| Product Code: ETC5331877 | 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 |
The import shipments of water colors into Guatemala have shown significant growth, with a high concentration of imports coming from China, Brazil, Colombia, Mexico, and El Salvador. The market concentration, as measured by the HHI, has increased from high to very high in 2024, indicating a more competitive landscape. The impressive compound annual growth rate (CAGR) of 47.02% from 2020 to 2024 highlights the increasing demand for water colors in Guatemala. The growth rate of 18.45% from 2023 to 2024 suggests a continued upward trajectory for the market in the coming years.

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 Water Color Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Water Color Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Water Color Market - Industry Life Cycle |
3.4 Guatemala Water Color Market - Porter's Five Forces |
3.5 Guatemala Water Color Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Guatemala Water Color Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.7 Guatemala Water Color Market Revenues & Volume Share, By Price Range, 2021 & 2031F |
3.8 Guatemala Water Color Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Guatemala Water Color Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for eco-friendly and non-toxic art supplies |
4.2.2 Growing popularity of art as a form of self-expression and therapy |
4.2.3 Rising disposable income leading to higher spending on art materials |
4.3 Market Restraints |
4.3.1 Price volatility of raw materials used in watercolor production |
4.3.2 Competition from alternative art mediums like digital art |
4.3.3 Limited availability of high-quality watercolor products in the market |
5 Guatemala Water Color Market Trends |
6 Guatemala Water Color Market Segmentations |
6.1 Guatemala Water Color Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Water Color Market Revenues & Volume, By Pure Transparent Watercolors, 2021-2031F |
6.1.3 Guatemala Water Color Market Revenues & Volume, By Semi-Transparent Watercolors, 2021-2031F |
6.1.4 Guatemala Water Color Market Revenues & Volume, By Opaque Watercolors, 2021-2031F |
6.2 Guatemala Water Color Market, By End User |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Water Color Market Revenues & Volume, By Students, 2021-2031F |
6.2.3 Guatemala Water Color Market Revenues & Volume, By Artists/ Professionals, 2021-2031F |
6.3 Guatemala Water Color Market, By Price Range |
6.3.1 Overview and Analysis |
6.3.2 Guatemala Water Color Market Revenues & Volume, By Less than US$ 25, 2021-2031F |
6.3.3 Guatemala Water Color Market Revenues & Volume, By US$ 25 ? ?? US$ 100, 2021-2031F |
6.3.4 Guatemala Water Color Market Revenues & Volume, By US$ 100 ? ?? US$ 200, 2021-2031F |
6.3.5 Guatemala Water Color Market Revenues & Volume, By More than US$ 200, 2021-2031F |
6.4 Guatemala Water Color Market, By Sales Channel |
6.4.1 Overview and Analysis |
6.4.2 Guatemala Water Color Market Revenues & Volume, By Wholesalers/ Distributors, 2021-2031F |
6.4.3 Guatemala Water Color Market Revenues & Volume, By Supermarkets/ Hypermarkets, 2021-2031F |
6.4.4 Guatemala Water Color Market Revenues & Volume, By Specialty Stores, 2021-2031F |
6.4.5 Guatemala Water Color Market Revenues & Volume, By Multi-brand Stores, 2021-2031F |
6.4.6 Guatemala Water Color Market Revenues & Volume, By Online Retailers, 2021-2031F |
6.4.7 Guatemala Water Color Market Revenues & Volume, By Others, 2021-2031F |
7 Guatemala Water Color Market Import-Export Trade Statistics |
7.1 Guatemala Water Color Market Export to Major Countries |
7.2 Guatemala Water Color Market Imports from Major Countries |
8 Guatemala Water Color Market Key Performance Indicators |
8.1 Number of art workshops and classes using watercolors |
8.2 Percentage of art stores stocking a variety of watercolor brands |
8.3 Online search trends for watercolor tutorials and techniques |
8.4 Number of art exhibitions featuring watercolor paintings |
8.5 Growth in the number of social media influencers promoting watercolor products |
9 Guatemala Water Color Market - Opportunity Assessment |
9.1 Guatemala Water Color Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Guatemala Water Color Market Opportunity Assessment, By End User, 2021 & 2031F |
9.3 Guatemala Water Color Market Opportunity Assessment, By Price Range, 2021 & 2031F |
9.4 Guatemala Water Color Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 Guatemala Water Color Market - Competitive Landscape |
10.1 Guatemala Water Color Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Water Color Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |