| Product Code: ETC7398542 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Guatemala outdoor candle import market continues to see strong growth, with a high concentration of imports from top countries such as China, USA, Mexico, Canada, and Vietnam. The market experienced a significant increase in concentration from 2023 to 2024, indicating a competitive landscape among these key exporters. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period of 2020-2024 remains impressive at 29.47%, suggesting sustained demand for outdoor candles in Guatemala. Market players should closely monitor the evolving dynamics to capitalize on emerging opportunities in this market segment.

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 Outdoor Candle Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Outdoor Candle Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Outdoor Candle Market - Industry Life Cycle |
3.4 Guatemala Outdoor Candle Market - Porter's Five Forces |
3.5 Guatemala Outdoor Candle Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Guatemala Outdoor Candle Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Guatemala Outdoor Candle Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing popularity of outdoor living spaces in Guatemala |
4.2.2 Increasing focus on ambiance and decor in outdoor settings |
4.2.3 Rising demand for eco-friendly and sustainable outdoor products |
4.3 Market Restraints |
4.3.1 Seasonal fluctuations in demand for outdoor candles |
4.3.2 Competition from alternative outdoor lighting products |
4.3.3 Regulatory challenges related to environmental impact and safety standards |
5 Guatemala Outdoor Candle Market Trends |
6 Guatemala Outdoor Candle Market, By Types |
6.1 Guatemala Outdoor Candle Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Outdoor Candle Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Guatemala Outdoor Candle Market Revenues & Volume, By Paraffin Wax, 2021- 2031F |
6.1.4 Guatemala Outdoor Candle Market Revenues & Volume, By Soy Wax, 2021- 2031F |
6.1.5 Guatemala Outdoor Candle Market Revenues & Volume, By Bees Wax, 2021- 2031F |
6.1.6 Guatemala Outdoor Candle Market Revenues & Volume, By Palm Wax, 2021- 2031F |
6.1.7 Guatemala Outdoor Candle Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Guatemala Outdoor Candle Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Outdoor Candle Market Revenues & Volume, By Online, 2021- 2031F |
6.2.3 Guatemala Outdoor Candle Market Revenues & Volume, By Offline, 2021- 2031F |
7 Guatemala Outdoor Candle Market Import-Export Trade Statistics |
7.1 Guatemala Outdoor Candle Market Export to Major Countries |
7.2 Guatemala Outdoor Candle Market Imports from Major Countries |
8 Guatemala Outdoor Candle Market Key Performance Indicators |
8.1 Percentage of consumers using outdoor candles in their outdoor living spaces |
8.2 Number of eco-friendly outdoor candle offerings in the market |
8.3 Growth in online searches for outdoor candle-related keywords |
9 Guatemala Outdoor Candle Market - Opportunity Assessment |
9.1 Guatemala Outdoor Candle Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Guatemala Outdoor Candle Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Guatemala Outdoor Candle Market - Competitive Landscape |
10.1 Guatemala Outdoor Candle Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Outdoor Candle 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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