Electronics market in Guatemala
The Guatemalan Electronics eCommerce market is predicted to reach US$92.6 million by 2024 and accounts for 23.9% of the total eCommerce market in Guatemala. It is expected to increase over the next years. The expected compound annual growth rate for the next four years (CAGR 2024-2028) will be 5.5%, resulting in a projected market volume of US$114.6 million by 2028. Within the Electronics market ECDB considers the following two sub-markets: Consumer Electronics and Electrical Appliances.
Market development
eCommerce revenue development in the Personal Care Appliances market in Guatemala
The Guatemalan Personal Care Appliances eCommerce market is predicted to reach US$2.6 million by 2024 and accounts for 9.7% of the Electrical Appliances eCommerce market in Guatemala. It is expected to increase over the next years. The expected compound annual growth rate for the next four years (CAGR 2024-2028) will be 6.0%, resulting in a projected market volume of US$3.3 million by 2028. The Personal Care Appliances eCommerce market is a sub-market of the Electrical Appliances market. Further categories within the Electrical Appliances market are: Household Appliances.
eCommerce revenue development in the Personal Care Appliances market in Guatemala
eCommerce revenue growth in the Personal Care Appliances market in Guatemala
Net eCommerce revenue split by sub-category
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | ||||
Growth (in %) | 32.4 | 27.3 | 37.4 | 64.8 | 43.5 | 81.2 | 23.8 | 47.5 | ||||
as of Electrical Appliances (in %) | 13.8 | 14.1 | 14.1 | 14.2 | 13.6 | 13.9 | 13.8 | 13.6 | 13.5 | 13.3 | 13.2 | 13.1 |
Market definition
Definition of the Personal Care Appliances market within the Electronics market
Market definition: Electronics > Electrical Appliances > Personal Care Appliances The category Personal Care Appliances includes the online trade of hair care appliances, electric shavers and razors, electric toothbrushes, and more. This category does not cover make-up brushes. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Hair care Appliances
- Electric shavers and razors
- Electric toothbrushes
- Epilators and hair removal devices
Out-of-scope
- Make-up brushes
Market comparison
The Guatemalan Personal Care Appliances market in a global comparison
Market comparison by growth, online share, and revenue in 2023
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