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Global Umbrella Market Share, Growth, Analysis, Forecast: By Type: Straight, Folding, Automatic, Others; By End Use: Adult, Kids; By Distribution Channel: Offline, Online; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Competitive Landscape; 2024-2032
Global Umbrella Market Outlook
The global umbrella market size reached approximately USD 7.37 billion in 2023. The market is further projected to grow at a CAGR of 2.2% between 2024 and 2032, reaching a value of USD 9.02 billion by 2032.
Key Trends in the Market
An umbrella refers to a handheld and portable tool that is used by individuals to provide them protection against sunlight and rain. The term umbrella comes from the Italian word “ombrella” that can be rooted back to the Latin word “umbella” derived from “umbra” which means shadow or shade.
- The growing awareness about the various harmful effects of exposure to sunlight for long periods of time is aiding the umbrella market growth. UV damage can take a toll on the skin and the underlying connective tissue, resulting in the development of lines and wrinkles. Moreover, exposure to sunlight can also elevate the risk of skin cancer.
- The rising trend of matching accessories and increasing availability of product customisation is supporting the market expansion. Availability of umbrella with personalised designs and colour schemes allow them to express their creativity and sense of style.
- Rising unpredictability of weather owing to the subjection of atmosphere with nonlinear dynamics coupled with increasing population are offering lucrative growth opportunities to the market. Various studies by renowned institutions, including Stanford University have shown that increasing temperatures can intensify the unpredictable nature of the weather in the midlatitudes of the earth.
Global Umbrella Market Analysis
On the basis of type, the market is divided into straight, folding, and automatic, among others. Based on end use, the market is bifurcated into adult and kids.
On the basis of distribution channel, the market is classified into offline and online. Based on region the umbrella market segmentation includes North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
- ShedRain Corporation
- Huifeng Umbrella Co., Ltd.
- Madeblunt USA, Inc.
- Swaine Swaine Group Limited
- GustBuster Umbrellas
- Totes Isotoner Corp.
- London Undercover Ltd.
- Fujian Fanhe Import & Export Trading Co., Ltd.
- Fox Umbrellas Ltd.
- Zhejiang Hongye Umbrella Co., Ltd.
- Others
Umbrella Market Share by Distribution Channels
Online distribution channels are anticipated to account for a significant umbrella market share over the forecast period owing to the availability of a variety of colour and designs, brands, and types including automatic, straight, and folding, among others. Additionally, online distribution channels also offer lucrative discounts, fast delivery, and easy return and refund. The availability of detailed product descriptions and customer reviews allows the shopper to select the umbrella most suitable to their requirements.
Umbrella Market Share by Region
North America is expected to witness significant growth in the coming years. This growth can be attributed to the increasing threat of melanoma in the region. The risk of melanoma increases with regular exposure to the ultraviolet radiations of the sun because of which the requirement for protective clothing, close fitting sunglasses, SPF sunscreen, and umbrellas is increasing. The growing accessibility of umbrellas across different distribution channels along with the rising availability of customised umbrellas to complement the personal styles of individuals is further bolstering the umbrella market demand in North America.
Competitive Landscape
ShedRain Corporation is one of the leading engineers, producers, and designers of rainwear and umbrella. The company was founded in 1947 and is headquartered in Oregon, United States. Shed combines ingenuity and craftmanship with sophisticated style while manufacturing their products.
Huifeng Umbrella Co., Ltd., headquartered in Guangdong, China, is an umbrella manufacturing company that was founded in 1998. The products provided by the company range from personalised folding umbrellas to sturdy and large golf umbrellas.
Swaine Swaine Group Limited is a leading supplier and manufacturer of leather goods including hats, parasols, handbags, suitcases, and umbrella, among others. The company was founded in 1750 and is headquartered in London.
Other umbrella market key players include Madeblunt USA, Inc., GustBuster Umbrellas, Totes Isotoner Corp., London Undercover Ltd., Fujian Fanhe Import & Export Trading Co., Ltd., Fox Umbrellas Ltd., and Zhejiang Hongye Umbrella Co., Ltd., among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by End Use |
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| Breakup by Distribution Channel |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Umbrella Market Analysis
8.1 Key Industry Highlights
8.2 Global Umbrella Historical Market (2018-2023)
8.3 Global Umbrella Market Forecast (2024-2032)
8.4 Global Umbrella Market by Type
8.4.1 Straight
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Folding
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Automatic
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Others
8.5 Global Umbrella Market by End Use
8.5.1 Adult
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Kids
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.6 Global Umbrella Market by Distribution Channel
8.6.1 Offline
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Online
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.7 Global Umbrella Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America Umbrella Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Umbrella Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Umbrella Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Umbrella Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Umbrella Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Trade Data Analysis (HS Code – 6601)
15.1 Major Exporting Countries
15.1.1 By Value
15.1.2 By Volume
15.2 Major Importing Countries
15.2.1 By Value
15.2.2 By Volume
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 ShedRain Corporation
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Huifeng Umbrella Co., Ltd.
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Madeblunt USA, Inc.
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Swaine Swaine Group Limited
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 GustBuster Umbrellas
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Totes Isotoner Corp.
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 London Undercover Ltd.
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 Fujian Fanhe Import & Export Trading Co., Ltd.
16.2.8.1 Company Overview
16.2.8.2 Product Portfolio
16.2.8.3 Demographic Reach and Achievements
16.2.8.4 Certifications
16.2.9 Fox Umbrellas Ltd.
16.2.9.1 Company Overview
16.2.9.2 Product Portfolio
16.2.9.3 Demographic Reach and Achievements
16.2.9.4 Certifications
16.2.10 Zhejiang Hongye Umbrella Co., Ltd.
16.2.10.1 Company Overview
16.2.10.2 Product Portfolio
16.2.10.3 Demographic Reach and Achievements
16.2.10.4 Certifications
16.2.11 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Umbrella Market: Key Industry Highlights, 2018 and 2032
2. Global Umbrella Historical Market: Breakup by Type (USD Billion), 2018-2023
3. Global Umbrella Market Forecast: Breakup by Type (USD Billion), 2024-2032
4. Global Umbrella Historical Market: Breakup by End Use (USD Billion), 2018-2023
5. Global Umbrella Market Forecast: Breakup by End Use (USD Billion), 2024-2032
6. Global Umbrella Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2023
7. Global Umbrella Market Forecast: Breakup by Distribution Channel (USD Billion), 2024-2032
8. Global Umbrella Historical Market: Breakup by Region (USD Billion), 2018-2023
9. Global Umbrella Market Forecast: Breakup by Region (USD Billion), 2024-2032
10. North America Umbrella Historical Market: Breakup by Country (USD Billion), 2018-2023
11. North America Umbrella Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Europe Umbrella Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Europe Umbrella Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Asia Pacific Umbrella Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Asia Pacific Umbrella Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Latin America Umbrella Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Latin America Umbrella Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Middle East and Africa Umbrella Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Middle East and Africa Umbrella Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Major Exporting Countries by Value
21. Major Importing Countries by Value
22. Major Exporting Countries by Volume
23. Major Importing Countries by Volume
24. Global Umbrella Market Structure
Key Questions Answered in the Report
The market reached a value of approximately USD 7.37 billion in 2023.
The market is projected to grow at a CAGR of 2.2% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 9.02 billion by 2032.
The major market drivers include rising unpredictability of weather and increasing risk of melanoma.
The key trends fuelling the growth of the market include increasing availability of customised and personalised umbrellas and growing awareness about the various harmful effects of exposure to sunlight.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The significant types include straight, folding, and automatic, among others.
The key players in the market are ShedRain Corporation, Huifeng Umbrella Co., Ltd., Madeblunt USA, Inc., Swaine Swaine Group Limited, GustBuster Umbrellas, Totes Isotoner Corp., London Undercover Ltd., Fujian Fanhe Import & Export Trading Co., Ltd., Fox Umbrellas Ltd., and Zhejiang Hongye Umbrella Co., Ltd., among others.
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