks Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Guatemala Watches and Clocks Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing disposable income in Guatemala leading to increased purchasing power for watches and clocks. |
4.2.2 Rising fashion consciousness and preference for accessorizing among consumers in Guatemala. |
4.2.3 Technological advancements in the watch industry leading to innovative products and features. |
4.3 Market Restraints |
4.3.1 Competition from other accessory categories like jewelry and smart wearables. |
4.3.2 Economic instability and fluctuations in currency exchange rates impacting consumer spending on watches and clocks. |
5 Guatemala Watches and Clocks Market Trends |
6 Guatemala Watches and Clocks Market Segmentations |
6.1 Guatemala Watches and Clocks Market Segmentations |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Watches and Clocks Market Revenues & Volume, By Sport Watches, 2021-2031F |
6.1.3 Guatemala Watches and Clocks Market Revenues & Volume, By Luxury Watches, 2021-2031F |
6.1.4 Guatemala Watches and Clocks Market Revenues & Volume, By Diamond Watches, 2021-2031F |
6.1.5 Guatemala Watches and Clocks Market Revenues & Volume, By Alarm Clock, 2021-2031F |
6.1.6 Guatemala Watches and Clocks Market Revenues & Volume, By Wall Clock, 2021-2031F |
6.2 Guatemala Watches and Clocks Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Watches and Clocks Market Revenues & Volume, By Display Time, 2021-2031F |
6.2.3 Guatemala Watches and Clocks Market Revenues & Volume, By Adornment, 2021-2031F |
6.2.4 Guatemala Watches and Clocks Market Revenues & Volume, By Collection, 2021-2031F |
6.2.5 Guatemala Watches and Clocks Market Revenues & Volume, By Other, 2021-2031F |
7 Guatemala Watches and Clocks Market Import-Export Trade Statistics |
7.1 Guatemala Watches and Clocks Market Export to Major Countries |
7.2 Guatemala Watches and Clocks Market Imports from Major Countries |
8 Guatemala Watches and Clocks Market Key Performance Indicators |
8.1 Number of new product launches and technological innovations in the watches and clocks market. |
8.2 Consumer sentiment and trends towards fashion accessories in Guatemala. |
8.3 Percentage of online sales in the watches and clocks market compared to traditional retail channels. |
9 Guatemala Watches and Clocks Market - Opportunity Assessment |
9.1 Guatemala Watches and Clocks Market Opportunity Assessment Segmentations, 2021 & 2031F |
9.2 Guatemala Watches and Clocks Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Guatemala Watches and Clocks Market - Competitive Landscape |
10.1 Guatemala Watches and Clocks Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Watches and Clocks Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |