Report Update Nov 1, 2024

India - Umbrellas and Walking-Sticks - Market Analysis, Forecast, Size, Trends and Insights

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India: Umbrella And Walking-Stick Market 2024

Umbrella And Walking-Stick Market Size in India

The Indian umbrella and walking-stick market was finally on the rise to reach $X in 2022, after two years of decline. Overall, consumption posted strong growth. Umbrella and walking-stick consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Umbrella And Walking-Stick Exports

Exports from India

In 2022, shipments abroad of umbrellas and walking-sticks increased by 1.6% to X units, rising for the fourth consecutive year after three years of decline. Over the period under review, exports saw strong growth. The most prominent rate of growth was recorded in 2015 with an increase of 1,296% against the previous year. As a result, the exports attained the peak of X units. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, umbrella and walking-stick exports surged to $X in 2022. In general, exports saw a resilient increase. The growth pace was the most rapid in 2015 with an increase of 1,541% against the previous year. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Spain (X units), the United States (X units) and Bhutan (X units) were the main destinations of umbrella and walking-stick exports from India, with a combined 42% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Bhutan (with a CAGR of +116.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for umbrella and walking-stick exported from India were Spain ($X), the United States ($X) and France ($X), with a combined 54% share of total exports. Bhutan, Malaysia, Nepal, the UK, South Africa, the United Arab Emirates, Chile, Iraq, Djibouti and Somalia lagged somewhat behind, together comprising a further 24%.

Among the main countries of destination, Bhutan, with a CAGR of +165.3%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average umbrella and walking-stick export price stood at $X per unit in 2022, surging by 16% against the previous year. Overall, export price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, umbrella and walking-stick export price increased by +23.3% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the average export price increased by 76% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2019 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Somalia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bhutan (+22.7%), while the prices for the other major destinations experienced more modest paces of growth.

Umbrella And Walking-Stick Imports

Imports into India

In 2022, supplies from abroad of umbrellas and walking-sticks increased by 82% to X units for the first time since 2019, thus ending a two-year declining trend. In general, imports showed resilient growth. Imports peaked at X units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, umbrella and walking-stick imports skyrocketed to $X in 2022. Overall, total imports indicated a slight expansion from 2012 to 2022: its value increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) was the main umbrella and walking-stick supplier to India, with a approx. 98% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +14.5%.

In value terms, China ($X) constituted the largest supplier of umbrellas and walking-sticks to India.

From 2012 to 2022, the average annual growth rate of value from China amounted to +2.2%.

Import Prices by Country

In 2022, the average umbrella and walking-stick import price amounted to $X per unit, waning by -18% against the previous year. Over the period under review, the import price showed a drastic downturn. The growth pace was the most rapid in 2020 when the average import price increased by 16%. Over the period under review, average import prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -10.8% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for umbrellas in the world?

South Africa constituted the country with the largest volume of umbrella consumption, accounting for 86% of total volume. Moreover, umbrella consumption in South Africa exceeded the figures recorded by the second-largest consumer, China, more than tenfold.

What are the largest producers of umbrellas in the world?

The country with the largest volume of umbrella production was China, comprising approx. 84% of total volume. Moreover, umbrella production in China exceeded the figures recorded by the second-largest producer, Bangladesh, more than tenfold. Turkey ranked third in terms of total production with a 1.9% share.

What are the leading suppliers of umbrellas to India?

In value terms, the Czech Republic, Germany and Hong Kong SAR constituted the largest umbrella suppliers to India, with a combined 70% share of total imports. These countries were followed by the United States, Malaysia, Switzerland and Hungary, which together accounted for a further 24%.

What are the leading importers of umbrellas from India?

In value terms, Spain remains the key foreign market for umbrella exports from India, comprising 54% of total exports. The second position in the ranking was occupied by Bhutan, with an 8% share of total exports. It was followed by the United States, with a 5.6% share.

What is the average export price for umbrellas in India?

The average umbrella export price stood at $4 per unit in 2021, declining by -10.2% against the previous year.

What is the average import price for umbrellas in India?

In 2021, the average umbrella import price amounted to $3.7 per unit, increasing by 50% against the previous year.

This report provides an in-depth analysis of the umbrella and walking-stick market in India. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 32992130 - Umbrellas, sun umbrellas, walking-stick umbrellas, garden umbrellas and similar umbrellas (excluding umbrella cases)
Prodcom 32992150 - Walking-sticks, seat-sticks, whips, riding-crops and the like

Country coverage:

India

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in India
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023