Market Forecast By By Material (Wood, Fiberglass, Aluminum), By By Distribution Channel (Hypermarkets/supermarkets, Specialty stores, Online retailers, Others), By By Size (5 - 7 Feet, 5 - 10 Feet, > 10.5 Feet) And Competitive Landscape
Product Code: ETC214514 | Publication Date: May 2022 | Updated Date: May 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Brazil Beach Umbrella market currently, in 2023, has witnessed an HHI of 9684, Which has increased slightly as compared to the HHI of 9096 in 2017. The market is moving towards Highly concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The Brazil Beach Umbrella Market report thoroughly covers the market by material, by distribution channel, and by size. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Brazil Beach Umbrella Market is expanding steadily, driven by the country's thriving tourism economy, growing beach culture, and rising consumer demand for sun protection and outdoor leisure products. Beach umbrellas are crucial beach items that provide shade, UV protection, and comfort during outdoor activities, resulting in market growth. The Brazil Beach Umbrella Market includes a diverse range of umbrellas specifically built for beach use, such as portable, lightweight, and UV-resistant types. These umbrellas are available in a variety of sizes, colours, and patterns to suit varied customer tastes and beach aesthetics.
According to 6Wresearch, the Brazil Beach Umbrella Market size is expected to grow at a significant CAGR of 5% during the forecast period 2024-2030. The market is driven by the country's vast coastline and the Brazilian culture's strong affinity towards beach life. An increasing number of tourists, both domestic and international, flocking to Brazilian beaches each year significantly contributes to the demand for beach umbrellas. Additionally, the growing awareness about the harmful effects of UV radiation has led to a higher demand for beach umbrellas that offer UV protection. However, the market faces challenges such as the seasonality of beach tourism, which can lead to fluctuations in demand for beach umbrellas. Another challenge is the intense competition among vendors, which puts pressure on price points and profit margins. There is also the issue of counterfeit products, which can undermine brand reputation and consumer trust. Despite these challenges, the Brazil beach umbrella market growth is augmenting owing to the rise of eco-friendly and sustainable products. Consumers are increasingly preferring umbrellas made from recycled or biodegradable materials. There is also a trend towards innovative designs that offer enhanced wind resistance and portability, catering to the needs of consumers seeking convenience and durability. The integration of technology, such as solar-powered USB charging ports, represents a novel trend that aligns with the modern consumer's desire for connectivity even while relaxing at the beach.
Some of the top companies in the Brazil Beach Umbrella market include well-known brands like Solero Parasols, Nautika, Mors hade, Sobrancelhas Design, and Beliani. These companies are known for producing high-quality beach umbrellas with creative designs and a significant market presence.
In the Brazil Beach Umbrella Market, government regulations are critical to maintaining product safety, quality standards, and environmental sustainability. Regulatory authorities, such as the National Institute of Metrology, Quality, and Technology (INMETRO), monitor compliance with statutory beach umbrella criteria, such as safety certificates, material specifications, and labelling norms. Furthermore, environmental agencies oversee the usage of eco-friendly materials, waste management methods, and recycling programmes to encourage sustainability in beach umbrella manufacturing.
Future insights into the Brazil Beach Umbrella market show excellent growth opportunities driven by factors such as increased beach tourism, rising disposable incomes, and a growing emphasis on sun protection and new product designs. With an emphasis on sustainability and quality standards, the industry is set to grow as manufacturers adjust to regulatory constraints and consumer preferences. By employing market estimates and historical data, Brazilian industry players may manage growth patterns, capitalise on emerging opportunities, and fulfil the changing wants of consumers looking for long-lasting, stylish, and environmentally friendly beach umbrellas.
According to Dhaval, Research Manager, 6Wresearch, fibreglass is the fastest growing material sector. Fibreglass beach umbrellas are becoming increasingly popular due to its durability, lightweight nature, flexibility, and resistance to harsh weather conditions, making them a top choice for customers looking for dependable and long-lasting beach accessories.
In the Brazil Beach Umbrella Market, the Online Retailers are gaining traction owing to the increasing popularity of online shopping, convenience, wider product selection, and evolving consumer preferences for seamless purchasing experiences are driving the growth of beach umbrella sales through online retailers in Brazil.
In the Brazil Beach Umbrella Market, the market segmentation by Size that is anticipated to grow the most is the 5 – 7 Feet category. This size range is popular among consumers for its versatility, portability, and suitability for individual or small group beach outings.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Brazil Beach Umbrella Market Overview |
3.1 Brazil Country Macro Economic Indicators |
3.2 Brazil Beach Umbrella Market Revenues & Volume, 2020 & 2030F |
3.3 Brazil Beach Umbrella Market - Industry Life Cycle |
3.4 Brazil Beach Umbrella Market - Porter's Five Forces |
3.5 Brazil Beach Umbrella Market Revenues & Volume Share, By By Material, 2020 & 2030F |
3.6 Brazil Beach Umbrella Market Revenues & Volume Share, By By Distribution Channel, 2020 & 2030F |
3.7 Brazil Beach Umbrella Market Revenues & Volume Share, By By Size, 2020 & 2030F |
4 Brazil Beach Umbrella Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Brazil Beach Umbrella Market Trends |
6 Brazil Beach Umbrella Market, By Types |
6.1 Brazil Beach Umbrella Market, By By Material |
6.1.1 Overview and Analysis |
6.1.2 Brazil Beach Umbrella Market Revenues & Volume, By By Material, 2020 - 2030F |
6.1.3 Brazil Beach Umbrella Market Revenues & Volume, By Wood, 2020 - 2030F |
6.1.4 Brazil Beach Umbrella Market Revenues & Volume, By Fiberglass, 2020 - 2030F |
6.1.5 Brazil Beach Umbrella Market Revenues & Volume, By Aluminum, 2020 - 2030F |
6.2 Brazil Beach Umbrella Market, By By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Brazil Beach Umbrella Market Revenues & Volume, By Hypermarkets/supermarkets, 2020 - 2030F |
6.2.3 Brazil Beach Umbrella Market Revenues & Volume, By Specialty stores, 2020 - 2030F |
6.2.4 Brazil Beach Umbrella Market Revenues & Volume, By Online retailers, 2020 - 2030F |
6.2.5 Brazil Beach Umbrella Market Revenues & Volume, By Others, 2020 - 2030F |
6.3 Brazil Beach Umbrella Market, By By Size |
6.3.1 Overview and Analysis |
6.3.2 Brazil Beach Umbrella Market Revenues & Volume, By 5 - 7 Feet, 2020 - 2030F |
6.3.3 Brazil Beach Umbrella Market Revenues & Volume, By 5 - 10 Feet, 2020 - 2030F |
6.3.4 Brazil Beach Umbrella Market Revenues & Volume, By > 10.5 Feet, 2020 - 2030F |
7 Brazil Beach Umbrella Market Import-Export Trade Statistics |
7.1 Brazil Beach Umbrella Market Export to Major Countries |
7.2 Brazil Beach Umbrella Market Imports from Major Countries |
8 Brazil Beach Umbrella Market Key Performance Indicators |
9 Brazil Beach Umbrella Market - Opportunity Assessment |
9.1 Brazil Beach Umbrella Market Opportunity Assessment, By By Material, 2020 & 2030F |
9.2 Brazil Beach Umbrella Market Opportunity Assessment, By By Distribution Channel, 2020 & 2030F |
9.3 Brazil Beach Umbrella Market Opportunity Assessment, By By Size, 2020 & 2030F |
10 Brazil Beach Umbrella Market - Competitive Landscape |
10.1 Brazil Beach Umbrella Market Revenue Share, By Companies, 2023 |
10.2 Brazil Beach Umbrella Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |