A beach umbrella is an umbrella designed and manufactured especially for outdoor recreational use, and is often used in the backyard, outdoor commercial dining areas, and pools. The beach umbrellas are versatile and can be installed in various ways; they are typically used for sun protection purposes. These umbrellas can be made of any material, including aluminum, wood, and fiberglass. Recently, aluminum beach umbrellas have replaced the old fashioned wood market umbrellas, thanks to their durability in the outdoors and technological advances. Beach umbrella has become an essential piece of equipment for outdoor furniture as it offers shade and coolness, as well as elegant aesthetics for living spaces outside.
COVID-19 Scenario Analysis
- The global pandemic has had a significant negative impact on the growth of beach umbrella due to a decline in consumer demand.
- The closure of beaches and outdoor places has posed a negative effect on the growth of beach umbrella Market.
- In many countries, the industries are shut down, so the production of beach umbrella has gone down drastically due to restriction of labor movement and no availability of raw material.
- The supply chain of the beach umbrella has disrupted due to the trade barriers.
Top Impacting Factors: Market Scenario Analysis, Trends, Drivers, and Impact Analysis
- Growth in urbanization, change in lifestyles and increase in outdoor activities have enhanced the growth of the market for patio umbrella. Rise in demand in the tourism industry for these umbrellas is one of the factors that urge demand for the beach umbrella market.
- Consumers coordinate their beach umbrellas with the lounge chairs by budget, taste, and personal preference. The beach umbrella market is strongly driven by the residential construction sector and is expected to expand rapidly during the forecast period.
- The high cost of branded beach umbrellas could be a reason for hampering its market growth.
The Global Market Trend
- The popularity of outdoor living spaces in urban residences is expected increase in the future and is likely to boost the demand for beach umbrella market during the forecast period.
- Manufacturers have increased their R&D capabilities to diversify their product range and have made efforts to improve product quality. The presence of several local vendors is expected to bring competition for the players
- In recent years, e-commerce has helped the global beach umbrella market remarkably. With the help of e-commerce, businesses in rural areas and more isolated areas have been able to reach consumers. High internet penetration, growth in smartphone sales, and digitalization have encouraged growth in e-commerce across all regions, which in turn, is anticipated to foster growth in the near future for the beach umbrella market.
Urban lifestyle, higher disposable income, and high spending rates in the regions of North America and Europe are expected to account for a major market share in the reach umbrellas. Rapid urbanization and growth of the building industry in emerging countries have boosted the sales of the beach umbrella market.
Key Benefits of the Report
- This study presents the analytical depiction of the beach umbrella industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the beach umbrella market share.
- The current market is quantitatively analyzed to highlight the growth scenario of the global beach umbrella market.
- Porter’s five forces analysis illustrates the potency of buyers and suppliers in the market.
- The report provides a detailed beach umbrella market analysis based on competitive intensity and how the competition will take shape in coming years.
Questions Answered in the Beach Umbrella Market Research Report
- Which are the leading players active in the beach umbrella market?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What future projections would help in taking further strategic steps?
Beach Umbrella Market Report Highlights
By Distribution Channel
Key Market Players
TUUCI LLC, Michael Caravita, Rusque, Ezpeleta Portugal, Sun Garden USA, EdenGarden D.O.O, Shadescapes Americas