Global Umbrella Market by Growth Status, Segmentation, and Covid-19 Impact Analysis Forecast Report 2030

The "Umbrella Market" Report offers a thorough analysis of prominent competitors and their market shares, providing valuable insights into the competitive landscape. Alongside important metrics like sales, revenue, average selling price, and gross margin, the report explores significant growth prospects for industry leaders. Serving as an all-inclusive resource, this research provides a comprehensive overview of the market and its potential for expansion, making it an essential tool for investors and business professionals alike.

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The global umbrella market is projected to expand at a compound annual growth rate (CAGR) of 1.72%, reaching USD 7,122.91 million by 2023.

The 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.

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 dominate 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.

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

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 approximately 91.5% in 2017.

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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.

Several companies are making significant contributions to the umbrella market, including 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., and Mobileye.

It also discusses market opportunity, CAGR growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, and future forecasts for various regions and/or countries.

North America's market size, Y-O-Y growth, market players analysis, and opportunity outlook are covered in the report, along with Latin America's market size, Y-O-Y growth, market players analysis, and opportunity outlook. The report also covers Europe's market size, Y-O-Y growth, market players analysis, and opportunity outlook for countries such as the U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC (Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, and Rest of Europe. Asia-Pacific's market size, Y-O-Y growth, market players analysis, and opportunity outlook are covered as well, along with the Middle East and Africa's market size, Y-O-Y growth, market players analysis, and opportunity outlook for countries such as Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, and Rest of Middle East and Africa.

The global umbrella market is growing steadily, with a focus on product types, gender, and distributional channels. Umbrellas having three or more folds dominate the global market, while the revenue generated from umbrellas designed for women is more. The offline channel dominates the global market, while China is the largest exporter of umbrellas. Several companies are making significant contributions to the umbrella market, with Blunt Umbrellas being one of the leading players.

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Scope of the Report:

The scope of this report encompasses a comprehensive analysis of the market growth expected to occur from 2023 to 2030. Through meticulous research, we have organized data pertaining to the evolving market structures that exert influence on industries, markets, technologies, and capabilities. Our report presents a thorough examination of relevant statistics, opportunities, challenges, drivers, restraints, limits, market size, share, and trends. By delivering valuable insights, we aim to provide a comprehensive understanding of the market landscape.

Here are the key highlights of the report:

• Comprehensive assessments of the market share for Invisible Braces, conducted at both country and regional levels.
• In-depth analysis of the competitive landscape, identifying key trends within the industry.
• Thorough examination of market trends, encompassing product and technology advancements, drivers and barriers, and an analysis based on PORTER's five forces.
• Strategic recommendations tailored for crucial business segments, leveraging market forecasts.
• Guidance provided for new market entrants, assisting them in navigating the industry landscape.
• Market forecasts encompassing all pertinent segments, sub-segments, and regional markets.

Our sample report encompasses the following elements:

• Introduction, Overview, and In-depth Industry Analysis: A comprehensive analysis of the industry, providing an updated report introduction along with an in-depth examination of key aspects.
• Research Report of 100+ Pages: The report consists of more than 100 pages, incorporating the latest research findings and insights.
• Chapter-wise Guidance: We offer chapter-wise guidance upon request, allowing you to navigate the report and delve into specific areas of interest.
• Updated Regional Analysis with Graphical Representation: Our report includes an updated regional analysis, presented in a graphical format to illustrate the size, share, and emerging trends within each region.
• List of Tables and Figures: It features an updated list of tables and figures that support the information presented in the report.
• Top Market Players: The report includes a comprehensive analysis of the leading market players, highlighting their business strategies, sales volume, and revenue analysis.
• Facts and Factors Research Methodology: Our research methodology is based on a rigorous approach, ensuring the accuracy and reliability of the information presented in the report.

Our most recent research report showcases the thriving expansion of the global Umbrella Market and offers in-depth insights into the projected market size, share, and revenue until 2030.

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