| Product Code: ETC7385518 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Guatemala continued to see a significant influx of area rugs imports, with top exporting countries including India, Iran, USA, Turkey, and China. Despite the high Herfindahl-Hirschman Index (HHI) indicating market concentration, the industry maintained a steady growth with a Compound Annual Growth Rate (CAGR) of 8.24% from 2020 to 2024. However, there was a slight decline in growth rate from 2023 to 2024 at -8.61%, suggesting potential shifts in market dynamics or external factors impacting the import landscape for area rugs 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 Area Rugs Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Area Rugs Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Area Rugs Market - Industry Life Cycle |
3.4 Guatemala Area Rugs Market - Porter's Five Forces |
3.5 Guatemala Area Rugs Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Guatemala Area Rugs Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Guatemala Area Rugs Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Guatemala Area Rugs Market Trends |
6 Guatemala Area Rugs Market, By Types |
6.1 Guatemala Area Rugs Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Area Rugs Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Guatemala Area Rugs Market Revenues & Volume, By Wool Area Rug, 2021- 2031F |
6.1.4 Guatemala Area Rugs Market Revenues & Volume, By Silk Area Rug, 2021- 2031F |
6.1.5 Guatemala Area Rugs Market Revenues & Volume, By Cotton Area Rug, 2021- 2031F |
6.1.6 Guatemala Area Rugs Market Revenues & Volume, By Sisal, 2021- 2031F |
6.1.7 Guatemala Area Rugs Market Revenues & Volume, By Jute and Sea Grass Area Rug, 2021- 2031F |
6.1.8 Guatemala Area Rugs Market Revenues & Volume, By Animal Skins Area Rug, 2021- 2031F |
6.2 Guatemala Area Rugs Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Area Rugs Market Revenues & Volume, By Residential Use, 2021- 2031F |
6.2.3 Guatemala Area Rugs Market Revenues & Volume, By Commercial Use, 2021- 2031F |
7 Guatemala Area Rugs Market Import-Export Trade Statistics |
7.1 Guatemala Area Rugs Market Export to Major Countries |
7.2 Guatemala Area Rugs Market Imports from Major Countries |
8 Guatemala Area Rugs Market Key Performance Indicators |
9 Guatemala Area Rugs Market - Opportunity Assessment |
9.1 Guatemala Area Rugs Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Guatemala Area Rugs Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Guatemala Area Rugs Market - Competitive Landscape |
10.1 Guatemala Area Rugs Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Area Rugs 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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