Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 7.52 Billion | USD 9.44 Billion | 2.30% | 2024 |
FrequentlyAsked Questions
The umbrella encompasses various portable weather protection devices designed to shield users from rain, snow, or excessive sunlight, available in different designs, sizes, and materials to suit various weather conditions and user preferences.
The umbrella market is expected to be driven by increasing climate variability, growing urban populations, technological advancements in materials and designs, rising fashion consciousness, and expanding e-commerce distribution channels.
According to our study, the global umbrella market was worth around USD 7.52 billion in 2024 and is predicted to grow to around USD 9.44 billion by 2034.
The CAGR value of the umbrella market is expected to be around 2.30% during 2025-2034.
The global umbrella market will register the highest growth in Asia Pacific during the forecast period.
Key players in the umbrella market include Blunt Umbrellas, Davek, Fulton Umbrellas, GustBuster, HappySweeds, Kikkerland Design Inc., Knirps, London Undercover, Rainshade, Senz Smart Umbrellas, ShedRain, Swims, Totes Isotoner, Umbrella Heaven, Vumos, Westerly Goods, William Wood Umbrella, Weatherman, Xiaomi Corporation, and Doppler Schirme.
The report comprehensively analyses the umbrella market, including an in-depth discussion of market drivers, restraints, emerging trends, regional dynamics, and future growth opportunities. It also examines competitive dynamics, material innovations, and the evolving consumer preferences shaping the umbrella industry ecosystem.
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