| Product Code: ETC4722604 | 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 |
Guatemala`s washing machine import market in 2024 saw a shift in top exporting countries, with Mexico, Thailand, USA, China, and Vietnam leading the pack. Despite a high concentration of market share in 2023, the Herfindahl-Hirschman Index (HHI) remained at a high level in 2024. The impressive compound annual growth rate (CAGR) of 18.23% from 2020 to 2024 indicates a robust market expansion, although the slight decline in growth rate from 2023 to 2024 highlights potential market fluctuations. This data suggests a dynamic and competitive landscape for washing machine imports 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 Washing Machine Market Overview |
3.1 Guatemala Country Macro Economic Indicators |
3.2 Guatemala Washing Machine Market Revenues & Volume, 2021 & 2031F |
3.3 Guatemala Washing Machine Market - Industry Life Cycle |
3.4 Guatemala Washing Machine Market - Porter's Five Forces |
3.5 Guatemala Washing Machine Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Guatemala Washing Machine Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Guatemala Washing Machine Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
3.8 Guatemala Washing Machine Market Revenues & Volume Share, By End-use, 2021 & 2031F |
3.9 Guatemala Washing Machine Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Guatemala Washing Machine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income in Guatemala leading to higher purchasing power for household appliances like washing machines. |
4.2.2 Growing awareness about the importance of hygiene and cleanliness, driving the demand for washing machines. |
4.2.3 Urbanization and changing lifestyle preferences leading to a higher demand for convenient and time-saving appliances like washing machines. |
4.3 Market Restraints |
4.3.1 High initial cost and maintenance expenses associated with purchasing and operating washing machines may limit adoption among lower-income households. |
4.3.2 Limited access to electricity and water supply in some regions of Guatemala may hinder the widespread adoption of washing machines. |
4.3.3 Lack of proper infrastructure for recycling and disposing of old washing machines, leading to environmental concerns and potential backlash. |
5 Guatemala Washing Machine Market Trends |
6 Guatemala Washing Machine Market Segmentations |
6.1 Guatemala Washing Machine Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Guatemala Washing Machine Market Revenues & Volume, By Fully automatic, 2021-2031F |
6.1.3 Guatemala Washing Machine Market Revenues & Volume, By Semi-automatic, 2021-2031F |
6.1.4 Guatemala Washing Machine Market Revenues & Volume, By Dryers, 2021-2031F |
6.2 Guatemala Washing Machine Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Guatemala Washing Machine Market Revenues & Volume, By Smart connected washing machine, 2021-2031F |
6.2.3 Guatemala Washing Machine Market Revenues & Volume, By Conventional washing machine, 2021-2031F |
6.3 Guatemala Washing Machine Market, By Capacity |
6.3.1 Overview and Analysis |
6.3.2 Guatemala Washing Machine Market Revenues & Volume, By Below 6 kg, 2021-2031F |
6.3.3 Guatemala Washing Machine Market Revenues & Volume, By 6.1 to 8 kg, 2021-2031F |
6.3.4 Guatemala Washing Machine Market Revenues & Volume, By Above 8 kg, 2021-2031F |
6.4 Guatemala Washing Machine Market, By End-use |
6.4.1 Overview and Analysis |
6.4.2 Guatemala Washing Machine Market Revenues & Volume, By Commercial, 2021-2031F |
6.4.3 Guatemala Washing Machine Market Revenues & Volume, By Residential, 2021-2031F |
6.5 Guatemala Washing Machine Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Guatemala Washing Machine Market Revenues & Volume, By Healthcare, 2021-2031F |
6.5.3 Guatemala Washing Machine Market Revenues & Volume, By Hospitality, 2021-2031F |
6.5.4 Guatemala Washing Machine Market Revenues & Volume, By Others, 2021-2031F |
7 Guatemala Washing Machine Market Import-Export Trade Statistics |
7.1 Guatemala Washing Machine Market Export to Major Countries |
7.2 Guatemala Washing Machine Market Imports from Major Countries |
8 Guatemala Washing Machine Market Key Performance Indicators |
8.1 Average annual growth rate of household appliance ownership in Guatemala. |
8.2 Percentage of households with access to reliable electricity and water supply. |
8.3 Environmental impact metrics related to the disposal and recycling of washing machines in Guatemala. |
9 Guatemala Washing Machine Market - Opportunity Assessment |
9.1 Guatemala Washing Machine Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Guatemala Washing Machine Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Guatemala Washing Machine Market Opportunity Assessment, By Capacity, 2021 & 2031F |
9.4 Guatemala Washing Machine Market Opportunity Assessment, By End-use, 2021 & 2031F |
9.5 Guatemala Washing Machine Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Guatemala Washing Machine Market - Competitive Landscape |
10.1 Guatemala Washing Machine Market Revenue Share, By Companies, 2024 |
10.2 Guatemala Washing Machine 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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