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Report World - Umbrellas - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

World - Umbrellas - Market Analysis, Forecast, Size, Trends and Insights

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Global Umbrella Market 2024

Umbrella Market Size

The global umbrella market amounted to $X in 2022, rising by 6.8% against the previous year. Overall, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the global market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Umbrella Production

In value terms, umbrella production contracted modestly to $X in 2022 estimated in export price. In general, production, however, showed a noticeable curtailment. The most prominent rate of growth was recorded in 2021 when the production volume increased by 5.4% against the previous year. Global production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Umbrella Exports

Exports

In 2022, overseas shipments of umbrellas increased by 92% to X units, rising for the second year in a row after eight years of decline. Overall, exports, however, saw a slight setback. Over the period under review, the global exports attained the peak figure at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, umbrella exports soared to $X in 2022. The total export value increased at an average annual rate of +2.0% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 26% against the previous year. The global exports peaked in 2022 and are likely to continue growth in the near future.

Exports by Country

China dominates exports structure, amounting to X units, which was approx. 86% of total exports in 2022. The following exporters - Greece (X units), Cambodia (X units) and the Netherlands (X units) - together made up 7.3% of total exports.

From 2012 to 2022, average annual rates of growth with regard to umbrella exports from China stood at -2.3%. At the same time, Greece (+60.4%), Cambodia (+16.4%) and the Netherlands (+7.4%) displayed positive paces of growth. Moreover, Greece emerged as the fastest-growing exporter exported in the world, with a CAGR of +60.4% from 2012-2022. While the share of Greece (+3.4 p.p.) and Cambodia (+2 p.p.) increased significantly in terms of the global exports from 2012-2022, the share of China (-4.6 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest umbrella supplier worldwide, comprising 81% of global exports. The second position in the ranking was held by the Netherlands ($X), with a 2.4% share of global exports. It was followed by Cambodia, with a 1.4% share.

From 2012 to 2022, the average annual growth rate of value in China stood at +1.8%. The remaining exporting countries recorded the following average annual rates of exports growth: the Netherlands (+8.5% per year) and Cambodia (+12.6% per year).

Export Prices by Country

The average umbrella export price stood at $X per unit in 2022, reducing by -40.2% against the previous year. In general, the export price, however, recorded moderate growth. The most prominent rate of growth was recorded in 2018 when the average export price increased by 59%. The global export price peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while Greece ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.2%), while the other global leaders experienced mixed trends in the export price figures.

Umbrella Imports

Imports

In 2022, the amount of umbrellas imported worldwide skyrocketed to X units, increasing by 30% on 2021. Overall, imports, however, saw a mild shrinkage. Global imports peaked at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, umbrella imports rose remarkably to $X in 2022. The total import value increased at an average annual rate of +1.7% over the period from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 25% against the previous year. Global imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, the United States (X units), distantly followed by Japan (X units), Brazil (X units), Greece (X units), Germany (X units) and South Korea (X units) were the key importers of umbrellas, together constituting 52% of total imports. Italy (X units), the Philippines (X units), Mexico (X units), India (X units), Spain (X units), France (X units) and the Netherlands (X units) took a little share of total imports.

Imports into the United States increased at an average annual rate of +5.7% from 2012 to 2022. At the same time, Greece (+33.5%), India (+13.6%), the Netherlands (+2.5%), Germany (+2.5%) and South Korea (+2.3%) displayed positive paces of growth. Moreover, Greece emerged as the fastest-growing importer imported in the world, with a CAGR of +33.5% from 2012-2022. Italy experienced a relatively flat trend pattern. By contrast, France (-1.2%), Spain (-1.5%), Brazil (-3.5%), Japan (-3.5%), Mexico (-4.3%) and the Philippines (-6.4%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the United States, Greece, India and Germany increased by +10, +5.5, +1.8 and +1.7 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported umbrellas worldwide, comprising 21% of global imports. The second position in the ranking was held by Germany ($X), with an 8.8% share of global imports. It was followed by Japan, with a 7.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States stood at +3.0%. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+4.3% per year) and Japan (-3.6% per year).

Import Prices by Country

The average umbrella import price stood at $X per unit in 2022, reducing by -14.8% against the previous year. Over the period under review, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, umbrella import price increased by +33.1% against 2016 indices. The pace of growth was the most pronounced in 2021 an increase of 18%. As a result, import price reached the peak level of $X per unit, and then reduced in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was France ($X per unit), while the Philippines ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+12.1%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

South Africa remains the largest umbrella consuming country worldwide, comprising approx. 86% of total volume. Moreover, umbrella consumption in South Africa exceeded the figures recorded by the second-largest consumer, China, more than tenfold.
The country with the largest volume of umbrella production was China, accounting for 84% of total volume. Moreover, umbrella production in China exceeded the figures recorded by the second-largest producer, Bangladesh, more than tenfold. The third position in this ranking was occupied by Turkey, with a 1.9% share.
In value terms, China remains the largest umbrella supplier worldwide, comprising 73% of global exports. The second position in the ranking was occupied by the Netherlands, with a 4.6% share of global exports. It was followed by Germany, with a 3.1% share.
In value terms, South Africa constitutes the largest market for imported umbrellas worldwide.
In 2021, the average umbrella export price amounted to $4.5 per unit, picking up by 16% against the previous year.
The average umbrella import price stood at $0.4 per unit in 2021, reducing by -82.7% against the previous year.

This report provides an in-depth analysis of the global umbrella market. 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)

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 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. 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. 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. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. 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, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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