World - Umbrellas - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

Global Umbrella Market Overview 2020

Umbrella Market Size

The global umbrella market revenue amounted to $X in 2018, surging by X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2013 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. In that year, the global umbrella market reached its peak level and is likely to continue its growth in the immediate term.

Umbrella Production

In value terms, umbrella production stood at $X in 2018 estimated in export prices. Over the period under review, umbrella production, however, continues to indicate a mild slump. The pace of growth was the most pronounced in 2018 when production volume increased by X% year-to-year. Over the period under review, global umbrella production attained its peak figure level at $X in 2015; however, from 2016 to 2018, production failed to regain its momentum.

Production By Country

China (X units) remains the largest umbrella producing country worldwide, accounting for X% of total volume. Moreover, umbrella production in China exceeded the figures recorded by the second-largest producer, Pakistan (X units), more than tenfold. The U.S. (X units) ranked third in terms of total production with a X% share.

In China, umbrella production decreased by an average annual rate of -X% over the period from 2013-2018. In the other countries, the average annual rates were as follows: Pakistan (+X% per year) and the U.S. (+X% per year).

Umbrella Exports

Exports 2007-2018

In 2018, the amount of umbrellas exported worldwide stood at X units, surging by X% against the previous year. In general, umbrella exports, however, continue to indicate a slight slump. The pace of growth was the most pronounced in 2017 when exports increased by X% y-o-y. The global exports peaked at X units in 2014; however, from 2015 to 2018, exports remained at a lower figure.

In value terms, umbrella exports totaled $X in 2018. In general, umbrella exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X% year-to-year. Over the period under review, global umbrella exports reached their maximum at $X in 2014; however, from 2015 to 2018, exports stood at a somewhat lower figure.

Exports by Country

China prevails in umbrella exports structure, reaching X units, which was approx. X% of total exports in 2018. The following exporters - Cambodia (X units), Germany (X units) and the Netherlands (X units) - each finished at a X% share of total exports.

Exports from China decreased at an average annual rate of -X% from 2013 to 2018. At the same time, Cambodia (+X%), the Netherlands (+X%) and Germany (+X%) displayed positive paces of growth. Moreover, Cambodia emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2013-2018. While the share of Cambodia (+X p.p.) increased significantly in terms of the global exports from 2013-2018, the share of China (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In China, umbrella exports contracted by an average annual rate of -X% over the period from 2013-2018. In the other countries, the average annual rates were as follows: Germany (+X% per year) and the Netherlands (+X% per year).

Export Prices by Country

The average umbrella export price stood at $X per unit in 2018, rising by X% against the previous year. Over the last five years, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2015 an increase of X% y-o-y. In that year, the average export prices for umbrellas reached their peak level of $X per unit. From 2016 to 2018, the growth in terms of the average export prices for umbrellas remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was the Netherlands ($X per unit), while Cambodia ($X per unit) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of prices was attained by China, while the other global leaders experienced a decline in the export price figures.

Umbrella Imports

Imports 2007-2018

In 2018, the global umbrella imports amounted to X units, surging by X% against the previous year. The total import volume increased at an average annual rate of +X% over the period from 2013 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2018 when imports increased by X% y-o-y. In that year, global umbrella imports attained their peak and are likely to continue its growth in the immediate term.

In value terms, umbrella imports amounted to $X in 2018. Over the period under review, umbrella imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when imports increased by X% y-o-y. Over the period under review, global umbrella imports reached their maximum at $X in 2014; however, from 2015 to 2018, imports remained at a lower figure.

Imports by Country

In 2018, Japan (X units) and the U.S. (X units) were the main importers of umbrellasaround the world, together amounting to near X% of total imports. Brazil (X units) held the next position in the ranking, followed by South Korea (X units) and Germany (X units). All these countries together occupied near X% share of total imports. The following importers - the Philippines (X units), Indonesia (X units), Mexico (X units), India (X units), France (X units), the UK (X units) and Italy (X units) - together made up X% of total imports.

From 2013 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by India, while imports for the other global leaders experienced more modest paces of growth.

In value terms, the U.S. ($X) constitutes the largest market for imported umbrellas worldwide, comprising X% of global imports. The second position in the ranking was occupied by Japan ($X), with a X% share of global imports. It was followed by Germany, with a X% share.

From 2013 to 2018, the average annual growth rate of value in the U.S. totaled +X%. In the other countries, the average annual rates were as follows: Japan (-X% per year) and Germany (+X% per year).

Import Prices by Country

The average umbrella import price stood at $X per unit in 2018, shrinking by -X% against the previous year. In general, the umbrella import price continues to indicate a mild shrinkage. The pace of growth appeared the most rapid in 2014 when the average import price increased by X% against the previous year. Over the period under review, the average import prices for umbrellas reached their peak figure at $X per unit in 2016; however, from 2017 to 2018, import prices failed to regain their momentum.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was the U.S. ($X per unit), while Indonesia ($X per unit) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of prices was attained by Italy, while the other global leaders experienced more modest paces of growth.

Source: IndexBox AI Platform