March 2023: Totes Isotoner Corporation announced about launching of its new eco-Brella umbrella collection, For SS23, the company re-launched its whole umbrella range as eco-brella to mark its 40th anniversary. Umbrellas will now be made from 100% Recycled PET Plastic bottles and PFC free water repellency treatments.
August 2023: Recreational Equipment, Inc. (REI Co-op) will celebrate the opening of REI Re/Supply Clackamas, its second used outdoor gear and apparel store. The day-long celebration will feature outdoor and community partners, music, and a special prize. REI members are invited to attend. Along with local charities Latino Outdoors and Forest Park Conservancy, outdoor apparel companies will also be present at the celebration.
Author Credits: Anil Kumar, Ipsheeta Dash
Report ID: 1919
Published Date: Nov 03, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
Increasing popularity of designer umbrellas, uncertain weather conditions and increasing incidence of skin cancer are the major factors driving the market growth.
The market size of umbrella is anticipated to attain a CAGR of ~1.88% over the forecast period, i.e., 2022-2027.
The major players in the market are Weatherman, Upper Echelon Products LLC, FanHE Umbrellas, London Undercover Limited, Raintec Umbrellas, Shaoxing Shangyu Yuzi Outdoor Products Co., Ltd., Happy Umbrella Foundation, Citizen Watch Co., Ltd., Woodline Shade Solutions PTY Ltd, Uhlmann Sonnenschirme e.K., Fulton Umbrellas.
The folding segment is anticipated to garner the largest market size by the end of 2027 and display significant growth opportunities.
The market in the Asia Pacific region is projected to hold the largest market share by the end of 2027 and provide more business opportunities in the future.