Guatemala Cosmetics Industry Outlook 2022 - 2026

Key Market Indicators

The cosmetics import and export market in Guatemala is on the rise. In 2021, the value of imports reached around $440 million, a 2.1% increase year-on-year. This made Guatemala the 51st largest importer in the world, with New Zealand surpassing it by a small margin. The top three importers in the country were China, Germany and the UK. On the other hand, the export of cosmetics from Guatemala is also increasing. In 2021, the value of exports was around $185 million, a 1.6% increase from the previous year. This made Guatemala the 49th largest exporter of cosmetics in the world, with Luxembourg taking the lead. The top three exporters in the country were the US, Germany and Ireland. Since 1998, Guatemalan demand and supply have both grown by an average rate of 3.1% and 2.3%, respectively.

Guatemala Cosmetics Market Data and Forecasts

Improve your Knowledge with the latest Indicators and Trends

• Cosmetics: An In-depth Look into Industry Forecasts and Premium Market Trends

  The cosmetics industry exhibits an unsurprising upward trajectory projected into the near future. This growth trend can primarily be credited to evolving consumer preferences, and more specifically, a rising affinity for premium products. An unprecedented focus on wellness and personal care explains a significant portion of this increased demand for...

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• Colour Cosmetics: Exploring Global Opportunities and Emerging Trends

  A comprehensive analysis of this particular market segment reveals expanding global opportunities. Among them, the Asia-Pacific region demonstrates robust potential, shown by its increasing consumer demographic with a growing appetite for premium products. Another opportunity emerges from increasing environmental consciousness. Consumers are exhibiting preferences for eco-friendly products, paving the way...

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• Make-Up Industry: Unveiling Future Trends in Nail and Eye Segment Analysis

  The nail make-up segment is experiencing substantial growth. This trend is largely fueled by consumer desire for personalization and self-expression. Technologies such as 3D printing allow for unique and intricate nail designs, attracting a younger generation of consumers. The expansion of product line-ups by companies with innovations like nail-strengthening varnishes...

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• Cosmetic Ingredients Market: Unmasking Trends, Opportunities, and Competitive Analysis

  Fundamental to any astute examination of market trends is the role of demand and supply dynamics. As consumers are becoming ever more conscientious in their choices, a strong preference for natural and organic cosmetic ingredients has emerged. This desire for safer, more effective, and environmentally friendly products is driving innovation...

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• Cosmetics: Multiple Market Perspectives - Future Trends, Competition, and Growth Opportunities

  By taking into account fast-evolving consumer preferences, socio-economic cues and advancements in technology, the cosmetic industry is experiencing a paradigm shift. The demand for natural, organic products is growing significantly, fueled by increasing health consciousness amongst consumers globally. Moreover, a consistent uptick in online sales is radically transforming distribution channels....

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