How Big is the Umbrella Market | Growth Insights & Trends 2025

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Code: MTA9577

Publication Date: Sep 2025

What is the size of Umbrella Market?

According to 6Wresearch internal database and industry insights, the Global Umbrella Market was valued at USD 4.3 Billion in 2024 and is expected to reach USD 6.1 Billion by 2031, growing at a compound annual growth rate of 5.10% during the forecast period (2025-2031).

The number of factors are driving the market expansion include the growing demand for fashionable and customizable umbrellas, the urban population growth, the increase in travel and tourism, advancements in lightweight and durable materials, and government programs that support domestic production.

Key Growth Drivers of the Umbrella Market

Rising consumer preference for trendy and designer umbrellas
Increasing demand from travel and outdoor recreational activities
Growing adoption of compact and foldable umbrella designs
Advancements in durable, wind-resistant, and waterproof materials
Expansion of online retail and e-commerce platforms

Umbrella Market Trends

Umbrella Market is witnessing major growth with notable trends such as the increasing use of sustainable and eco-friendly fabrics in umbrella production. The market for umbrellas that block UV rays and are windproof is expanding quickly. Therefore, manufacturers are focusing on designs that are stylish, lightweight, and portable in order to appeal to younger consumers. There is a growing trend of smart umbrellas with integrated sensors and connectivity capabilities. Furthermore, the trend of personalization and customization is increasing sales, particularly in the premium market. Collaborations with fashion brands and designers are also rising, creating limited-edition collections that enhance brand value and consumer appeal.

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Emerging Developments in the Umbrella Market

Umbrella Market is growing with innovations in automatic open-close mechanisms and compact folding structures. There is rising investment in biodegradable and recyclable materials to support eco-friendly production. An increasing number of people are charging small devices with umbrella canopies equipped with solar panels. The rising number of fashion brands and umbrella manufacturers are working together to introduce exclusive collections. The use of advanced coating technologies for greater durability is another factor propelling market expansion. In addition, multipurpose umbrellas with features like built-in LED lighting and rainwater collection are growing in popularity.