Umbrella Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Product Type (Straight, Reverse, Folding, Automatic, Others); Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail, Others) and Geography
An umbrella is a folding canopy supported by wooden or metal ribs that is usually mounted on a wooden, metal, or plastic pole. It is designed to protect a person against rain or sunlight. Umbrella, a portable, hand-held device that is used for protection against rain and sunlight. The modern umbrella consists of a circular fabric or plastic screen stretched over hinged ribs that radiate from a central pole.
The "Global Umbrella Market Analysis to 2028" is a specialized and in-depth study of the consumer goods industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Umbrella market with detailed market segmentation by product type, distribution channel, and geography. The report provides key statistics on the market status of the leading Umbrella market players and offers key trends and opportunities in the market.
Based on product type, the global umbrella market is segmented into straight, reverse, folding, automatic, and others.
Based on distribution channel, the global Umbrella market is segmented into supermarkets and hypermarkets, specialty stores, online retail, and others.
MARKET DYNAMICS Drivers:
Increasing disposable income.
The increasing rate of online retail globally.
Strict government regulations.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Umbrella market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Umbrella market in these regions.
IMPACT OF COVID-19 ON UMBRELLA MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The consumer goods industry is one of the major industries suffering serious disruptions, such as supply chain breaks, technology events cancellations, and office shutdowns, because of this pandemic. The shutdown of various plants and factories in leading regions such as North America, Europe, Asia Pacific, South America, and the Middle East & Africa has affected the global supply chain and negatively impacted the manufacturing, delivery schedules, and sales of various goods. Furthermore, various companies have already announced possible delays in product deliveries and slump in future sales of their products.
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The report covers key developments in the Umbrella market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from Umbrella market are anticipated to witness lucrative growth opportunities in the future with the rising demand for Umbrella in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Umbrella market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
Totes Isotoner Corporation
Alexander McQueen Trading Limited
Cloud Nine Promotional Products
Fujian Gentle Import & Export Trading Co., Ltd.
Lewis N. Clark
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
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The List of Companies
1. Totes Isotoner Corporation
2. Alexander McQueen Trading Limited
3. GustBuster Umbrellas
4. Umbrellai, Inc.
5. Cloud Nine Promotional Products
6. Repel Umbrella
7. RainStoppers Umbrellas
8. London Undercover
9. Fujian Gentle Import and Export Trading Co., Ltd.
10. Lewis N. Clark