The household linen market in Guatemala grew from $48.45 million in 2013 to $106.31 million in 2023. A steady upward trend, despite some fluctuations, is evident, with significant growth from 2015 to 2017. Year-on-year growth highlights include a 24.66% increase in 2016 and a peak CAGR of 13.4% in 2017. However, growth slowed from 2018 onward, with the 2023 market size increasing by 3.01% compared to 2022.
Future trends to watch for include:
- Consumer preference shifting towards sustainable and eco-friendly linen products.
- Impact of economic conditions on disposable income and household spending.
- Potential market expansion due to increasing urbanization and lifestyle changes.
| # | 46 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 14,808,000,000 | 2023 | -6.34% | -5.54% | View data |
| 2 | 2 Japan | 5,580,800,000 | 2023 | +1.17% | -1.02% | View data |
| 3 | 3 Germany | 4,755,900,000 | 2023 | +0.013% | -0.25% | View data |
| 4 | 4 United Kingdom | 3,893,300,000 | 2023 | -0.54% | -0.1% | View data |
| 5 | 5 France | 3,873,000,000 | 2023 | -0.46% | -1.41% | View data |
| 28 | 28 Indonesia | 220,580,000 | 2023 | +3.08% | +3.15% | View data |
| 29 | 29 Croatia | 136,480,000 | 2023 | +4.84% | +0.082% | View data |
| 30 | 30 Guatemala | 106,310,000 | 2023 | +3.01% | +3.58% | |
| 31 | 31 Slovakia | 77,325,000 | 2023 | +0.53% | +1.04% | View data |
| 32 | 32 Morocco | 75,733,000 | 2023 | +2.59% | +2.62% | View data |