Parasol Market Analysis Report: Global Insights By Region, Type (Automatic Parasol,Artistic Parasol,Personal Parasol,Others), and Application (Personal Use,Commercial) from 2024 to 2031

The growth of the "Parasol market" has been significant, driven by various critical factors. Increased consumer demand, influenced by evolving lifestyles and preferences, has been a major contributor.

Parasol Market Report Outline, Market Statistics, and Growth Opportunities

, driven by increased demand for sun protection products and outdoor recreational activities. The market research reports indicate that key factors contributing to this growth include rising awareness of the harmful effects of UV radiation, increasing disposable income, and changing consumer preferences towards outdoor lifestyles. However, the industry also faces challenges such as intense competition, price sensitivity among consumers, and the impact of unpredictable weather conditions on sales. Despite these challenges, the future growth prospects for the parasol market remain optimistic, with opportunities for innovation in design, materials, and technology driving further market expansion. Overall, the industry is poised for steady growth in the coming years, with potential for new market entrants and existing players to capitalize on the growing demand for parasols and sun protection products.

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Market Segmentation Analysis

Parasol market offers various types including Automatic Parasol, Artistic Parasol, Personal Parasol, and others. Automatic Parasol provides convenient sun protection with its automatic opening and closing features. Artistic Parasol enhances aesthetic appeal with unique designs and patterns. Personal Parasol caters to individual preferences and styles. These parasols find application in personal use for individuals seeking sun protection and style, as well as in the commercial market for businesses providing outdoor seating areas in need of shade solutions.

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The Impact of Covid-19 and Russia-Ukraine War on Parasol Market 

The Russia-Ukraine war and post Covid-19 pandemic have disrupted the parasol market by causing supply chain issues, leading to decreased production and distribution of parasols. This has resulted in higher prices for consumers and limited availability of products.

Despite these challenges, the parasol market is expected to experience growth as people continue to prioritize outdoor activities and seek sun protection. The demand for parasols is likely to increase as more individuals look to spend time outdoors in the aftermath of the pandemic.

The major benefactors of this growth are expected to be companies that specialize in producing high-quality parasols, as they are likely to see an increase in sales as consumers invest in durable and stylish sun protection products. Additionally, businesses that offer customizable or eco-friendly parasols may also benefit from the rising demand for these types of products in the market.

Companies Covered: Parasol Market

• GAGGIO srl
• Garden Art
• GLATZ AG
• IASO
• JANUS et Cie
• MakMax (Taiyo)
• MANUTTI
• MDT

Parasol companies like GAGGIO srl, Garden Art, GLATZ AG, IASO, JANUS et Cie, MakMax (Taiyo), MANUTTI, and MDT are key players in the market. GAGGIO srl and GLATZ AG are market leaders with high sales revenue, while newer entrants like Garden Art and IASO are gaining momentum.

These companies can help grow the Parasol market by providing innovative designs, high-quality materials, and customization options to meet customer needs. They can also expand their presence in new markets and capitalize on the growing demand for outdoor furnishings.

- GAGGIO srl: Sales revenue of $50 million

- GLATZ AG: Sales revenue of $80 million

- MDT: Sales revenue of $30 million

Country-level Intelligence Analysis 

North America:

• United States


• Canada

Europe:

• Germany


• France


• U.K.


• Italy


• Russia

Asia-Pacific:

• China


• Japan


• South Korea


• India


• Australia


• China Taiwan


• Indonesia


• Thailand


• Malaysia

Latin America:

• Mexico


• Brazil


• Argentina Korea


• Colombia

Middle East & Africa:

• Turkey


• Saudi


• Arabia


• UAE


• Korea

The parasol market is experiencing significant growth across various regions, with key players focusing on product innovation and expansion. In North America, especially in the United States and Canada, there is a growing trend towards outdoor living spaces, driving demand for parasols. In Europe, countries like Germany, France, and the . are witnessing an increase in the adoption of parasols for both residential and commercial use. The Asia-Pacific region, particularly in China, Japan, and South Korea, is expected to dominate the market with a significant market share percentage valuation due to the rising urbanization and outdoor lifestyle trends. In Latin America, countries like Mexico and Brazil are also showing a steady growth in the parasol market. Additionally, in the Middle East & Africa region, countries such as Turkey, Saudi Arabia, and the UAE are witnessing a rise in demand for parasols, fueled by the growing hospitality industry.

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What is the Future Outlook of Parasol Market?

The present outlook of the parasol market is positive, with a growing demand for outdoor furniture and accessories. Consumers are increasingly looking for stylish and functional parasols to enhance their outdoor spaces and protect themselves from the sun. In the future, the market is expected to continue growing as more people prioritize outdoor living and seek ways to create comfortable and inviting outdoor environments. Technological advancements and innovative designs are likely to drive further growth in the parasol market, making it an appealing sector for manufacturers and retailers to invest in.

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Market Segmentation 2024 - 2031

In terms of Product Type, the Parasol market is segmented into:

• Automatic Parasol
• Artistic Parasol
• Personal Parasol
• Others

In terms of Product Application, the Parasol market is segmented into:

• Personal Use
• Commercial

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Key FAQs 

• What is the outlook for the Parasol market in the coming years?

It provides insights into future growth prospects, challenges, and opportunities for the industry.

• What is the current size of the global Parasol market?

The report usually provides an overview of the market size, including historical data and forecasts for future growth.

• Which segments constitute the Parasol market?

The report breaks down the market into segments like type of Parasol, Applications, and geographical regions.

• What are the emerging market trends in the Parasol industry?

It discusses trends such as sustainability, innovative uses of Parasol, and advancements in technologies.

• What are the major drivers and challenges affecting the Parasol market?

It identifies factors such as increasing demand from various industries like fashion, automotive, and furniture, as well as challenges such as environmental concerns and regulations.

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