Storage Units - Paraguay

  • Paraguay
  • Paraguay's Storage Units market is projected to generate a revenue of €24.5m in 2024.
  • It is anticipated to experience an annual growth rate of 2.45% (CAGR 2024-2029).
  • When compared globally, in China leads the market with a revenue of €8,647.0m in 2024.
  • In terms of per capita revenue, individuals in Paraguay are expected to generate €3.28 in 2024.
  • Looking ahead, the volume of the Storage Units market is forecasted to reach 2.2m pieces units by 2029.
  • In 2025, the market is expected to witness a slight decline in volume growth of 0.9%.
  • On average, each person in Paraguay is expected to utilize 0.3pieces storage units in 2024.
  • "Paraguay's storage unit market is experiencing a surge in demand due to the country's growing e-commerce sector."

Key regions: Brazil, United States, Canada, Germany, China

Marché
Région
Comparaison de régions
Monnaie

Revenue

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Notes: Data was converted from local currencies using average exchange rates of the respective year.

Most recent update: Jun 2024

Source: Statista Market Insights

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Most recent update: Jun 2024

Source: Statista Market Insights

in trillion EUR (€)

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Notes: The chart “Comparable Estimates” shows the forecasted development of the selected market from different sources. Please see the additional information for methodology and publication date.

Most recent update: Feb 2023

Key Players

in percent

2022
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Most recent update: Mar 2024

Source: Statista Market Insights

Volume

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Most recent update: Jun 2024

Source: Statista Market Insights

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Most recent update: Jun 2024

Source: Statista Market Insights

Price

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Most recent update: Jun 2024

Source: Statista Market Insights

Sales Channels

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Most recent update: Mar 2024

Source: Statista Market Insights

Global Comparison

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Most recent update: Jun 2024

Source: Statista Market Insights

Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on consumer spending on electronic and digital devices used privately either for entertainment (televisions, game consoles, smart speakers, etc.), communication (telephones, smartphones, etc.) or home-office activities (printers, copiers, etc.).

Modeling approach:

Market sizes are determined through a bottom-up approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use annual financial reports of the market-leading companies and industry associations, third-party studies and reports, survey results from our primary research (e.g., the Statista Global Consumer Survey), as well as performance factors (e.g., user penetration, price per product, usage). In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, number of internet users, smartphone penetration rate, household number and consumer price index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the S-curve function and exponential trend smoothing are well suited for forecasting electronic products due to the non-linear growth of technology adoption and regular product upgrade. The main drivers are GDP per capita, consumer spending per capita, and 5G penetration rate.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. In some cases, the data is updated on an ad hoc basis (e.g., when new, relevant data has been released or significant changes within the market have an impact on the projected development). GCS data is reweighted for representativeness.

Key Market Indicators

The following Key Market Indicators give an overview of the social and economic outlook of the selected region and provide additional insights into relevant market-specific developments. These indicators, together with data from statistical offices, trade associations and companies serve as the foundation for the Statista market models.

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