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Umbrella Market Size,Share, Scope, Revenue, Trends|James Smith & Sons Ltd.,Fox Umbrellas,Hangzhou Paradise Umbrella,Aisin Seiko Co.Mobileye

01-17-2020 02:58 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Kenneth Research

Umbrella Market Size,Share, Scope, Revenue, Trends|James

The global umbrella market is projected to expand at a compound annual growth rate (CAGR) of 1.72%, reaching USD 7,122.91 Mn by 2023. Uncertain weather conditions, higher incidence of skin cancer, and the popularity of designer umbrellas which are endorsed or used by celebrities, are some of the key factors driving the growth of the market.

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Product segment insights:

Based on product types, the umbrella market is divided into two fold, three fold or more, walking stick umbrellas, garden umbrellas, and others. Umbrellas having three or more folds are dominating the global market, primarily because of their convenience and ease of use. However, the North American umbrella market earns half of its revenue from the garden variants, since their use is not restricted to just gardens, but extends to commercial spaces as well.

Gender segment insights:

Based on gender, the revenue generated from umbrellas designed for women, is more. Men prefer using solid, dark colours and walking stick umbrellas, whereas women prefer bright colors and floral patterns. The global market share of umbrellas designed for women is ~51%.

Distribution channel segment insights:

Based on the distributional channel, the umbrella market is segmented into offline and online methods. The offline channel dominates the global market. In North America, the offline distribution channel accounted for a market share of ~91.5% in 2017.

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Regional insights:

China has been the largest exporter of umbrellas for a while, and its share in the global market is increasing. In 2000, mainland China held a global market share of 52.3%, which increased to 87.7% in 2017. North American and European countries were the highest importers of umbrellas in 2017. In Europe, Germany accounts for the highest amount of foreign trade in umbrellas.

Companies covered:

Blunt Umbrellas
Zhejiang Haizhou Umbrella Limited Company
Swaine Adeney Brigg
RainStoppers Umbrellas
Zhejiang Hongye Umbrella
James Smith & Sons Ltd.
Fox Umbrellas
Hangzhou Paradise Umbrella
Aisin Seiko Co.
Mobileye
Customizations available

With the given market data, we offer customization according to specific needs. Write to us at sales@kennethresearch.com, or connect with us here.

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Contact Us

Kenneth Research
Email: Sales@kennethresearch.com
Phone: +1 313 462 0609

About Kenneth Research:

Kenneth Research provides market research reports to different individuals, industries, associations and organizations with an aim of helping them to take prominent decisions. Our research library comprises of more than 10,000 research reports provided by more than 15 market research publishers across different industries. Our collection of market research solutions covers both macro level as well as micro level categories with relevant and suitable market research titles. As a global market research reselling firm, Kenneth Research provides significant analysis on various markets with pure business intelligence and consulting services on different industries across the globe. In addition to that, our internal research team always keep a track on the international and domestic market for any economic changes impacting the products’ demand, growth and opportunities for new and existing players.

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