| Product Code: ETC4906544 | 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 |
Guyana`s apparel import market continues to see strong growth, with a remarkable Compound Annual Growth Rate (CAGR) of 40.24% from 2020 to 2024. In 2024, the market witnessed a surge in concentration levels, with a very high Herfindahl-Hirschman Index (HHI). Key exporting countries to Guyana in 2024 include the USA, China, India, Saudi Arabia, and Panama. This market trend signals increasing competitiveness and potential challenges for market players to differentiate themselves and capture market share effectively. The notable growth rate of 28.33% from 2023 to 2024 indicates a dynamic and rapidly evolving import landscape in Guyana`s apparel sector.

The Apparel market in Guyana is projected to grow at a exponential growth rate of 53.19% by 2027, within the Latin America region led by Brazil, along with other countries like Mexico, Argentina, Colombia and Chile, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

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 Guyana Apparel Market Overview |
3.1 Guyana Country Macro Economic Indicators |
3.2 Guyana Apparel Market Revenues & Volume, 2021 & 2031F |
3.3 Guyana Apparel Market - Industry Life Cycle |
3.4 Guyana Apparel Market - Porter's Five Forces |
3.5 Guyana Apparel Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.6 Guyana Apparel Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Guyana Apparel Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Guyana Apparel Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing disposable income in Guyana leading to increased purchasing power for apparel. |
4.2.2 Rising urban population and changing lifestyles driving demand for fashionable clothing. |
4.2.3 Government initiatives to promote the textile and apparel industry in Guyana. |
4.3 Market Restraints |
4.3.1 Dependence on imported fabrics and materials leading to high production costs. |
4.3.2 Limited domestic manufacturing capabilities impacting the availability and affordability of apparel. |
4.3.3 Seasonal variations and weather conditions affecting consumer demand. |
5 Guyana Apparel Market Trends |
6 Guyana Apparel Market Segmentations |
6.1 Guyana Apparel Market, By End User |
6.1.1 Overview and Analysis |
6.1.2 Guyana Apparel Market Revenues & Volume, By Men, 2021-2031F |
6.1.3 Guyana Apparel Market Revenues & Volume, By Women, 2021-2031F |
6.1.4 Guyana Apparel Market Revenues & Volume, By Kids, 2021-2031F |
6.2 Guyana Apparel Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Guyana Apparel Market Revenues & Volume, By Formal Wear, 2021-2031F |
6.2.3 Guyana Apparel Market Revenues & Volume, By Casual Wear, 2021-2031F |
6.2.4 Guyana Apparel Market Revenues & Volume, By Sports Wear, 2021-2031F |
6.2.5 Guyana Apparel Market Revenues & Volume, By Night Wear, 2021-2031F |
6.2.6 Guyana Apparel Market Revenues & Volume, By Other, 2021-2031F |
6.3 Guyana Apparel Market, By Type |
6.3.1 Overview and Analysis |
6.3.2 Guyana Apparel Market Revenues & Volume, By Formal Wear, 2021-2031F |
6.3.3 Guyana Apparel Market Revenues & Volume, By Casual Wear, 2021-2031F |
6.3.4 Guyana Apparel Market Revenues & Volume, By Sports Wear, 2021-2031F |
6.3.5 Guyana Apparel Market Revenues & Volume, By Night Wear, 2021-2031F |
6.3.6 Guyana Apparel Market Revenues & Volume, By Other, 2021-2031F |
7 Guyana Apparel Market Import-Export Trade Statistics |
7.1 Guyana Apparel Market Export to Major Countries |
7.2 Guyana Apparel Market Imports from Major Countries |
8 Guyana Apparel Market Key Performance Indicators |
8.1 Average revenue per customer in the Guyana apparel market. |
8.2 Percentage of repeat customers indicating brand loyalty and market stability. |
8.3 Online engagement metrics such as website traffic, social media followers, and email open rates as indicators of market interest and growth. |
9 Guyana Apparel Market - Opportunity Assessment |
9.1 Guyana Apparel Market Opportunity Assessment, By End User, 2021 & 2031F |
9.2 Guyana Apparel Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Guyana Apparel Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Guyana Apparel Market - Competitive Landscape |
10.1 Guyana Apparel Market Revenue Share, By Companies, 2024 |
10.2 Guyana Apparel 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