The global demand for Umbrella Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020- 2026.
The umbrella is used as a protection against rain and sometimes sunlight. Basically, it consists of a stick with a circular canopy of cloth on a folding metal frame. Usually, the fabric used in a good quality umbrella canopy is nylon taffeta, which comes with an acrylic coating on the underside and scotch-guard type finish on the top of it. Along with this, various types of umbrellas are available in the market, which includes a reverse, straight, folding, and automatic umbrella.
The competitive environment is pushing the key players for new development in the umbrella market, which is propelling the demand. Umbrella is also considered as the fashion accessory is again contributing to the market growth. Along with this, the increasing use of golf umbrella is further fuelling the market growth.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of umbrella.
The entire umbrella market has been sub-categorized into product and application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Reverse Umbrella
- Straight Umbrella
- Folding Umbrella
- Automatic Umbrella
- Commercial Use
- Entertainment Use
This section covers regional segmentation which accentuates on current and future demand for umbrella market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Umbrella Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the umbrella market include Alexander, Cloud Nine Rain Ducky, CrownCoast, GustBuster, Kolumbo Nonbreakable, Lewis N. Clark Travel, London Undercover, RainStoppers, REI, Repel and Others. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.