PUBLISHER: Lucintel | PRODUCT CODE: 1523289
PUBLISHER: Lucintel | PRODUCT CODE: 1523289
Beach Umbrella Trends and Forecast
The future of the global beach umbrella market looks promising with opportunities in the supermarkets/ hypermarkets, e-commerce, and convenience store markets. The global beach umbrella market is expected to reach an estimated $8.3 billion by 2030 with a CAGR of 3.8% from 2024 to 2030. The major drivers for this market are increased outdoor activity, changing lifestyles, and growing urbanization, increased understanding of the value of sun protection, as well as, rising popularity of outdoor living areas in city homes.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Beach Umbrella by Segment
The study includes a forecast for the global beach umbrella by material, distribution channel, end use, and region.
List of Beach Umbrella Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies beach umbrella companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the beach umbrella companies profiled in this report include-
Beach Umbrella Market Insights
Lucintel forecasts that aluminum is expected to witness the highest growth over the forecast period.
Within this market, supermarket/ hypermarkets is expected to witness the higher growth.
North America will remain the largest region over the forecast period due to rising demand in this area for beach umbrellas, growing trend in this area of taking beach vacations and more people going to beaches to unwind.
Features of the Global Beach Umbrella Market
Market Size Estimates: Beach umbrella market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Beach umbrella market size by material, distribution channel, end use, and region in terms of value ($B).
Regional Analysis: Beach umbrella market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different material, distribution channel, end use, and regions for the beach umbrella market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the beach umbrella market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the beach umbrella market size?
Answer: The global beach umbrella market is expected to reach an estimated $8.3 billion by 2030.
Q2. What is the growth forecast for beach umbrella market?
Answer: The global beach umbrella market is expected to grow with a CAGR of 3.8% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the beach umbrella market?
Answer: The major drivers for this market are increased outdoor activity, changing lifestyles, and growing urbanization, increased understanding of the value of sun protection, as well as, rising popularity of outdoor living areas in city homes.
Q4. What are the major segments for beach umbrella market?
Answer: The future of the global beach umbrella market looks promising with opportunities in the supermarkets/ hypermarkets, e-commerce, and convenience store markets.
Q5. Who are the key beach umbrella market companies?
Answer: Some of the key beach umbrella companies are as follows:
Q6. Which beach umbrella market segment will be the largest in future?
Answer: Lucintel forecasts that aluminum is expected to witness the highest growth over the forecast period.
Q7. In beach umbrella market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to rising demand in this area for beach umbrellas, growing trend in this area of taking beach vacations and more people going to beaches to unwind.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.