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: Parul Atri
Report ID: 1919
Published Date: Oct 10, 2024
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of umbrella is evaluated at USD 5.69 billion.
The umbrella market size was valued at USD 5.6 billion in 2024 and is projected to exceed USD 7.27 billion by the end of 2037, expanding at over 2.2% CAGR during the forecast period i.e., between 2025-2037. Increasing popularity of designer umbrellas, uncertain weather conditions and increasing incidence of skin cancer will drive the market growth.
Asia Pacific industry revenue is anticipated to cross 50% by 2037, due to increasing awareness of sun protection and growing outdoor recreational activities in the region.
The major players in the market include 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.